Sentences with phrase «of budget reconciliation»

I know there's some overlap there, but the point of budget reconciliation is that a filibuster can't stop it, so you only need 50 votes.
Republicans have suggested using the budget reconciliation process to push legislation through Congress, and one of the requirements of budget reconciliation is that a super-majority is required to approve provisions that lose revenue for the government beyond the budget window, which is normally 10 years.

Not exact matches

Through the budget reconciliation process — which would avoid a drawn - out fight and filibuster by Democrats — Republicans can adjust only parts of the law that have to do with the federal government's finances.
The president and the AHCA's supporters in Congress claim that they can not eliminate the mandates under the constraints of «budget reconciliation» procedures required to pass the bill in the Senate.
Passing that version of the budget kicked off the reconciliation process, allowing the Senate to pass legislation with a simple majority.
To pass the AHCA in the Senate, the Republicans need to deploy «reconciliation,» an expedited budget process that requires just 50 votes, instead of the 60 needed to prevent a filibuster.
Instead, the specter of September 30 budget - reconciliation deadline has hung over this entire process.»
Republicans are using what's called «budget reconciliation» to pass their health care bill with a bare majority of 50 votes and avoid a Democratic filibuster.
Because some sections of the Affordable Care Act do not have such a fiscal effect, it may be difficult to use budget reconciliation as a tool for repeal of those sections.
Those conditions, meant to make sure reconciliation is actually used for bills that affect the budget, are one of the final obstacles for the GOP's repeal - and - replace effort will have to overcome.
However, regardless of any changes made, a detailed reconciliation of the differences between the Estimates and the Budget is essential.
The reconciliation instructions — the part of the budget that will most likely be acted on — increases deficits by $ 1.5 trillion and abandons the House's attempt at including $ 200 billion of mandatory savings.
We have documented the differences between the Main Estimates and Budget / Update in previous blogs (1) and have encouraged the Government to take steps to make the Estimates more comparable in concept and coverage to the Budget / Update and to provide reconciliations of any remaining differences.
It is also recommend that the Minister of Finance provide a detailed reconciliation in the upcoming budget on the differences between the Estimates and the Bbudget on the differences between the Estimates and the BudgetBudget.
The House budget has reconciliation instructions to achieve just $ 203 billion of its spending cuts while the Senate budget has instructions for just $ 1 billion of cuts.
The tax reform bill they are pushing through the Senate will live and die by a complicated rule — known as the «Byrd Rule,» a condition of the «budget reconciliation» process that allows Republicans to pass legislation with only 51 votes in the Senate.
Mr. Flaherty probably doesn't know, and probably doesn't care, but he has done Parliament» and Canadians, a huge favour by tabling his budget in February, provided the President of the Treasury Board provides a reconciliation between the two sets of numbers.
Avis Budget believes that there is a degree of volatility with respect to certain of Avis Budget's GAAP measures which preclude it from providing accurate forecasted GAAP to non-GAAP reconciliations.
When Budget 2014 was tabled before Main Estimates 2014 - 15, we were naively hoping that the President of the Treasury Board would provide a detailed reconciliation between spending in the Main Estimates and spending in the Budget for 2014 - 15.
Not only could such a gift to businesses be looked down upon by American voters, but it would also complicate the GOP's plan to pass tax legislation through budget reconciliation, a process that requires only a simple majority in the Senate but brings with it limitations on adding to the deficit beyond the span of a decade.
There is also a full reconciliation of budget expenses (accrual basis) for 2018 - 19 and Main Estimates spending (modified cash basis) for 2018 - 19.
For accountability and transparency, it is vital that such reconciliations be provided on an ongoing basis and to the latest Budget projections, not to Update estimates, which would be seriously out - of - date.
The Senate bill currently uses several budget gimmicks to try to get around the limits of reconciliation.
Seeking customer focused candidate for remote role handling bank statement reconciliation, managing cash flows and budgets, paying client's bills, managing a chart of accounts, and processing payroll.
1Generally based on the 2017 tax reform act («An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,» Pub.
The reconciliation instructions identify the authorizing committee (s) tasked with reconciliation, the dollar amount of budgetary changes that must be achieved over designated time frames (usually the first year of the budget and the five - or ten - year period covered by the budget resolution) that the committee (s) must achieve, and the date by which the committee (s) must report reconciliation legislation.
The budget resolution that provides reconciliation instructions would need to include the costs and savings of both the repeal and the replacement.
In total, 20 bills have become law through reconciliation, including the 1990 Omnibus Budget Reconciliation Act, the Balanced Budget Act of 1997, the 2001 and 2003 tax cuts, and portions of the Affordable Care Act.
Both tax reform and «repeal and replace» appear to be high priorities for the incoming White House and Congress, but because both have tax and spending components they could not be passed through reconciliation instructions from one budget resolution unless they were part of the same legislation.
The Byrd rule also prohibits provisions that exempt the budgetary effects of reconciliation legislation from budget enforcement rules.
Finally, provisions in a reconciliation bill that increase the deficit beyond the period covered by the budget resolution are subject to a 60 - vote point of order under the «Byrd rule» unless the costs are offset by savings from other provisions in the bill.
As an alternative, House Republicans have floated the possibility of adopting a Fiscal Year (FY) 2017 budget resolution early next year (since Congress failed to adopt a FY 2017 budget resolution last year) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacement).
If replacement legislation were considered as part of a separate reconciliation process, then the replacement plan (assuming a net cost) would likely need to sunset to avoid increasing the deficit beyond the budget window, unless the reconciliation legislation contained other savings to offset the net cost of replacement.
A reconciliation of the differences would be presented in the fall Update and Budget.
Importantly, reconciliation legislation can include provisions with costs, such as tax credits for health insurance or other tax and spending policies replacing Obamacare, as long as the net effect of the bill complies with the reconciliation instructions and does not increase the deficit beyond the budget window.
No, I need to the Spirit to be breathing in my daily work, in labour and breastfeeding, in bedtime soul - talks and lunch packing, in book edits and deadlines, in email and community - building, in budget docs for non-profits and the never - ending prayers for redemption and reconciliation and rescue to break through in this tired world of ours.
Second there are numerous types of votes that require simple majority such as budget reconciliation
So how long is it, now that the Republicans have passed H.R. 1, An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018 (formerly the Tax Cuts and Jobs Act)?
A deal announced in November to bring the IDC and mainline Democrats together after the State budget is passed in late March or early April left many scratching their heads about the timing of both the announcement and the reconciliation date being so far away.
These are good things that were all included in the 2015 budget reconciliation bill, which passed both houses of Congress.
Picente said that «in addition to the examination of the hiring and procurement practices of the Board of Elections, I am also seeking a full reconciliation of all of the revenue and expense lines within the budget of the Board of Elections.
It would be recalled 15 - man reconciliation committee was constituted last Wednesday by the leadership of the National Assembly to interface with another five - man committee from the executive to identify the grey areas noted in the budget by the presidency.
It would also require the House Ways and Means Committee to report out legislation under the budget reconciliation process that would provide for a revenue - neutral, comprehensive overhaul of the U.S. tax code and would include instructions to 11 House committees to trigger the budget reconciliation process to cut mandatory spending.
And they couldn't pass the whole healthcare bill via reconciliation, because not all of the bill could be labeled budget - related.
Schumer said he wasn't certain whether the amendment would be allowed by the Senate parliamentarian, who must decide whether each provision of the bill impacts the federal budget before Republicans can pass it through reconciliation, a procedural move that requires only 51 votes.
Mr Ken Ofori Atta, the Minister of Finance and Economic Planning, has been called upon to include a reconciliation report on the management of petroleum revenue in the 2018 Budget to be presented to Parliament on Wednesday, Nov. 15, 2017.
Opponents of drilling in the coastal plain point to the very vehicle in which Congress is trying to open it up — through the special budget reconciliation process that requires just 51 votes in the Senate — as evidence that through traditional channels they still do not have the political will to drill in the Arctic refuge.
It was tacked onto the landmark healthcare legislation in the spring of 2010, with the details hammered out in the budget reconciliation process.
Washington — In a session that stretched into the wee hours of Nov. 22, the Congress approved a budget - reconciliation package that would restore most of the automatic cuts made last month under the Gramm - Rudman - Hollings deficit - reduction law.
The proposal, part of omnibus budget - reconciliation legislation moving through the Congress, would save an estimated $ 10 million in fiscal year 1990 and $ 115 million in 1991.
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