Hoyer: This Budget is Unprecedented in its Fiscal Irresponsibility
WASHINGTON, DC – Congressman Steny H. Hoyer (MD-05) released the following statement today after the House voted to pass Senate Republicans’ budget resolution:
"Anyone who has ever promoted fiscal responsibility but supports this Republican budget resolution is defrauding the American people. This budget is unprecedented in its fiscal irresponsibility, upending decades of precedent to clear a path for Republicans to add $5.8 trillion to our national debt over the next decade. That's more than the cost of the American Rescue Plan, the Inflation Reduction Act, the Bipartisan Infrastructure Law, the CHIPS and Science Act, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and Donald Trump's original 2017 tax cuts for the rich combined.
"Republicans are exploding the national debt to pass their massive tax cuts for the wealthiest individuals and companies in America. At the same time, this budget threatens the largest cut to Medicaid in history, while Trump's tariffs continue to increase everyday costs for working Americans. The American people are already struggling economically. They should not have to bear additional costs to help the wealthiest individuals get even further ahead.
"Republicans threw out the rulebook to force this budget through. They ought throw out their budget proposal instead."