Tax and Appropriations

Take Note House Republicans, Senate Ethanol Tax Break Vote Proves Revenue is On The Table

From the Democratic Whip Press Shop:

We hope House Republicans were paying attention to the ethanol vote in the Senate today, as 73 Senators—including 33 Republicans—voted to end these tax breaks.

That’s 33 Republican Senators who finally agreed that the tax code is not off limits when looking to restore fiscal discipline.

Whip Hoyer Delivers Speech on America's Fiscal Future and Deficit Reduction

For Immediate Release:

May 23, 2011

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H. Hoyer
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Hoyer: Making Our Tax Code Fair and Simple

For Immediate Release:

April 18, 2011

Contact:

Democratic Whip Steny H. Hoyer
The Huffington Post

If you're feeling overwhelmed this Tax Day, you're not alone. The complexity of our tax code isn't just a nuisance for families and businesses -- it's a drag on our entire economy. Each year, Americans spend billions of dollars and more than 225 million collective hours doing their taxes. And each year, there's talk of making our tax code far simpler, talk that rarely goes anywhere.

Hoyer: Closing Tax Loopholes Must Be Part of the Answer to Budget Challenges

"Last week, former Republican Congressman Joe Scarborough said this about the hard work of getting America out of debt: 'The belief of some on the right that America can balance the budget by cutting education, infrastructure, the Corporation for Public Broadcasting, and home heating assistance to the poor is tantamount to budgetary witchcraft.'

Hoyer Floor Statement on Short Term Continuing Resolution

"Democrats believe that spending cuts are part of the solution—but we also believe that those cuts must be smart and targeted, not pegged to an arbitrary number. We have to cut the spending we can do without, not the vital investments that are helping to grow our economy, helping our private sector innovate, and creating the jobs of the future...

Hoyer Statement on the Recent History of Debt, Federal Spending, and Median Income

When I come to the floor to speak about our country's recent fiscal history, I'm often told there's no point in looking back. But Majority Leader Cantor got it entirely right when he wrote this: "the future will not be won by repeating the mistakes of the past." Unfortunately, however, we are proceeding on a path that shows little inclination to live by those words...

Congressman Hensarling and Democratic Whip Hoyer Engage in Heated Debate Over Budget Cuts on CNBC

The fact of the matter is under every Republican President that i've served with over the last 30 years, we've had very substantial 100 billion dollar plus deficits. As a matter of fact, under George Bush's leadership and in respect of his veto pen which he didn't exercise we went into debt $3.8 trillion. During the Clinton Administration, we had a surplus...

Hoyer: Tax reform: Spur jobs, reduce deficit

For Immediate Release:

January 20, 2011

Contact:

Steny Hoyer
Politico

Today, the House Ways and Means Committee is meeting to discuss reforming the U.S. tax code. Though in its early stages, I believe tax reform can be one of the most promising areas for bipartisan cooperation in this new Congress. Members of both parties can agree that a tax code that unleashes economic productivity, creates middle-class jobs and reduces the deficit would be a major boost to our economic future.