Washington (CNN) - Before returning to the White House to resume negotiations on a deal to raise the debt ceiling, number two House Republican Eric Cantor, R-Virginia, insisted Republicans will continue to oppose any tax increases as part of deal to raise the debt ceiling, telling reporters, "our members did not come here to raise taxes."
Cantor highlighted the current unemployment rate of 9.2 percent and held up a piece of paper showing a quote from Obama in 2009, when he spoke out against raising taxes in a recession.
"It is counter-intuitive to think you impose taxes on people right now and businesses if you want to get Americans back to work," Cantor said.
Responding to a question about a reported split between himself and House Speaker John Boehner, R-Ohio, Cantor maintained that the two GOP leaders were "on the same page."
But in a not-so-subtle jab at Boehner's office, the Majority Leader said, "there wasn't a lot of information that was forthcoming" about the discussions between the president and the speaker pertaining to the so-called "grand bargain," a $4 trillion package of entitlement cuts and new revenues that Boehner took off the table over the weekend.
"I know you all love to write the soap opera here," Cantor joked, referring to the split, before repeating that he, Boehner and the GOP conference are all united against any tax increases.
Cantor reiterated what Boehner and other Republican leaders have underlined, that a bill with any new tax hikes won't pass the House.
"That is just an irreconcilable difference, and if the president wants the debt ceiling raised, we're not going to go along and raise that if they want to raise taxes, and that just is what it is," Cantor said.
I am mystified that the American public has not seen through this "taxes" smokescreen the Republicans constantly throw out there. The Obama administration has never suggested raising taxes on Americans making less than $250k/ year. The Republicans want us to believe that raising taxes on millionaires and corporate jet owners is going to cost jobs, but they have no proof. The opposite has occurred more than once in recent history. Bill Clinton raised taxes on the super wealthy and jobs were created; Reagan took a similar approach and jobs were created. Bush cut taxes on the wealthy and jobs were lost. Go figure. Republicans wail about the tax burden U.S. corporations endure, but it is reported that GE paid ZERO in federal taxes for last year... zero. Seriously? This is a time of austerity and that includes those who can afford more, paying more. It's as simple as that. If you don't make $250k per year, then you have nothing to worry about. Cut taxes on the middle class and we'll spend our extra money and spur the economy. It's that simple. Pay attention. Educate yourselves and expect more out your representatives!
To WEALTHY REPUBLICANS (poor republicans get a pass): Raise taxes on the wealthiest for crying out loud and quit whining about it! Geez! If tax cuts produced jobs we'd be rolling in them now. The experiment has failed. You guys hold onto your money tighter than a constipated butt crack holds onto poop. It won't make a bit of difference whether you are paying 20% in taxes or 39% in taxes. Either way, you are still going to hang onto that dollar until it is ripped from your hands. You HAVE the tax cuts now – where are the jobs???? You are suffering this recession less than any other demographic, yet you want the other demographics to suck it up so you can still afford your 4th car. It is really quite despicable.
OK guys normal logic says that 20% of the people have the 80% of the wealth. The 80% of the people pay 80% of the taxes while the 20% of the people with the 80% of the wealth pay 20% of the taxes. This is what the Cantering Senator Cantor wants. May be Senator Cantor is in that 20% of the Americans who hold the 80% of the wealth.
I'm almost done with the US. I can't really be loyal to a country that is just so stupid. I'm pulling my retirement out of US -based stock funds and am investing in Canada, China and emerging markets, and bonds and CASH. To hell with the US, I'm looking out for # 1. I HOPE the republicans take over the white house and I'll laugh my ass off when they drive unemployment to 25% and blame Obama for causing it somehow. Stick a fork in the USA, it's done. People just need to accept that we are no longer the leader of the free world.
Hey wait a minute, I thought we didn't pay TAXES, we provide the government REVENUE. Also, the Obama administration doesn't SPEND, it INVESTS. The fact that people fall for the verbal gymnastics and sleight of hand perpetrated by both parties never ceases to amaze me.
Where the hell were Boehner, Cantor and McConnell when Bush was president? How come they did not reign in government spending then? The GOP-controlled House and Senate lowered taxes in the Bush years, but we still lost jobs. Why will keeping taxes lower creat jobs now? Has anyone told these geniuses that cutting spending will cause government employees and those depending on government funding to be layed off? That means that tax revenues will decrease because more people will be out of work and the deficit will start to grow again. I thought the Dems were stupid, but the Republican Tea Bag Party makes them look positively brilliant.
Maybe we should default, it seems that we are too stupid to do otherwise.
Remember that creepy little kid in school that couldn't climb the rope, couldn't throw a ball and never kissed a girl? His name was Eric Cantor, and he's here to get even.
I say that part of the blame falls on the President, who has consistently FAILED to really talk to the public. Why doesn't he come out and EXPLAIN the fact that at one time the two wars and Medicare Part D did not appear on the budget, and that he purposelly put them there to be transparent, so now the budget looks like it is way higher than before?? President BUSH didn't show them on the budget, to make it look like things were going well! The previous three Repub presidents are very much to blame for the situation we are in, including President Reagen. And now it take a "black" man to make things right, but he cannot with the Repubs really not liking a black person in the White House, and blocking everything in his way! It is going to take an informed public to express their concerns, and the president has to consider the concerns of the majority!
Four and the Door –
What happened when Clinton raised taxes in '93. Did the economy get smaller? How about when Reagan closed loopholes in '82? They aren't putting money into the economy anyway so what does it matter.
Sorry, I mean to type the word "purposefully." I just got this new laptop and I'm excited!!
Taxes on the wealthy “job creators “are as low as they’ve ever been. By now, we should be swimming in jobs!
We need more "CANS" and a lot fewer "CAN'T ors".
Wipe that smirk off your face pencil neck. As employment goes up, the smiles on the Republicans keep growing.
Santorum on Cathy Croley yesterday, actually laughed when she noted the unemployment had grown to 9.2. he
then blamed it all on Obama. That was before she asked him about "The Bring Back Slave Club" letter he signed