QUOTE OF THE DAY…. Eric Cantor (R-Va.), soon to be the House Majority Leader, insisted yesterday that Republicans would not accept any compromise on tax policy. They want it all, regardless of cost, and will accept nothing less than everything they demand.

That part wasn’t surprising. It’s how Cantor made the case during a Fox News interview yesterday that stood out.

“I really want to see that we can come together and agree upon the notion that Washington doesn’t need more revenues right now,” Cantor said.

Every time I bring up the fact that Eric Cantor is surprisingly unintelligent, I get pushback, especially from Republicans who insist that Cantor is one of the sharpest GOP minds on Capitol Hill.

But the man has never demonstrated a working knowledge of any area of public policy. Take this quote, just as the latest example among many. Eric Cantor seriously believes that everyone should be able to agree that the federal government “doesn’t need more revenues right now.”

In what universe does that make sense? The federal government ran a $1.29 trillion deficit last year, and the national debt is well over $13 trillion. We’re in the midst of two wars, and have all kinds of costly obligations. No sane person could look at the country’s fiscal landscape and conclude that the federal government has plenty of money, and has no need for more.

And yet, Cantor not only argued this on national television, he suggested it’s an incontrovertible point.

Steve Benen

Follow Steve on Twitter @stevebenen. Steve Benen is a producer at MSNBC's The Rachel Maddow Show. He was the principal contributor to the Washington Monthly's Political Animal blog from August 2008 until January 2012.