House Majority Leader Steny Hoyer is unsure whether Congress will pass a budget this year, acknowledging that it’s difficult to pass large, complex spending resolutions in the House during election years. The Maryland Democrat said he and Budget committee Chairman John Spratt (D-S.C.) “both believe that it would be important” to pass a budget but they’re unsure if Democrats have the votes to pass it through the lower body. Republicans did not pass a budget resolution in 1998, 2002 2004 and 2006 – all years when members of Congress faced re-elections. “Obviously, as I just pointed out to you, it’s difficult to pass budgets in election years,” Hoyer said.
Most Popular Articles
While many homebuilders, such as D.R. Horton and Tri Pointe Homes, significantly reduced the number of new home starts over the last quarter amid sluggish homebuyer demand, Smith Douglas Homes Corp. is taking a different approach, akin to that of Lennar. Pace over price. The builder’s strategy reflects a commitment to affordability and serving the […]
-
Mortgage rate declines are raising the likelihood of a refi surge
Mar 19, 2026 -
Homebuilders Urged To Invest In Frontline Jobsite Workers Now
Mar 19, 2026 -
How hybrid operations are elevating builder performance
Apr 30, 2026 9:50 am -
HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
Apr 30, 2026 -
After An Involuntary Pause, Orders Matter Again For LGI
Mar 20, 2026
Latest Articles
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]