Cantor Challenges White House on Small Business Tax Cut to Create Jobs

Posted by Brian Patrick on

 FYI –

• Cantor pushed back when presented with a quote from a White House aide indicating that no more major legislation was likely to pass through Congress this term. Cantor said that the current climate represents a “window of opportunity to get something done.” Among the legislative proposals he promoted was a law that would cut small business taxes by 20 percent.

Cantor Defends Payroll Tax Holiday
National Journal
Margot Sanger-Katz
February 19, 2012 | 10:17 a.m.
 

House Majority Leader Eric Cantor, R-Va., defended support among House Republicans for an almost $100 billion payroll tax holiday extension last week, even though the measure was not offset by spending cuts.

“At the end of the day, I don’t think it’s a good idea to allow taxes to go up on working people,” Cantor said on Fox News Sunday.

While it is widely known that the budget released by President Obama last week was dead on arrival in Congress, Cantor went on to criticize the budget request.

“The president’s budget is really something that is not serious,” Cantor said. “We are not going to pass a budget that’s going to rack up another trillion, 300 billion dollars in debt.”

Cantor pushed back when presented with a quote from a White House aide indicating that no more major legislation was likely to pass through Congress this term. Cantor said that the current climate represents a “window of opportunity to get something done.” Among the legislative proposals he promoted was a law that would cut small business taxes by 20 percent.





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