WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement regarding House Republicans’ second short-term Continuing Resolution (CR):
“Today, House Republicans put forth a second short-term Continuing Resolution that contains common sense spending cuts and will prevent a government shutdown. This measure is modeled after our earlier efforts – including H.R. 1 and the first short-term CR – and cuts spending at a rate of $2 billion per week for the next 3 weeks, resulting in $6 billion in savings for taxpayers. We hope Democrats will again join us on supporting these cuts which garnered broad bipartisan support two weeks ago. And, again, we thank Appropriations Chairman Hal Rogers and his Committee for their hard work.
“Beyond this 3-week measure, House Republicans will continue to work on a long-term CR to fund the federal government for the remainder of the fiscal year that includes significant and serious spending cuts. The current fiscal trajectory in our country is unsustainable; our national debt is more than $14 trillion and we continue to borrow more than 40 cents of each dollar we spend. The new Republican Majority was elected to change the way that Washington works and stop spending money that we don’t have. We must get our fiscal house in order so that we can foster economic confidence and allow businesses to grow, create jobs and get people back to work.
“Though there are visible divisions in the Democrat party, we hope that our friends on the other side of the aisle will work with the President and join us on a measure to fund the government for the rest of the fiscal year that contains serious spending cuts and makes Washington begin to live within its means.”