Tag: 111-139

Pay-as-You-Go (PAYGO) (CongressionalGlossary.com)

Pay-as-You-Go (PAYGO) (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Pay-as-You-Go (PAYGO) photo credit: lobo235 A budgetary enforcement mechanism originally set forth in the Budget Enforcement Act (BEA), which effectively expired at the end of fiscal year 2002. Under this mechanism, proposed changes in, or new permanent, law were expected to be deficit neutral in […]