Obama: US House Voting to Cut, Cap and Balance the Budget "Doesn't Seem LIke a Serious Plan to Me"

Shocker, no? The GOP has plan to not only balance the budget, but cut spending now and cap it for the future. Our community organizer-in-chief doesn't see it as anything serious:

From CNS News on YouTube: GOP Leaders: 'We're In the 4th Quarter' - Cut ,Cap And Balance 

Rep. 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."

More:

Next week, Republicans again will show that they can lead, House Majority Whip Kevin McCarthy (R-Calif.) told a news conference on Friday.

President Obama says he expects House Republicans to vote on bills "just to make political statements."