Representative Eric Cantor Discusses FEMA Funding and Job Creation After Hurricane Irene

Strategic Insights -

As the aftermath of Hurricane Irene continues to unfold, House Majority Leader Eric Cantor emphasized the need for federal funding to support relief efforts in states hit hardest by the storm. In an interview with Martha MacCallum on Fox News Channel's "America's Newsroom," Cantor highlighted the importance of offsetting disaster relief spending with spending cuts elsewhere in the government. He also discussed his list of 10 regulations he believes are hindering business growth and job creation.

Key Takeaways:

  • The House of Representatives has already passed a bill appropriating over $1 billion in disaster relief money, which has been offset by savings elsewhere in the government.
  • Representative Cantor believes that any federal money allocated for Hurricane Irene relief must be met with dollar-for-dollar spending cuts.
  • The Senate has yet to act on the bill, and Cantor is urging them to pass it and meet the will of the people.
  • Cantor's list of 10 regulations hindering business growth and job creation includes the National Labor Relations Board and the Environmental Protection Agency.
  • The House Majority Leader emphasizes the need to stop the federal government from making it difficult for small businesses to create jobs and stimulate economic growth.

Statistics:

  • The U.S. is $14.6 trillion in debt, according to Representative Cantor.
  • The House of Representatives has already passed a bill appropriating over $1 billion in disaster relief money.
  • This funding has been offset by savings elsewhere in the government.
  • The Senate has yet to act on the bill.

Sources:

  • House Majority Leader Eric Cantor, interview with Martha MacCallum on "America's Newsroom," Fox News Channel, August 29, 2011.
  • Federal News Service, Inc., transcript of interview, August 29, 2011.