This Week Transcript: Peter Orszag and Eric Cantor

CANTOR: There is no question the Republican Party has to return to be one of inclusion, not exclusion. And we are a party with many ideas. And we have in that a commitment to make sure that we have positive alternatives, if we don't agree with this administration or the House Democrats, and to continue to put those ideas forward.

And, again, the problems facing this country and the problems facing the working moms in the suburban office parks, the problems facing small-business people across this country are not just Republican or Democrat problems. They are so big, they are so challenging we all need to join together, not only in Washington, but around the country, to put the ideas forward and let's come up with solutions that actually produce results for a change, instead of making matters worse, which Washington is famous for.

STEPHANOPOULOS: So the Rush Limbaugh approach of hoping the president fails is not the Eric Cantor, House Republican approach?

CANTOR: George, absolutely not. And I don't -- I don't think anyone wants anything to fail right now. We have such challenges.

What we need to do is we need to put forth solutions to the problems that real families are facing today. And our common-sense, conservative principles of limited government, and the belief in free markets, and the belief that really opportunity can only be created by the private sector are going to undergird our proposals going forward.

STEPHANOPOULOS: OK. Congressman Cantor, thanks very much for your time this morning.

CANTOR: Thank you, George.

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