WASHINGTON, DC - JULY 25: House Majority Leader Eric Cantor (R-VA) (C) speaks during a brief news conference outside the Speaker's office with fellow GOP members at the U.S. Captiol July 25, 2011 in ... more 
WASHINGTON, DC - JULY 25: House Majority Leader Eric Cantor (R-VA) (C) speaks during a brief news conference outside the Speaker's office with fellow GOP members at the U.S. Captiol July 25, 2011 in Washington, DC. Speaker of the House John Boehner (R-OH) announced new legislation that would raise the debt ceiling in two stages and cut $3 trillion in budget cuts. (Photo by Chip Somodevilla/Getty Images) less 
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Getty Images | Photo By Chip Somodevilla / Getty Images
Mon, Jul 25, 2011 4:54 PM EDT