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  • Ryan Discusses Budget Debate on NPR
    Posted in In Case You Missed It on April 12, 2013 | Preview rr
    Tags: PAYGO

    House Budget Committee Chairman Paul Ryan of Wisconsin talked with NPR’s David Green about this spring’s budget debate and possible areas of agreement to get a down payment on the debt. Highlights are below and the full interview can be found here. The President’s budget fails to act on our spending problem: “With a net spending increase of about $1 trillion, resulting in only $119 billion of deficit reduction to begin in year 2020 -- four years after he has left office -- I hardly see this as c... Read more

  • The Illusions of Pay-GO
    Posted in HBC Publications on July 29, 2010 | Preview rr
    Tags: PAYGO

    When Democrats claimed the congressional Majority in the 110th Congress, the House Leadership promptly installed a “pay-as-you-go” rule they pledged would ensure “no more deficit spending.” When President Obama signed a pay-as-you-go statute in February this year, he declared: “Now, Congress will have to pay for what it spends, just like everybody else.” In whatever form, however, pay-as-you-go has failed to prevent an explosion of deficit spending over the past 3½ years; and when enforced, the ... Read more