Leader Cantor Statement on Ongoing Spending Negotiations

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Washington, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement regarding the ongoing spending negotiations:

"At a time when the federal government borrows nearly 40 cents of each dollar that it spends and averages trillion dollar deficits each year, House Republicans are firmly committed to cutting spending and tightening the belt just like business people and families around the country are doing. Americans deserve nothing less.

“Republicans want to cut spending and to get America's fiscal house in order, we do not want to shut down the government. Yet, despite our repeated calls for fiscal sanity, Senate Democrats still refuse to act or listen to the American people. Instead, they continue to act irresponsibly by playing political games with a government shutdown by calling any effort to cut spending - no matter how sensible - ‘extreme’ regardless of the fact that the majority of Americans want to do exactly that. Senate Democrats need to learn that the extreme position is to keep recklessly spending money that we don't have, driving up our debt, threatening tax hikes and the next generation of Americans. If Leader Reid and Senator Schumer refuse to offer a plan to cut spending, they have an obligation to offer a plan to raise taxes and I once again call upon them to do so.

"Our national debt is more than $14 trillion, but Leader Reid and Senator Schumer are promoting false promises and using sleight of hand budgeting to achieve an imaginary spending cut figure that is still far too low by comparison. If the Democrats demand to defend every dime of government spending and force a government shutdown, that will be on their hands.”
 

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