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Cantor: ‘We Can Accomplish Well Over a Trillion Dollars in Cuts’

House Majority Leader Eric Cantor (R., Va.) hopes to axe a trillion dollars from the federal budget.

“We can accomplish well over a trillion dollars in cuts,” said Cantor, a leading Republican in debt-reduction talks, on Face the Nation. “The striking thing is, you get different people in the room of different philosophies and persuasions and what we’ve actually seen is that it’s easier to find places to cut and to gain efficiencies than the Democrats may have thought otherwise.”

“Everything is on the table,” he said. “As Republicans, we’re not going to go for tax increases. I think the administration gets that. But we’ve also put everything on the table as far as cuts.”

New on The Corner. . .


COMMENTS   20

EXPAND  

   05/29/11 13:30

Hey Cantor, why don't you shut up and PROVE you can get over a trillion in cuts? You talk big but normally come up short once the game starts.

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   05/30/11 14:34
wpa38
   05/29/11 13:39

When I was about 15 I acted like a Congressman. I'm gonna do this, I'm gonna do that. Never did any of it.

After I took my first job as a delivery boy, I was cured of congressitis. I learned forcefully: If it needs to be done, do it. If it doesn't need to be done, forget it.

Why can't these politicians grow up? They're not fooling anyone.

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   05/29/11 13:50

I tried to find the trillion statement in the video; I was wondering if this was another bs 'ten year' dealio. I agree with Marco, shut up and do it, stop talking. This is why I don't like Cantor, he's a politician, a false representer.

He's in a special group with Obama, Wasserman-Schultz (my rep, God help me), Reid...all talk no substance. Letters by name are irrelevent. Keep voting them out. Support the honest, forthright persons.

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dsawy
   05/29/11 13:52

If Ryan's "$1 trillion" uses the same math as Boehner's $38 billion, that means we might actually cut about tree-fiddy from the national budget in 10 years.

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   05/29/11 13:55

Clipping the $119 BILLION 2012 money we're gonna blow in the pointless Iraq and Afghanistan misadventures would be a good start.

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   05/29/11 14:08

Since there's absolutely no reason to believe his ridiculous assertion that "everything is on the table" (Defense spending? Foreign aid... to Israel?) there's no reason to believe this is anything but more smoke being blown up America's collective behind.

A person who is serious about the debt and deficit, rather than p.r., would not preemptively rule any kind of tax increase. Since everything is obviously not on the table, a serious attempt to tackle the two D's would likely involve a tax increase of some sort.

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   05/29/11 16:47

Why is there not a single item on National Review about Weiner-Gate? That's the big news story of the holiday weekend.

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   05/29/11 17:03

Matt, you have too much time on your hands...

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   05/29/11 17:17

Steve,

You seem bitter. Why is that? Loosen up.

I have as much time as everybody else, 24 hours a day. :)

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   05/29/11 17:21

Vandelay,

You don't get to be a conservative if you are pro-tax hikes.

Supporting tax hikes is a political loser, and if you care about doing something about the deficits, you would not be pushing the GOP to adopt a political loser in tax hikes.

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   05/29/11 17:27

Matt X,

Yeah, I guess the fact that a congressman says he is a victim of a crime (or simply a lying pervert) is not a news story. Move along. Nothing to see here, even at NRO. I guess NRO is just trying to have the big boys in the MSM club like them.

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DonM
   05/29/11 19:51

Why are tax rate increases off the table? Because increasing tax rates leads to decreased tax revenue. We had an income tax rate of 70% when Carter was president. the top 1% paid only 18% of the income taxes. Now with a top tax rate much less, the top 1% pays 45% of income taxes.

We can't afford to raise tax rates and cut tax payments. To do so wouldn't raise income, it would cut it.

What would raise income is cutting business taxes, but noone knows quite how much. We do know that the US has the highest business tax rates in the world.

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DonM
   05/29/11 19:54

We should cut a trillion dollars a year. 800 Billion was last year's stimulus. Cutting Obama care would be another 200 billion. There, done.

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   05/29/11 21:16

Eric Cantdo, the biggest mouth in the biggest House of Cards in the World.

If Cantdo and Cryin' John Boehner say anything in DC, does anyone care?

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More of the same will be good
   05/30/11 01:31

Yes, by all means, let's elect more of those career pols that keep whispering all the right words in our collective ears. They say people like Sara and Herman would not make good leaders because they have no experience in politics, like that is a BAD thing. Yes, by all means, lets elect more 'politicians'. After all, their 'experienced leadership' has worked out so well for us all up to this point, hasn't it?
/sarc off

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walt
   05/30/11 04:14

Cutting trillions is always just around the corner, it seems.

If this guy survives his next primary, I'm sending money to his Dem opponent in the general. That also goes for Boehner, Hensarling, McCarthy, and Dreier. Hopefully we can do this while still increasing the GOP majority.

Cut spending by cutting government, or lose your phony-baloney jobs, gents!

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   05/30/11 14:29

You can vote Democrat if you like, but I hope you don't expect them to cut spending for you, or even maintain current levels.
If so, you're quite naive.
A lot of people were upset in '06 with Republican spending. (I know I was!) But what the Dems have managed to spend in just a few short years staggers the mind.

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PamK
   05/30/11 07:46

It is good to hear Cantor say that they are listening to lots of people for suggestions on where the cuts can be made. The more he and other House members say it, the more they and their constituents will recognize it is the only way out to the hole that our elected representatives have dug for the taxpayers.
The only problem here is that the Democrats need to start acting like adults and start finding cuts they can put into the pot, in addition to their standard - the military. Unfortunately the Democrats are more interested in defeating Republicans, rewarding union cronies, indulging in graft and greed, and buying votes from illegals than doing what is best for our children and grandchildren. It is past time for all representatives to overhaul our tax and benefits systems.

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   05/31/11 13:48

"if their complaint is judged to be groundless"

Unfortunately that is a loop-hole that you can drive a whole fleet of semi's through.

Judges already have the ability to throw out any complaint that is judged to be groundless before a trial even starts. Yet this almost never happens. Why?

Mostly because the money for a judges re-election campaign comes almost exclusively from lawyers.

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