PAYGO Essential to Achieving Progressive Issues

For Immediate Release:

November 18, 2009

Contact:Katie Grant
Stephanie Lundberg
(202) 225 - 3130

There is a common misconception that fiscal discipline is only a conservative position. In fact, PAYGO has long been supported by progressive members of Congress. They are well-represented among the more than 160 House Democrats who already co-sponsored and voted in favor of the legislation.  In the 1990s, the Clinton Administration turned deficits into record surpluses due in large part to adhering to PAYGO. However, under President Bush and Congressional Republicans, PAYGO was waived and allowed to expire so that they could pass debt-financed tax cuts for the wealthy that wiped out those surpluses. Democrats understand that paying for what we buy is crucial not only to roll back deficits, but to achieve additional progressive goals for all Americans.
 
 
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