U.S. and Israel’s Economy Could Both Fall Victim to Cantor’s Debt Obstruction
NJDC — July 14, 2011 – 5:14 pm | Barack Obama | Congress | Economy | Israel | Republicans Comments (6) Add a commentHouse Majority Leader Eric Cantor (R-VA) has finally gone too far. While President Barack Obama has repeatedly offered compromises in the ongoing debt ceiling negotiations, and Senate GOP leader Sen. Mitch McConnell has even tried to promote solutions, Cantor has done nothing but throw down dangerous roadblocks.
Cantor is one of the principal obstacles preventing an agreement on raising the debt ceiling between President Obama and the rest of the congressional Republican leadership.
Cantor is holding up a deal because he is protecting tax breaks for millionaires and corporations. He would rather play political games instead of working to ensure that seniors and others dependent on U.S. government funds receive assistance. And unfortunately, we’re now learning that even Israel’s economy will be impacted as a result; read on for more.
As if Cantor’s obstruction wasn’t enough, he is now fabricating stories about the negotiations being held between Obama, Senate Majority Leader Harry Reid (D-NV), House Speaker John Boehner (R-OH), Senator Mitch McConnell (R-KY) and House Minority Leader Nancy Pelosi (D-CA). As the highest ranking Jewish member in Congress, Cantor should know that his antics do not reflect the values of most American Jews.
Quite simply, failure to reach a debt ceiling deal because of Cantor’s actions will impact every American, in addition to taking a disproportionate toll on seniors and the poor. Furthermore, as Moody’s reported yesterday, failure to raise the debt ceiling will likely impact bonds issued by Israel that are guaranteed by the United States government.
Cantor cannot continue to get away with his risky antics. Click here to contact Cantor and tell him to quit playing games with the future of America’s seniors, along with America’s and Israel’s respective financial futures.
Comments
I work at Walmart and have done so now for almost three months. Before that, I tutored whenever I could, and from 2008-2011, I was on unemployment and food stamps except for seasonal, part time jobs. Because of Obama’s Stimulus Package, Walmart hired me. They received a huge tax break for hiring me because under The Obama-Pelosi Stimulus Package, businesses receive tax breaks for hiring people who have been unemployed, and have run out of unemployment, and have been on food stamps. I am not saying it is a great job. However, what I am saying is that it is depressing to wake up everyday with nowhere to be and nothing that I have to do. Thank you President Obama and Ms. Pelosi for helping me get a job.
Stop carrying water for the wealthy; your actions reflect poorly on the entire Jewish community. The way a society treats its young and old is a good indication of its particular values; and your apparent values insult Jews overall; and as a Jew myself, you demean us all
Cantor’s entire approach is apparently self-serving and not in the best interests of USA. Shame on him!
It is shameflul that Rep.
Ir is shameful that Rep. Cantor is demeaning the Jewish values of over 5000 years.
Please don’t confuse mindless, cliched obstructionism with leadership. Cantor reminds me of the dumb kid in the school yard, who supports the bullies even if other kids (including his own friends) are hurt.
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Stop playing games with the future of Social Security, which jeopardizes some of the most vulnerable Americans. I do not support the aims of the Tea Party, and I do not want the economic future of America damaged by political gameplaying.