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Cato Podcast

Bunning Balks at PayGo

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 8 March 2010

⏱️ 7 minutes

🧾️ Download transcript

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0:00.0

This is the Cato Daily Podcast for Monday, March 8th, 2010. I'm Caleb Brown.

0:06.0

Senator Jim Bunning of Kentucky is thrown a perfect game, but is also high on the all-time list for

0:11.3

hit batsman.

0:12.8

For objecting to Congress declaring non-emergency spending to be emergency spending,

0:18.1

Bunning has successfully highlighted the fact that so-called pay-go rules aren't being taken very seriously in Congress.

0:24.8

Brandon Arnold, Director of Government Affairs at the Cato Institute, comments.

0:28.8

Jim Bunning has caught a lot of flack in the media, certainly, of late, because he's been holding up a piece of legislation or he held up a piece of legislation that was very popular politically. It included a number of provisions like unemployment insurance extensions,

0:43.9

COBRA extension, which is basically health insurance for people who do not have jobs.

0:48.9

A bunch of popular provisions and he certainly became the butt of a lot of jokes and the

0:54.0

and the target of a lot of jokes and the target of a lot of criticism as a result.

0:58.0

It seems though a lot of that is unwarranted.

1:00.0

Essentially what he was trying to do was not block those provisions, not block those

1:05.4

extensions of certain programs, but instead make sure that the Congress actually paid for

1:10.3

them and thus enforcing the PAYgo rule that governs the actions of both the

1:15.7

House and the Senate. Now it should govern the actions of both the House and the

1:19.8

Senate in general but in this case they were prepared not to do that.

1:23.4

Well sure fiscal conservatives have always liked PAYGO in theory but derided the fact that it's so easy to

1:29.8

circumvent. Essentially you can the majority leader can simply designate spending as emergency spending,

1:37.2

and therefore it's not subject to the supermajority 60 vote threshold in the Senate.

1:43.0

And that's exactly what Harry Reid did this time.

1:46.2

Because these things are so popular,

1:49.6

unemployment insurance, for instance,

...

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