The PAYGO budget requirement means:
A) that only programs generating revenues may be proposed for addition to the executive budget.
B) that legislation that would increase entitlement spending must be accompanied with an increase in revenue or reduction in spending sufficient to cover the new entitlement spending.
C) that debt refinancing must be approved by Congress.
D) that no tax reductions are permitted

Question

Quizplus · Accepted Answer

The PAYGO (Pay-As-You-Go) budget requirement mandates that any legislation proposing an increase in entitlement spending must be accompanied by an increase in revenue or a reduction in spending to offset the additional expenditure. This ensures that any new spending is paid for without adding to the federal deficit.

The PAYGO Budget Requirement Means