Stephanie Young, 202-225-3130
WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) discussed the need for Congress to take action on a responsible budget agreement and several other critical pieces of legislation on CNBC's "Squawk Box" this morning. Below are excerpts and a link to the video.
“But the fact of the matter is, Chris Van Hollen is Ranking Member of the Budget Committee on our side - he has not been in any of these negotiations, nor have any of the other [members of the budget conference]. It's been Senator Murray and Congressman Ryan. So really, nobody knows what the parameters of an alleged agreement or deal is. What we do know is this morning I read in the paper where Heritage Action and other conservative members of the Republican party are saying we don't like the deal that they hear about because it involves some additional revenues and some modification of the sequester which [Chairman of the House Appropriations Committee] Hal Rogers says is irrational and undoable.”
“As you know, I want a big deal. I want something that does this for ten years. We need to deal with taxes, we need to deal with regulations. We need to make it in America. We need to manufacture things in America. We need to grow our economy and we need to grow jobs. We need to be focused on jobs. There's so much on the agenda we haven't done. And we're talking about a very small nick in what we ought to be doing. …The Congress ought to be better than that. We ought not to be dealing in smallbore, because to grow our economy we need to give confidence to our business community and to our people and in order to do that we need to get our country on a fiscally sustainable path - long-term, not in month increments.”
“Let me tell you something: we have unemployment insurance we’ve got to deal with and we’re not talking about and [the House of Representatives will] go out [of session] this week - 1.3 million people going to go off unemployment and won't be able to buy any products or food or anything of that nature. We ought to pass that. Immigration reform, comprehensive immigration reform is good for business; we're not dealing with that – the Senate passed a 68-32 bipartisan deal. … I'm a big Make It In America person - I want to expand manufacturing. I've talked about that all the time. We need to deal with taxes, regulations, and we need to deal with getting our country on a fiscally sustainable path so we won't be going to the precipice of debt limit every six months or eight months, we won't be going to the precipice of not funding government. We'll have a stability in the government. The fact of the matter is, SGR, the reimbursements of docs for Medicare services. We ought to be dealing with that, we’re not dealing with that. We have two days, three days left to go in this session. Very frankly, if I were the Majority Leader, I'd be ashamed that we had this much on the table with three days left to go and we hadn’t dealt with it because that leads to instability in our country.”