Hoyer Discusses the Economy and Jobs on CNBC

For Immediate Release:

June 1, 2012

Contact:

Katie Grant, 202-225-3130

WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) discussed the economy and jobs today on CNBC. Below are excerpts and a link to the video.

Click here to watch the video.

“I think [the Republican summer agenda] is spin but I don’t think it’s substantive. I don't think it really addresses the issues that are critical to the economy.”

“In my opinion [getting things done] is going to be a real challenge between now and the election. … We need to have substantive agreement … The single biggest stimulus package we could have is coming together and putting this country on a long-term, fiscally sustainable, credible path. I think that would free up trillions of dollars that businesses have and I think they'd feel confident in the economy. Every business person I talk to around this country agrees that's the key.”

“We have a long way to go. But one of the problems is we've had this gridlock in the Congress where the principal objective has been to undermine the ability of President Obama to move this country forward.”

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