H.R.2920 - Statutory Pay-As-You-Go Act of 2009

To reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration. view all titles (2)

All Bill Titles

  • Official: To reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration. as introduced.
  • Short: Statutory Pay-As-You-Go Act of 2009 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Comments Feed

mickeynelson 07/24/2009 9:04am

This so called PAYGO is like closing the Barn Door AFTER the cow got out!
Where is the Fiscal Responisble members of Congress?
No one reads legislation anymore, look at what they passed for Bank Bail-outs, No one included Compensation to Executives or Bonuses in the legislation, Obama “SAID” “We got to do this NOW” IT DID NOT DO ANYTHING to help the Taxpayers AT ALL!
Look at how much the bonuses are NOW After the so-called Bail-out!

jonathanprather 07/22/2009 10:50pm

If this bill would actually restrain Congress’ spending I would throw my full support behind it. This bill does not accomplish that however, and is in fact a guise for higher taxes to chase the higher spending that Democrats are proposing. If the Dems get their massive health care bill passed, there is no way to offset that in the budget. Moreover, the most poignant use of deception in the bill is that the “PAYGO” rules will not apply to discretionary spending – %40 percent of the federal budget.


Vote on This Bill

57% Users Support Bill

20 in favor / 15 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC

Top-Rated Comments