Roy Cooper: “So pay-as-you-go, the policy of only allowing new spending or new tax cuts if we can find the savings somewhere else…”

“So pay-as-you-go, the policy of only allowing new spending or new tax cuts if we can find the savings somewhere else, that is a proven remedy to our problems; and that is really what we are asking for. The Blue Dogs have a policy statement that was issued today encouraging Members to only vote for the debt ceiling increase if it contains the essential budget reforms of pay-as-you-go. So I hope all Americans will watch this debate carefully. Sadly, as the Members know, this debate is only taking place after the election when it is too late for many of our fellow citizens to cast their vote based on these facts, and they will probably have this vote not as a separate vote but rolled into a larger issue.”