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Gordon pushing for return to federal Paygo

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Gordon pushing for return to federal Paygo | Bart Gordon, Gordon
– This week the U.S. House will take an important step towards reducing federal spending by passing H.R. 2920, the Statutory Pay-As-You-Go Act (“PAYGO”). This legislation re-establishes the principle responsible for budget surpluses at the end of the 1990s, which required that any new spending by Congress be offset with a reduction in existing spending.

“Our federal spending patterns can’t continue,” said Congressman Bart Gordon who is a long-time supporter of PAYGO. “We have been borrowing money from China, as well as other countries, since 2002 to pay for federal programs and initiatives. This bill draws a firm line in the sand – moving forward, if we are going to spend a dollar, we must find a U.S. dollar to pay for it.”

The first PAYGO rule was included in the Budget Enforcement Act, which was signed into law with Gordon’s strong support in 1990. Over the next decade, PAYGO resulted in a gradual reduction of the federal deficit, and in 1998, the federal government saw its first budget surplus since 1969. Unfortunately, despite Gordon’s objections, PAYGO was not reauthorized in 2002. Since then, the federal deficit has skyrocketed.

“As our economy continues to recover from the most severe economic downturn since the Great Depression, we must focus on creating jobs and making the U.S. dollar strong again. Reducing federal spending will help on both fronts,” added Gordon. “This legislation expresses our long-term commitment to balanced budgets and financial solvency.”

The PAYGO legislation to be considered in the House this week will require all new spending policies passed by Congress be offset over five and ten years. It will force a serious examination of wasteful spending programs in the budget and tax loopholes that can be eliminated to offset more worthwhile programs.
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Members Opinions:
July 21, 2009 at 6:26pm
Let's see, Bart voted for the 700 billion dollar bank bailouts, the 800 billion dollar "stimulas" bill, the 400 billion dollar omnibus spending bill along with voting to approve the 3.4 trillion dollar budget and NOW he wants PAYGO. Seems like the horse is trotting down the road already. I think Bart is starting to get a little nervous about his re-election. As well he should, because I've seen quite a few www.dumpbartgordon.com bumperstickers while driving around Murfreesboro.
July 21, 2009 at 8:43pm
I find it hard to believe Bart understands the issues. He voted on Cap and Tax to stop global warming, (I guess it worked, since the high tomorrow is only supposed to by 74 degrees)some of the coolest days on record recently.

The medical interests are bombarding the public with praise for Bart telling us to call and thank him for his support of medical reform. If the big interests are shelling out big bucks in favor of the bill, that should tell you that they are expecting a payday in return..

It time for Bart to depart.

see ya old yellow.
July 21, 2009 at 9:14pm
The supposed surplus was and is a myth from the late 90's. The reason the "balance sheet" showed a surplus was due to the new method of calculating the debt and what to include in the numbers. The ONLY reason the "surplus" was seen was the removal of certain heavily over burdened programs from the numbers i.e. Social Security, Medcaid, Medicare etc. Just another reason not to believe any numbers from the D.C. crowd and why they can't be trusted with any more money.
ENOUGH IS ENOUGH!!!!!!!!!!!!!!
July 22, 2009 at 9:05am
Is there any issue/bill that Bart Gordon hasn't changed his vote on, whenever asked by the party "leaders".
July 22, 2009 at 12:23pm
You mean Bart is throwing up another smokescreen to cover his votes for porkulus, Cap and tax and a host of other liberal tax burdens and bank busters. He may be trying to suddenly sell himself as a fiscal conservative, but it's all BS and I'm not buying it. I'm sick of politicians who vote for bills they don't read. That isn't representing us, it's misrepresenting us. Gordon has voted the party line - his constituents be damned. Enough is enough indeed!
July 22, 2009 at 12:26pm
That chart that shows the so-called surplus is in error, that was a projected surplus that never materialized. It was the Clinton administrations projection near the end of Slick Willie's term to try to get Albert Gore Jr into office. As far as Social Security is concerned, Congress has been stealing from it since it's inception. There is nothing left but a bunch of IOU's. Congress should use the stimulis to pay back Social Security, Medicare/Medicaid and some of the other areas they have stolen from in the past decades.
August 09, 2009 at 7:27am
Bart, like most of America, is trying to help the nation recover from the insanity, over-spending Bushiite Administration that was asleep at wheel on 9/11, and then invaded a nation that did not, could not invade the U.S. I'm a conservative who realizes Bushiite lied, and spent us into near catastrophy...
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