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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (77656)	2/18/2010 5:34:07 AM
From: Sully-	Read Replies (1) \| Respond to of 90947

Pay-Go a No-Go on 'Jobs' Bill Daniel Foster The Corner New “Pay-Go” spending rules — which would require Congress to offset new spending with tax increases or cuts elsewhere — that were signed into law just last week are already being side-stepped by Congressional Democrats eager to pass a second stimulus bill. Democrats are strongly leaning toward passing new extensions of unemployment and COBRA insurance as "emergency spending" measures exempt from pay-as-you-go: <<< “Assistance to unemployed workers during periods of high unemployment are always classified as emergencies,” a House Democratic leadership aide said. “That’s why they were done that way under the [House] jobs bill passed in December — while everything else in the bill was paid for.” >>> All told, about half of the House jobs bill would be paid for as emergency spending — with the rest financed by redirected TARP funds. corner.nationalreview.com