Rep. Eric Cantor resigns from Congress effective August 18

Former House Majority Leader Eric Cantor has not only announced resigned his GOP leadership position. Today he announced his resignation from Congress – effective August 18th – and he’s getting the hell outta Dodge:

Cantor said he has asked Gov. Terry McAuliffe to call a special election for his district that coincides with the general election on Nov. 4.

By having a special election in November, the winner would take office immediately, rather than in January with the next Congress. “That way he will also have seniority, and that will help the interests of my constituents (because) he can be there in that consequential lame-duck session,” Cantor said.

Cantor’s resignation marks the end of a successful 14-year congressional run that included his role as House majority leader for more than three years and the prospect of becoming the next speaker of the House.

Cantor had not faced a close challenge since he was first elected in 2000. But Dave Brat, an economics professor from Henrico County, toppled the incumbent in a Republican primary on June 10.

Virginia: Republican Eric Cantor loses his primary race to Tea Party challenger

In a stunning upset, House Majority Leader Eric Cantor of Virginia has lost in the Republican primary.

From NBC News:

With more than 75 percent of precincts reporting, the AP called economics professor Dave Brat the surprise winner of the GOP nomination for Virginia’s 7th congressional district.

Cantor, who serves as the House majority leader, heavily outspent Brat and was widely expected to survive the challenge from the right.

Brat painted the seven-term congressman as a Washington insider who has become too liberal to represent the Richmond-area district. He accused Cantor of supporting immigration reform that would give “amnesty” to those living in the United State illegally.

As House Majority Leader, Cantor is the second most powerful member of the House of Representatives.

Remember when the gov’t helped people in times of disaster? Cantor says not without budget cuts.

House Majority Leader Eric Cantor (R-VA) today stood by his call that no more money be allocated for disaster relief unless it is offset by spending cuts elsewhere.

FEMA will need more funds than it currently has to address the devastation from this weekend’s Hurricane Irene. Cantor took this position following the tornadoes that devastated Joplin, Missouri and elsewhere in the spring and summer, and after last week’s earthquake, the epicenter for which was in his district, but the hurricane’s level of destruction is far beyond that of those disasters.

Cantor told Fox News that while “we’re going to find the money,” “we’re just going to need to make sure that there are savings elsewhere to do so.”