WASHINGTON, DC – Congressman Eric Cantor (VA-07) today issued the following statement after House Republicans filed the Continuing Resolution:
“This
evening, on behalf of House Republicans, Appropriations Chairman Hal
Rogers introduced a Continuing Resolution that will reduce spending by
at least $100 billion in the next 7 months – a historic effort to get
our fiscal house in order and restore certainty to the economy. At a
time when unemployment is too high and economic growth is elusive in
part because of the uncertainty created by our skyrocketing debt, this
legislation will mark the largest spending cut in modern history and
will help restore confidence so that people can get back to work. These
are not easy cuts, but we are finally doing what every other American
has to do in their households and their businesses, and that’s to begin a
path of living within our means.
“Unlike our Democrat colleagues
whose reaction to reducing spending has been to stoke fear while
offering no credible plan, House Republicans are fully committed to
using every tool at our disposal so that we can boost long-term economic
confidence helping businesses to grow. For years Democrats have
proposed more government spending to create jobs, resulting in the
largest debt and deficits in history while unemployment still remained
too high. Republicans believe in free markets and the ability for small
businesses and entrepreneurs to keep more of their own money so they can
invest, grow their companies and hire employees. This is the
difference, and will be clearly evident next week and in the months
ahead.
“The Continuing Resolution is just a start, and we have
much more work to do to change our country’s fiscal path and create
jobs, and you will see that start to take shape in the budget that
Chairman Paul Ryan is putting together. Finally, the work that Chairman
Rogers and his Appropriations Committee have done over the last three
weeks is literally unprecedented and I thank him and his staff for their
work.”
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