Hoyer Floor Statement on the Bipartisan Budget Control Act

Yesterday we learned that investors in American stocks lost more than $400 billion over the past week, since Speaker Boehner said he could not compromise with President Obama. Republicans have not moved a single centimeter towards compromise with our side of the aisle--not a single centimeter. But the people aren't looking to us for what we can stop. They're looking to us for what we can do--what we can do to make our country healed at this point in time.