Pay-as-You-Go (PAYGO) (

From the Congressional Glossary – Including Legislative and Budget Terms Pay-as-You-Go (PAYGO) photo credit: lobo235 A budgetary enforcement mechanism, a process by which direct spending increases or revenue decreases must be offset so that the deficit is not increased or the surplus reduced. A statutory PAYGO requirement was in effect from 1991 through 2002; the … Read more