Majority Leader Eric Cantor welcomes home U.S. Service Academy cadets and midshipmen for the holidays.
Great welcoming home for the holidays some of the young men and women I had the privilege of nominating to attend our U.S. Service Academies. Thank you to all the cadets and midshipmen serving. Our future is in good hands. Majority Leader Eric Cantor
Majority Leader Eric Cantor has introduced legislation that replaces the sequester for one year with responsible spending cuts that protect our national security, and provides an additional $200 billion in savings over ten years.
UPDATE: The Spending Reduction Act has passed the House in a 215-209-1 vote. Click here to see how your Representative voted.
The Spending Reduction Act (H.R. 6684) will:
The savings from these reforms will replace the arbitrary discretionary sequester cuts and lay the groundwork for further efforts to avert the spending-driven economic crisis before us.
When previously scored, the net deficit reduction from the proposals contained in the Spending Reduction Act was $237.8 billion (gross savings of $310.0 less the cost of partially replacing the sequester of $72.2 billion (FY 13-22). This assumed an October 1, 2012 enactment date and thus the score will have to be updated to reflect the delayed enactment.
Following a meeting of the House Republican Conference, Majority Leader Eric Cantor made a statement on the Newtown tragedy and the status of the ongoing fiscal cliff negotiations:
All of our hearts and prayers are with the families in Newtown, Connecticut. As a father, I cannot even imagine the utter horror that those families are going through right now, grieving the loss of their children and their loved ones.
Majority Leader Eric Cantor meets with Gov. Luis Fortuño, the 9th governor of Puerto Rico.
Today, it was a pleasure to meet with Governor Luis Fortuño. We had an excellent discussion and I look forward to continuing to work together. Majority Leader Eric Cantor
Following the weekly meeting of the House Republican Conference, Majority Leader Eric Cantor called on the president to get specific on spending cuts and present a balanced plan to solve the fiscal cliff:
Mr. President, let's talk about a balanced plan, but where are your specifics on the spending cuts? Even his own advisors say that any kind of agreement that we come to has to deal with the prime drivers of our deficit which is the spending and particularly the health care entitlement programs. We ask the President to please sit down with us, be specific and let's get that balanced plan.
