The Republican-led 'One Big Beautiful Bill' could lead to automatic spending cuts, slashing up to $550 billion from Medicare ...

The PAYGO budget rule has been rendered nearly meaningless by both parties. After three full decades of on-again, off-again use, PAYGO has utterly failed to prevent the national debt from ballooning.

PAYGO has already been in place - and ignored - for most of the last two decades. From 1991 through 2002, PAYGO existed as a statute. The White House would keep a running scorecard of all newly ...

GOP-backed legislation triggers automatic Medicare cuts under PAYGO, risking healthcare access for seniors and disabled Americans.

Both versions of PAYGO have been popping in and out of existence over the last few decades. The federal law was first established in 1990, then allowed to expire in 2002. Congress passed a new ...

In January, the Senate joined the House in passing "pay-as-you-go" rules to require Congress to pay for new discretionary spending. On Feb. 12, President Obama signed the bill. "Now Congress will ...

PAYGO first became law in 1990, as a way to rein in the deficits of the 1980s. But Presidents Bill Clinton and George W. Bush waived the law during periods of major economic growth.

In last year’s budget deal, the Fiscal Responsibility Act, Republican negotiators insisted on the inclusion of an 18-month-long provision called Administrative Pay-As-You-Go (PAYGO), intended to ...

Unless Congress — with help from the Democrats — waives PAYGO Act requirements triggered by the legislation Republicans tout as "One Big Beautiful Bill," Medicare could still see as much as $500 ...

Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.