Fiscal Responsibility

Fiscal Responsibility
Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced deficits while investing in the American people’s priorities. In contrast, Republicans adopted fiscally irresponsible policies that have led to exploding deficits.

Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced deficits while investing in the American people’s priorities. In contrast, Republicans adopted fiscally irresponsible policies that have led to exploding deficits. Republicans jammed their 2017 tax scam through Congress without a single hearing, gifting a massive, unpaid-for tax handout to the wealthiest Americans and large corporations while leaving our nation with ballooning deficits. They have repeatedly held our economy hostage to their ideological agenda, whether creating artificial “fiscal cliffs,” shutting down the government, or bringing our nation to the brink of defaulting on its obligations. With Democratic control of Congress and the White House, the days of manufactured fiscal crises for the purpose of advancing political interests comes to an end.

Years of Republican irresponsibility left our nation ill-prepared to address an emergency of the scale of the COVID-19 pandemic and its economic consequences. Democrats’ first priority is responding to that crisis; once it has passed, and as Democrats work to invest in economic recovery, job creation, and other pressing issues, we will also work to restore sound, long-term fiscal management so future generations can afford to invest in opportunities and securing the American Dream.

Fiscal Responsibility Related

While I believe the House took the appropriate action today to prevent another unnecessary government shutdown, I believe that passing yet another continuing resolution is not the right approach to funding our government.  

12/8/16

Finally, after weeks of negotiation, House Republicans brought a water resources bill to the Floor.  

12/8/16

As the Republican-led 114th Congress comes to an end, it’s clear that this Congress has become yet another closed, unproductive, do-nothing Congress.

12/6/16

The nominations of Steven Mnuchin as Treasury Secretary and Wilbur Ross as Commerce Secretary reveal an incoming administration that is seriously out of touch with working Americans. 

11/29/16

I want to thank my friend Rep. Sandy Levin for his service as Ranking Member of the Ways and Means Committee and, previously, as its Chair.

11/29/16

The report released on Friday by the Treasury Department demonstrates both the enormous progress made under President Obama to bring deficits down as well as the significant challenges that still remain to achieve fiscal sustainability. 

10/17/16

The Bureau of Labor Statistics report released this morning demonstrates that the solid pace of our jobs recovery is continuing, with September marking six years of continual job growth. 

10/7/16

I’m pleased that Republicans and Democrats in the House of Representatives reached an agreement this week and passed legislation to avoid a government shutdown. 

9/30/16

Tonight’s actions by the House will prevent a government shutdown, and I am pleased that Democrats and Republicans were able to reach an agreement to keep the government open before Friday’s deadline.  

9/28/16

As Congress prepares to adjourn at the end of the week, it’s clear that the Republican-led 114th Congress has become yet another closed, unproductive, do-nothing Congress.

9/27/16

Today, Democratic Whip Steny H. Hoyer released a report that demonstrates how the economy has performed consistently better under Democratic presidents than Republican ones. 

9/13/16

As Congress returned this week from the August district work period, House Republicans continued to ignore critical issues that need to be addressed. 

9/9/16

House Democratic Whip Steny H. Hoyer (MD) discussed House Republicans’ failure to address public health emergencies and their division over funding the government on NewsChannel 8, managed by ABC-affiliate WJLA in Washington, DC.

9/8/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement in response to President Obama's proposed federal pay raise for 2017.

9/1/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement today on the fifth anniversary of the Consumer Financial Protection Bureau.

7/21/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement today in response to the release of the Congressional Budget Office's Long-Term Budget Outlook.

7/12/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement tonight after House Democrats defeated House Republicans' attempt to override President Obama's veto of the Republican resolution disapproving the Department of Labor's fiduciary rule.

6/23/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement today in response to the release of Speaker Ryan and House Republicans’ regulatory agenda, the third plank of their #WrongWay agenda.

6/14/16

This week, Speaker Paul Ryan and House Republicans unveiled the first two planks of their “A Better Way” agenda, addressing poverty and national security. 

6/10/16

House Democratic Whip Steny H. Hoyer (MD) spoke on the Floor of the House of Representatives this afternoon in support of bipartisan compromise legislation to address the debt crisis in Puerto Rico. 

6/9/16

Democratic Whip Steny H. Hoyer (MD) spoke on the House Floor today in opposition to a bill that would repeal DC’s budget autonomy. 

5/25/16

House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the House Natural Resources Committee approved bipartisan legislation to address the debt crisis in Puerto Rico. 

5/25/16

Democratic Whip Steny H. Hoyer (MD) testified today before the House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit at a member day hearing on the need to improve the safety and reliability of the Washington Metropolitan Area Transit Authority. 

5/24/16

House Democratic Whip Steny H. Hoyer, along with House Financial Services Committee Ranking Member Maxine Waters, Monetary Policy & Trade Subcommittee Ranking Member Gwen Moore, and Rep. Denny Heck, today sent a letter to Senate Banking Committee Chairman Richard Shelby urging action on the confirmation of J. Mark McWatters to a four-year term serving on the Board of the Export-Import Bank.  

5/23/16