to keep the country in economic uncertainty for at least 3 more months, Eric Cantor (R., Va.) was quoted as saying "this seems the best way to maintain uncertainty in the economy and extend the current slow growth. Quite honestly we haven't devised a new strategy from the one we used going into the Presidential election when our primary goal was to cause a depression in the hopes we would be able to defeat President Obama. This give us three more months to devise a strategy to advance our political goals at the expense of the American Voters."
WASHINGTON (MarketWatch) — House Republicans next week will take up a bill to extend the U.S. debt ceiling by three months, House Majority Leader Eric Cantor said Friday, a move that would push the deadline for raising the borrowing limit to mid-April.
Reuters Rep. Eric Cantor (R., Va.), the House majority leader.
The U.S. is on track to run out of borrowing ability sometime in mid-February or March, according to the Treasury Department, and a three-month bill if passed in the House and Senate would get the country safely past that time.