Category Archives: pay as you go

President Obama’s Weekly Address: 2/13/10 Pay As You Go

The President, having just signed the “Pay As You Go” law, discusses the importance of this fundamental rule to getting budget deficits in check. Ensuring that new spending and tax cuts are offset was a important factor in creating the budget surplus of the late 1990’s.

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President Obama’s Weekly Address: 1/30/10 Reining in Budget Deficits

The President pledges to rein the deficit, citing three specific steps to this end. He praises the Senate for restoring the pay-as-you-go law, discusses his proposal for a freeze in discretionary spending, and calls for a bipartisan Fiscal Commission to hammer out further concrete deficit reduction proposals.

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Filed under budget deficit, discretionary spending, pay as you go, President Obama, weekly address