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− | + | '''Pay-As-You-Go''', or '''PAYGO''', is a term that refers to requirements in the Bureau of Economic Analysis (BEA) that result in a [[budget sequester]] if the estimated combined result of legislation affecting direct spending or receipts is an increase in the deficit for a [[fiscal year]]. | |
− | [[ | + | ==See also== |
+ | *[[Direct spending]] | ||
+ | *[[Backdoor authority]] | ||
+ | |||
+ | [[Category:Budget Terms]] |
Latest revision as of 12:42, July 12, 2016
Pay-As-You-Go, or PAYGO, is a term that refers to requirements in the Bureau of Economic Analysis (BEA) that result in a budget sequester if the estimated combined result of legislation affecting direct spending or receipts is an increase in the deficit for a fiscal year.