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 President Obama's FY 2015 Budget Proposal

The President's budget released today reflects important priorities for the state of Maryland and our nation – increasing economic opportunity, promoting job growth, and strengthening our national security, while addressing our long-term fiscal sustainability.

Hoyer Statement on President Obama's FY 2015 Budget Proposal

The President's budget released today reflects important priorities for the state of Maryland and our nation – increasing economic opportunity, promoting job growth, and strengthening our national security, while addressing our long-term fiscal sustainability.

Hoyer Statement on Start of Second Session of 113th Congress

Today, as the 113th Congress begins its second session, I'm hopeful that Congress can focus on issues important to the Fifth District, including helping working families achieve a secure place in the middle class and supporting the creation of well-paying jobs. That's why I continue to urge my colleagues to take up additional Make It In America bills, many of which enjoy bipartisan support, and to raise the minimum wage.

Hoyer Statement in Support of Federal Employees During Ongoing Budget Negotiations

I stand in solidarity with AFGE and NTEU today - and with all those who serve in our nation's federal workforce. I vehemently oppose efforts to target and single out these hardworking, middle-class Americans who play a critical role in maintaining the safety, security, and well-being of our nation.

Hoyer Statement on September Jobs Report

While I'm encouraged that the economy added 126,000 private sector jobs in September and that the unemployment rate dropped to 7.2%, Congress has the responsibility to provide certainty to our economy, businesses, and working families following the co