Politics, economy may hamper effects of PAYGO proposal

Detroit Free Press by Chuck Raasch | Jun. 11, 2009 (News Analysis)

For most American families, matching income with expenditures is a no-brainer. But not for a government that has run up more than $10 trillion in debt and is slated to gush a record $1.8 trillion in red ink this year. Full Story »

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Subjects: U.S., Politics, Business, Living
Topics: U.S. Budget, U.S. Congress, Obama Administration, Money
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Posted by: Posted by Derek Hawkins - Jun 11, 2009 - 11:46 AM PDT
Reviewed by: Derek Hawkins (review)
Content Type: Article
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Edited by: Derek Hawkins - Jun 11, 2009 - 11:48 AM PDT
Related Comments: Obama Administration (3)

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Derek Hawkins
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 by Derek Hawkins - Jun. 11, 2009

Republicans complain the proposal covers only mandatory spending, and that discretionary spending — like the $787-billion stimulus bill passed earlier this year ... More »

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  • Obama's Pay-Go Flameout

    Newsweek by Robert J. Samuelson | Jun. 11, 2009 (Opinion)
    (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 ...
    Posted by Derek Hawkins
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