Tags: Cantor | Obama | S&P | downgrade

Cantor: Thank Obama for S&P Downgrade

Monday, 22 Aug 2011 12:35 PM

By Newsmax Wires


House Majority Leader Eric Cantor continues to help lead the Republican charge against President Barack Obama’s economic policies. His intransigence on spending cuts helped push Standard & Poor’s to take away the government’s triple-A credit rating earlier this month, Cantor wrote in a Washington Post opinion piece.


“Unfortunately, we have found President Obama to be an unwilling partner when it comes to getting America’s fiscal house in order,” Cantor said.


“Since taking office, he has added trillions to the debt, ignored the recommendations of his own fiscal commission, and put forth a budget that failed to address the drivers of our debt. Then we had to drag him to the table to make even the modest spending cuts that Standard & Poor’s says don’t go far enough.



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