Be INFORMED

Saturday, January 06, 2007

Dems Invoke Pay as You Go

    In the second day with the House now under Democratic control, they took on new rules aimed at the deficit spending and more accountability when it comes to pork spending.

   With the new rules in affect, the House is required to pay for any proposal to cut taxes or increase spending on the most expensive federal programs by raising taxes or cutting spending elsewhere. WaPo for more!

The vote: 280  said 'yes',152  said 'no' 

48 Republicans voted yes on the rules

Robert L. Bixby, executive director of the Concord Coalition,"It's important that they passed a pay-go rule because they're setting a standard for themselves. This is a way of saying 'There's a new sheriff in town' and 'We're going to be fiscally responsible. But, now, they're going to have to figure out how to live up to that standard. And that's going to be pretty tough."    The Story

 

Technorati tags: ,

 

Ads by AdGenta.com

0 Comments: