Congressman Steny H. Hoyer spoke against a proposed balanced budget amendment on the House floor, highlighting fiscal responsibility issues.
Quiver AI Summary
Congressman Hoyer speaks on budget amendment: Congressman Steny H. Hoyer addressed the House regarding H. J. RES. 139, which proposes a constitutional amendment for a balanced federal budget. Hoyer highlighted concerns about recognizing the true drivers of national debt and criticized past budgetary policies that contributed to deficits.
Remarks on fiscal responsibility: Hoyer emphasized the need to have a realistic approach to budgeting, stating, "We have a ‘paying for’ problem...not a spending or revenue problem." He argued against the amendment, insinuating it gives a misleading impression of fiscal responsibility while supporting significant debt increases.
Call to action: In his conclusion, Hoyer asserted, "It is dishonest...to come to the Floor and say, ‘I want to balance the budget,’ and then vote for the largest creation of debt ever." He urged his colleagues to reject the proposed amendment.
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Steny H. Hoyer Fundraising
Steny H. Hoyer recently disclosed $71.7K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 870th most from all Q4 reports we have seen this year. 47.0% came from individual donors.
Hoyer disclosed $65.1K of spending. This was the 922nd most from all Q4 reports we have seen from politicians so far this year.
Hoyer disclosed $445.8K of cash on hand at the end of the filing period. This was the 634th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Steny H. Hoyer's fundraising on Quiver Quantitative.
Steny H. Hoyer Net Worth
Quiver Quantitative estimates that Steny H. Hoyer is worth $3.9M, as of March 18th, 2026. This is the 188th highest net worth in Congress, per our live estimates.
Hoyer has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Steny H. Hoyer's net worth on Quiver Quantitative's politician page for Hoyer.
2026 Maryland's 5th Congressional District Election
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The rating for this race is currently "Solid D".
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