PAYGO & CUTGO
Latest
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Congress Should Reinstate and Strengthen PAYGO Rules
For Immediate Release Recently, House Minority Leader Nancy Pelosi and Minority Whip Steny Hoyer called for reinstating pay-as-you-go (PAYGO) rules in...
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Maya MacGuineas: An Opportunity to Improve the Tax Bill While Replacing the PAYGO Sequester
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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How PAYGO Rules Could Affect Tax Reform
Most of the discussion about rules that could prevent tax reform from increasing the deficit has focused on the Byrd Rule. Congress could get around...
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Pay-as-you-go: An Important First Budget Step
Today, President Donald Trump released his first budget outline calling for an increase in defense spending. The following is a statement by President...
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How the House Trade Bills Abide by PAYGO
Big economic policy news came last week when lawmakers announced a bipartisan agreement (H.R. 1890) to revive Trade Promotion Authority in order to...
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PAYGO or No-Go: An Easy Way for Congress to Improve the SGR Bill
There's a simple way to make the $141 billion House-passed Medicare Sustainable Growth Rate (SGR) bill more fiscally responsible: don't exempt it from...
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PAYGO Kudos to the President's Budget
The President's budget follows the important budget principle of PAYGO, responsibly identifying tax and spending offsets sufficient to pay for new...
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The Better Budget Process Initiative: Improving Focus on the Long Term
For additional budget process resources including specific options for reform, visit our Better Budget Process Initiative home page. The budget...
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Yes, Tax Cuts Increase the Debt
With Congress set to retroactively revive the tax extenders for the past year at a cost of $42 billion, our president, Maya MacGuineas, published a...
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Tax Extenders Deal Violates the Budget Act, Adds to Debt
The House approved last night a deficit-increasing one-year tax extenders package. After a correction by the Joint Committee on Taxation, the updated...
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The Worst Lame Duck Ideas That Can Add $1.5 Trillion to the Debt
Policymakers are considering using the lame duck session to substantially worsen the nation's budget. A commonly discussed package would add...
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Congress Must Abide by PAYGO for Upcoming Legislation
Congress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...