Last night, President Obama called for bipartisan support for his jobs package in a speech to the nation, saying that the legislation will boost hiring and provide a jolt to the stalled economy. However, many Republicans are wary of the proposal, calling it a repeat of the 2009 stimulus and leaving many Americans skeptical as to what measures actually stand a chance at passing.
Although House Majority Leader Eric Cantor encouraged legislators to "find common ground" in the bill on Twitter last night, he also has reservations about many of the president's proposals.
Representative Cantor affirms his opposition to the creation of an infrastructure bank today on American Morning, telling Carol Costello that it is a "Fannie Mae and Freddie Mac for roads and bridges."
He insists, however, that "there is a lot of room for commonality," particularly in relation to the president's support of the employer side of the payroll tax.
"Although we would like to see much more certainty and permanency in the proposal, it is something that we certainly would support," Cantor explains.