Hoyer Statement on President's Support for a Statutory Fiscal Commission and PAYGO

For Immediate Release:

January 23, 2010

Contact:Katie Grant
Stephanie Lundberg
(202) 225 - 3130

WASHINGTON, DC - House Majority Leader Steny H. Hoyer (MD) released the following statement today after President Obama announced his support for the creation of a statutory fiscal commission:

"I appreciate President Obama's announcement today reiterating his support for statutory paygo and affirming support for a fiscal commission.

"This announcement should eliminate any questions about the President's commitment to creating an effective fiscal commission to deal with our fiscal challenges. It is now up to Republicans to follow his lead by supporting the Conrad-Gregg proposal and, if it fails, working with the President to make a commission created by executive order a success.

"As we work to bring down the deficits created by their reckless policies during eight years in office, I hope Republicans see this as an opportunity to work together to tackle our nation's fiscal challenges."
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