"We want to be able to go home to the people who elected us and show them that we're not going to allow this kind of spending to continue. We don't have the money -- they don't have the money."

Cantor said Republicans will bring up a bill next week -- the "Cut, Cap and Balance" bill -- "So that we can demonstrate that we are getting things under control and that the people who put us here can gain some confidence that we're going to begin to live like they do around their kitchen tables and in their businesses -- stop spending money we don't have and begin to manage this debt and deficit down to balance."