Remarks at the Pentagon in Arlington
01/04/2012
https://www.presidency.ucsb.edu...
I am pleased that the House of Representatives has passed Statutory Pay-As-You-Go (PAYGO) into law.
I look forward to working with them in the years ahead.
That wasn't why we were elected.
Mandatory spending increases and tax cuts must be paid for; they're not free, and borrowing to finance them is not a sustainable long-term p...