Last modified on July 12, 2016, at 12:42

Difference between revisions of "Pay-As-You-Go (PAYGO)"

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A term that refers to requirements in the BEA that result in a sequester if the estimated combined result of legislation affecting direct spending or receipts is an increase in the deficit for a fiscal year.
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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]].
  
[[category:economics]]
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==See also==
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*[[Direct spending]]
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*[[Backdoor authority]]
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[[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.

See also