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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)
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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PAYGO and pretend fiscal responsibility
Congress did operate under self-imposed PAYGO rules during FY1991-FY2002, and frequently skirted them. The statute was then allowed to expire. ... (November 23, 2009)Reuters Blogs (blog) -
Health care bill will help reduce national deficit
... passing tax breaks for the wealthy under President George W. Bush and turning a budget surplus and "pay-go" budget into a massive deficit. ... (November 28, 2009)Albany Times Union -
House Health Care Reform Adds $89 Billion to Debt When Medicare Adjustments ...
Pelosi, meanwhile, said the “doc fix” bill would include the “pay as you go” or PAYGO rule, which requires Congress to find new revenue or savings to pay ... (November 23, 2009)CNSNews.com -
Home » News» How Low Will New Lawyer Pay Go? As Low as $110K to $130K at Reed ...
How Low Will New Lawyer Pay Go? As Low as $110K to $130K at Reed Smith By Debra Cassens Weiss Reed Smith is cutting billing rates and pay by 20 percent for ... (November 10, 2009)ABA Journal
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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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Paygo Products and Merchandise
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HOKIES HOODED SWEATSHIRT VT LEFT CHEST GRAY 008VT - $24.99
Find the lowest prices on HOKIES HOODED SWEATSHIRT VT LEFT CHEST GRAY 008VT at BizRate. Compare stores & shop for Clothing & Accessories. Read consumer reviews before you buy HOKIE...Shopzilla
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T-Mobile Motorola RAZR V3 No-Contract Cell Phone - Magenta - $69.99
Comparison shop for T-Mobile Motorola RAZR V3 No-Contract Cell Phone - Magenta at BizRate. Compare stores & find low prices on Electronics. Read product reviews before buying a T-M...Shopzilla
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There goes Paygo.(Editorials)(Congress fixes the AMT with borrowed money)(Editorial): An article from: The Register-Guard (Eugene, OR) - $9.95
Amazon.com: There goes Paygo.(Editorials)(Congress fixes the AMT with borrowed money)(Editorial): An article from: The Register-Guard (Eugene, OR): Gale Reference Team: BooksAmazon
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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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On Twitter Powered by Twitter
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“Statutory PAYGO: An Important First Step Toward Fiscal... http://tinyurl.com/ycbyonk
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Wondering which network I should get my iphone on, (paygo) o2 or orange...
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RT @mattyglesias: Pelosi ... outlining interesting idea to frontload infrastructure bill [to meet] PAYGO targets. //CBO wont like this tho
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Pelosi on conf call outlining interesting idea to frontload infrastructure bill & create stimulus that meets medium-term PAYGO targets.
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