Four years after Democrats campaigned on the promise of using pay-as-you-go budgeting, their record is dismal. Since gaining control of Congress in 2007, they’ve gamed, ignored or employed PAYGO on 32 ...
Senators voted on March 10 to incorporate Pay-As-You-Go (PAYGO) rules into the FY2005 budget resolution. The House of Representatives is considering a similar PAYGO provision among its budget process ...
The good old days for federal budgets weren’t that long ago. In the 1990s, budget deficits declined. There were three years at the end of the Clinton presidency when the deficits — the annual gap ...
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 rein ...
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 have ...
As digital communications associate, Brandon Stewart blogs for The Foundry, assists with social media efforts, and produces a wide variety of videos. Just last week Congress revived PAYGO legislation ...
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 ...
As the 116th Congress gets underway, the new Democratic majority appears ready to constrain itself before making any real progress in curbing Trump administration abuses. As part of the rules package ...
Budget: Putting the federal budget on a "pay as you go" basis sounds fiscally reasonable, responsible even. But it's nothing of the sort. Rather, it's a gimmick intended to raise Americans' taxes to ...
Matthew Dickerson is the director of the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. President Joe Biden’s $1.9 trillion “American Rescue Plan” was passed under the ...