"In fact," Cantor wrote in an opinion piece published in The Washington Post, "the Obama administration's anti-business, hyper-regulatory, pro-tax agenda has fueled economic uncertainty and sent the message from the administration that 'we want to make it harder to create jobs.'"
Cantor said there were "two related but separate crises," on the economic front. The first, he said, "is the federal debt crisis, the result of decades of fiscal mismanagement by both political parties."
"The second is a job crisis," he said.
Cantor decried the Environmental Protection Agency's "Transport Rule," which he said would "eliminate thousands of jobs," and ozone protection, which he said would cost "upward of $1 trillion and millions of jobs in the construction industry over the next decade."
He also bemoaned "the president's insistence on raising the top tax rate paid by individuals and small businesses," which he said "as resulted in a lag in growth."
"Since taking office, he [President Obama] has added trillions to the debt, ignored the recommendations of his own fiscal commission and put forth a budget that failed to address the drivers of our debt," Cantor said.
In response, Cantor said "this fall the Republican Party will pursue a legislative agenda that boosts economic growth through reducing the regulatory and tax burden."
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