ERIC CANTOR: The Sequester 'Doesn't Make Any Sense'
NBC
"Clearly, this is not the best way to go about controlling spending," Cantor said on "Meet the Press" Sunday.
Cantor pushed the argument that the House has taken up alternative measures to avoid the cuts in the sequester. The problem, he said, is that Obama wants to raise taxes "every three months."
"The problem is every time you turn around, the answer is to raise taxes," Cantor said. "He just got his tax hike on the wealthy. And you can't in this town every three months raise taxes. Again, every time, that's his response."
"We've got a spending problem — everybody knows it," Cantor added. "The House has put forward an alternative plan, and there's been no response in any serious way from the Senate and the White House. And it's time, we've really got to do it."
Watch the clip of Cantor's interview below, courtesy of NBC:
Visit NBCNews.com for breaking news, world news, and news about the economy
- Exploring the world on wheels: International road trips from India
- 10 worst food combinations you must avoid as per ayurveda
- Top seeds that keep you cool all summer
- 8 mouthwatering mango recipes to try this season
- India's hidden gems where the thermometer doesn't cross 20 degrees
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market