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Topic Title: The CARE ACT
Topic Summary: Supplemental Appropriations, (Coronavirus, CARES Act) (Appropriations) S.3548 H.R.748 --
Created On: 03/27/2020 02:44 PM
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 03/27/2020 02:44 PM
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dab

Posts: 1200
Joined Forum: 08/08/2003

CARE ACT

Type CARE in the search text box

Supplemental Appropriations, (Coronavirus, CARES Act) (Appropriations)

S.3548
H.R.748
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Great minds discuss ideas; Average minds discuss events; small minds discuss people.

 03/27/2020 05:31 PM
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RegularJoe

Posts: 3679
Joined Forum: 11/20/2011

HR748
(Sec. 3) This section exempts the budgetary effects of this bill from the Pay-As-You-Go (PAYGO) scorecards maintained under the Statutory Pay-As-You-Go Act of 2010 or by the Senate under the FY2018 congressional budget resolution.


PAYGO
The Statutory Pay-As-You-Go Act of 2010 (PAYGO, or "the Act") is part of Public Law 111-139, enacted on February 12, 2010. Briefly, the Act requires that all new legislation changing taxes, fees, or mandatory expenditures, taken together, must not increase projected deficits. This requirement is enforced by the threat of automatic across-the-board cuts in selected mandatory programs in the event that legislation taken as a whole does not meet the PAYGO standard established by the law. PAYGO also established special scorecards and scorekeeping rules.


https://www.usdebtclock.org/
 03/28/2020 09:10 AM
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SlimyBritches

Posts: 6471
Joined Forum: 01/08/2016

Originally posted by: RegularJoe

HR748

(Sec. 3) This section exempts the budgetary effects of this bill from the Pay-As-You-Go (PAYGO) scorecards maintained under the Statutory Pay-As-You-Go Act of 2010 or by the Senate under the FY2018 congressional budget resolution.




PAYGO

The Statutory Pay-As-You-Go Act of 2010 (PAYGO, or "the Act") is part of Public Law 111-139, enacted on February 12, 2010. Briefly, the Act requires that all new legislation changing taxes, fees, or mandatory expenditures, taken together, must not increase projected deficits. This requirement is enforced by the threat of automatic across-the-board cuts in selected mandatory programs in the event that legislation taken as a whole does not meet the PAYGO standard established by the law. PAYGO also established special scorecards and scorekeeping rules.




https://www.usdebtclock.org/


Who'da thunk that would happen with a failed business "man" running the show?
 03/28/2020 09:28 AM
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Cole

Posts: 68416
Joined Forum: 07/22/2003

The debt was more than $100 billion a month before the crash. The whole, "best economy ever," was complete and utter bullshit.

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I was right.
 03/28/2020 01:21 PM
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RegularJoe

Posts: 3679
Joined Forum: 11/20/2011


 03/28/2020 01:24 PM
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RustyTruck

Posts: 33375
Joined Forum: 08/02/2004

When the time comes, the rich will dine and dash, and leave working people stuck with the tab.

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
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