Why We Need to Eliminate PayGo and Sequestration

Many people never heard of “PayGo” or “sequestration.” It affects everyone but billionaires.

“PayGo” PAYGO (Pay As You GO) is the practice in the United States of financing expenditures with funds that are currently available rather than borrowed.

Republicans and Democrats have used PAYGO and continue to use PAYGO as an excuse for Republicans and moderate Democrats to deny progressive programs they don’t like.

Return of statutory PAYGO (2010–present)
On February 12, 2010, Obama signed statutory PAYGO rules into law.[19]