Boehner, Cantor Pounce on President Obama's Rosy View of Private Sector

Shortly after President Obama arrived at the White House briefing room and assured the American people that the private sector was doing just fine, the top two Republican House leaders condemned his message and urged the president to embrace GOP proposals to help spur economic growth.

"Mr. President, I used to run a small business, and Mr. President, take it from me: The private sector is not doing well," Speaker of the House John Boehner said in a news conference arranged quickly after Obama's talk. "The American people are still asking the question, 'Where are the jobs?'"

House Majority Leader Eric Cantor echoed the speaker's reaction, and called on Obama "to stop engaging in the blame game."

"We just listened to the president say that the private sector is doing fine, and my question to the president would be, 'Are you kidding?'" Cantor exclaimed. "Did he see the job numbers that came out last week? The private sector is not doing fine."

Boehner denied the president's claim that a lack of federal money for state and local governments was at fault for the country's economic malaise, telling reporters that he believes the true culprit is the federal government, which he said "continues to spend money that we don't have."

"With these looming tax hikes and the regulations coming out of Washington, we have frozen employers in place," he said. "If we would have a moratorium on regulations and extend all the current tax rates, we would free employers, provide more certainty for them to go out and begin to hire the American people."

As a wide array of tax provisions are set to expire at the end of the year, Boehner once again repeated the GOP's intent to pass legislation that would extend all the current tax rates and called on the president to embrace that proposition.

"Stopping the looming tax hikes will help job creators because they'll have more certainty about what the tax rates are going to be and help create a better environment for them to create jobs," Boehner said.

The speaker also disagreed with the assertion that one of the reasons Europe was facing an imminent financial disaster was because of the austerity measures that had been put in place, proposals that are much like those pitched by Republicans to address U.S. debt.

"The reason Europe is in the shape that it's in is because they waited too long to deal with their problems," Boehner said. "If we don't get busy dealing with our debt, we're gonna be in the same shape."

"Just because Europe has problems doesn't mean that we can't begin to solve our problems," he continued. "We can help American job creators by taking the actions that we've outlined. There's no excuse why we should wait … for the convenience of an election. Let's get to work today."

Despite Obama's request that Congress consider the items on his To Do list, Cantor made it clear that the GOP majority would continue its efforts to counter the administration's policies.

"Our summer agenda is going to be directly focused on how we can make the environment better for small businessmen and women to grow and create jobs in this country. We're going to take a bill to the floor that will ensure that taxes won't go up on anybody. We're going to take several measures to the floor that begin to cut the red tape and roll back the regulations that this administration continues to churn out, making it more difficult for businesses to create jobs, and yes, we are going to take to the floor a bill that calls for the total repeal of 'Obamacare' so that we can start over."

The House of Representatives has already concluded this week's legislative business, and lawmakers are now heading back to their districts, much to the chagrin of House Democrats, who complained that Republicans are putting off dealing with student loan interest rates and the highway bill to fund transportation.

The House returns to session June 18.

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