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CONGRESSIONAL EARMARK RESOURCES
--- The TCS Wastebasket Fiscal Responsibility Proves Costly -- When the Democrats swept into power last year, they promised to restore fiscal responsibility in Congress. Key to their plan was reestablishing the “pay-as-you-go" or PAYGO rules. This would mean that any new spending increase or tax cut would be offset equally by other spending cuts or tax increases. Both sides of the Hill and both parties have since been playing cynical games with this common sense budgetary principle by sidestepping the rules, which contributes to our nation’s record deficits and skyrocketing debt. The tricks and games to avoid PAYGO are numerous. | |||||||||||||||||
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