Cantor Pulls Out Of Budget Talks

Politico reports:

House Majority Leader Eric Cantor suddenly pulled out of White House budget talks Thursday, saying that President Barack Obama must come forward to resolve tax issues first before continuing further.

“I believe that we have identified trillions in spending cuts, and to date, we have established a blueprint that could institute the fiscal reforms needed to start getting our fiscal house in order,” Cantor said in a statement. “That said, each side came into these talks with certain orders, and as it stands the Democrats continue to insist that any deal must include tax increases”