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Cantor: We'll Find the Money to Deal With Irene

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    House majority leader weighs in on emergency funding from federal government

  • Duration 9:50
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-- and -- really care cancer reveals today his list of what He believes -- the top ten things regulations out there that are killing.

Business and destroying job creation in the United States of America but this morning folks.

The focus is also here in the state of Virginia where a lot of residents are waking up to flooding.

Storm damage to their wondering where the help is gonna come from to get it all fixed up and will that help.

Coming apart from the federal government how much responsibility does the federal government have especially given that we are fourteen point six trillion dollars in -- in this nation already.

Big questions that are on the table this morning glad anatomy joined by averaging a Republican and house.

Eric Cantor welcome good morning sir good to have you.

Martha good morning good to be here.

You know while we watch this incredible hurricane throughout the course of this weekend wreak Havoc on so many states from North Carolina.

To your home state in Virginia which were looking at pictures of right now.

All the way up to Vermont.

And throughout the course of that weekend we heard from the governor of almost every one of those states and the underlying message in asking is that they're gonna be needing emergency funds for the federal government.

If what do you think about that given our state of affairs right now.

-- well you know that -- no question that the people of the commonwealth of Virginia have been to an awful lot of last week as you were called the epicenter of that.

Earthquake.

Was actually in central Virginia -- my district.

With some significant damage in certain areas from that and the right on the heels of that we had hurricane Irene.

This is a time in an appropriate instance where there's a federal government role.

And the governor of today is out.

Surveying the damage especially in a low lying areas in the Hampton roads area of the state.

And we will find the money if there is a need for additional monies.

But where we are -- -- -- is those monies are not limited.

And what we've always said is we've offset that which -- already been funded and in fact the house representatives.

Passed a bill.

Already and his senate over to the senate in which there is so over a billion dollars.

In disaster relief money.

That is paid for and in fact we said this is a priority and will find other places.

To save so that we can find this kind of role that the federal government -- supplies but the senate has -- -- so hopefully the senate will come back to Washington and pass that bill.

-- but obviously.

You know given your background and everything you've said you believe that any federal money that comes out.

For hurricane Irene that needs to be -- dollar for dollar with spending cuts is that right.

Well again -- the house is already acted is already funded over a billion dollars for this on disaster relief money.

That money has been offs.

-- savings elsewhere.

Again just like any Stanley -- would operate when it struck with disaster.

It finds the money it needs to take care of -- sick loved one or what have you and then goes without trying to buy new car or put in -- -- of the house.

I mean that's -- kind of situation we're finding ourselves him.

-- the federal level for sure.

-- -- taxpayers.

You know that they're the ones -- this government unfortunately the government continues to borrow money.

And to spend money it doesn't happen.

As you know over the last seven months we've been trying to address that situation so we can turn the economy around.

But in instances like this yes there's a -- role.

Yes we're gonna find the money.

We're just gonna need to make sure.

That there are savings elsewhere to continue to do so -- -- candidate than Martha the house -- has already acted we've appropriated the monies were waiting for the senate to act.

We've seen out -- -- most of these financial issues in the past and that is that the senate does not act on it.

So what would you -- you know FEMA is very underfunded at this point they really have not replenish their coffers since after Hurricane Katrina.

You know and then the likelihood that that money is gonna come from someplace that -- us deeper into debt I would be pretty -- right.

Well -- -- listen that the president's got to get involved here too the president has already responded to governor McDonnell's request for declaration in the state of emergency in Virginia.

I'm sure many other East Coast states are in the same spot.

But -- the president talking and working with the senate they need to -- and you need to meet the the will of the people in this country as a house is reflected go ahead and of funds.

These disaster relief monies.

If they're needed and that's that's just is as plain and simple as it is people need help out there and there's an appropriate role of the federal government to address that.

All right you know they also need help out there in terms of jobs which is no surprise to you when you come out with a list of what you think.

Because we know that businesses across the country say that regulations are the most onerous part of their ability to do business.

You have a really specific list of ten things that you think are the worst of the worst in terms of these regulations that you put out today tell me about that.

Sure Martha you know we -- the only two crises in this country for sure we know that as a federal debt crises that is has been caused by decades of -- management from a fiscal policy standpoint and other decisions that have been made we have begun to address that over the last half a year.

We also have a very critical jobs and growth crisis.

And what we're looking to do as we return to Washington next week.

Is to focus on how we stop the federal government from making it's so different called.

For small business people to create jobs because -- the end after all it is the middle class that suffering.

The best antidote to troubles economically right now is to make sure that people have enough work.

And that's what this list is having to do with this to make sure that we stop the federal government.

From making it too difficult for people to Begin to grow again.

And whether you're talking about the National Labor Relations Board which is made decisions that stock companies.

From our order begins -- try and stop companies from relocating or expanding in states.

That they so choose to create new jobs or whether it is the EPA yeah which has been on a Rampage.

Making it more difficult for small businesses from manufacturers.

To deal with added cost.

So that they can't create jobs.

Yep I mean this -- -- -- -- when we go to wanna make it much easier for small businesses to grow sorry it congressman let let's put that list up you guys haven't we can get people and get a look at this -- talking about the South Carolina decision.

For Boeing was the first one and then you go list by list very specifically -- a number of EPA regulations and obviously this comes on the heels congressman cantor.

The last week the president tech cast listing came out and basically said that they were cutting regulations they were gonna help take the leash is -- the business in this country.

And they were gonna save the company's ten billion dollars basically and the regulations that they cut.

Not on their list -- any of these EPA regulations and that doesn't really come as a big surprise.

Right.

And this list comes from the small business folks across this country people that I represent in the Richmond area tell me all the time it is too hard.

For me to grow my business I can hardly keep the lights on much less Begin to think about hiring people again.

And we've got to listen to those voices.

Small business people are having trouble accessing capital.

There are having trouble with the added regulations coming and coming in from Washington.

They're having trouble when they hear president wants to raise taxes in a time when we've got 9% unemployment congressman and I just doesn't make sense what are the problems that got it come together and unite behind the notion that we wanna grow.

We want to put in place policies that help small businesses grow that help the middle class -- to regain their confidence that America will but be the place for them.

Man this is to have a way.

I eat eat you know your -- are completely different obviously that what that they've administration came out -- they think's gonna help regulation you can -- is totally different.

And we're gonna get -- jobs number next Friday that is the already anticipated to possibly be a negative.

Number for the first time in quite some time.

So the American people are gonna look to you and they're gonna look to administrations say.

You guys need to stop coming up with completely different listen you need to figure out a way to work together to get some jobs growing in this country what would you say that.

Well listen I I think the administration has sort of you know already demonstrated.

That it is not interested in focusing on private sector growth.

The record has been thus far in his administration.

Of continued expansion of government.

Continued grabs -- trying to tell people.

Who want to go out and invest and create a profit that that maybe they've done so and done enough already and that we need to take that money put it elsewhere.

What our list demonstrates is.

Washington now has gotten in the way and we've got to make it easier finally for small business people to -- And yes a lists are different because frankly there is.

A divide in Washington about what this country should -- very different -- Abbas trying to -- -- the American dream.

That's what small business people entrepreneurs -- all about America that's what we've been so successful.

Because we believe.

That people should have a right to go to -- in their success they should have equal opportunity to do so.

This government can't can for a successful victory on any one.

And that's where our list comes from and -- her -- that we can all come together that this president will join us and filing.

Implement any meaningful regulatory reform program.

Not pay lip service.

Two to us when we say that we are right congress is serious and tried to address these difficult right to Carson can't we thank you very much for being with us today.

When to --

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