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If you rely on Medicare (or know someone who does) recent changes in Washington could soon affect your access to care. While ...
The Republican-led 'One Big Beautiful Bill' could lead to automatic spending cuts, slashing up to $550 billion from Medicare ...
Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.
The deficits caused by the tax bill would the trigger the Statutory Pay-As-You-Go Act of 2010 and force billions in cuts to Medicare. However, Congress can block the implementation of the cuts.
The PAYGO budget rule has been rendered nearly meaningless by both parties. After three full decades of on-again, off-again use, PAYGO has utterly failed to prevent the national debt from ballooning.
PAYGO has already been in place - and ignored - for most of the last two decades. From 1991 through 2002, PAYGO existed as a statute. The White House would keep a running scorecard of all newly ...
President Obama is establishing a reputation for misrepresenting his own policies. He promoted his "stimulus" bill as an immediate, anti-recessionary cash infusion, even though most spending won't ...
Statutory PAYGO calls for the creation of a “PAYGO scorecard.” 10 When new legislation is enacted, its estimated costs or savings in each of the next 10 years are entered on a scorecard.
Both versions of PAYGO have been popping in and out of existence over the last few decades. The federal law was first established in 1990, then allowed to expire in 2002. Congress passed a new ...
In last year’s budget deal, the Fiscal Responsibility Act, Republican negotiators insisted on the inclusion of an 18-month-long provision called Administrative Pay-As-You-Go (PAYGO), intended to ...