Obama's Pay-Go Flameout
(Blog Post) If President Obama thought he'd score some easy political points by endorsing new PAYGO legislation to control deficit spending, he was sadly mistaken. Although PAYGO--budget-speak for "pay-as-you-go"--seems to limit Congress' ability to cut taxes or raise spending, the initial reviews were unkind and sometimes harsh. Full Story »
Posted by Derek Hawkins
Pay as you go is political theater, but if you favor fiscal responsibility, one would advocate it rather than ridicule it.