Sentences with phrase «reconciliation bill»

A reconciliation bill is a type of legislation that is used to make changes to existing laws related to federal budget and spending. It is typically used by the government to bring about changes in spending, taxation, and other financial policies. This bill allows lawmakers to address budgetary matters and reconcile differences between budget resolutions passed by both the House of Representatives and the Senate. Full definition
We have a published a full comparison of past reconciliation bills here.
Were there any provisions in the budget reconciliation bill having to do with keeping your health insurance?
The House can set procedural rules on any legislation, including reconciliation bills, by adopting a special «rule» determined by the House Rules Committee.
The committees» responses are then bundled by the House and Senate budget committees into a single reconciliation bill for consideration in each chamber.
Policymakers have passed 20 budget reconciliation bills since they first used the procedure in 1980.
Debate on reconciliation bills is limited to 20 hours.
The reconciliation instructions are the most meaningful and actionable part of the budget because the legislation reported by committees to meet the instructions are considered under an expedited procedure with special rules, including the inability to filibuster reconciliation bills.
Although reconciliations bills are granted many privileges that are not available to most other legislation, they remain bound by several conditions.
This tactic would not work in a budget reconciliation bill because it would violate the Byrd Rule (because waiver itself does not produce a change in outlays or revenues).
The repeal was blocked by citing the Byrd Rule, which says reconciliation bills can not contain «extraneous» provisions that don't deal with fiscal policy.
As news reports of the last several days have indicated, the chairs of the Senate Finance Committee and the House Ways and Means Committee have reached an «agreement in principle» on a tax reconciliation bill that would include approximately $ 70 billion of tax - cut extensions including a two - year extension... (read more)
He said he had hoped to present a so - called reconciliation bill during the Health & Human Services Committee meeting Monday, but told committee members that he and the Senate had «not gotten there yet.»
In a Nov. 2 statement, President Bush threatened to veto the budget - reconciliation bill now in the works and stick with the $ 16 billion in «sequestered» cuts forced last month under the Gramm - Rudman - Hollings deficit - reduction law.
The Staff Accountant position had several responsibilities: Accounts payable & accounts receivables General ledger Letters of credit Bank reconciliations Billing and shipping Closing out work tickets (processing jobs through WIP) Monthly account analysis & Financial Statements Payroll, W2's & 1099's Assisted auditors with audit
That's just one reason why the «defund» provision should not be included in the Senate budget reconciliation bill.
«Infrastructure is very hard to shoe - horn into a reconciliation bill, so Democratic Senate votes will be needed (at least nine),» Kreuger said in a note.
Any member, however, can raise a point of order against a reconciliation bill if it violates the spending and revenue targets in the budget resolution or other budget rules and laws.
In 2001, for example, the Senate could not muster the 60 - vote super-majority necessary to pass the Bush tax cuts so it passed the legislation instead as a reconciliation bill with 58 yea votes.
So he introduced his standard for what can be included in a reconciliation bill, which has since been enshrined in federal law.
And finally, provisions in a reconciliation bill can not increase the deficit in any fiscal year after the window of the reconciliation bill unless the costs outside the budget window are offset by other savings in the bill.
In addition to the 20 enacted reconciliation bills, 4 reconciliation bills have passed both chambers of Congress but were subsequently vetoed by the president.
In the Senate, the limit on debate time and non-debatable motion to proceed means a reconciliation bill can not be filibustered — allowing the Senate to pass a reconciliation bill by a simple majority rather than needing 60 votes to end debate.
The reconciliation bill also initially delayed but did not repeal the so - called «Cadillac tax» on high - cost insurance plans to avoid revenue loss outside the budget window, but an amendment repealing it was adopted by an overwhelming bipartisan vote and no Byrd rule challenge was raised despite its deficit impact.
If a reconciliation bill has both spending and revenue provisions, no other reconciliation bill affecting spending or revenues is allowed.
The Senate parliamentarian has also ruled that a reconciliation bill can not create or amend any type of fast - track procedure for legislation limiting debate time in the Senate.
Following these instructions, committees of jurisdiction identify specific policies to meet these goals in the form of a reconciliation bill, which can be enacted on a fast - track basis.
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.
The Senate parliamentarian has ruled that a budget resolution can only provide for one reconciliation bill each of revenues, spending, and debt limit.
Second, reconciliation bills can not change Social Security spending or dedicated revenue, which are considered «off - budget.»
Because of this limited debate, reconciliation bills are not subject to the filibuster in the Senate.
Some have said that since it failed, they used up their one «spending» reconciliation bill.
These are good things that were all included in the 2015 budget reconciliation bill, which passed both houses of Congress.
It's still unclear whether Senate Republicans will win enough votes to pass their reconciliation bill, which would repeal Obamacare and strip Planned Parenthood of its federal funding.
But the Senate parliamentarian on Friday found that the Senate would need 60 votes, rather than a simple majority of 51, to attach the amendment to a health care and budget reconciliation bill.
Note: that this was after Ted Kennedy died and Scott Brown was elected, so the Senate bill was already set in stone, so any changes after he made those remarks would have come in the budget reconciliation bill that was designed to fix the bill.
Still, I'd like to know if there's some provision in the law that may have exacerbated this problem, and which they either forgot to take out during reconciliation or were not allowed to take out during reconciliation due to rules saying that everything in the reconciliation bill had to be germane to budgetary matters.
With a Republican - led Congress, a reconciliation bill would go further than the bill that previously made it to the Oval Office, says G. William Hoagland, senior vice president at the Bipartisan Policy Center, a Washington, D.C. think tank.
But in order for lawmakers to use a reconciliation bill they would first need to have a budget.
«That reconciliation bill could include things other than Obamacare, including tax reform, so once you start putting that kind of bill together you are not talking about doing this in the first 100 days,» he adds.
When Republicans took the House in 2011, they replaced the House rule with one that placed no restrictions on revenue provisions that increase deficits but prohibited reconciliation instructions that would produce a net increase in mandatory spending, regardless of the reconciliation bill's overall impact on deficits.
Lawmakers greeted the bill's passage with relief after spending four furious weeks, often into early - morning hours, crafting the reconciliation bill and the 13 regular spending bills for the fiscal year that began last month.
HR 3299, S 1750 A conference committee began negotiations last week on a budget - reconciliation bill that includes competing child - care plans.
Trying to pair both tax reform and health care into a potential 2018 reconciliation bill (in order to take advantage of the easier - to - clear hurdle of a simple majority to pass legislation) would not only be complex and messy but, it could also significantly hamper the reform of the tax system that many have called for.

Phrases with «reconciliation bill»

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