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Hypocrisy Alert: Eric Cantor Added $3.4 Trillion to Debt But Blames Obama for His Debt
Eric Cantor lied when he claimed that Obama doesn’t care about the debt on Meet The Press. He also forgot his own votes for wars and programs that increased the debt by $3.4 trillion under Bush.
DAVID GREGORY: These core beliefs, I mean what you’re talking about, as you admitted after your speech, is not really something that’s going to be captured in new legislation. There are core beliefs of the Republican Party that the polls show were rejected by a national electorate that you want to try to recapture some of if you’re going to get to become a national party.
REP. ERIC CANTOR: Not quite sure about legislation. We are going to have follow-up legislation to pretty much everything I spoke of this year. And that’s the point. The point is we’ve got to be talking about helping folks. You know, I’ve got a constituent, she’s 12 years old, her name is Katie. She was diagnosed with cancer at age one. I mean can you imagine? That is a parent’s nightmare, the worst nightmare.
And the federal government’s got a role in research, in basic medical research, trying to find cures for disease. We can work together on something like that. You know, we’ve got so many issues. We know, on the bigger macroeconomic issues, there’s a real disagreement between us and the president. We ought to be making sure we manage down the debt and deficit. He doesn’t share the commitment with us on that.
So okay, we’re going to keep at it on that. But at the same time, you’ve got so many millions of Americans who feel that they have become an afterthought. My purpose in saying this is we have conservative principles that actually can work for their life again. And that’s what we’re going to be about promoting.
Beneath the kinder gentler rhetoric of the Republican Party are the same old tired lies that they have been pushing since Barack Obama first took office. President Obama has done the exact opposite of not caring about reducing the debt and deficit. Barack Obama has cut federal spending to its lowest level since Eisenhower. The President has signed cuts that will reduce our debt by $2.5 trillion, and as far as the deficit goes, it has been shrinking every year under Obama.
Here is the chart from The Rachel Maddow Show:
As the chart demonstrates, Eric Cantor was lying. He was completely, totally, and comprehensively not telling the truth. Apparently, instead of lying for the wealthy, Cantor and his fellow Republicans are going to lie to the middle class.
Even worse than Cantor’s lies, is his hypocrisy about the debt. The truth is that Eric Cantor is in part responsible for the nation’s debts and deficit. According to data compiled by Bloomberg News in 2011, Eric Cantor, Paul Ryan and Mitch McConnell voted for, “Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits. They also voted for the Troubled Asset Relief Program. These initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion.”
Republicans claim that the nation can’t afford Medicare, Social Security, jobs programs, veterans’ benefits, school lunches, an even Meals On Wheels due to the deficit, but it was Eric Cantor who helped run up the debt in the last decade. Apparently, the Republican Party isn’t the only thing that Eric Cantor is reinventing. The Majority Leader is also re-imagining his voting record, and his own role in running up the national debt.
The numbers show that while Republicans pretend, the real deficit cutter is residing at 1600 Pennsylvania Ave.