WASHINGTON D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement after House Republicans filed the Continuing Resolution:
“This evening, on behalf of House Republicans, Appropriations Chairman Hal Rogers introduced a Continuing Resolution that will reduce spending by at least $100 billion in the next 7 months – a historic effort to get our fiscal house in order and restore certainty to the economy. At a time when unemployment is too high and economic growth is elusive in part because of the uncertainty created by our skyrocketing debt, this legislation will mark the largest spending cut in modern history and will help restore confidence so that people can get back to work. These are not easy cuts, but we are finally doing what every other American has to do in their households and their businesses, and that’s to begin a path of living within our means.
“Unlike our Democrat colleagues whose reaction to reducing spending has been to stoke fear while offering no credible plan, House Republicans are fully committed to using every tool at our disposal so that we can boost long-term economic confidence helping businesses to grow. For years Democrats have proposed more government spending to create jobs, resulting in the largest debt and deficits in history while unemployment still remained too high. Republicans believe in free markets and the ability for small businesses and entrepreneurs to keep more of their own money so they can invest, grow their companies and hire employees. This is the difference, and will be clearly evident next week and in the months ahead.
“The Continuing Resolution is just a start, and we have much more work to do to change our country's fiscal path and create jobs, and you will see that start to take shape in the budget that Chairman Paul Ryan is putting together. Finally, the work that Chairman Rogers and his Appropriations Committee have done over the last three weeks is literally unprecedented and I thank him and his staff for their work.”