The Office of Management and Budget (OMB) published its annual report as required by the Statutory Pay-As-You-Go (PAYGO) Act of 2010. This report covers the budgetary effects of legislation enacted during the second session of the 118th Congress, detailing the PAYGO scorecards that track the financial impacts over 5- and 10-year periods. Due to adjustments made by the American Relief Act of 2025, the scorecards' budgetary balances were set to zero, which means no sequestration order is needed for fiscal year 2025. The report also notes that 46 laws were identified with PAYGO effects, though some were excluded from calculations under specific statutory provisions.
Simple Explanation
The government looked at how much money they spent last year and found out they don't need to make any big cuts or changes because some new rules balance everything out. But they also decided not to count some important stuff, which might make it hard to see if they're spending wisely.