Quote by Eric Cantor

And basically, the sense of the 'Pledge to America' is this: Republicans understand when we were in charge, we got fired in '06. We spent too much money. We defied the trust that the people had put in us. And we know that there is a better way.

And basically, the sense of the 'Pledge to America' is this:

Summary

The quote acknowledges the previous failures of the Republican party when they were in power, resulting in their loss of authority in 2006. It admits that Republicans spent excessively and betrayed the people's trust. However, the quote also states that Republicans have learned from their mistakes and are now presenting the "Pledge to America," which promises a different and improved approach. It suggests that the Republican party believes there is a better way to govern, aiming to regain the trust and support they lost by demonstrating change and fiscal responsibility.

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