diff --git a/src/budget.rs b/src/budget.rs
index 7de861bc5..344038c33 100644
--- a/src/budget.rs
+++ b/src/budget.rs
@@ -44,6 +44,9 @@ pub enum Budget {
     /// Either make a payment after one condition or a different payment after another
     /// condition, which ever condition is satisfied first.
     Or((Condition, Payment), (Condition, Payment)),
+
+    /// Make a payment after both of two conditions are satisfied
+    And(Condition, Condition, Payment),
 }
 
 impl Budget {
@@ -57,6 +60,15 @@ impl Budget {
         Budget::After(Condition::Signature(from), Payment { tokens, to })
     }
 
+    /// Create a budget that pays tokens` to `to` after being witnessed by 2x `from`s
+    pub fn new_2_2_multisig_payment(from0: Pubkey, from1: Pubkey, tokens: i64, to: Pubkey) -> Self {
+        Budget::And(
+            Condition::Signature(from0),
+            Condition::Signature(from1),
+            Payment { tokens, to },
+        )
+    }
+
     /// Create a budget that pays `tokens` to `to` after the given DateTime.
     pub fn new_future_payment(dt: DateTime<Utc>, from: Pubkey, tokens: i64, to: Pubkey) -> Self {
         Budget::After(Condition::Timestamp(dt, from), Payment { tokens, to })
@@ -87,7 +99,9 @@ impl Budget {
     /// Return true if the budget spends exactly `spendable_tokens`.
     pub fn verify(&self, spendable_tokens: i64) -> bool {
         match self {
-            Budget::Pay(payment) | Budget::After(_, payment) => payment.tokens == spendable_tokens,
+            Budget::Pay(payment) | Budget::After(_, payment) | Budget::And(_, _, payment) => {
+                payment.tokens == spendable_tokens
+            }
             Budget::Or(a, b) => a.1.tokens == spendable_tokens && b.1.tokens == spendable_tokens,
         }
     }
@@ -95,15 +109,29 @@ impl Budget {
     /// Apply a witness to the budget to see if the budget can be reduced.
     /// If so, modify the budget in-place.
     pub fn apply_witness(&mut self, witness: &Witness, from: &Pubkey) {
-        let new_payment = match self {
-            Budget::After(cond, payment) if cond.is_satisfied(witness, from) => Some(payment),
-            Budget::Or((cond, payment), _) if cond.is_satisfied(witness, from) => Some(payment),
-            Budget::Or(_, (cond, payment)) if cond.is_satisfied(witness, from) => Some(payment),
+        let new_budget = match self {
+            Budget::After(cond, payment) if cond.is_satisfied(witness, from) => {
+                Some(Budget::Pay(payment.clone()))
+            }
+            Budget::Or((cond, payment), _) if cond.is_satisfied(witness, from) => {
+                Some(Budget::Pay(payment.clone()))
+            }
+            Budget::Or(_, (cond, payment)) if cond.is_satisfied(witness, from) => {
+                Some(Budget::Pay(payment.clone()))
+            }
+            Budget::And(cond0, cond1, payment) => {
+                if cond0.is_satisfied(witness, from) {
+                    Some(Budget::After(cond1.clone(), payment.clone()))
+                } else if cond1.is_satisfied(witness, from) {
+                    Some(Budget::After(cond0.clone(), payment.clone()))
+                } else {
+                    None
+                }
+            }
             _ => None,
-        }.cloned();
-
-        if let Some(payment) = new_payment {
-            mem::replace(self, Budget::Pay(payment));
+        };
+        if let Some(budget) = new_budget {
+            mem::replace(self, budget);
         }
     }
 }
@@ -189,4 +217,14 @@ mod tests {
         budget.apply_witness(&Witness::Signature, &from);
         assert_eq!(budget, Budget::new_payment(42, from));
     }
+    #[test]
+    fn test_2_2_multisig_payment() {
+        let from0 = Keypair::new().pubkey();
+        let from1 = Keypair::new().pubkey();
+        let to = Pubkey::default();
+
+        let mut budget = Budget::new_2_2_multisig_payment(from0, from1, 42, to);
+        budget.apply_witness(&Witness::Signature, &from0);
+        assert_eq!(budget, Budget::new_authorized_payment(from1, 42, to));
+    }
 }