Cantor rejects debt ceiling plan proposed by Senate Republicans
July 13th, 2011
06:06 PM ET
7 years ago

Cantor rejects debt ceiling plan proposed by Senate Republicans

WASHINGTON (CNN) - A day after Senate Republican Leader Mitch McConnell proposed a backup plan to raise the debt ceiling if a deficit reduction deal with Democrats can't be reached, House Majority Leader Eric Cantor torpedoed the proposal, saying it doesn't have any chance of passing in his chamber.

"Currently, there is not a single debt limit proposal that can pass the House of Representatives," Cantor, R-Virginia, said in a statement Wednesday. Though the statement does not directly refer to McConnell's plan, Republican congressional sources said Cantor intended to make the point that the Senate GOP leader's proposal is not going anywhere in the House.


Filed under: Debt • Deficit • Eric Cantor
soundoff (20 Responses)
  1. rs

    So, because the Republican Party has lost all controll over its members the entire nation (if not perhaps the world??) should suffer? I would counter they all ought to resign, as they have failed- just like would happen in the corporate world. Republicans made this mess. Democrats will, once again, have to clean it up.

    Do us a favor Cantor RESIGN! Take Boehner, McConnel and the rest with you!

    July 13, 2011 06:11 pm at 6:11 pm |
  2. vic , nashville ,tn

    Eric Cantor won’t agree with his own party idea the fact is he want be house speaker

    July 13, 2011 06:17 pm at 6:17 pm |
  3. John

    May It will Pass when Eric Cantor and John Boehner and Mitch McConnell are all looking for new jobs In 2012. If This dept ceiling Isn't pass ans soon they will be a lot of Republican looking for new jobs In 2012. And If the Dept ceiling Isn't pass and soon I think all of congress and all of the Senate should give up there pay and health care Until they get a deal done.

    July 13, 2011 06:26 pm at 6:26 pm |
  4. The Greedy Old Pigs have declared class war on US!

    Of course he's against it. He has INVESTMENTS that will profit if the US teeters toward default. This guy should be under investigation right now. Combine that with the fact he has yet to ask the filthy rich to make a single sacrifice, while expecting the rest of us to pick up the slack, and you have Exhibit A for your typical anti-American GOBPbagger.

    July 13, 2011 06:33 pm at 6:33 pm |
  5. GI Joe

    I'd say he and the other tea-baggers wil be voted out of the house next year.

    We've ALL heard you. You can't unring that bell.

    July 13, 2011 06:37 pm at 6:37 pm |
  6. GI Joe

    If the republicans in the House are not going to pass a bill that is acceptable to the Senate and the President, maybe they should just go on home for 1-1/2 years (UNPAID, OF COURSE). They don't want to do their jobs. They want the President to do all the work so they can yell HELL NO.

    July 13, 2011 06:40 pm at 6:40 pm |
  7. Four and The Door

    To Van Hollen, the message from Republicans is that they are willing to "tank the entire economy" unless they "get things 100%" their way.
    Allowing America's debt to be increased even higher than it is now is not the Republicans getting their way. That is Obama getting his way. Republicans have agreed to do it for the good of the country and with the stipulation that we cut spending and don't just quickly blow by this one and find ourselves looking at $20 trillion in another year. It seems everyone except the Democrats seem to realize that the debt needs to be coming down instead of going up. Growing the federal government on new debt is a very bad idea but that's what has been happening. Our tax rates are too high already. The problem is government spending money it does not have.

    July 13, 2011 06:42 pm at 6:42 pm |
  8. B

    Cantor really is living in a different Paradigm and will lead the Republicans, along with McConnell into a unrecoverable situation politically.

    Go Cantor, they are starting to eat their own..

    Obama is smiling.

    July 13, 2011 06:42 pm at 6:42 pm |
  9. obayashi

    Cantor is a paid worker for the interest group as indicated by one blogger. Here is a quote: 1. “Eric Cantor, obviously, is a bought-and-paid-for republican working on an agenda thqat has nothing to do with the American People. As a subscriber to BARRON'S I am aware that on January 20, 2009, the day of Obama's inauguration, the National Debt = $10.7 trillion. Add to this figure the $1.3 trillion deficit to Budget-2009, Bush's last budget, and you get a total of $12.0 trillion, not counting the 30 years of interest tacked on to this bill. O.K. We now have an $850 billion stimulus and a $1 trillion "bail-out" under TARP. Probably, we should have had an additional $1 trillion Small Business Loan project to encourage employment. We got what we got. I can't figure out what Eric Cantor and the Republicans are whining about. Did we not enter this "DEPRESSION" on their watch? Under Republican "Tax Cuts?" Or are we, (American people) supposed to be too stupid to realize the Republicans all but buried us economically with this unprecedented National Debt? Obama had to spend something to grease the wheels. All told he spent, maybe $2.4 trillion... but he did put breaks on an economy spiraling down the toilet. He saved us from "Great Depression II," but the callous ingrates like Mr. Cantor would have us believe this is all President Obama's fault! Another thing, I never met a businessman who was cowed by the prospect of paying taxes. President Bush did not intend for his tax cuts to last forever. It was he who put the sun-set date on the Bush tax cuts. Restoring everything to status quo a la the Clinton years is not raising taxes. Republicans have forgotten how to speak truthfully... or perhaps, they never learned.” This according to Mr. West
    July 6, 2011 07:52 pm at 7:52 pm |

    No wonder he is blocking every attempt by any member of his party to solve the looming debt problem of this country.

    July 13, 2011 06:48 pm at 6:48 pm |
  10. Papasan

    T-Baggers have turned out to be the joke that writes itself. Sometimes though we wince more than we laugh, and this is one of those times.

    T-Baggers have deliberately exposed the American public to the T-Bagger audacious stupidity.

    There was a time when the illiterate hid their unfortunate handicap. With the emergence of the T-Baggers and its’ willful ignorance of common sense, total disregard for America is now a badge of honor.

    July 13, 2011 06:48 pm at 6:48 pm |
  11. Citizen Twain

    Cantor is a spoiled brat that needs to reigned in by the Republican leadership. Who does he think he is? He does not speak for America. Stop having tantrums and act like grown men.

    July 13, 2011 06:49 pm at 6:49 pm |
  12. The Obama Recession Continues Unabated, Obama Depression on the way

    How long do the Democrats intend to borrow trilliions and trillions of dollars to keep their great welfare society afloat?

    How many trillions of debt (25, 50, 100, 200???) do the Democrats intend to borrow to keep their great welfare society afloat?

    Where and when does it end? Democrats want to keep the pedal to the metal spending with complete and total disregard for where this all ends up. How many future generations of Americans do the Democrats intend to saddle with crushing debt? They seem content to drive this country head first into bankrupcty.

    July 13, 2011 06:51 pm at 6:51 pm |
  13. James Mason

    Shame on you Mr. Canter. The spending we're talking about is law that was legally passed. It is your responsibility to find the money or repeal the appropriate pieces of legislation – not to simply start bouncing checks like a reckless teenager!

    July 13, 2011 06:51 pm at 6:51 pm |
  14. Susan Hayes

    Congress and Senate members should be the first people NOT to be paid if the government does not have enough funds at the August deadline. What an embarrassment for our country. Wonder how this childish behavior comes across to other countries. The people I want in Washington are those that want to do the best for the nation and iits citizens regardless of party affiliation. I'll be showing my disapproval at the polls come election day. Too bad it's not tomorrow.

    July 13, 2011 06:57 pm at 6:57 pm |
  15. Lost in Texas FOREVER

    pay attention to Eric Cantor's body language next time you see him standing behin John Boehner. It is NOT one of admiration, almost like Brutus looking at Ceaser or Judas at Jesus. There is going to be a rift there sooner than later.

    July 13, 2011 07:10 pm at 7:10 pm |
  16. Anthony

    Er, a bill that contains only spending cuts and keeps all tax cuts will not pass the Senate. So what is your point?

    July 13, 2011 07:30 pm at 7:30 pm |
  17. barbara451`

    this Cantor guy has a serious psychological problem. Not sure what happened to him in the past, but he is never going to forget it and he is going to make everyone he meets pay for his misery in one way or another.

    July 13, 2011 07:40 pm at 7:40 pm |
  18. a6102658

    Cantor is in charge, Boehner should stay at home and be a Sock Puppet

    July 13, 2011 07:52 pm at 7:52 pm |
  19. The Other Campaign Strategist @ 115th & Amsterdam Ave.

    OK – Everyone needs to be on guard because the GOP is desperate and has proven that they play games.

    I predict there could be some fake "negotiation" afterwhich Cantor and McConnell announce they have crafted a n approach that would pass the House and has the support of all Republicans in the Senate.

    The antidote – Democrats must reject the short term plan now.

    July 13, 2011 07:56 pm at 7:56 pm |
  20. frank from Indiana

    So we know who is responsible now. Cantor and his gang of idiots. This will make a nice campaign ad.

    July 13, 2011 08:13 pm at 8:13 pm |