Rep. Eric Cantor: Disaster Relief Funds Must Be Offset With Spending Cuts Elsewhere
Republican House Majority Leader Eric Cantor is eager to keep a lid on government spending, but in the aftermath of deadly tornados ripping through Missouri, the need for disaster relief funds will likely grow. The budget-conscious Cantor isn’t prepared to hold back granting such funds, but is warning that it will have to be offset with spending cuts elsewhere.
Cantor stated “if there is support for a supplemental, it would be accompanied by support for having pay-fors to that supplemental.” The term “pay-fors” means either tax increases or spending cuts, and given the fact that the Republican leadership has repeatedly stated they will not support raising taxes, that leaves only the cutting option. And since President Obama has already pledged whatever federal resources are necessary to help the victims in Missouri, it seems another budget battle might be looming sooner than expected.
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