Home arrow Program Guide arrow Lawmakers Install PAYGO

Lawmakers Install PAYGO

2007-01-05

As part of their ethics and rules package which passed Congress today, lawmakers installed PAYGO. It’s a fiscal policy in which they’ll spend only the money they have in the bank. PAYGO is one part of the Democrats plan to regain fiscal responsibility in Washington. As Leigh Ann Caldwell reports, fiscal rigidness is expected for entitlement programs, but questions remain on how strict democrats will be with the budget for the war.

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