These duty suspensions, tax cuts, corporate welfare - whatever you want to call them, purchased by Syngenta and Dupont through Mr. Castle
would have been illegal if Democrats were in charge. The budget act of 1990 requires that all significant revenues losses be “offset” by a spending cut or a revenue increase elsewhere in the federal budget. However, revenue losses of less than a half-million dollars are considered de minimis and do not require an offset. hhlaw PDF
Since the benefit to DuPont and Syngenta and the corresponding loss to the treasury is over $210 million it is clear that these earmarks are illegal.
Where are all my conservative balanced budget hawks?
PayGo expired in 2002; Russ Feingold tried to renew it but the renewal died in the Senate on a 50-50 vote.
The Hill: PAYGO can work again
By Sens. Lincoln Chafee (R-R.I.) and Russ Feingold (D-Wis.)"When PAYGO was on the books during the 1990s, it worked. While it was not perfect, it worked well enough to help lower the deficit and, eventually, balance the federal budget. (snip) PAYGO expired in 2002. It is no coincidence that in that same year, the budget plunged back into the red."
Thanks GOP! That is some good GOP style governing!! And thanks to a Delawareliberal reader for the catch.