Steny Hoyer still trying to blame GOP for Obama's mindblowing deficits

The president’s paygo proposal, which we introduced, would require that all new policies reducing revenues or expanding entitlement spending be offset. Legislation extending current policy on the Alternative Minimum Tax, Medicare payments to doctors, and the estate-tax cuts and tax cuts passed in 2001 and 2003 can be enacted without offsets. This approach will allow us to enforce fiscal discipline for the years ahead without being hobbled by past Republican budget gimmicks.