Washington, D.C. - Despite widespread criticism by independent budget experts, the Democrat-controlled U.S. House pushed through a bill today they claim will require Congress to pay for new federal spending with tax increases or spending cuts. In practice, the so-called PAYGO provision has resulted in record government spending and historic deficits in the three years it has been in effect.

“Under PAYGO rules put in place by Speaker Pelosi when she took office, America’s deficit has increased ten-fold – the largest in our country’s history. It cuts no spending and is used as an excuse for liberals to justify tax increases”, said Brady, who has proposed a major reform of spending practices in Washington.

“When it comes to controlling spending PAYGO is not merely a sham, it’s a farce of a sham. And our grandchildren, loaded down with debt, will pay the price.”