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President’s PAYGO Proposal is Unworkable

 Posted June 9th, 2009 at 2.12pm in Ongoing Priorities. President Obama today is promoting a Pay-as-You-Go (PAYGO) statute requiring that tax cuts and entitlement expansions be collectively deficit-neutral. Congress is likely to take up the proposal later this month. Since 2007, Congress has had a PAYGO rule mandating that each new tax and entitlement bill be […] Continue reading →