PAYGO & CUTGO
Latest
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PAYGO or No-Go: An Easy Way for Congress to Improve the SGR Bill
There's a simple way to make the $141 billion House-passed Medicare Sustainable Growth Rate (SGR) bill more fiscally responsible: don't exempt it from...
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PAYGO Kudos to the President's Budget
The President's budget follows the important budget principle of PAYGO, responsibly identifying tax and spending offsets sufficient to pay for new...
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The Better Budget Process Initiative: Improving Focus on the Long Term
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. The budget...
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Yes, Tax Cuts Increase the Debt
With Congress set to retroactively revive the tax extenders for the past year at a cost of $42 billion, our president, Maya MacGuineas, published a...
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Tax Extenders Deal Violates the Budget Act, Adds to Debt
The House approved last night a deficit-increasing one-year tax extenders package. After a correction by the Joint Committee on Taxation, the updated...
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The Worst Lame Duck Ideas That Can Add $1.5 Trillion to the Debt
Policymakers are considering using the lame duck session to substantially worsen the nation's budget. A commonly discussed package would add...
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Congress Must Abide by PAYGO for Upcoming Legislation
Congress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...
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Repatriation Tax Holiday Doesn't Work As a Highway Trust Fund Offset
With the Highway Trust Fund (HTF) running low and the threat of disrupting highway construction later this summer, lawmakers are scrambling to come up...
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Senate Moves Forward on Increasing Deficit with Tax Extenders
The Senate is moving forward with tax extenders legislation, renewing a variety of breaks that expired at the end of last year for research, small...
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Adding "TRUSTGO" to PAYGO Would Improve the Debt Situation
We have always have been proponents of paying for the costs of policies such as the tax extenders and doc fixes, since doing so would make a...
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President's Advisors Recommend Veto of Unoffset Tax Bill
The White House issued a Statement of Administration Policy (SAP) yesterday in opposition to the extension and expansion of the Research &...
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Understanding the Difference Between Temporary and Permanent in Budget Scoring
This week, Congress will continue to deliberate if and how to continue the “ tax extenders” which expired at the end of 2013. In doing so, both the...