I support him backing out. It's high time we stopped caving in on fiscal issues. The uproar before the midterm elections was about spending too much, not about taxes being too low. Cantor is representing what led to his becoming majority leader.
No it wasn't. In case you forgot...the real reason was the economy and jobs. People felt it wasn't improving fast enough.
There's that and the fact that they wanted the 2 parties to actually work together on issues. Taking the "my way or the highway approach" is the exact thing nobody wants to see.