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Cantor Hopeful About Debt Ceiling Vote, But No Assurance Of Clean Increase

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AP Photo / J. Scott Applewhite

"What I believe is we can work something out, and I'm hopeful that the President and the Senate will work with us in the House to actually do what has typically been done with debt ceilings, which is making some progress towards addressing the spending problem in Washington, making some progress toward trying to grow the economy around the debt ceiling."

While Cantor stopped short of saying that Republicans would agree to a clean debt limit increase, he assured that some sort of agreement would be reached on time.

"I'm confident there will be no default," he said.

Cantor's comments reflect statements other Republicans like Rep. Paul Ryan (R-WI) and Senate Minority Leader Mitch McConnell (R-KY) have made.