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- PAYGO: Pay-as-you-go http://blog.newsweek.com/blogs/wealthofn...
- Would require Congress to "balance any increased spending by equal savings elsewhere" http://www.cnn.com/2009/POLITICS/06/09/o...
- June 9, 2009: Proposed my President Barack Obama http://www.cnn.com/2009/POLITICS/06/09/o...
- 1990 - 2002: A law, known as "Paygo", that required "tax cuts or new entitlement spending be paid for through budget cuts or tax increases" http://www.nytimes.com/2009/06/10/us/pol...
- President Obama described the principle behind his 2009 proposal as: “Congress can only spend a dollar if it saves a dollar elsewhere.” http://www.nytimes.com/2009/06/10/us/pol...
- Would not solve the federal deficit but might prevent it from increasing http://www.nytimes.com/2009/06/10/us/pol...
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PAYGO refers to a proposal by President Obama to make "pay-as-you-go" rules for federal spending into a law.
President Obama presented his proposal on June 9, 2009 and it now awaits Congressional approval. According to CNN, PAYGO would require Congress to "balance any increased spending by equal savings elsewhere."CNN: Obama proposes making 'pay-as-you-go' the law (June 9, 2009)
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Exemptions-Loopholes in Proposal
- 2001/2003 President Bush tax cuts would be renewed
- The Alternative Minimum Tax (AMT)
- Updating doctors' Medicare payments
- Changing estate taxNewsweek: Obama's Pay-Go Flameout (June 10, 2009)
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Paygo News
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How pay-go goes down at agency level - 8:40
When Congress decides to reign in spending, it invokes the Pay As You Go rule. That means any new spending by Congress must be offset by new revenue or cuts ... (February 10, 2010)FederalNewsRadio.com -
Paygo Pelosi gets assist from Bill Clinton as deficit heats up
George Miller and Speaker Nancy Pelosi, to tout the new statutory PAYGO budget rule that Democrats are about to send to President Obama as part of a $1.9 ... (February 04, 2010)San Francisco Chronicle (blog) -
House Approves Record Debt Ceiling Increase, Reinstitutes Pay-go Regulations
The House voted last week to approve "pay-as-you-go" legislation, which requires Congress to offset tax cuts or the funding of new programs by first ... (February 09, 2010)Personal Liberty Digest -
Medicare physician pay fix not bound by new 'pay-as-you-go' rules
Newly approved “pay-as-you-go” budget rules contain an important exception: They allow Congress to delay a pay cut for Medicare physicians for a number of ... (February 08, 2010)McKnight's Long Term Care News
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Paygo Links Powered by Google
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PayGo - Windows & Mac POS | Retail Point of Sale Software
Mac POS (Point of Sale) Retail Software that also runs on Windows as a POS solution.christianjames.net
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Mahalo Answers for Paygo
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Is Boostmobile.com's pay-as-you-go phone plan really as simple as it looks? 4 AnswersYes, it is simplest of the PAYG plan. But it does say that your credit balance will expire if you dont recharge every 90 days. read below. But 90 days is better... read more
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Featured Mahalo Topics
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On Twitter powered by Twitter
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@o2 - if I get a PayGo SIM card, can I use the same SIM card for both Contract AND PayGo with ONE number?? ie if I pay £50 a month AND PayGo
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RT @askgeorge: The House votes today on statuary "pay-as-you-go" (PAYGO) legislation - http://go.usa.gov/l5b http://bit.ly/cR9ncp
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Anyone else on Rogers Paygo and mysteriously have their cell time changed to five hrs ahead? Gah! So much for doubling as alarm clock...
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SME recruiters 2 benefit from PAYGO adverts http://bit.ly/fLzqj
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Pay-as-you-go(PAYGO)원칙:새로운 재정지출이나 재정수입 감소가 적자를 확대시켜서는 안된다는 원칙/2002년에 기한이 말료된 PAYGO원칙을 공화당이 연장하지 않음으로써 부시행정부의 감세와 재정지출 증가를 지원
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