Statutory Pay-As-You-Go Act of 2010

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The Statutory Pay-As-You-Go Act of 2010 is a U.S. federal budget law that requires new legislation affecting taxes or mandatory spending to be budget-neutral, helping to prevent increases in the federal deficit.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
budget enforcement law ⓘ
alsoKnownAs PAYGO Act of 2010 ⓘ
amends Balanced Budget and Emergency Deficit Control Act of 1985 ⓘ
appliesTo federal budget of the United States ⓘ
new legislation enacted after its effective date ⓘ
budgetCategory direct spending ⓘ
revenues ⓘ
codifiedIn Title 2 of the United States Code ⓘ
complements congressional budget process rules ⓘ
country United States ⓘ
creates PAYGO scorecards ⓘ
doesNotDirectlyApplyTo discretionary spending ⓘ
effectiveFrom 2010 ⓘ
enactedBy 111th United States Congress ⓘ
enforcedBy Office of Management and Budget ⓘ
exempts Social Security ⓘ
certain low-income programs ⓘ
veterans benefits ⓘ
governmentLevel federal ⓘ
jurisdiction federal government of the United States ⓘ
legalForm statute ⓘ
legislativeBranch United States Congress ⓘ
penaltyMechanism sequestration ⓘ
policyGoal discouraging unpaid-for tax cuts or entitlement expansions ⓘ
long-term deficit reduction ⓘ
policyMechanism pay-as-you-go ⓘ
publicLawNumber Public Law 111-139 ⓘ
purpose to help prevent increases in the federal budget deficit ⓘ
to require that new legislation affecting revenues or direct spending be budget-neutral ⓘ
relatedConcept budget enforcement procedures ⓘ
federal budget deficit ⓘ
fiscal responsibility ⓘ
replaces non-statutory PAYGO rules used in congressional budget resolutions ⓘ
requires budget neutrality for new legislation affecting mandatory spending ⓘ
budget neutrality for new legislation affecting taxes ⓘ
offsets for increases in direct spending ⓘ
offsets for reductions in revenues ⓘ
restores statutory PAYGO rules that had previously lapsed ⓘ
scorecardsType five-year PAYGO scorecard ⓘ
ten-year PAYGO scorecard ⓘ
sequestrationAppliesTo non-exempt mandatory spending programs ⓘ
shortName Statutory PAYGO Act ⓘ
signedBy Barack Obama ⓘ
signingDate 2010-02-12 ⓘ
subjectMatter fiscal policy ⓘ
public finance ⓘ
titleOfPublicLaw An Act to amend the Balanced Budget and Emergency Deficit Control Act of 1985 to reinstate and strengthen certain budget enforcement mechanisms ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

111th United States Congress → passes → Statutory Pay-As-You-Go Act of 2010 ⓘ
Statutory Pay-As-You-Go Act of 2010 → shortName → Statutory PAYGO Act ⓘ
linked to: Statutory Pay-As-You-Go Act of 2010
Statutory Pay-As-You-Go Act of 2010 → alsoKnownAs → PAYGO Act of 2010 ⓘ
linked to: Statutory Pay-As-You-Go Act of 2010
pay-as-you-go rule → reinstatedBy → Statutory Pay-As-You-Go Act of 2010 ⓘ