WASHINGTON – U.S. Rep. Diana DeGette (D-CO), Vice Chair of the Committee on Energy and Commerce, supported H.J.Res. 45, the Statutory Pay-As-You-Go Act 2009, which passed on a vote of 233 to 187.
“To put our economy back on track, we must not view investments in job creation and reducing the federal deficit as mutually exclusive,” said DeGette. “Still, we cannot continue to spend into the red further ballooning our deficit for future generations. After years of fiscal irresponsibility, I am proud to support the Houses’ “pay-as-you-go” (PAYGO) rules that requires Congress to offset all new policies that reduce revenues or expand entitlement spending over five and ten years. Just as millions of American families have learned, we should not be spending money we do not have.”
“To put our economy back on track, we must not view investments in job creation and reducing the federal deficit as mutually exclusive,” said DeGette. “Still, we cannot continue to spend into the red further ballooning our deficit for future generations. After years of fiscal irresponsibility, I am proud to support the Houses’ “pay-as-you-go” (PAYGO) rules that requires Congress to offset all new policies that reduce revenues or expand entitlement spending over five and ten years. Just as millions of American families have learned, we should not be spending money we do not have.”
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