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PAYGO has already been in place - and ignored - for most of the last two decades. From 1991 through 2002, PAYGO existed as a statute. The White House would keep a running scorecard of all newly ...
Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.
PAYGO was waived or ignored 15 times in the 110th Congress and another 17 occasions so far in the 111th Congress. Examples include major pieces legislation such as the economic stimulus and Obamacare.
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The New Republic on MSNMedicaid Cuts? Yes. But the GOP Is Quietly Cutting Medicare, Too.Of course, Congress can act to block the Medicare cuts, something it has done in the past. But radical Freedom Caucus ...
Obama argued that the absence of the so-called PAYGO requirement made it too easy for President George W. Bush and lawmakers to run up spiraling deficits in recent years.
In January, the Senate joined the House in passing "pay-as-you-go" rules to require Congress to pay for new discretionary spending. On Feb. 12, President Obama signed the bill. "Now Congress will ...
President Obama is establishing a reputation for misrepresenting his own policies. He promoted his "stimulus" bill as an immediate, anti-recessionary cash infusion, even though most spending won't ...
Rep. John Tanner (D-Tenn.) added that PayGo is “not a pipe dream. It’s a necessity.” And Rep. Stephanie Herseth Sandlin (D-SD) called PayGo “an important took that Congress must reinstate.” ...
Table 1 also includes exclusions resulting from current policy adjustments specified in the Statutory PAYGO Act, emergency designations, the CLASS Act, and the repurposing of prior emergency spending.
PAYGO first became law in 1990, as a way to rein in the deficits of the 1980s. But Presidents Bill Clinton and George W. Bush waived the law during periods of major economic growth.
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