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 Op-ed: Sequestration Demands a Better Answer

For more than 30 years, Ive been proud to represent my alma mater, the University of Maryland, College Park, and work to help further its mission by promoting quality, affordable education and this universitys world-class research programs. Thats why I was so disappointed that Congress failed to take meaningful action to prevent the arbitrary, and across-the-board spending cuts imposed by sequestration, which could significantly set back these efforts.

Hoyer Op-ed: Sequestration Demands a Better Answer

For more than 30 years, Ive been proud to represent my alma mater, the University of Maryland, College Park, and work to help further its mission by promoting quality, affordable education and this universitys world-class research programs.

Hoyer: Continuing Resolution Passed Today Does Nothing to Stop Sequester

The Continuing Resolution passed by the House today does nothing to address the irrational cuts imposed by sequestration, which could be very harmful to our economy, our local defense community, and our national security over the coming weeks and months. While I do not believe we should allow our government to shut down and I would have liked to have voted for the defense funding included inthe package, this legislation did not stop the sequester or address the need to invest in our priorities in a thoughtful way.

Hoyer Holds Conference Call with Defense Contractors from NAS Patuxent River

I know the automatic spending cuts known as sequestration, which could have a harmful impact on our economy and national security, are of great concern to our local defense community, including our contractors who support our men and women in uniform.