There are a lot of people arguing about this thing called Pay Go. Here’s my attempted explanation of what Pay Go is and how it intersects with stuff you care about.
In other to understand the conflict, which seems on the surface quite simple, you have to understand a bunch of things about Congressional process and budgeting. So let’s start with PayGo itself. What it is? #PayGo stands for pay as you go budgeting, a concept that in theory mean that bills Congress pass need to be deficit neutral. That is, each proposed program or law, if it costs money, should also bring in an equal amount of money through either taxes or other budget cuts. This is what’s known among centrists in Washington, D.C., and frankly among most Americans, as ‘fiscal responsibility.’ A balanced budget by the government requires that you bring in as much as you spend.