Good news from the House of Representatives yesterday:
"'Pay-go' vote: The House on Wednesday passed, 265-166, legislation that would reinstate a "pay-as-you-go" statute that requires tax cuts or new benefit programs be paid for with tax increases or cuts to other programs. If the "pay-go" law is broken and new legislation adds to the deficit, automatic spending cuts would kick in to make up the difference. The bill, which now goes to the Senate and is endorsed by President Obama, would help put the government's books in order after an annual deficit that is projected to quadruple this year to more than $1.8 trillion."
Take that, Republicans--who voted it out of our government during those insane days of their rule from 2000 to 2008.
And they say they're for "small government" and keeping government costs in line.
Democrats first put "pay-go" into law, to keep spending down, Republicans took it out and now, Democrats are putting it back into law.
What ought to happen now is that our government decides to never again take this out of our laws. We don't need or want irresponsible spending period or ever again.
It's far weaker than the original plan put into effect in 1990 but it's still an improvement.
We need to push these people harder so they're more responsible with taxes, as we all know.
Link to story:
Friday Night Open Thread
47 minutes ago