Lawhawk, that Cantor profile in your post is actually pretty interesting. Supposedly Cantor was the main source for much of Woodward’s book, but in that New Yorker profile Cantor contradicts the main thrust of Woodward’s debt ceiling analysis:

Cantor was one of the most influential political forces in Obama’s first term. In June of 2011, the President and the Speaker began working toward a Grand Bargain of major tax increases and spending cuts to address the government’s long-term budget deficits. Until late June, Boehner had managed to keep these talks secret from Cantor. On July 21st, Boehner paused in his discussions with Obama to talk to Cantor and outline the proposed deal. As Obama waited by the phone for a response from the Speaker, Cantor struck. Cantor told me that it was a “fair assessment” that he talked Boehner out of accepting Obama’s deal. He said he told Boehner that it would be better, instead, to take the issues of taxes and spending to the voters and “have it out” with the Democrats in the election. Why give Obama an enormous political victory, and potentially help him win relection, when they might be able to negotiate a more favorable deal with a new Republican President? Boehner told Obama there was no deal. Instead of a Grand Bargain, Cantor and the House Republicans made a grand bet.

The bet failed spectacularly. Just as Cantor had urged, Obama and Romney spent much of the campaign debating tax and spending policies that the House Republicans had foisted on the Romney-Ryan ticket. What’s more, by scuttling the 2011 Grand Bargain negotiations, Cantor, more than any other politician, helped create the series of fiscal crises that have gripped Washington since Election Day. The failure of the Grand Bargain led to a byzantine deal: if the two parties could not agree on a new deficit plan, then a combination of tax increases and spending cuts—cuts known, in budget jargon, as a “sequester”—would automatically kick in on New Year’s Day.