pay-as-you-go

The Statutory Pay-As-You-Go Act of 2010, Title I of H.J.Res. 45, is a public law passed by the 111th United States Congress and signed by US President Barack Obama on February 12, 2010. The act reinstated pay-as-you-go budgeting rules used in Congress from 1990 until 2002, ensuring that most new spending is offset by spending cuts or added revenue elsewhere (with several major policy exemptions).

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