Joke of the Day: Obama Pushes PayGo

Obama has now turned over a new leaf and is pushing for PayGo rules, or pay-as-you-go, under the ruse of reducing spending.

What PayGo does, of course, if adhered to strictly, is prevent any tax cuts unless "paid for" by other tax increases or spending cuts. It also forces tax increases to pay for new spending. In other words, Obama can raise spending levels by $3 trillion, sign PayGo and then say that we need to raise taxes to comply with PayGo.

And the fraud continues...