Democrats have taken action to restore fiscal responsibility in order to reverse years of reckless spending under the Bush Administration, and restoring PAYGO is a central part of that effort. Last week, House Democrats introduced President Obama’s “Statutory Pay-As-You-Go Act of 2009” with more than 160 cosponsors, and it is expected to be brought to the Floor in July. However, while Democrats continue to work with President Obama to restore budget discipline, Republicans are ignoring their recent record and attempting to claim the mantle of fiscal responsibility.

 

Click here to read more about how Democrats are re-establishing fiscal discipline to reverse years of failed Republican policies and help us invest sustainably in our most important priorities.