Which of the following was one of the main rules in the 1990 "Budget Enforcement Act"?
A)flat tax rate
B)PAYGO rule
C)indexation of income tax brackets
D)consumption tax
E) none of the above

Question

Quizplus · Accepted Answer

The Budget Enforcement Act was passed in 1990 and one of its main rules was the PAYGO (Pay-As-You-Go) rule, which required any new direct spending or tax cuts to be offset by budget cuts or revenue increases to prevent an increase in the federal deficit.

Which of the Following Was One of the Main Rules