Cantor: We Can’t Raise Taxes ‘Every Three Months’

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House Majority Leader Eric Cantor (R-VA) said Sunday that he does not support bringing in new revenue by closing tax loopholes in order to avoid sequestration, during an appearance on NBC’s “Meet the Press.”

“We can’t be raising taxes every three months in this town,” Cantor said, referring to the tax increases that went into effect in early January.

Cantor added that he doesn’t want the sequester to go into effect and said it’s up to President Obama to make a move now on avoiding it.

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