Former House Majority Leader Eric CantorEric Ivan CantorBottom line Virginia GOP candidates for governor gear up for convention Cantor: 'Level of craziness' in Washington has increased 'on both sides' MORE (R-Va.) said Monday that a GOP focus on highly politicized issues like ObamaCare and immigration in 2015 would be a “disservice to the American people.”
Cantor, who fell from power this summer after a shocking primary defeat, said Republicans needed to stop playing politics and instead focus on growing the economy if they wanted to keep the White House within reach in 2016.
“Increasingly, American politics (much like the trend in corporate America) is too consumed by short-termism,” Cantor wrote in an op-ed published Monday on CNBC.com.
“Rather than accepting the reality of divided government and focusing on what can be accomplished today to create more long-term growth and opportunity, both sides focus on short-term tactics designed to exacerbate differences in hopes of gaining advantage for the next election — which is always less than two years away,” Cantor wrote.
He added that the deep divide between Obama and the GOP on issues like healthcare, immigration, climate change and tax reform is “well known” and unlikely to thaw.
“It would be a disservice to the American people if the next two years are spent simply relitigating these differences,” Cantor, who is now vice chairman and managing director at the investment bank Moelis and Co., wrote.
He urged Republicans to act quickly on bipartisan policy initiatives like expanding charter schools, signing new trade deals or creating a permanent research and development tax credit. If they don’t, he warned the next race for the White House could be at stake.
“With each passing day the 2016 agenda will be set more by the Republican and Democrat presidential contenders and less by Congressional Republicans or President Obama,” Cantor wrote.
Cantor has only recently returned to the political spotlight after resigning as House majority leader in August. When he tweeted out his op-ed on Monday, it was first tweet since July 31.
The Virginia Republican has not ruled out a future return to politics after his stunning fall from power this summer.