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Sunday, February 19, 2012

postheadericon Cantor previews GOP small business proposals, defends payroll tax cut

House Majority Leader Eric Cantor (R-Va.) previewed the upcoming Republican legislative agenda Sunday, saying the GOP would be pushing two measures it believes would spur small business growth.

Cantor said he was "disappointed" by signals from the White House that the payroll tax cut extension was the last piece of legislation the president saw as a high priority in 2012, and believed a "window of opportunity" existed to further aid jobs growth.

The first of the plans - dubbed the "JOBS Act" - would improve access to financing for small business plans and reform or remove regulations for starting a small business. Cantor said that the package drew from ideas suggested by the president's Council on Jobs and should garner bipartisan support.

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