Press Releases
U.S. Rep. David Scott Applauds President Obama For His Commitment To Balancing The Federal Budget
Washington,
June 9, 2009
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Ashley Tanks
(770-210-5073)
Today, U.S. Representative David Scott made the following statement in support of President Obama’s announcement to enact tough budget rules and restore statutory Pay-As-You-Go (PAYGO) requirements.
“Since taking office, President Obama has not only talked about returning this country to an era of responsible government spending, but now he is making good on that promise,” stated Rep. Scott. “The President’s call for a return to statutory PAYGO requirements will complement and strengthen Congressional rules and help to bring the government back to a more sustainable balanced budget. I commend the President for this bold move toward fiscal responsibility and reform.”
In 2007, both houses of Congress took important steps toward restoring fiscal discipline by using Congressional rules to restore enforcement of the PAYGO principle. The PAYGO statute is meant to provide an enforcement mechanism, sequestration, that is unavailable without statutory PAYGO.
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