mr. cantor, republicans often say-- we're hearing it a lot here-- that the president didn't work across the aisle, but when you talk to some democrats they say they think the president tried too hard, and waited too long for republicans to come over in his direction, which they were never going to do. >> well, as one who has had the privilege of not only representing my constituents in and around the richmond area and throughout the seventh district of virginia, as well as serving for majority leader, i can tell you we tried. john boehner, the speaker and i tried continuously, to engage the white house, engage the president, throughout the entire discussioning last year. and, unfortunately, there's just a fundamental disagreement that the president was unwilling to set aside. and i think what people are looking for, at least what i am hearing when i'm traveling in my district and the country, is people want to see the economy improve. they want to see the prospects for themselves, their kids, and have a better future. they want to have some optimism. and i think paul's going to wring that s

mr. cantor, republicans often say-- we're hearing it a lot here-- that the president didn't work across thele, but when you talk to some democrats they say they think the president tried too hard, and waited too long for republicans to come over in his direction, which they were never going to do. >> well, as one who has had the privilege of not only representing my constituents in and around the richmond area and throughout the seventh district of virginia, as well as serving for majority leader, i can tell you we tried. john boehner, the speaker and i tried continuously, to engage the white house, engage the president, throughout the entire discussioning last year. and, unfortunately, there's just a fundamental disagreement that the president was unwilling to set aside. and i think what people are looking for, at least what i am hearing when i'm traveling my district and the country, is people want to see the economy improve. they want to see the prospects for themselves, their kids, and have a better future. they want to have some optimism. and i think paul's going to wring that sunshiny

mr. cantor, mr. cantor said this. "mr. speaker, i will send it back to the gentleman. we do expect and our intention is for your tax to be made into rule. i do not know how many more times we have to say that the speaker has always represented that we are going to work towards an open process." ok. i will be closer to the mike. it is not very loud. >> please, please, please. >> let me welcome the chairman of the ways and means committee year and first say that we are thrilled to have you before the rules committee, and we know you are going through some health challenges now, as you and i spoke about over the weekend, and i know that i speak on behalf of the democrats and republicans and the full house that our thoughts and prayers are with you. mr. levin just began with a request that we would be able to make an order in this committee, and that is a desire for the first time since 1999 when our party was last in the majority to provide waivers, so it has been a longtime cents a substitute on a bill like this has been made, an order providing the necessary waivers for

mr. sheets, this is jim cantore. yeah, jim, did you set up another three-day forecast to three day forecast for andrew? i said yeah, it keeps going the direction it's heading it will go between the outer banks in south florida. because we'll don't ever do that again. i decided for emergency manager from cape hatteras to south florida call me. sorry, sir. i will not do that again. after i hung up the phone is that i think i learned a little something about the tropics. and i learned fact you've got to go with your gut sometimes. sometimes it's wrong, but in retrospect, the storm moves faster and we all know the rest of the story. katrina was severally the worst storm ever went in. with us about information about a place to set up at how high they were above sea level. we lost four vehicles. i eat many wheezes cream cheese on them for two days, slept in the car and fun stuff or beaten the field. but of course i did matter. it was the hardship of seeing people's lives torn from them just like that. the whole mississippi

mr. cantor? >> he has remained completely silent on it. big deal with this. 32 pieces of legislation. in fact he was on that bill 3 that -- you know first introduced the language forcible rape. the unborn child pain awareness act where they tell you how much pain that the abortion is going to cause an unborn fetus, and it's about guilt. they are good at using guilt. and it's crazy that -- you know, that he will not, you know speak to it because he can't run from him. >> stephanie: yeah. yeah. as he said cantor and akin are joined at the hip on the issue. that's what is so unfortunate, i think that didn't get a lot of press the whole forcible rape thing, but now todd akin has put a spotlight on that right? >> oh yeah. but i still don't understand what legitimate rape is? >> stephanie: yeah. >> what is a legitimate rape? is that when you get your rocks it's legitimate. i don't understand it. >> stephanie: yeah. that's what i was saying -- i don't know how that is any less offensive. forcible rape is just as offensive. like the president said

point in here cantor was tarp's head cheer leader in the house, and once again as you were saying mrs. cantorno question. but eric cantor is a great flip flopper. he gets the bills the he wants them. and the stock act when it first came over there was a provision in the bailout that said that the money had to go to individuals and small businesses, you know, to help get the economy cranked up again. he was against that. when it came back the next time he stripped out that portion of it, which allowed the big banks to go ahead and do more mergers and more acquisitions, and now the too big to fail are even too bigger to fail. >> yeah. >> and it's just another case of him selling himself and selling his soul for personal political gain, and it's a shame. and i -- i feel like a baptist preacher sometimes when i get out talking about this i get so passionate and quite frankly outright mad over it. i mean this is america, and we have gotten to the point now where we have a coin operated government and people say why doesn't congress work? just follow the money and you can see why it doesn't work. a

mr. cantor and mr. mccarthy did. think members of congress need to take a chill pill and look at the approval ratings and start representing the american people better. es pshlly when they travel overseas. >> this is why so many people in the united states, only 10% have a favorable image of congress right now. i keep asking myself, who are the 10%? >> the democrats would have done what the republicans have done. and both parties will rally around their side and keep them in congress, but we could use a little more maturity with $16 trillion in national debt. >> guys, thanks very, very much. a train collapse in toronto leaves passengers stranded inside. we'll let you know what's going on. and in maryland, a bus careens out of control and crashes into a house. we'll update you on that story as well. and we'll also tell you very sad news coming out of los angeles, where a legend of comedy has died. [ obama ] i'm barack obama and i approve this message. [ male announcer ] you work hard. stretch every penny. but chances

mr. cantor are refusing to let it come to the floor. view. but if we are going to be held accountable and do our job, we should have that on the floor be given an opportunity to offer amendments, vote up or down and voters know where we stand and they can hold us accountable. >> it comes from an ideological view a foundation the dismantling government is a good thing. >> that's right. >> i think that's essentially it, that the view is that if you get rid of government, then people will have that opportunity to achieve their full potential. you know it sounds kind of nice in a way. but i am a person who thinks that part of personal responsibility is investing yourself in institutions. it might be your local bank your local church. it might be building a law firm, building a local radio station but the point is that those things matter. it's a place that our injuries has to be invested. the second thing is as a tactic we saw in indiana and now in texas, the folks who won the primaries, remarkable stories, give them credit. but the major p

mr. cantor: i thank the speaker, thank the gentleman from michigan. mr. speaker, the choice before us is very clear. the priority for all of us is jobs. and the chose of how to best create an environment to create jobs is, are we going to have taxes go up or not? mr. speaker, the house republicans have put forward solutions to stop the tax hike so we can help create jobs for small businesses and jond. given that economic growth has stalled under president obama's policies, it is downright puzzling that he and our colleagues on the other side of the aisle, would push for raising taxes on working families and small business owners. nearly two years ago, president obama opposed the same small business tax hike he now supports. back then, he acknowledged that raising tacks was the wrong thing to do if you want to breng about job creeeags in a tough economy. this raises the question, does the president actually think that the economy is doing so well that we should now tax job creators? our democratic colleagues offered their own tax proposal. enstead of offer

mr. cantor, as wellle. >> one of the things we shouldn't forget, obviously we're focused on the presidential campaign, control of the senate hinges in this november's elections, as well. what happened in the house could very well happen in the senate with mitch mcconnell becoming the majority leader and he is held hostage by the tea party as well. the president hopefully reelected looking at this crazy alliance of tea party and the senate. that drew congress to new depths over the past couple of years. >> going back to boehner we've got the tweets up from the state of ho i how where boehner is from. someone mentioned you can't just trot someone out with a brown face and pretend they are four latinos, but they have tried someone out with an orange face. >> oh! >> he is not crying, he is secreting fanta. >> he is fond of the old saying that when things are at their worst, that's just the place and the time that the tide will turn. well delegates, this is that time and this is that place. [ cheers and applause ] >> we're here to preserve this country the same way we built it, by exercising our

joining me is his fellow young gun, house majority leader, eric cantor. mr.hank you very much for being with us. >> a pleasure. >> tell us about the paul ryan that we don't know, the man behind the scenes, because you and he and a few others in the house leadership have really reshaped the house of representatives. >> well, i first really got to know paul ryan when we served together on the ways and means committee. as you know, that's the tax writing committee, the committee charged with overseeing programs like social security. a lot of medicare and others. and we had hours and hours of discussion and ability to really delve into some of the issues when i served with paul, got to know him, became a good friend, and ever since then, i've known that he is someone really dedicated to the details of the federal budget and how we can actually apply some businesslike solutions to the problems that we're facing, and that's what you see now. you see a ticket with mitt romney and paul ryan that is going to approach the problems once and for all in this country and p

eric cantor is joining us on the phone. mr. leader, thank you for joining us. you know paul ryan well. you're one of three young guns as you like to call yourselves, together with mccarthy and ryan and eric cantor. what do you think of the criticism coming from the obama campaign? >> it's nothing but smear tactics once again, because president obama doesn't want to talk about his economic record. i mean, his policies have failed and what i know in paul ryan, he came to washington for cause. it was really a cause to try and get this country back on track. from the days he and i used to sit on the ways and means committee together we'd sit there for hours and talk about his plans for the future and how it is that we ought to head in terms of tax reform, in terms of trying to get the debt under control in this country. and he's put ideas up. he's a real leader and a real leader for the future. i couldn't be more excited with mitt romney's pick of paul ryan for vice president. >> some of the other criticism coming in from democrats is he may not be ready to be presi

mr. ryan as the gop positions itself for economic hope and optimism. the theme from the 42-year-old, this is a new reform republican party, mott your father's gop. tonight, house majority leader eric cantor, nikki haily, condoleezza rice and senator marco rubio. no other broadcast has this powerhouse panel assembled in one hour. also this evening the fed sees moderate growth but at 1.7% it's painfully obvious we are not where we should be. investors see this because markets were basically flat again today. also this evening, it's now tropical storm isaac, but it's still pounding the gulf coast. cnbc's brian shactman is live in the middle of it all. good evening. >> good evening, larry. thank you very much. it is still packing quite a punch though it is a tropical storm out of the mississippi river behind me. it is still closed. the port of new orleans is closed and a huge portion of the goods in this country, in the united states comes up and down the river. they hope to have it open in the port by tomorrow. as you can see the weather is difficult. in terms of tragedy on this one-year anniversary of hurricane katrina there is one reported death compared to 1800. we'll update you on the r

mr. nine nine nine. coming up, bill o'reilly will be joining us live. we'll talk all about what's happening across the vote at the tampa bay times forum. >> gretchen: congressman eric cantorere live in person. i'll be chatting with him right after this break. stick around hey, i love your cereal there -- it's got that sweet honey taste. but no way it's 80 calories, right? no way, right? lady, i just drive the truck. right, there's no way right, right? have a nice day. [ male announcer ] 80 delicious calories. fiber one. [ wife ] your dad's really giving him the business... the designated hitter's the best thing to happen to baseball! but it's not the same game! [ wife ] wow, he's really gonna get us a good deal. it's better! no it's not! the pitcher comes up and he's out! [ dealer ] he can bunt! whatever. but we're good with 0% apr for 60 months? oh yeah, totally. thank you so much. that must've been brutal. [ malkswagen autobahn for all event. at 0% apr for 60 months, no one needs to know how easy it was to get your new volkswagen. that's the power of german engineering. introducing share everything. unlimited talk. unlimited text. tap into a single pool of shareable dat

mr. cantor, i don't think there is a core. there is not a core of beliefs there. believe it, you can respect the fact they believe it. as we talked about off air the other day, holding a vote about abortion in dc including people that are impregnated by rape or incest, with the next day having women obtain affordable care medical benefits which would be covered by insurance, i mean what kind of insult to women is that? >> an insult to women. >> yeah. you know i think eric cantor's core is eric cantor. debbie down in charlotte, north carolina. what do you say. >> hi. wayne powell, you have my backing. i am so upset with eric cantor ever since that debt crisis. i heard on npr, some reliable source that he bet $17,000 hedge bet that the united states would default on the debt. and then he was in a position to make it happen. now, that's fine to talk about, you know, he's not doing nice things and so on. but isn't that treason to bet against your own country? debbie you have your question? >> i think it's un-american. actually, i took out a piece of our literature we