House Majority Leader Eric Cantor (R-Va.) said today that he will be listening to President Obama's State of the Union Address tomorrow night for his proposals on how to handle the U.S. debt and the best way to create U.S. jobs. A post on Cantor's site today said the Republican "cut and grow" plan is better than Obama's "cut and invest" strategy, which expands government, not private sector growth.
"Will the President stick to his philosophy that Washington regulation, mandates, and spending lead to economic growth and job creation, or will he change course?" Cantor's post asked. "Will he acknowledge the results of the recent election and the mistakes of the previous two years and change course or will it be more of the same?"
Cantor and other Republicans over the weekend started casting Democrats' vision of government by saying that "invest" is code for "spending."
The House will reconvene at 2 p.m. today to debate spending, and is expected to hold a vote tomorrow on a resolution limiting spending for the remainder of fiscal year 2011.