PayGo Already Being Bypassed
The Fraud And Lies Of Democrats
The socialist Democrats are seeking to bypass PayGo to enact parts of their job-creation agenda. Socialist Barack Hussein Obama signed PayGo last week. SpeakNowAmerica on February 14th had an article that PayGo is a fraudulent lie.
This year, facing record deficits and a debt that has exceeded $12 trillion, Democrats touted the new PayGo requirements as a necessary step to get spending under wraps. Obama signed the pay-go bill into law on Feb. 12 and Democrats are ready to waive those requirements to help get the economy going.
Democratic leaders said extensions of unemployment insurance and COBRA healthcare benefits should be emergency spending that isn’t subject to the pay-as-you-go statute, which requires new non-discretionary spending to be offset with spending cuts or tax increases.
Senate Majority Leader Harry Reid (D-Nev.)is also pushing for emergency extensions of the unemployment and COBRA benefits not subject to pay-go requirements. “He believes that providing assistance to families who have suffered a job loss is critical to getting the economy back on track,” said Reid spokeswoman Regan LaChapelle. “Extending unemployment compensation and COBRA health insurance premium assistance are important for these families and certainly meet the definition of ‘emergency spending’ contemplated in the pay-go legislation.”
Republicans voted en masse against the pay-go legislation, criticizing Democrats for including language that would allow exemptions to it. Senator Judd Gregg (R-NH) said Democrats’ move to bypass PayGo using emergency exemptions proves that the pay-go law is just a “political statement, not a substantive event.”
“They continue to claim some sort of fiscal discipline ... when in fact they basically keep spending money like drunken sailors,” Gregg said.
Former Representative Charlie Stenholm (D-TX), a fiscally conservative Blue Dog and longtime champion of PayGo, said job-creation legislation should contain no exceptions to the PayGo restrictions. He urged lawmakers to find spending cuts to offset any new costs.
“You can find there are so many places in discretionary spending that have been increased tremendously over the last two three four years that can be cut,” said Stenholm, now a member of the Peterson-Pew Commission on Budget Reform and senior policy adviser at Olsson Frank Weeda.
The economy is horrible and the socialist Obama / Democrats economic stimulus is a total failure. The unemployed need help. The point is this PayGo is one more fraud lie of Obama and Democrats. PayGo is another feel good bill passed to make Obama and the Democrats look like they care.
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