Beginning of the end for Paygo
Progressives on Saturday applauded House Democrats for including in the chamber's rules package for the incoming Congress two key exemptions from the "pay as you go" rule, also known as Paygo, which could cut down on roadblocks keeping lawmakers from passing far-reaching healthcare and climate action legislation.
House Speaker Nancy Pelosi (D-Calif.) and House Rules Committee Chairman Jim McGovern (D-Mass.) unveiled an updated rules package which would exempt legislation "to prevent, prepare for, or respond to economic or public health consequences" of the Covid-19 pandemic or of the climate crisis, from being subjected to Paygo.
Paygo requires that any increase in spending by the federal government be matched by offsetting tax increases or budget cuts, and progressives including Rep. Alexandria Ocasio-Cortez (D-N.Y.) have called for the rule to be revoked in recent years while Pelosi and other Democrats have defended it.
Breaking the federal government and corporate political press's "austerity mindset and rules, especially on climate, is a major tenet of the Green New Deal," Ocasio-Cortez tweeted.
The Intercept journalist Ryan Grim noted that the elimination of Paygo as a consideration for measures involving public health could eventually help Congress to pass Medicare for All as well as other measures to help Americans struggling with the effects of the coronavirus pandemic.