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 rein in massive spending by the agencies of the Biden administration.
In response to the original rule’s ineffectiveness, House Budget Committee Republicans recently introduced the Strengthening Administrative PAYGO Act of 2024. The bill would correct an easily used loophole, improve the reporting requirements to increase transparency...