(Blog Post) If President Obama thought he'd score some easy political points by endorsing new PAYGO legislation to control deficit spending, he was sadly mistaken. Although PAYGO--budget-speak for "pay-as-you-go"--seems to limit Congress' ability to cut taxes or raise spending, the initial reviews were unkind and sometimes harsh. Full Story »
Posted by Derek Hawkins
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Makes Obama's push for a PAYGO plan look like a politically naive mistake, but doesn't provide adequate background to familiarize us with the process enough to make the most compelling case. Not a bad story -- quotes Republicans and Democrats and provides some context -- but I wish there was more here.
PayGo is one of concepts that sounds great on paper—but means much less in practice. Under the PayGo law that was in effect from 1991 to 2002, Congress was required ... More »
Interesting overview of the controversy over the new "pay-as-you-go" legislation endorsed by President Obama. This short analysis draws on factual evidence to back its points and presents views from across the political spectrum.
Mediocre lede followed by an amazing quote. It's a good look at how Congress is doing a poor job of policing themselves.
*sigh* It's amazing how inept our congress is – they propose a bill which they claim will force them to be less inept, get the president to ... More »
“This is like qutting drinking, but making an exception for beer and hard liquor,” said Maya MacGuineas, president of the Committee for a Responsible Federal ... More »
Pay as you go is political theater, but if you favor fiscal responsibility, one would advocate it rather than ridicule it.
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