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Waiving Tax Cut Pay-For Proves Both Parties Are Still Addicted To Federal Spending

Published by The Federalist

By Christopher Jacobs 


Shortly before departing for their Christmas break, lawmakers of both parties voted to waive provisions that would have led to federal spending reductions over the coming decade.

Did you hear the joke that circulated around the Capitol over the holidays? It’s called Congress’ ability to control government spending.

Shortly before departing for their Christmas break, lawmakers of both parties voted to waive provisions of existing law that would have led to spending reductions over the coming decade. The move represented but the latest instance of the bipartisan addiction to federal spending that plagues our nation’s capital.

In technical terms, Section 5002 of the temporary spending measure Congress passed on December 21 exempted the tax cut bill from the Statutory Pay-as-You-Go (PAYGO) Act.[…]

See the full story here.

January 3, 2018

Link: http://thefederalist.com/2018/01/03/waiving-tax-cut-pay-proves-parties-still-addicted-federal-spending/


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