Politics

Obama Signs "Pay as You Go" Law to Restore Budget

| by The White House

The President, having just signed the Pay As You Go law, discusses the importance of this fundamental rule to getting budget deficits in check. Ensuring that new spending and tax cuts are offset was a important factor in creating the budget surplus of the late 1990s. February 13, 2010.

 

show http://www.youtube.com/watch?v=N_1ykJ6twYg

 

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