The PAYGO rule was adopted for 5 years, renewed again for 5 years in 1997, and expired in 2002, and has not been renewed. But for the PAYGO rule, the tax cuts that were passed in the early 2000 period by the Bush administration could not have come to the House floor.
Discussing the history and impact of the PAYGO rule on tax cuts during the early 2000s.
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This year, Congress has passed and the President has signed into law a $787 billion recovery package to spur demand and create 3 million new jobs.
I think it is a widely held view that all of those actions have had positive effects on the economy.
We convene today to review the state of our economy, a dismal state, and its interaction with the budget.
This bill will authorize the Rural Utilities Service to make loans to rural electric co-ops so that the co-ops, in turn, can make loans to families and small businesses for energy conservation and efficiency measures that meet Federal…
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