Cantor and Boehner: 'Not Going to Allow This Kind of Spending to Continue'; Bill Coming
(CNSNews.com) - "We want to change the system here," House Majority Leader Eric Cantor (R-Va.) told a news conference on Friday. "We want to be able to go home to the people who elected us and show them that we're not going to allow this kind of spending to continue. We don't have the money -- they don't have the money."
Cantor said Republicans will bring up a bill next week -- the "Cut, Cap and Balance" bill -- "So that we can demonstrate that we are getting things under control and that the people who put us here can gain some confidence that we're going to begin to live like they do around their kitchen tables and in their businesses -- stop spending money we don't have and begin to manage this debt and deficit down to balance."
Cantor said Republicans hope "that our Democratic friends" will join them in their "balanced approach."
House Speaker John Boehner told the news conference it’s time for Democrats to get serious. He noted the House has passed budgets and “set the standard for serious debate.”
“No one wants the United States to default on our obligations,” Boehner said. “But we won’t see real economic growth without a serious plan to deal with our deficit and our debt.”
Boehner said tax hikes destroy jobs; and the nation needs “real spending cuts.”
“Listen, we’re in the fourth quarter here. Time and again, Republicans have offered serious proposals to cut spending and address these issues. And I think it’s time for the president to get serious as well. We asked him to put forward a plan – not a speech – a real plan, and he hasn’t. We will.”
As CNSNews.com previously reported, the Cut, Cap and Balance pledge commits lawmakers to oppose any increase in the debt limit unless substantial cuts in spending are made to reduce the deficit next year, enforceable spending caps are enacted to put the federal government on the path to a balanced budget, and Congress passes a constitutional balanced budget amendment that permanently limits federal spending and requires a supermajority for enacting tax increases.