Congressman Eric Cantor says fixing the economy is “not a revenue problem”.

Posted at 12:26 PM, Jun 11, 2012
and last updated 2012-06-11 12:26:35-04

When it comes to commerce and the nation’s economy, House Majority Leader Eric Cantor of Virginia says helping small business owners is the way to increase both.

We’ve heard Cantor’s candid talk about how he believes the Obama administration is going about fixing the economy the wrong way, but this morning it comes on the heels of President Obama’s recent speech on the economy and financial problems in Europe.  The President talked about how the republicans got the country into an economic crisis in the first place, and their opposition to stimulus help is going to stymie the creation of a million new jobs.

   Congressman Cantor and House Speaker John Boehner believe creating opportunities for the unemployed and those tired of working for bigger companies to create their own small businesses, could do the same thing without raising taxes on the rest of us.

   Cantor says the President is playing the “blame game” by not only pointing a finger at republicans, but also the financial problems in Europe for our troubled economy.

   A recent Gallup poll shows 56% of Americans believe the economy is getting better under the President’s leadership.  Cantor says democrats and republicans have to find a middle ground.

“The debate in Washington has been much about fixing the problem which is a spending problem in Washington.  It’s not a revenue problem”, said Cantor.  “If you’re asking people to pay more taxes, and you don’t fix the spending problem, you’re digging the hole deeper.  We don’t want to do that and we really can come together and fix these problems.” 

Another interesting item that came out of CBS 6’s morning talk with Congressman Cantor is what happens after the GOP Primary on Tuesday.  Reports are Cantor plans to endorse Lt. Gov. Bill Bolling for the governor’s race over Attorney General Ken Cuccinelli.  Cantor believes Bolling’s experience as the state’s job czar and working with Gov. Bob McDonnell makes him better prepared to deal with the issue of growing jobs in Virginia.

Speaking of the GOP Primary, last week we interviewed Cantor’s 7th district opponent Floyd Bane.  You can find that interview here.  Also look for more in-depth questions for Eric Cantor in his interview with anchor Sam Brock starting today on CBS 6 News @ 5:00.