Articles related to PAYGO

Gordon: Federal Spending Patterns Can’t Continue
Gordon: Federal Spending Patterns Can’t Continue
WASHINGTON – This week the U.S. House will take an important step towards reducing federal spending by passing H.R. 2920, the Statutory Pay-As-You-Go Act (“PAYGO”). This legislation re-establishes the principle responsible for budget surpluses at the end of the 1990s, which required that any new spending by Congress be offset with a reduction in existing spending.
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