PAYGO

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PAYGO is a U.S. federal budget rule that requires new spending or tax changes to be offset so they do not increase the federal deficit.

All labels observed (1)

Label Occurrences
PAYGO canonical 1

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf United States federal budget rule
fiscal policy mechanism
abbreviationOf Pay-As-You-Go budget rule NERFINISHED
addresses fiscal discipline
long-term budget sustainability
aimsTo maintain budget neutrality over a specified period
appliesTo United States federal government NERFINISHED
direct spending
revenue legislation
category United States federal fiscal policy NERFINISHED
contrastsWith deficit-financed spending increases
deficit-financed tax cuts
country United States of America
surface form: United States
effect limits deficit-increasing legislation
enforcedBy budget scorekeeping procedures
fullName Pay-As-You-Go NERFINISHED
governs net budgetary impact of new laws
hasVariant congressional PAYGO rule
statutory PAYGO
introducedIn United States Congress NERFINISHED
language English
legalForm congressional rule
statutory rule
monitoredBy Congressional Budget Office NERFINISHED
Office of Management and Budget NERFINISHED
objective to avoid worsening the federal fiscal position
policyType budget neutrality rule
purpose to prevent increases in the federal budget deficit from new legislation
relatedConcept budget enforcement mechanism
sequestration
relatedTo federal budget deficit
requires budgetary offsets for new spending or tax changes
offsetting spending cuts or revenue increases
that new direct spending be offset
that new tax cuts be offset
scope federal level
sector public finance
timeHorizon multi-year budget window
usedBy U.S. lawmakers NERFINISHED
budget committees
usedIn congressional budget process

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.