February 8, 2012

Obama credits pay-as-you-go rule with producing 1990s surpluses

January 27, 2010
Politifact.com via St. Petersburg Times

Excerpt

Josh Gordon, policy director for the Concord Coalition, a group that advocates fiscal responsibility and was founded in the midst of the PAYGO movement in 1992, said PAYGO provided some important discipline for members of Congress even if it was not as big a factor as the booming economy and the defense cuts. "There always needs to be a check on irresponsibility in Congress and PAYGO provides that," he said.