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Eric Cantor concedes after stunning loss

Tuesday, Jun 10, 2014 - 02:01

U.S. House Majority Leader Eric Cantor of Virginia loses to Tea Party challenger David Brat in a stunning Republican primary upset that sent shockwaves through Congress. Rough Cut (no reporter narration).

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U.S. House Majority Leader Eric Cantor of Virginia lost to a Tea Party challenger on Tuesday (June 10) in a stunning Republican primary upset that sent shockwaves through Congress and gave the conservative movement a landmark victory. Cantor, the No. 2 Republican in the House of Representatives, was easily beaten by college economics professor David Brat, who accused Cantor of betraying conservative principles on spending, debt and immigration. "I know there's a lot of long faces here tonight, and it's disappointing, sure. But I believe in this country. I believe there's opportunity around the next corner for all of us," said Cantor in his concession speech. The result could halt efforts to craft a House immigration reform bill, as nervous Republicans hustle to protect themselves against future challenges from the right ahead of the Nov. 4 midterm elections. It could also make Republicans even more hesitant to cooperate with President Barack Obama and Democrats for fear of being labeled a compromiser. Cantor had been seen by many as an eventual successor to House Speaker John Boehner, and his defeat will mean a shake-up in the Republican leadership at the end of the year among House members nervous about the depth of public anger toward Congress. A seven-term congressman with ties to the financial industry, Cantor had spent more than $5 million to head off the challenge from Brat, a political newcomer who teaches at Randolph-Macon College.

Eric Cantor concedes after stunning loss

Tuesday, Jun 10, 2014 - 02:01

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