House Leaders: Oil Keeps Flowing, Money Drying Up in U.S. Economy

House leaders John Boehner and Steny Hoyer on This Week.

In an EXCLUSIVE "This Week" debate, House Minority Leader John Boehner, R-Ohio, and House Majority Leader Steny Hoyer, D-Md., discussed the budget, the oil spill in the Gulf, Israel and looked toward the elections in November. There were some sparring between the two leaders, but also something much stranger: agreement.

"BP has not been accurate in its representations. It has been misleading ... [and] what has happened is outrageous, and the American public are, correctly, very, very angry," Hoyer said.

"Well, Steny, guess what? I agree wholeheartedly with you," Boehner said. "The American people want this oil leak stopped now.

"They want to know what happened. They want the Gulf cleaned up. And they want it all done now," the House Minority leader said. "I just think that BP ought to be held responsible for all of the costs that are involved in this."

VIDEO: Steny Hoyer and John Boehner on "This Week"
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Boehner explained he wanted to change to current law so that BP would be responsible not just for the cost of cleanup but also for more economic damages than current law allows.

"I think lifting the liability cap on BP and for this spill is appropriate," Boehner said.

"This Week" host Jake Tapper asked, "So lift it entirely for BP?"

"Absolutely," Boehner said. "They should be held responsible for every dime of this cost."

'Spending Fatigue' on the Hill

VIDEO: Bill Gates on "This Week"
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Tapper asked the leaders about a letter released by President Obama Saturday which called for swift passage of a $50 billion aid package for states and local governments. Tapper asked if Hoyer would be able to pass the bill given the current attitude toward spending on Capitol Hill.

"It's accurate that there's spending fatigue, not only on Capitol Hill, but around the country," Hoyer said. "People are concerned about the debt level, and we are, as well.

"What the president is saying is, we need to expend additional dollars to make sure that we don't have significant layoffs in the next few months, which will again depress the economy," Hoyer said.

The House Majority leaders indicated the president hoped to find the money from the $787 billion stimulus act passed early last year.

VIDEO: The Roundtable on the Oil Spill
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As Debt Level Rises, Americans More Concerned About Livelihood

"Listen, I'm concerned about the plight of teachers, firemen, policemen who face the real possibility that they may be laid off," House Minority Leader Boehner said.

"The fact is that the spending spree in Washington is continuing to run unabated," he said. "The American people are screaming at the top of their lungs, 'stop!' And -- and to move this without finding other offsets in spending, I think, is irresponsible."

Hoyer said he hoped the cost of the bill could be offset with spending cuts.

Predictions for 2010

VIDEO: The Roundtable on the Primaries
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Looking ahead to November, the two House leaders predicted the outcome of the 2010 midterm elections for the House.

"History says we're going to lose a few seats, but we're going to retain the House," Hoyer said with a smile. "We're going to keep the House."

Boehner said, "Our goal is to take the majority in the House ..."

Host Jake Tapper pressed, "Not your goal -- what's going to happen? Prediction, prediction!"

VIDEO: Remembering Those Who Have Died
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"We've got a hundred seats in play," Boehner replied. "We've got a real shot of winning the majority so that we can put a check on this administration and all the spending that's out of control here in Washington, D.C."

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