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Steny Hoyer: “We facilitate $300 billion for reconstruction economic…”

Featuring: Steny Hoyer, Democratic | U.S. House Maryland, 5th Congressional District

Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake

Published June 24, 2026 | Video Starts at 04:55

We remove a naval blockade. We waive export Iran crude oil sanctions. We release 24 billion in frozen funds. We facilitate $300 billion for reconstruction economic development in the Islamic Republic of Iran. We terminate all types of sanctions and we allow after 60 days for Iran to charge fees and international waters for passage. What kind of message does that send to Russia? (04:55–05:05)

CLAIM

Asserts that the U.S. is facilitating $300 billion for reconstruction and economic development in Iran.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Steny Hoyer

“We have spent apparently somewhere in the neighborhood of 79 billion over the last four months for an effort in Iran.”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 03:27-03:39
“We remove a naval blockade. We waive export Iran crude oil sanctions. We release 24 billion in frozen funds.”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 04:41-04:55
“There is no 302. There is no budget.”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 00:43-01:01
“There is no pay for for this bill because there is no 302.”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 01:14-01:18
“We terminate all types of sanctions and we allow after 60 days for Iran to charge fees in international waters for passage.”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 05:05-05:20
“Underfunding the civilians who are so critically important to our defense effort in the Pentagon and in other agencies in government is a…”
Hoyer: Underfunding Civilians Who are Critically Important to Our Defense Effort is a Big Mistake | Uploaded June 24, 2026 | 06:24-06:56