The Economy will not be fixed in a few months

The House Majority Leader Steny H. Hoyer spoke about Obama’s news budget at a weekly press conference. Hoyer spoke about President Obama and his administrations new budget. Hoyer stated that the budget proposal was bold and honest and that the American people have to realize that the economy will not be fixed in a few months. He said that the Obama’s economic policies can turn the economy around, but in a matter of years according to some financial experts.

Hoyer discussed the importance of patient when it comes to U.S. finances, since Obama inherited an economy in deep recession. When talking to different financial experts most of them say that it will take time before any results can be shown, he said.

Hoyer also stated that the D.C Voting Bill regarding gun control is making progress. He said his prediction will be passed this year by the House.

Hoyer also brought up what he thinks are two challenges in America’s current politics; Healthcare and energy are both areas were there is a lot of interest groups involved and the challenges will be to try to please as many as possible.