The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA)...
Updated 5/14/25: With most House committees having approved their portions of the reconciliation legislation, the House Budget Committee announced that it will hold a markup to combine these pieces...
The developing House reconciliation bill is shaping up to add roughly $3.3 trillion to the debt through Fiscal Year (FY) 2034 and is setting the stage for more than $5.2 trillion of additional debt if...