Statement by James Horney Director of Federal Fiscal Policy On Reinstatement of the Pay-As-You-Go Rule
U.S. Newswire, January, 2007
To: POLITICAL EDITORS
Contact: Michelle Bazie of the Center on Budget and Policy Priorities, 1-202-408-1080 or bazie@cbpp.org
WASHINGTON, Jan. 5 /PRNewswire-USNewswire/ -- The following is a statementby James Horney, director of Federal Fiscal Policy,on reinstatement of the pay-as-you-go rule:
Today's House vote to reinstate the pay-as-you-go rule marks asignificant and welcome first step in restoring the fiscal disciplinethat has been sorely lacking in Washington.
During the 1990s, a similar pay-as-you-go rule proved to be an importanttool in turning deficits into surpluses. Reinstating pay-as- you-go does notguarantee that the new Congress will always operate in a fiscally responsiblemanner, but it does indicate that congressional leaders recognize the...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
