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WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) appeared on CNBC's Squawk Box this morning to discuss President Trump's proposed budget for fiscal year 2018 and House Democrats’ hearing today on Republicans’ bill to repeal the Affordable Care Act. Below are excerpts from the interview and a link to the video:
Click here to watch the video.
“I think it's probably the most irresponsible budget I’ve seen and most unrealistic budget I’ve seen, and I doubt very seriously that Republicans on either the Appropriations or the authorizing committees think it can be accomplished or should be accomplished. It cuts very substantially, as you pointed out, the State Department, which is going to undermine our security around the world. Who says that? The people at the Pentagon says that. It cuts NIH very substantially, and that's health care research to make America more healthy. So I think when you look at all the component parts, it was simply a hatchet job to increase very substantially the defense side of the budget without paying for it, except with these irrational cuts. So I don't really think this is a realistic document and it's not fleshed out, so we don't know all the specifics, but the fact is I think that it will be, essentially, dead on arrival.”
“Well, I don't think this is a question, so much of having players in place as having a rational policy in place. This is just simply not a real document. It's not a responsible document. It's not rational to slash domestic spending, particularly when you want to grow the economy. This is going to cost jobs now and in the future.”
“…We are having a hearing today – a hearing that the Republicans would not hold on what the impacts are on the repeal of the Affordable Care Act. I think it's very important that we have some hearing. The Republicans marked up [the bill] in the Ways and Means Committee, marked up in Energy and Commerce. No American had the opportunity to be a witness. We didn't have a CBO score... We didn't know what it would cost. We now know what it would cost. At this hearing that we're going to have today, the Democratically-appointed former Chairman of the CBO is going to agree with the Republican-appointed CBO Director that this will gut Medicaid, cut Medicare very substantially, increase costs for almost everybody in America, knock 24 million people out of insurance, and end up with 58 million people uninsured pretty soon. That's also an irresponsible policy. And I hope Americans would look in… we are going to be streaming it on my Facebook page. We're also going to be streaming it on ResistRepeal.org. So we hope the public will watch and find out what this proposal does. It's not a better way. It's a terrible way.”