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GOP-backed legislation triggers automatic Medicare cuts under PAYGO, risking healthcare access for seniors and disabled Americans.
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 ...
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 ...
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 ...
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 ...
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.
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 ...