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Senate SCHIP Bill Makes a Mockery of PAYGO Budget Rules

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Publication Date: July 2007

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Brian M. Riedl

Series: WebMemo

Topic: Banking and finance (Public finance)

Keywords: Budget; campaign promise; gimmick; budget rules

Type: Brief

Coverage: United States

Abstract:

Turning their backs on a campaign promise, Senate Democrats have proposed a bill that would put into motion $60 billion in new deficit spending over the next decade.