Politics

GOP leader Eric Cantor opposes compromise on tax cuts

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In another ominous sign of new political gridlock developing in Washington, House Republican leaders Sunday took a hard line on compromising with President Obama on extending tax cuts that are due to expire at the end of the year.

“I really want to see that we can come together and agree upon the notion that Washington doesn’t need more revenues right now,” Rep. Eric Cantor of Virginia, the No. 2 House Republican, said on “Fox News Sunday.”

“And to sit here and say we’re just going to go about halfway, or we’re going to send a signal that it’s going to be uncertain for job creators and investors to put capital to work, that’s exactly what we don’t need right now.”

Full Story: Eric Cantor: GOP leader Eric Cantor opposes compromise on tax cuts – latimes.com

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