PAYGO & CUTGO
Latest
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Coburn, Baby, Burn
The Hill reports that Senator Tom Coburn (R-OK) has promised to block all future spending bills that are not fully “paid for.” He currently is leading...
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Senate Approves Safety Net and Tax Break Extensions
The Senate has just approved, by a 62-36 vote, HR 4213, which extends unemployment compensation and COBRA benefits for the unemployed, along with many...
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Don't Circumvent PAYGO on Jobs Bill
The CBO released an updated cost estimate* of the Senate jobs bill yesterday. This larger bill calls for further increased funding for unemployment...
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‘Line’ Items: A Lonely Road, Paying for Jobs
Highway to Nowhere – Sen. Jim Bunning (R-KY) has blocked a vote on temporarily extending unemployment and COBRA benefits, the Medicare “doc fix” as...
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CBO Scores Second Senate Jobs Bill
Today, Senate Majority leader Harry Reid introduced a second jobs bill, following the first $16 billion jobs bill (-$1.1 billion 11-year deficit...
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‘Line’ Items: Commissions, Summits, Caps and Dogs
Commission Coming – The White House says President Obama will create a fiscal commission by executive order within days. Meanwhile, Republicans still...
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Budget Reform Proposals in the President's FY 2011 Budget
Although our initial analysis of the President's Budget focused on his ten-year budget plan, the Budget itself includes much, much more. Nestled in...
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Blue Dogs Seek to Take a Bite Out of Spending
The Blue Dog Democrats, fresh off of attaining long-sought statutory PAYGO rules, are now setting their sights on capping discretionary spending. They...
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‘Line’ Items: Washington Activities Affecting the Bottom Line
No Limit to Ploys in House Rules – The House raised the debt limit to $14.3 trillion on Thursday using a procedure that allowed members to approve the...
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No Deficit of Politics in Debt Limit Vote
Like peanut butter and jelly, diet and exercise, and bourbon and bacon (or is that just us?) PAYGO and spending caps are best when together. You...
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The State of the Union is...
Yesterday, President Obama gave his first official State of the Union address, outlining his agenda for the rest of the year. We watched the speech...
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Blue Dogs Join the Call for Fiscal Reform
Today, the Blue Dog coalition released its blueprint for fiscal reform. The group, comprised of moderate and conservative Democrats, has long been...