Joint Statement on the Need for Pay-As-You-Go Discipline
Publication Date: October 2007
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Economic projections; Fiscal future; Federal budget; Tax code
The four organizations joining in this statement have come together on a number of occasions in the past to express their concern about the threat that chronic deficits pose, and their support for Pay-As-You-Go rules (PAYGO) to help prevent the deficit situation from becoming worse. We are joining together again today, as lawmakers turn to year-end measures such as extending Alternative Minimum Tax relief, to urge in the strongest possible terms that they keep faith with their commendable pledge to strictly enforce PAYGO.