The Republican-led 'One Big Beautiful Bill' could lead to automatic spending cuts, slashing up to $550 billion from Medicare ...

Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.

The PAYGO budget rule has been rendered nearly meaningless by both parties. After three full decades of on-again, off-again use, PAYGO has utterly failed to prevent the national debt from ballooning.

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 ...

Both versions of PAYGO have been popping in and out of existence over the last few decades. The federal law was first established in 1990, then allowed to expire in 2002. Congress passed a new ...

Statutory PAYGO calls for the creation of a “PAYGO scorecard.” 10 When new legislation is enacted, its estimated costs or savings in each of the next 10 years are entered on a scorecard.

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 ...

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 ...

PAYGO isn’t a magic wand. The jobs it creates might only be in the hundreds and only directly benefit the contractors who repave roads, install flood controls or fix leaking school roofs.

In last year’s budget deal, the Fiscal Responsibility Act, Republican negotiators insisted on the inclusion of an 18-month-long provision called Administrative Pay-As-You-Go (PAYGO), intended to ...