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Eric Cantor: “I Do Not Support” the Fiscal Cliff Bill

TaxFree1031 Wrote: Jan 01, 2013 7:13 PM
Republicans need to come up with a debt reduction and balanced budget plan ASAP and sell it to the American people. Just passing legislation in the House is not going to work. Salesmanship is sorely needed.

It’s going to be another long night. House Majority Leader Eric Cantor walked out of the GOP House conference meeting today saying that he does not support the Senate bill and a number of House Republicans have expressed serious concern with the lack of balance in the bill with regard to spending cuts. CBO figures put the ratio at 41:1—tax increases to spending cuts.

Brendan Buck, a spokesman for House Speaker John Boehner, said after today's first conference meeting that the lack of spending cuts in the Senate bill "was a universal concern amongst members in...