JON EWALL profile image 46

PAY-GO LAW ,President Obama and Congress where does the money come from ?


On 2/13/10,President Barack Obama is hailing pay-as-you-go BUDGET legislation he signed Friday night as one in a series of crucial steps needed to snap Washington out of a destructive pattern of overspending. The PAYGO compels NEW spending or tax changes to not add to the federal deficit. Under the PAYGO rules a new proposal must either be "budget neutral" or offset with savings derived from existing funds. CONGRESS needs to follow the law.

 

sort by best latest

joer4x4 profile image76

joer4x4 says

You can help the HubPages community highlight top quality content by ranking this answer up or down.

5 years ago
 |  Comment