“We’ve heard a lot from the Majority Leader in the United States Senate. He says that we are going to face economic collapse if we don’t get something done by Tuesday, but yet he keeps killing the measures that we send over and threatening to do the same with the one that we will send over today. Now Harry Reid can’t have it both ways. The fact is the President has asked us to compromise, and we’ve compromised. We sent over our vision of how we would take this country forward if we were in control, that was Cut, Cap and Balance, the Senate dispensed with that immediately and tabled it.
“The bill today represents a bipartisan, negotiated agreement, something that fixes the problem past August 2nd and allows us to continue to focus on trying to get the fiscal house in order. The way I see it is Harry Reid has three different options: one is to suffer the economic consequences of default, which I hope, which all of us hope he doesn’t choose. Two is to bring up the bill that we sent prior, the one that he claims to be opposed to, or three, to accept the compromise bill that we are sending over today, so we can resolve this crisis and get on about the business of this country.”
House Majority Leader Eric Cantor (R-VA)
Remarks at GOP Stakeout
July 28, 2011