Good for them and good for them for holding their powder until in power and not allowing Republicans to co-opt their agenda....now its the Republicans who look dated and in the past.
http://www.muskogeephoenix.com/opinion/local_story_010172634.html
Re-implementing the pay-as-you-go approach to setting the federal budget stands as the most significant accomplishment of the first week of the 110th Congress. The so called “PAYGO” approach requires that tax cuts or increased spending on mandatory programs be offset with other cuts or tax increases to keep the federal deficit in check. This rule existed in some form from 1990 to about 2002, when a Republican Congress allowed it to expire.
http://www.miami.com/mld/miamiherald/news/politics/elections/16395777.htm
WASHINGTON - On their second day in power, Democrats led the House of Representatives to vote Friday to curb two types of controversial spending.
One new House budget rule requires lawmakers to attach their names to spending ''earmarks'' for pet projects that traditionally are slipped anonymously into spending bills.
A second rule requires the House to offset any new tax cut with equal cuts in spending to make sure the deficit doesn't swell. It would require the same ''pay-as-you-go'' cash offsets for any new expansion of federal entitlement benefit programs, such as Medicare.
The ''earmark'' disclosure enjoyed support from both sides of the aisle, in part because exploding spending on earmarks was an issue that hurt Republicans in November's elections. But it was packaged with the ''pay-as-you-go'' provision, which many Republicans see as a publicity stunt for the new Democratic majority that they fear will lead to the eventual undoing of President Bush's tax cuts.
The 280-152 vote for the so-called fiscal-responsibility package marked the first major policy split of the two-day-old 110th Congress. Most Republicans voted against it, although 48 joined Democrats in favor.
Wow! are these new Democrats fiscally conservative??? my goodness alot of them said they were.
Democrats said the pay-as-you-go or ''paygo'' provision is needed to clean up five years of irresponsible spending by the Congress and President Bush.
''We will proceed in a fiscally sound way to provide opportunity for our children, not heap mountains of debt on them,'' said House Speaker Nancy Pelosi, D-Calif.
http://www.muskogeephoenix.com/opinion/local_story_010172634.html
Re-implementing the pay-as-you-go approach to setting the federal budget stands as the most significant accomplishment of the first week of the 110th Congress. The so called “PAYGO” approach requires that tax cuts or increased spending on mandatory programs be offset with other cuts or tax increases to keep the federal deficit in check. This rule existed in some form from 1990 to about 2002, when a Republican Congress allowed it to expire.
http://www.miami.com/mld/miamiherald/news/politics/elections/16395777.htm
WASHINGTON - On their second day in power, Democrats led the House of Representatives to vote Friday to curb two types of controversial spending.
One new House budget rule requires lawmakers to attach their names to spending ''earmarks'' for pet projects that traditionally are slipped anonymously into spending bills.
A second rule requires the House to offset any new tax cut with equal cuts in spending to make sure the deficit doesn't swell. It would require the same ''pay-as-you-go'' cash offsets for any new expansion of federal entitlement benefit programs, such as Medicare.
The ''earmark'' disclosure enjoyed support from both sides of the aisle, in part because exploding spending on earmarks was an issue that hurt Republicans in November's elections. But it was packaged with the ''pay-as-you-go'' provision, which many Republicans see as a publicity stunt for the new Democratic majority that they fear will lead to the eventual undoing of President Bush's tax cuts.
The 280-152 vote for the so-called fiscal-responsibility package marked the first major policy split of the two-day-old 110th Congress. Most Republicans voted against it, although 48 joined Democrats in favor.
Wow! are these new Democrats fiscally conservative??? my goodness alot of them said they were.
Democrats said the pay-as-you-go or ''paygo'' provision is needed to clean up five years of irresponsible spending by the Congress and President Bush.
''We will proceed in a fiscally sound way to provide opportunity for our children, not heap mountains of debt on them,'' said House Speaker Nancy Pelosi, D-Calif.