SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wayners who wrote (675354)3/16/2005 10:05:07 AM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
The rules they adopted were simple (though I guess there could be different ways to do stuff like this)... it was a resolution they adopted (which required some kind of super-majority to over-turn, I believe) which required that any new spending appropriations above the previous baseline would have to be paid for in the same bill... ie, they would have to show where else in the budget they were going to reduce spending to pay for the new spending (or else where the revenue to pay for the new spending was going to come from).

Equally, any new cuts in revenue would have to be matched with equal cuts in spending, so as to not increase the deficit.

Thus: Pay-as-you-Go (no putting it all on the 'national credit card').
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News