Hoyer: We may not balance the budget for 20 years
House Minority Whip Steny Hoyer (D-Md.) said on Tuesday that it may take as many as 20 years to balance the federal budget after years of deficit spending in Washington. ...
Hoyer said, “Now [that] we’re at $14 trillion in debt, I think the answer is – responsibly – we’re not going to get there [a balanced budget] in ten years, but we have to be on a very considered path to get there, certainly, within the next decade and a half or two decades,” Hoyer said Tuesday at his weekly press briefing.