Archiv: PAYGO (Pay As You GO) mechanism


03.01.2019 - 13:15 [ Alexandria Ocasio-Cortez, Abgeordnete des US Repräsentantenhauses / Twitter ]

Tomorrow I will also vote No on the rules package, which is trying to slip in #PAYGO. PAYGO isn’t only bad economics, as @RoKhanna explains; it’s also a dark political maneuver designed to hamstring progress on healthcare+other leg. We shouldn’t hinder ourselves from the start.

03.01.2019 - 13:10 [ Ro Khanna, Abgeordneter im US Repräsentantenhaus / Twitter ]

I will be voting NO on the Rules package with #PayGo. It is terrible economics. The austerians were wrong about the Great Recession and Great Depression. At some point, politicians need to learn from mistakes and read economic history. @paulkrugman @StephanieKelton @RBReich

03.01.2019 - 13:04 [ marketwatch.com ]

Ocasio-Cortez slams ‘bad economics’ of budget deficit rule pushed by Democratic leaders

Khanna and Ocasio-Cortez say they’ll vote against the rules package containing paygo on Thursday. A total of 18 Democrats would need to vote against the package for it to be defeated. A defeat would be an embarrassment for Rep. Nancy Pelosi, who is expected to be elected House speaker on the same day.

03.01.2019 - 12:56 [ CNN ]

Ocasio-Cortez, Khanna will vote against House Democratic rules over ‚PAYGO‘ spending restraints

Progressives who support programs like „Medicare-for-all“ and other policies likely to increase government expenditures worry that the rule would create a self-imposed obstacle with limited political upside — and come across as a sign that Democrats are committed to the austerity economics championed, at least rhetorically, by conservative groups.

03.01.2019 - 12:33 [ The Young Turks / Youtube ]

Establishment Democrats Move To KILL Progressive Agenda

Establishment Democrats do NOT care about what the people want. Cenk Uygur, John Iadarola, and Jayar Jackson, hosts of The Young Turks, break it down.