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an effort to create searchable online databases for government expenditures
a tool to highlight the hypocrisy of tax hikers
Constitutional or statutory requirement to rein in growth of revenues end expenditures
a commitment made by elected officials and candidates for elected office never to raise taxes
Raising the bar for tax increases
Requiring a cool-off period for all bills with a fiscal impact
pork-barrel spending - the broken windows of the budget
Senate Unanimously Passes Coburn PAYGO Transparency Amendment
Tuesday, March 9, 2010 2:23 PM
by Matt Varvaro Today, the Senate voted unanimously to pass Sen. Coburn’s PAYGO transparency amendment (#3358) to the Baucus substitute for the tax extenders bill, H.R. 4213.
The amendment requires the Senate to disclose detailed expenditures information on the front page of its website and to update this information on a weekly basis. This includes CBO estimates of net spending authorized by Senate legislation, as well as spending that has not been paid for or is exempted from PAYGO requirements.
While this is a victory for taxpayers, we'll now have to make sure the provision is retained after the conference process, so that we'll actually see the expenditure tally on the Senate's website.
Click here for CFA’s vote alert on the Coburn transparency amendment.
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