Gop Whip: Democrats “Overreacting” To Economic Crisis
Eric Cantor, the Virginia Republican GOP whip says the spending going on is an overreaction to the failing economy.
The Virginia Republican, speaking to reporters at the Christian Science Monitor breakfast Thursday morning, praised Rush Limbaugh for his “ideas” and for avoiding the Democratic error of “overreacting, if you will, which this town often does, to crisis.. Rahm Emanuel said, ‘We’re not going to miss the opportunity to take advantage of this crisis because we’re going to do all the things we couldn’t get done before.”
He went on to criticize Treasury Secretary Tim Geithner’s recent statement that the biggest danger was “doing too little” to deal with the meltdown.
“Doing too much has huge, huge pitfalls as well,” he said.
What the Republican plan calls for is a freeze on non-defense spending (not for more bombs, of course), tax cuts for the poor, and permanent tax cuts for the wealthy. Cantor also says the GOP can retake the House in the midterm elections. Good luck with that.Click here for reuse options!
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