Rep. Cantor admits extending Bush tax cuts will increase deficit

From Political Correction:

Today on MSNBC, House Minority Whip Eric Cantor (R-VA) attempted to defend his party's push to preserve the Bush tax cuts, even as they fuel the huge deficits that Republicans love to rail against. While saying that the deficits are "dangerous," Cantor was reticent about the actual impact of leaving the tax cuts in place.

At one point, host Savannah Guthrie asked whether Cantor would "simply acknowledge that passing these tax cuts worsens the budget deficit problem." Cantor initially refused, saying, "Let's look at it through the prism of the working families who are seeking jobs and the small business people who are creating them." When pressed further, Cantor finally conceded that the Bush tax cuts increase deficits. "Certainly, you're going to dig the hole deeper," he said.