Hoyer Discussing Future Policies Under the Principle of Pay-Go on the House Floor

Thu, 11/19/2009
What this bill does is puts statutory Pay-Go into law. He's right. But what he didn't say to you is when their side controlled the Presidency, the House and the Senate, they jettisonned paying for things. They did away with Pay-Go generally, and what happened? We went from substantial surpluses under the Clinton Administration to substantial deficits under the Bush Administration...