Difference between revisions of "Pay-As-You-Go (PAYGO)"
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| − | + | '''Pay-As-You-Go''', or '''PAYGO''', is 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]]. | |
[[category:economics]] | [[category:economics]] | ||
Revision as of 19:54, October 28, 2007
Pay-As-You-Go, or PAYGO, is 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.
