Cantor Vows to Fight Tax Hikes as GOP Plans for New ‘Contract With America’
- Posted on September 20, 2010 at 3:28pm by
Jonathon M. Seidl
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In an op-ed in today’s Wall Street Journal, Eric Cantor (R-VA) made it clear that there is no room for compromise when it comes to extending the Bush-era tax cuts — a sharp tone as Republicans are poised to reveal a new “Contract with America” on Thursday.
“Republicans unequivocally oppose any impending tax increase,” he wrote, and explained the reasons why.
The first reason, he says, “concerns the pain that tax increases threaten to inflict on our economy over the short term.“ The second is ”to stop the slide under our current leadership towards becoming a stagnant European-style welfare state with limited individual opportunity and entrepreneurship.”
In contrast to the billions spent in stimulus money, Cantor frames the current tax debate as a fight for a “real stimulus,” and the cost of losing the battle is too high:
The reality is that this tax hike is just one more step along the way to creating an anticompetitive new norm in this country marked by bigger government, less growth and structurally higher taxes and unemployment. The strategy to achieve the progressive left’s endgame is simple. First comes the provocative class warfare rhetoric. Second comes the vast assumption of government control over the economy. Third comes the growth of government spending and entitlements. And alas, higher taxes on our nation’s job creators and workers.
But Cantor’s position seems contradictory to the one taken by Rep. John Boehner, who many believe will be the new Speaker of the House. Last week, Boehner conveyed a possible compromise when he said he would vote to extend tax cuts just for the middle class if that was his only choice.
Appearing to address the issue at least tangentially, Cantor writes that letting the tax cuts expire will not just affect “millionaires and billionaires”: “Roughly half of all small business income in America will face a higher rate, making this tax increase a direct assault on job creation and innovation.”
A united front is as important as ever for the GOP heading into mid-term elections this fall. Signaling a desire to portray such an image, the GOP announced today that it will unveil its new “Contract with America” on Thursday. The new contract, like the one in 1994, will show what the Republicans plan to do should they win back the House this fall.
According to The Hill, Republican candidates won’t sign the new governing document as GOP candidates did in a highly-publicized event in 1994. Still, the contract will provide the party with action items they can present to voters as they campaign ahead of the November elections.
“This is a government document,” Rep. Kevin McCarthy (R-CA), who’s helping draft the contract, told The Hill last week. “We’re writing these bills now. Candidates are out campaigning. This is about legislation — doing it right now.”
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Comments (74)
Time_To_Stand
Posted on September 20, 2010 at 4:42pmWords, Words, and more Words
Words are easy to string together.
Action, Action, Action
Action is what we need; we will accept nothing less.
Action speaks louder then words!
You can regain our trust if you try putting your words into action. Go back to your Republican roots and place the interest of America above all else. (simple as that?)
THE FOUR BASIC PRINCIPLES OF THE REPUBLICAN PARTY
Report Post »(The Party For All The People)
1. Protect the rights of the individual.
2. Protect the free enterprise system.
3. Reduce government to the lowest practical level.
4. Endorse and practice fiscal responsibility.
RightPolitically
Posted on September 20, 2010 at 6:23pmWow, AWESOME!
Report Post »wmg
Posted on September 20, 2010 at 11:05pmI have some words Time,
!) I have no children as an “individual” and I don’t want to. I want to pay nothing towards public schools nor any roadway I don’t traverse.
2) I believe in the strict adherence to Adam Smith’s principles. No trade corroboration therefor no Chamber of Commerce or others.
3) Okay, no medicare, medicaid, welfare, highway system, unemployment, FEMA, school subsidies etc. We are all on our own forever…….period!!!
4)If your family falls on hard times, good day. Besides I’m exercising my 2nt amendment rights.
Your world is a cruel world not felt thru and I have some pity.
Report Post »jcatlanta
Posted on September 20, 2010 at 4:39pmIf they won’t sign it, it tells me they don’t really want to be pinned down. Hey BQI!
Report Post »freebornson
Posted on September 20, 2010 at 4:34pmlets review facts on this one. Holding the line on the Bush tax cuts only keeps taxes at current levels for everyone. THIS IS NOT A TAX CUT. Some people don’t even understand this simple fact. It is more expedient for these partisans to say this is Republicans helping the rich.
Report Post »The real debate is who do we trust with our tax money? Obama and his free spending economic advisors merrily mortgaging our future? Rino Republicans like Cantor who say one thing to get elected than cooperate with liberals when it is convenient for them? How about leaving the money with the small and large businesses that actually hire people? Is there anyone in their right mind who believes the trillion dollars we spent on pork and political kickbacks would not have created more jobs in the private sector if we gave tax breaks and incentives to businesses so they hire more people? Unemployment is currently around 9.5 % and higher if you count under employed (me) or those who stopped looking for work. The reason Obama and his Czars demonize big business is that they don’t want us to focus on the most wasteful and greedy destroyer of jobs and wealth…the federal government.
Time_To_Stand
Posted on September 20, 2010 at 4:44pmRight on!!
Report Post »Independent Tess
Posted on September 20, 2010 at 5:54pmGovernment used $11 million to create a little over 50 average salaried jobs in CA. That’s $2 million per worker. This is not an efficient use of money, nor is it an isolated incident.. Why didn’t they just give each one $1 million, and saved the rest? Or invested it in small businesses so they could hire workers? Our current economic policies appear to be designed to fail.
Report Post »megansmom
Posted on September 20, 2010 at 6:02pmYes there are people out there who are a lot more trust worthy and would be a lot better leaders if the press and other news media wouldn’t shut them out. And people also need to go online and actually do some homework .
Report Post »Personally the libertarian party is my choice of a solution.They seem really radical but think about how much money could be cut from the government budget if we got the government out of business, out of our pockets and made people responsible for there own lives , told the rest of the world the money train has shut down ,and ran the country according to law.
If the two main parties had some real concerns over a third oh what a wonderful change that would be. Just remember if you think it can’t be done that Abe Lincoln was the first president from a little known third political party called the Republican Party.
BQI
Posted on September 20, 2010 at 4:17pmI do not understand why the candidates won’t sign the contract. I want to see a clear commitment, period!!
Black Conservative Blog http://www.blackquillandink.com
Report Post »Jackson
Posted on September 20, 2010 at 4:17pmSorry, but the bar still isn’t high enough for me! Cutting taxes is a good start. Just like Regan did. I’m still looking for Coolidge though. What spending cuts will they make to offset lower tax and promote prosperity?
Report Post »CoFX
Posted on September 20, 2010 at 4:09pmDefinitely looking forward to seeing the new contract. Let’s have some real debate about core issues and see where each side lies (no pun intended) on each issue. So tired of personal attacks during election season, or what someone said or did 20 years ago in thier private lives. The only thing that matters to me is where they stand on the issues, and that they follow through with thier word when they make promises. Get this thing together, make those who agree sign it, and enact it! This should be work like an actual contract would – if you sign and don’t live up to what you have promised, your seat should be repo’d.
Report Post »Contrarianthinker
Posted on September 20, 2010 at 6:22pmI hope we do have intelligent and respectful dialogue on the Contract. If NOT here. where can we do it?
Report Post »baldwin4freedom
Posted on September 20, 2010 at 11:32pmIt is not going to matter who We elect into office if WE do not start coming up with REAL ideas for fixing our problems.
As long as We The People are not willing to accept cuts in the budgets that affect us, nothing is going to change.
1. Those on medicare that can afford to not use it must stop using it.
2. Those on social security that can afford to not use it must stop accepting it.
3. Those on welfare must get to work or get support from their families.
4. We must be willing to accept roads that are run down, fewer street lights and bike paths.
5. Those that work for the government must start walking away from their jobs.
6. We must be willing to live without an expanding security system that threatens our libertys.
If We The People are not willing to do these things, and these are just a few examples, our new representatives are not going to put their heads on a chopping block.
How far are We willing to go when it will directly affect us?
Report Post »bulldawg
Posted on September 20, 2010 at 4:04pmMy Patriot friends stay awake because these next 45 days is going to be crucial, these organizations are going to try anything, and I mean anything to keep the DINO‘s and RINO’s in place. The storm is on the horizon and it is brewing fast, stay vigilant.
Report Post »AmericanMutt
Posted on September 20, 2010 at 4:02pmI live in Virginia, and so far I’ve been pleased with Cantor.
That said, he and ALL of the R’s – the new ones that will be coming in after the mid-terms, for sure, but the Old Guard, career politicians in particular, better get it through their thick DC skulls that WE, the People, have LOANED them their “power”, for the sole purpose of representing US (and not the special interests, their personal agendas or the big-money lobbyists) – and WE, the People, will take it away, should they fail us!
The mid-terms are just our first step in what will be a lengthy process of culling the DC herd and beginning the arduous task of restoring America and those principals upon which She was founded.
We have to be in this for the long haul, Brothers and Sisters – and we have to teach the next generation about how this decline of America happened, and how to keep it from ever happening again; and we have to keep pressing the issues and fighting the good fight, and instill the same in our sons and daughters!
I love America, and I pledge my life, my fortune and my sacred honor to defend and restore her. I hope you are with me!
(And, hang on – it’s going to one heck of a ride!!)
Report Post »AmericanMutt
Posted on September 20, 2010 at 4:17pm(Before you flame me, understand that I specifically used “pleased” to denote a minimal appreciation of him; I am not happy with his TARP/bailout positions. On a similar note, I’m not quite ready to give Scott Brown the boot, either. Both of them – and numerous other “young guns” – just better understand that the clock IS ticking for them. If they continue to bow to pressure from from the “Old Guard”, or allow themselves to get sucked into the RINO muck, they are history…)
Report Post »jcatlanta
Posted on September 20, 2010 at 4:35pmJust as TOMCAT11767 said above, Cantor voted for Tarp HR 384 on Jan 15, 2009. For me thats enough to not vote for them again. I’ve had a funny feeling about him for some time and this, to me, is confirmation. I don’t want a convert to smaller government and less spending. If they can be a convert one way they can be a convert going back the other way. I’m DONE with Cantor too. I will not support him. Be careful with this one.
Report Post »kiwi1
Posted on September 20, 2010 at 3:58pmThe Conservatives just need to take over the Republican Party the way the Communists have taken over the Democrat party.
Report Post »emertz8413
Posted on September 20, 2010 at 3:58pmFireworks? – I hope so!
Report Post »Sam
Posted on September 20, 2010 at 3:54pmIt’s about time. This is what the GOP should have done months ago.
Report Post »Waiting4George
Posted on September 20, 2010 at 3:54pmThere once was a young gun named Cantor,
Report Post »Who took up the Republican banner.
“We’ll cut your tax,
Although we’re still lax
In purging our RINO scammers”
tomcat11767
Posted on September 20, 2010 at 3:52pmCantor happens to be my representative. I will NOT forget how he stood behind Boehner at all of the press conferences concerning the first TARP debate. He made sure he was standing in the camera shot while Boehner spoke againt the principle of bailing out companies that are too big to fail. Then, Cantor voted for the bailout, and said his only objection was that the Republicans weren’t consulted by the Democrats that crafted that disaster. NOW, Cantor claims he has seen the light. I can only hope the light he now sees is coming from the exit sign at the door he should be shown! He’s a dishonest fake that has now found his principles when it has become politically expedient for him.
Report Post »hanovertea
Posted on September 20, 2010 at 4:09pmAgree, Cantor, also my rep. is a RINO wannabe…
Report Post »jcatlanta
Posted on September 20, 2010 at 4:12pmI have heard things he has said, but I have had a funny feeling about him for a long time. I didn’t know his history. I just don’t trust any politician anymore. They have to prove with their actions for a long period of time before I trust them.
Report Post »usualsuspect
Posted on September 20, 2010 at 3:51pmHold Fast were in for a rough storm
Report Post »dkspiers
Posted on September 20, 2010 at 3:51pmAtaboy Eric… but remember, if you don’t keep this promise, you WILL BE FIRED
Report Post »V-Forge
Posted on September 20, 2010 at 4:08pmFired? Funny.. from where I sit it looks like i may not have to worry about that tedious voting thing next election if we lose this fight. we lose this one and it becomes the unspeakable hell we all would like to avoid. I personally have been served enough cake.
Report Post »jcatlanta
Posted on September 20, 2010 at 3:51pmThis really bothers me: Republican candidates won’t sign the new governing document as GOP candidates did in a highly-publicized event in 1994.
Report Post »I can think of absolutely NO reason they would not put their name to it unless the leadership refuses to so they can’t be pinned down. I think we HAVE to call them on this and ask of those running if they would sign it so they go on record. If this stands, then we need to be careful to watch print and video and keep an accurate record of which rep’s say they will support it.
Fellowservant
Posted on September 20, 2010 at 6:18pmI completely agree… What’s up with NOT signing the contract?… “This is what we want to do… This is what we hope to do… But let’s not put our names to it…?” What kind of wishy-washy contract is this? This is embarrassing, don’t even make such a contract if your only going to plan on breaking it later…
Report Post »Marylou7
Posted on September 20, 2010 at 3:46pm:D this makes me so happy.
Report Post »Contrarianthinker
Posted on September 20, 2010 at 3:46pmThe new Contract with America will mean ZERO UNLESS in it is a promise to step down voluntarily IF the other promises aren’t kept.
Report Post »jcatlanta
Posted on September 20, 2010 at 3:52pmI totally agree. Iask why they won’t sign if they truly intend on keeping this promise.
Report Post »MrButcher
Posted on September 20, 2010 at 6:12pmcheers.
Report Post »Joseph
Posted on September 20, 2010 at 3:45pmThe GOP is in a death throw…They are too tied to their agenda, and not listening to the people. Time for the good Republicans to start a new party.
Report Post »Joseph
Posted on September 20, 2010 at 3:50pmAnd I got the perfect name for this new political party, “The Mr. Smith Party”
Report Post »V-Forge
Posted on September 20, 2010 at 3:50pmI see a movement that will wash the old away and put good conservative people in office. The republican party is conservative and I expect to see the moderate trash put to the curb in november.
Report Post »pantcor66
Posted on September 20, 2010 at 3:53pmHere we go Conservatives…
Report Post »Here’s our first “whine” by the libs on this topic..
Hey Joseph, we knew you libs were coming here to pitch unintellectual crap…but man…that was fast…Better shut off your computer and head up out of the basement now. I think I hear your mother calling you for supper..
Joseph
Posted on September 20, 2010 at 4:05pmSorry pantcor66,
Not a Moonbat, but a Jeffersonian. I guess you haven’t bother to read my past post, but it dosen’t suprise me on your account. Maybe you should ask someone where they stand rather than expose yourself as what you hate…So should we consider you pantcor66 as a Republican Moonbat? I’m asking. I’m not happy with either party, and I would like to see all the dedicated reps from all parties come together to have the firm resolve in defending the Constitution and sincerly representing the people. I guess in your eyes that makes me a liberal crier…In that case,…Glenn must be one also…God bless you pantcor66
Report Post »pantcor66
Posted on September 20, 2010 at 4:24pmJoseph:
Report Post »1. I am so sorry! I’m not being sarcastica here.. I was reading two different blog sites and inadvertently used my caustic thought for the other and attached it to you here. I apologize. Once I posted, I saw what I had done and couldn’t pull the post. Dah on me!!!
2. I agree with you “somewhat”.. I’m with you up until the “third” party solution which isn’t one in my opinion. We just need to keep going with the GOP and start replacing othe RHINO’s and “moderates” with REAL conservatives like Cantor, Ryan, Palin, Pence, Huckabee, and Daniels types.
3. Again, I apologize for doing the old “Ready-Shoot-Aim….Shoulda been Ready -Aim-Shoot..
Joseph
Posted on September 20, 2010 at 4:56pmpantcor66,
Thank you, I accept your appology. Yet may I point out that it has been our history to have third parties. They have uually sprange up during times like these, and contained members from both sides of the 2 parties in power. These former parties are dinasaures, but not forgotton. From the Federalist Party (c. 1789 – c. 1820) to the Christian Freedom Party (2004) I’m not great in history, but I do not set my standards in sentiment either. Just common sense. One of the reasons for new parties was to purge the decisivness of the Lobbyist, our real enimies, thats why I’m a Jeffersonian. Let the little man, farmer, the little industrialist, innovators, craftsman, and worker have the voice in the matters of government. These are the people that have really built our nation, yet they are a dying bread also due to regulation and dominion over their talents and abbilities. Let Freedom ring!
Report Post »V-Forge
Posted on September 20, 2010 at 3:40pmwe will warn you now republicans. This is not a contract. it is a blood oath. our trust will not be betrayed again. This time you might sacrifice the country over a fight for incumbents. Stop what is happening and stand true to the values of those that give that trust or a price will be paid.
Report Post »pantcor66
Posted on September 20, 2010 at 3:43pmWell said, my friend……We will NOT me McCained/Doled/or 43′d AGAIN. Most of us were already watching….but now the WHOLE country is watching!! Stand tough!
Report Post »pantcor66
Posted on September 20, 2010 at 3:47pmV-Forge: Forgot to add – We want to see signatures on the contract of EVERY Republican that agrees with the contract so we can decide “how” to vote…….Sign em up!!
Report Post »bulldawg
Posted on September 20, 2010 at 3:55pmV-FORGE you said it well, this is a blood oath, We the People must hold these people to the fire just like we have the DINO‘s and RINO’s who are about to join the other 15 million people without jobs. I am in the process of starting a new web site to get ready for the 2012 elections and anyone who hasn’t gotten the message in 2010 your butt is history in 2012.
Report Post »Nemesis
Posted on September 20, 2010 at 4:47pmI agree the time of corrupt politicians and the socialist agenda must be brought to an end one way or the other. If this upcoming election doesn’t put us in the right direction I fear that we will see more than just sign waiving from concerned Americans. Let’s pray that the politicians realize that they have pushed us too far and the pot is starting to boil. America must be returned to greatness and the government and unions need to get out of our way!
Report Post »pantcor66
Posted on September 20, 2010 at 3:38pmIt’s about time Republicans! Get with the program! Get an “easily understood”, BOLD, specific 15-20 point plan in the street for ALL to see ASAP!. Your plan should be the national discussion…
Report Post »ie: Don’t just say “repeal Obamacare”… Say, “Repeal Obamacare and replace it with: across state purchasing to increase completition, health plan “pooling” for small businesses, tort reform for medical lawsuits..you get the picture.
Conservative plan should be – we area stopping or repealing XXXXXX and putting in its place YYYYY..
V-Forge
Posted on September 20, 2010 at 3:43pmRight. Bold and specific. Be proud of those values.
Report Post »plunderpower
Posted on September 20, 2010 at 6:46pmObama will take credit for any GOP plans publicized individually, if he can spin them or borrow from them. The entire platform has to be fully worked out, agree on, and publicized as being wholly GOP owned first. Right now, they are having to put fires out until they can tell us everything. Hang in there. They know fully well that We the People mean business and if they are RINO’s they are gone.
Report Post »Marylou7
Posted on September 20, 2010 at 3:38pmYeah………. Go get em boys and girls………Gotta love these young republicans, they get it.
Report Post »jmb847
Posted on September 20, 2010 at 3:37pmSorry to say I don’t think the GOP gets it yet. Why is it taking so long for them to get this out and why don’t individual members have the guts to sign on like they did in 94.
Report Post »Marylou7
Posted on September 20, 2010 at 3:40pmWe can still hold them accountable….and I plan to do so. If I have to call and/or write them every single day, then that‘s what I’ll do.
Report Post »V-Forge
Posted on September 20, 2010 at 3:46pmGood point. It has taken too long. Political posturing by moderates will tear it apart if we are not careful No more compromises. Republicans need to start acting like winners not whiners.
Report Post »VegasGuy
Posted on September 20, 2010 at 5:03pmWhile I agree it has taken them far too long to get in sync with the conservative movement, I’m willing to give the one more chance with one BIG difference: I want to see the new Contract With America include a provision requiring anyone who breaks the contract will voluntarily tender his resignation.
I am sick and tired of broken promises and “read my lips” moments. Furthermore, if they do not resign, we should hunt them down with pitchforks and torches (metaphorically speaking) until they scream for mercy.
Report Post »eboyd
Posted on September 20, 2010 at 6:56pmThe GOP have had ideas on every destructive bill past but the Demorats (not missprelled) always says that they have no ideas. Have you been drinking the koolaid too long and it plugged up your ears? A new Contract will put all the GOP ideas together and out in the media. I believe that there are medicines you can take to clear up the obstructions in your ears. Maybe clearing your ears will help with the mind fuzz.
Report Post »LIGHTER1
Posted on September 20, 2010 at 7:40pmWe do not need politicians! We need leaders! Those who will be “LIGHTERS” to light the way and lead the nation back to the founding priciples. LIGHTERS is an acronym-: L- LAW{regulations; I- Individual Rights; G- Governance; H- Health Care; T- Tort Reform; E- Environment; R- Republic; S- Soial Security telling what they are going to do for the people in each category. And those who want our support will sign this and adhere to these.
Report Post »Rock Knutne ND
Posted on September 20, 2010 at 3:35pmHey wait a second…
I thought Pelosi, Reid and Obama said they HAD no ideas.
WTF?
Report Post »Ga. Tea Party
Posted on September 20, 2010 at 7:56pmWTF, are you 13 years old or just vulgar. We don’t play that. Correct me if I’am wrong.
Report Post »v.o.t.e.
Posted on September 20, 2010 at 3:32pmatta boy–
Report Post »SheriS
Posted on September 20, 2010 at 6:04pmPeople like Rep. Cantor make me proud to be a Virginian. With two of the worst Senators in my lifetime, Webb and Warner, thank you God for giving us Eric Cantor! The two progressives are the two worst in my lifetime and I’ve lived in four different states, two of which were liberal states. Webb and Warner are the best examples of none would be better then these two!
Report Post »