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Pushing ‘pay-go’ on Capitol Hill

On Capitol Hill, House Democrats are moving to put into law so-called ‘pay-go’, or pay-as-you-go rules affecting the federal budget.

It’s an effort to rein in federal spending, even as the administration sets new records on stimulus and financial recovery spending.

FederalNewsRadio’s Max Cacas has been following this story all day today at the Capitol and tells us more.

Read the latest news about the incoming administration on our Tracking the Transition page.