Huh? What? Is the Washington Post smoking crack?
And, indeed, there already are exceptions to the new rules, such as for extending former President George W. Bush's middle-class tax cuts past their expiration a year from now. That would add $1.4 trillion to the federal debt over the next decade.
WTF? What is the Washington Post even talking about here? How did Bush's tax cuts for the wealthy become "middle-class tax cuts"? And Obama plans to let them expire, therefore there is NOT going to be an exception to the PAYGO rules.
Nor does the article mention that these same huge tax cuts are half the reason the deficit is so large.
This article seems to exist in some alternate universe. Some media we have!
