U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement today after the Senate unanimously accepted his amendment (#3358) that would require the Senate to be truthful about how it is violating the PAYGO law.
"There is no clearer example of Washington's betrayal of the public's trust than PAYGO legislation, which says every dollar in new spending has to be paid for with spending reductions or tax increases," Dr. Coburn said.
"Since the Senate passed PAYGO legislation three weeks ago, the Senate has passed nearly $120 billion in new spending that violates PAYGO. Today, minutes after the Senate accepted my amendment to post its violations of PAYGO online, Senators signaled their intent to remove this amendment from the bill before it goes to the President. Taxpayers are tired of this cat and mouse game on spending and will hold Senators accountable if they want to be for transparency in words but not action," Dr. Coburn said.
The Coburn amendment will expose PAYGO gimmicks and encourage transparency and accountability by requiring the Secretary of the Senate to post on its website the following:
The total amount of spending, both discretionary and mandatory, passed by the Senate that has not been paid for;
The total amount of spending authorized in legislation passed by the Senate, as scored by CBO; and
The number of new government programs created in legislation passed by the Senate.
Several taxpayer groups endorsed the Coburn amendment including the National Taxpayers Union, Citizens Against Government Waste, the Center for Fiscal Accountability and the American Conservative Union.