PAYGO & CUTGO

This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax breaks...

July 24 - This week the House passed statutory PAYGO legislation requiring spending and tax cuts to be offset in a deficit-neutral fashion. While this...

Today, the House of Representatives passed statutory pay-as-you-go (PAYGO) legislation, which would require that all new mandatory spending and tax...

Yesterday, President Obama announced his support for enacting statutory pay-as-you-go (PAYGO). Under the President's proposal, OMB would maintain a...