Cantor Admits Shutdown Fights Harm Economy

House Minority Whip Eric Cantor (R-VA) with GOP leaders
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Here’s a rare admission from a top Republican, given how things have unfolded on Capitol Hill all year. It comes from House Majority Leader Eric Cantor (R-VA), in response to a question about whether Republicans will push for deeper spending cuts later this month when Congress has to extend funding for federal programs.

“I think the risk of bringing back brinkmanship or another potential shutdown is not something right now that we need, is not something that would be helpful to create jobs and regain confidence, which is why I’ve taken the position that I have,” Cantor said.

Here’s a brief primer on his position. It’s worth noting that the country’s economic situation was similarly poor in April and July when Republicans forced long fights over, respectively, a six month government funding bill and raising the debt limit.

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