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October 28, 2011 | By Kathleen Hennessey
House Majority Leader Eric Cantor called for a “Steve Jobs plan” on Friday in an economic speech outlining the Virginia Republican's views on upward mobility and economic opportunity in the U.S. “In a Steve Jobs plan, no American -- regardless of their current condition -- believes that they are unable to rise up. And in a Steve Jobs plan, we don't believe that those who succeed somehow take away from those still working their way up the...
October 21, 2011 | By Kathleen Hennessey
House Majority LeaderEric Cantor has canceled a speech at the University of Pennsylvania out of concern that protesters would fill the seats. Cantor was scheduled to speak on income inequity at a lecture hosted by the Wharton business school. The Virginia Republican's office said he called off the speech after learning that protesters planned to rally outside and attendance would not be limited to students and others affiliated with the school. “The Office of the Majority Leader was informed last night by Capitol Police that the University of Pennsylvania was unable to ensure that the attendance policy previously agreed to could be met,” said spokesman Brad Dayspring.
October 11, 2011 | By Kathleen Hennessey, Washington Bureau
House Majority Leader Eric Cantor is trying to walk back his criticism of the Occupy Wall Street protesters just days after the Virginia Republican characterized them as "mobs. " At a news conference with reporters on Tuesday, Cantor went for a more empathetic approach, saying he understood why there was unrest. “People are upset, and they are justifiably frustrated. They're out of work. The economy is not moving. Their sense of security for the future is not clear at all. People are afraid, and I get it,” he said.
October 5, 2011 | By Tom Hamburger, Washington Bureau
A senior advisor to House Majority Leader Eric Cantor is leaving his federal post to open a "super PAC" that can raise unlimited amounts from individuals and corporations to back conservative Republican candidates and causes. The move by John Murray, who served as Cantor's deputy chief of staff, is another indication that congressional leaders are looking to raise fund through super PACs, new, technically independent political organizations that were spawned as a result of a controversial Supreme Court decision in 2010.
October 3, 2011 | By Lisa Mascaro, Washington Bureau
Even after he called for comity, House Majority Leader Eric Cantor couldn't help but take a swipe at President Obama's characterization of America as having gone "soft" in recent years when it comes to being on the cutting edge of global innovation and economic competition. Obama's comments came last week during an interview on WESH-TV , the NBC affiliate in Orlando, Fla., as he made the case for investment in science and infrastructure, and revamping the education system to enable young people to better compete in the fast-changing global environment.
September 12, 2011 | By Lisa Mascaro
House Majority Leader Eric Cantor (R-Va.) said a possible GOP upset in Tuesday's special election for a House seat in New York would be an “unprecedented win” and more evidence of voter dissatisfaction with the direction of the country under President Obama. “Certainly attitude and approval ratings of the president have a lot to do with” it, Cantor told reporters in the Capitol. “People are very unhappy with the economy right now.” The House now has a wide Republican majority, but picking up the longtime Democratic seat in New York's 9th District would be a further loss for Democrats as both parties struggle with dismal voter approval ratings heading into next year's election.
September 8, 2011 | By Kathleen Hennessey
House Majority Leader Eric Cantor seems to be warming to one likely element of President Obama's job proposal. The Virginia Republican suggested Thursday, hours before Obama was due to outline the plan, that Republicans might be willing to accept an extension of the payroll tax cut. "It's not the best way to create incentives for a small business to create a job, but it does provide tax relief for people," Cantor told reporters at a lunch hosted...
September 7, 2011 | By Nathaniel Popper, Los Angeles Times
Three weeks after the Sept. 11, 2001, terrorist attacks, workers in the Los Angeles office of Cantor Fitzgerald flew to New York to attend the memorial for Cantor employees who had died in the firm's offices near the top of One World Trade Center. Chairman and Chief Executive Howard Lutnick, whose own brother and best friends were among 658 Cantor employees killed, girded himself for another loss. He was convinced that the L.A. employees had come to tell him they were leaving for a less broken firm.
August 31, 2011
The federal government's approach to emergency relief has long been to open its checkbook and pay whatever it took to get communities back on their feet. Agencies had budgets for disaster response, but nature defied prediction; overruns were the rule, not the exception. After Hurricane Irene flooded large swathes of the Northeast, however, House Majority Leader Eric Cantor (R-Va.) declared that the era of the open checkbook was over. Instead of borrowing from the future to pay for repairs, Cantor said, Congress must offset any new relief spending with cuts in other programs.
August 29, 2011 | By Michael A. Memoli
As FEMA's budget is under new strain in the aftermath of Hurricane Irene, a top House Republican maintained that any new funds allocated for federal disaster relief must be offset by budget cuts elsewhere. Speaking on Fox News Channel, House Majority Leader Eric Cantor said a natural disaster like Hurricane Irene is an "appropriate instance" for a federal role, but that the government can't go deeper into debt to pay for unexpected outlays. "We will find the money if there is a need for additional monies," he said.
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