PAYGO & CUTGO
Latest
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Lawmakers Must Abide by PAYGO...Here's Why
In recent weeks, we've used our blog to call for strict adherence to pay-as-you-go (PAYGO) principles for extending emergency unemployment benefits...
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A Special 10/40
In the spirit of Tax Day today the Bottom Line presents its own special “10/40” (don’t worry; we aren’t filing this with the IRS). Just saying the...
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Sen. Franken Introduces Measure to Pay for Future Wars
Today, Sen. Al Franken (D-MN) introduced legislation to require Congress to offset war costs with other tax or spending changes. The bill, the Pay for...
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PAYGO Annual Report Shows Glaring Exemptions
OMB recently released an annual report on PAYGO, showing the budgetary impacts of PAYGO legislation, current policy exemptions, and exemptions for...
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House Takes Early Steps on Deficit Reduction
The 112th Congress has moved quickly to signal a new focus on fiscal responsibility and attention to our ballooning national debt. As Congress...
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House Set to Pass New Rules
Last night, the House Republican conference approved a new set of rules -- making some big changes to several budgetary rules currently in place. The...
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Have No Fear, CRFB Is Here!
Noted economist Brad DeLong is asking: where are the technocrats of the center? In a recent blog post, he laments the lack of a concrete plan among...
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Pay As You Go and the Tax Cuts
Continuing in our discussion of (what we believe to be the most important!) Ten Questions to Ask the Candidates leading up to this coming Tuesday's...
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‘Line’ Items: (Fiscal) New Year’s (Lack of) Resolutions Edition
Should Old Performance be Forgot, and Never Brought to Mind? – The new fiscal year (2011) began on Friday. Instead of imbibing in champagne, CRFB...
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The Importance of PAYGO
The Wall Street Journal reports that a package of tax extenders might have a harder time getting by the PAYGO regime. Since the planned offsets were...
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Keep Your Eye On the Deficit, Say 58 Democrats
A few days after Senate Republicans jumped on board the Sessions-McCaskill bandwagon, 58 House Democrats called for greater restraint of spending and...
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Steny Hoyer on Everything Fiscal
In remarks at the think tank Third Way, House Majority Leader Steny Hoyer covered the bases in talking about our deficits and debt. Among the topics...