Hoyer Statement on Trump's Irresponsible Budget Plan

WASHINGTON, DC – Today, Congressman Steny H. Hoyer (MD-05), Ranking Member of the House Appropriations Financial Services and General Government Subcommittee, issued the following statement on the Trump Administration’s budget request for Fiscal Year 2026:

"Trump's budget represents the interests of the wealthy few instead of the many American workers, families, and small businesses just trying to stay afloat.

"His proposal cuts nearly a quarter of all non-defense discretionary spending. It terminates programs that help struggling families keep the lights on, keep food on the table, and keep a roof over their heads. The budget puts our nation's children at risk, eliminating preschool development grants and slashing funding for maternal and child health programs. 

"This disastrous budget would undermine America's health and competitiveness for generations. Trump wants to cut the budget of the National Institutes of Health and the Centers for Disease Control and Prevention in half. These are the agencies that help identify, treat, and even cure life-threatening diseases and protect Americans from pandemics. He also intends to cut a quarter of the National Oceanic and Atmospheric Administration's budget. That will jeopardize early warning systems that help American communities withstand natural disasters, which are becoming more frequent and more dangerous. 

"While putting up more obstacles for the American people, Trump's budget makes it easier for the wealthiest individuals and big corporations to get even further ahead. It cuts the Internal Revenue Service's budget by a fifth. The IRS has been desperately underfunded and understaffed for decades. Slashing its funding further will make it even harder for the agency to go after wealthy tax cheats who try to get out of paying their fair share. Ultimately, hardworking Americans who dutifully pay their taxes are forced to bear the cost of this loss in revenue.

"How we spend our money reflects our values. Once again, Trump proves he does not care for the American people – only himself."