sec. 1. SHORT TITLE.
This title may be cited as the “Statutory Pay-As-You-Go Act of 2010”.
Short Title and Common Usage
The Statutory Pay-As-You-Go Act of 2010 has a number of colloquial expressions associated with it. The most commonly used is “S-Paygo”, sometimes pronounced as a single word: spaygo. More frequently, the letter “S” is separated out from the word “Paygo” with it approximating a pronunciation of “ess-paygo”. Still other verbal and textual references may use the term “Stat-Paygo”.
As with much budgetary language, usage often depends on context. A reference common at the Congressional Budget Office, or Congress in general, may be different from that used at the Office of Management and Budget or among executive branch agencies. Even within Congress, usage tends to vary between the House and Senate, and also between support agencies like CBO and GAO and Congressional Committees or personal offices.
Public Law 111-139 has three individual substantive components: The resolving clause, title I, and title II. They did the following:
Resolving Clause: This increased the public debt limit in its resolving clause, which was followed by two titles:
Title I: This comprised sections 1 through 13 and is known as the “Statutory Pay-As-You-Go Act of 2010.” This is the law’s commonly used title, though formally it is known as “Increasing the statutory limit on the public debt.”
Title II: This title is named “Elimination of Duplicative and Wasteful Spending” and comprises section 21, which requires the Governmental Accountability Office to “conduct routine investigations” on wasteful spending. The GAO transmits to Congress, and makes public, an annual report each year to this purpose.
This section is not classified to the U.S. Code as a section but is set out in a Note at 2 U.S.C. 931 as follows:
Pub. L. 111–139, title I, §1, Feb. 12, 2010, 124 Stat. 8, provided that: “This title [enacting this chapter and amending sections 639, 900, 905, and 906 of this title] may be cited as the ‘Statutory Pay-As-You-Go Act of 2010’.”
The reference to “this title” inside the brackets above is to Title 2, The Congress, of the U.S. Code.
LEGISLATIVE HISTORY NOTES
Pub. L. 111–139, title I, §1, Feb. 12, 2010, 124 Stat. 8 (Statutory Pay-As-You-Go Act of 2010).
The reference to “this title” in the text is the Statutory Pay-As-You-Go Act of 2010 (Pub. L. 111-93) which formally comprises only title I of the law. Title II of the law is much shorter, and relates to a GAO report required to be annually provided to Congress on wasteful and duplicative programs.