Budget & Fiscal Responsibility

Congressman Hoyer is fighting to address our nation's deep deficits and debt, and is actively engaged in the effort to put our country on a fiscally sustainable path. He believes that it is immoral to expect future generations to pay for the excess spending of this and previous generations. He introduced and successfully helped enact into law the pay-as-you-go principle - or "PAYGO" - a proven tool for fighting debt that that helped create budget surpluses in the 1990s. Like families across the country, Congress must make the tough choices to determine our real priorities and not spend beyond our means.  PAYGO also forces Congress to look harder for wasteful spending that can be cut.

Congressman Hoyer has called on Congress to enact a deficit reduction plan that recognizes the need to create jobs in the short term while bringing down our deficit over the long term. He supports a solution that puts all options on the table, including spending cuts, increasing revenues, cutting waste in defense spending, and strengthening entitlements while protecting seniors and the most vulnerable and preserving the Medicare guarantee. He has urged both parties to compromise on a balanced approach that asks all Americans to contribute their fair share.

Congressman Hoyer is committed to reducing the deficit, and has urged both parties to work together to put our nation on a fiscally sustainable path while making the investments we need to have a strong economy.

Hoyer Statement on Passage of the National Defense Authorization Act

I’m pleased that the House passed the National Defense Authorization Act for Fiscal Year 2020 today, which will strengthen our national security and support the men and women who serve our nation.

Hoyer Statement on Equal Pay Day

Today on Equal Pay Day, we recognize the amount of time into the new year that women must work in order to earn, on average, what men earn the year prior for the same job.

Hoyer Attends Prince George's County House Delegation Meeting

I appreciated the opportunity to join my colleagues in Annapolis this morning and detail how Democrats in Congress are working to expand access to opportunity for more of our families in Prince George's County.

Hoyer Statement on President Trump's State of the Union Address

In his State of the Union address tonight, President Trump leaned on falsehoods and fear to obscure the reality of a presidency lacking in leadership and harmful to America’s future.