Democratic and Republican sources involved in negotiations reported some progress Friday toward a potential deal averting the "fiscal cliff" ahead of an afternoon summit at the White House between President Barack Obama and congressional leaders.
Treasury Secretary Timothy Geithner on Wednesday notified Congress that the U.S. is going to hit the debt ceiling on New Year's Eve.
We are committed to addressing the spending, said House Majority Leader Eric Cantor, (R-VA) explaining the GOP's alternative plan to address the looming "fiscal cliff." CNBC's John Harwood, weighs in.
President Barack Obama is not ready to accept a new offer from the Republicans to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late on Saturday.
Will Governor Romney take the battleground state of Virginia? Rep. Eric Cantor, (R-VA), weighs in on Romney's economic plan to get Americans back to work.
Congress got back to work this week, but Democrats and Republicans are still far apart on how to address the country’s fiscal problems.
A new book by Bob Woodward mines the details of the largely failed negotiations between House Republicans and the White House to tame the nation’s deficit, The New York Times reports.
Former Secretary of State Condoleezza Rice “brings gravitas” and would be a “qualified” vice presidential candidate, House Majority Leader Eric Cantor said Wednesday on CNBC.
Rep. Eric Cantor (R-VA) provides perspective on the House's decision to repeal Obamacare, and whether it is a "stunt," and shares his opinions on Romney's ability to lead the country.
With the nation awaiting a landmark ruling, House Majority Leader Eric Cantor told CNBC that “we need to repeal” President Barack Obama’s health care reform.
There's clearly a consensus in the House that Obamacare was a mistake and we need to repeal the law, says Rep. Eric Cantor, (R-VA), discussing the pending Supreme Court decision on health care; and addressing the "serious" deficit problem facing the nation and the best way to create jobs.
House Majority Leader Eric Cantor weighed in on his pick for a Republican vice presidential nominee — a fellow Virginian, Gov. Bob McDonnell.
Rep. Eric Cantor (R-VA), says Mitt Romney stands for free markets and pro-growth economics. "This is an election which is a referendum on the President's policies," he tells CNBC's Larry Kudlow.
In anticipation of his proposed tax cut for small businesses being squashed in the Senate, House Majority Leader Eric Cantor says he expects the debate over taxes to be resolved with the presidential election.
Rep. Eric Cantor, (R-VA), discusses how cutting taxes for small business will help boost the U.S. job picture, declaring taxes are one issue that will be resolved through this election.
"Small businesses are the jobs engine of this country", says House leader, Rep. Eric Cantor, (R-VA), discussing a new plan designed to jumpstart the U.S. economy and spur growth for small businesses and entrepreneurs.
The U.S. House and Senate were "very close" to a deal on extending the payroll tax holiday and unemployment benefits when the Senate called off talks and went home, House Majority Leader Eric Cantor told CNBC Wednesday.
The differences between the House and Senate are not huge, says Rep. Eric Cantor, (R-VA). "The Republicans in the House are standing for the working people," he adds.
In a strange and unexpected twist, the Republican leader in the House of Representatives is now blocking progress on a bill that would definitively outlaw insider trading by federal lawmakers.
Raising taxes without fixing the U.S. debt problem is "like throwing good money after bad," House Majority Leader Eric Cantor told CNBC Monday.