House Majority Leader Eric Cantor left open the possibility he might accept President Barack Obama's proposal to extend the U.S. payroll tax cut set to expire at year's end.
"It is something I supported in the past," and "will be part of the discussions ongoing," the Virginia Republican told reporters in Washington today.
Citing voter frustration with the political rancor in Washington, Cantor struck a conciliatory tone, voicing determination to put aside policy differences with Obama and other Democrats and agree on ways to create jobs and find $1.5 trillion worth of budget savings mandated by legislation that raised the government's borrowing authority.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
