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Cantor Statement On PAYGO And Administration, Democrat Spending

Press Release

Date: June 9, 2009
Location: Washington, DC
Issues: Government Budget and Spending

House Republican Whip Eric Cantor (R-VA) today issued the following statement prior to the President's meeting with Speaker Pelosi (D-CA) and other Democrats on PAYGO and federal spending:

"It seems a tad disingenuous for the President and Speaker Pelosi to talk about PAYGO rules after ramming trillions in spending through Congress proposing policies that create more debt in the first six months of this year than in the previous 220 years combined. It's as if the Administration and these Democrat leaders are living in an alternate universe. The quickest way to save money is to stop recklessly spending it. The Administration's sudden focus on PAYGO seems more driven by polling and PR strategy than a serious commitment to fiscal discipline.

"Republicans have thoughtful, focused initiatives. The Administration needs to get serious, and we are - again - willing to meet with the President to work on substantive, focused efforts to revive this economy - because Americans deserve better than what they are getting."


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