Mr. President, I wish to thank the majority leader for that statement. He comes to the floor with the other members of the leadership team to call to the attention of the Nation a statement made yesterday by the majority leader of the House Republicans, Eric Cantor of Virginia. Many people remember, I say to the majority leader, that it was Eric Cantor who was appointed to the deficit task force the President created, chaired by Vice President Joe Biden--a bipartisan effort to try to deal with the deficit--and people will remember there came a moment after several weeks when Mr. Cantor stood up and said: I am leaving. He walked out, literally walked out of this highest level negotiation on deficit reduction. He said: I want no part of it. Well, we have another walkaway. Eric Cantor, the majority leader in the House, has announced we are finished for business this year. There is nothing more we are going to do. We are going to politic and campaign and posture. To him, I guess, that is an important responsibility. To the rest of America it is an abdication of responsibility--an abdication of responsibility. This morning, the Chairman of the Federal Reserve, Ben Bernanke, appeared before the Joint Economic Committee. They wanted to talk to him about what more could be done at the Federal Reserve on monetary policy dealing with interest rates to get the economy moving forward. It is a legitimate policy question. But if Mr.…
On the recordJune 7, 2012
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