MADISON (WKOW) -- Current House Minority Leader, Eric Cantor, says his party wants across-the-board spending cuts and a reduction in the federal payroll.
The Virginia congressman is a likely leader in the new Republican-controlled U.S. House of Representatives, and has already declared his intent to run for house Majority Leadership.
Cantor told CNN Wednesday that all discretionary spending should be cut to 2008 levels, including defense. He said the cuts could save $100 billion in the first year, but did not specify a percentage for the reductions. Republicans made the across-the-board cut a part of their campaign argument earlier this fall.
Cantor also said federal pay rates must be brought down to "a level which reflects the market place pay."