PAYGO Is Just a Condiment, Not the Main Ingredient

The federal budget world has gone a little crazy the past few weeks over the president’s new pay-as-you-go proposal. Some immediately embraced it, as a person who hasn’t eaten in several days and is offered a bacon cheeseburger and fries might do. Others immediately and loudly decried it much like you might expect from a well-fed vegetarian being served that same cheeseburger with bacon. And, like an executive chef at a fine-dining restaurant who differs on the type of oil used to make the fries that go with the burger, still others had problems with some of the components of the administration’s PAYGO proposal.