LauraHarbron on Reenact PAYGO rules

PAYGO basically requires that for every expenditure ($2 trillion for a war in Iraq, for example), the federal government has to specify how they're going to pay for it. So for every new expenditure there has to be a new source of revenue. The same way you balance your budget every month, the government should have to balance their's. There's a long article on Wikipedia with a lot more information if you have a chance to read it.