House Majority Leader Eric Cantor (R-Va.) strongly rejected the prospect of passing the entirety President Obama's recently unveiled jobs creation legislation.

"I reject the all-or-nothing approach that the president has laid out," Cantor said Friday on CNBC. "I mean nobody works like that. Washington certainly doesn't. That creates the conflict. That creates and brings on the rancor. We want to work together, we want to find places that we agree on and not dwell on the big differences."