Wednesday, June 10, 2009

PAYGO


President Obama urged CONgress to pass "pay-as-you-go" legislation.

PAYGO requires any new tax cut or automatic spending program to be paid for within the budget.

Obama said, "Paying for what you spend is basic common sense. Perhaps that's why, here in Washington, it has been so elusive."

Common sense isn't so common, and the scientific community is united in that fact, also it doesn't apply to his health care plan.

Obama-proposed budget rules allow deficits to swell to pay for health care plan

Keep this in mind...

The White House has forecast a budget deficit for this year of $1.84 trillion, more than four times last year's all-time high.

All accomplished in less than five months on the job.

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