Economic Recovery 101 with House Republican Whip Eric Cantor

Thursday, March 26, 2009

Transcript

Republican House Majority Leader Eric Cantor (R-Va) has been hitting the media circuit speaking out against the President's economic recovery plans (Brendan Smialowski/Getty Images for Meet the Press)

Congressional Republicans agree that President Obama's budget "spends too much, taxes too much and borrows too much." So, what's the Republican argument for fiscal discipline in these times with this President and Congress? How is the GOP planning to participate in budget negotiations? We had a lot of questions and decided to go straight to the source: The Takeaway talks with Eric Cantor, the Republican representative of Virginia's 7th congressional district, who serves as the House Minority Whip about the Republican view of the President's economic recovery plan.

Read a transcript of the segment

Related:
Education secretary Arne Duncan on how stimulus dollars could help schools
Senator Charles Grassley takes on the stimulus bill
Gov. Jon Corzine on buying into Geithner's toxic asset plan
The Takeaway is investigating the Recovery Act with you at ShovelWatch.org

Copy and paste this code to embed this segment's audio on your blog:

Guests:

Rep. Eric Cantor

Contributors:

Sitara Nieves

Comments [12]

Linda Miles

Bicycling is a mode of transportation that we should be encouraging - not discouraging. It is better for the environment and for the riders. The Dutch commute by bicycle every day in every kind of weather. They have better overall health than the average US citizen who seems to be fighting a never-ending battle with diabetes, high blood pressure, etc. - all of which can be linked to obesity. The creation of bike paths creates jobs, encourages exercise, and on a large scale would help cut down on the traffic congestion in DC - or haven't you been driving in it, Mr. Cantor?

Apr. 01 2009 10:35 PM
David Schmidt

Here in Richmond last week because of limited car parking, there were many more streets added to have designated parking for residents. How many bicycles can fit into one car parking space? In Richmond there is a huge growing of young cyclists that have found what this 53 year old small business owner has known for many years. Bikes are a great mode of transportation. They are fun,healthy, and that GREEN thing.Compare our city to cities like Portland Oregon, and you can see how bike paths and bike racks in Georgetown is a good idea.That is a long term investment.

Mar. 31 2009 10:10 PM
Jennifer Einolf

Perhaps the concern is that urban dwellers stop driving cars and hasten the collapse of our outmoded, lethargic auto industry. Or perhaps the oil lobbies will take exception to being excluded from the stimulus as people seek out other modes of transportation that don't allow fossil fuels companies to control what we pay to we move through our environment. Or the health care industry may be fearful that they will loss out on the pounds of cure that they provide at premium prices when bicyclists adopt their ounces of prevention. These established pillars of our current economy haven't succeeded in keeping pace with the changing demands of a global economy positioned over a dwindling supply of conventional resources. Why should we give so much consideration to their concerns as we construct our future? Perhaps a few well placed bike paths, a bit of teleworking and an atmosphere of innovation will propel us towards solutions we can't even see through the windshields of our cars.

Mar. 27 2009 11:49 AM
Dave Jones

Bike paths, intelligently designed and built, will put people to work; get people to work; reduce our dependence on fossil fuels; reduce our carbon footprint; and reduce our waistlines. The value of those benefits seems to escape the Grouchy OLD Party in general and Rep. Cantor, specifically.

Mar. 27 2009 09:40 AM
Champe Burnley

We will graciously accept $3 million to build bikepaths and place racks in Richmond (Mr. Cantor's district) any day!

Mar. 26 2009 11:35 PM
j. anderson

Mr. Cantor

Bike paths are an innovative future

Bike paths are stimulus, there construction creates jobs, they are green, they cut dependence on foreign oil, they cut the trade deficit, they cut oil consumption, they promote a healthy lifestyle, they cut traffic congestion, they cut air emissions, bike paths are just plain good for the United States of American and its just plain PATRIOTIC!

Mr. Cantor just because for some reason you refuse to ride a bike doesn’t mean millions of Americans don’t want bike paths. When did in your opinion did it become "beneath" Americans to ride bikes?

I invite you to take a ride with me, discuss Virginia,cycling, the world, life, and this country and see from a slower pace how folks in your district live. The only thing you see are folks who pay $1000 to come to your birthday party and the Virginia as it goes by your window at 80 mph as you race to DC...

J.Anderson

Mar. 26 2009 11:05 PM
Peggy Merritt

I can give you several reasons why that is a good way to spend the money. Jobs will be created to build the bike paths. Although they may be temporary jobs, the experience gained there could be used in other surrounding states to build more bike paths. Bicycling is a great way to get in shape and stay healthier. By adopting an active life style, risks for hypertension, diabetes and heart disease can be reduced by losing weight. This would be beneficial to the health insurance crisis. Having a safe, car free bike path would encourage more people to get out and ride a bike instead of driving their car. This would also help save the United States from being so dependent on foreign oil. More people out on bikes would need bike shops to sell and service bikes. Although it may sound trivial to you, bike paths are a good thing.

Mar. 26 2009 05:34 PM
Larry Peaslee

What? My Representative, Eric Cantor, doesn't believe the SMALL BUSINESSES building DC's bike paths and bike racks are worthy recipients of stimulus money? Maybe another ROAD project could help us stay too fat, consume too much gasoline, create too much pollution and would be more in line with the status quo. I think construction workers will be happy to take the new jobs, the environment will benefit and the less congested city streets will benefit automobile commuters. Employers will benefit if their biking and walking workers are healthier. And so on....

Mar. 26 2009 05:04 PM
Allen Muchnick

Rep. Cantor complains about the D.C. Government wanting to spend a mere $3 million of its federal transportation money to facilitate bicycle transportation, but bicycling is a viable and increasingly common transportation mode in vibrant urban communities. Building bike paths and manufacturing and installing bike racks creates more jobs per dollar spent than highway construction, and people bicycling to work or shopping can stimulate local economies at least as effectively as people traveling by car. New bike racks in Georgetown will attract more paying customers to Georgetown merchants on bikes while freeing up Georgetown's limited auto parking capacity for others arriving in autos.

Mar. 26 2009 03:33 PM
John Hopkins

Mr. Cantor makes me blush for my former home city, which I love so well. How'd someone get elected who tries to make bike paths the crash-test dummy of political debate? His real objection appears to be with public works of any kind. I suppose he wouldn't have liked the CCC projects that put bread on so many empty tables during THE Great Depression, and that continue to justify themselves in service to millions of Americans. Nobody building the Blue Ridge Parkway or the many dams and schools in that era thought they'd spend their lives doing it. They just hoped to buy beans and cornmeal until the economy improved.

Mar. 26 2009 02:21 PM
Bill Evans

The Britney Spears question was the best one. It distracted Mr. Cantor from his memorized talking points and insipid bluster. When Mr. Cantor says, “I don’t think it’s helpful to go back and point fingers”, he reveals that he hasn’t learned much from his party’s policy failures. Why not ask Britney Spears the same questions? She could not be less insightful than Mr. Cantor.

Mar. 26 2009 01:45 PM
Leigh Koksal

I am an EX Republican because you guys screwed up so badly in the last eight years, give the new guy a chance. I am an independent because of you guys. Leave this President alone! You guys had your chance and you blew it.

Mar. 26 2009 12:38 PM

Leave a Comment

Email addresses are required but never displayed.