By Michael O'Brien - 06/23/11 05:39 PM EDT
House Majority Leader Eric Cantor's (R-Va.) decision to abandon budget negotiations with Vice President Biden won backing Thursday from former Speaker Newt Gingrich (R-Va.).
Gingrich said on Twitter:
Eric Cantor is exactly right to insist on no tax increases. @EricCantor
Cantor and the rest of the GOP leadership said the talks were abandoned because Democrats in the group insisted on revenue-raising provisions as part of the overall deal. Republicans have flatly rejected those offers, calling them tax hikes. Sen. Jon Kyl (R-Ariz.), the other Republican official in the Biden talks, also walked away.