The word “reconciliation” sounds benign, even harmonious. But in Washington, D.C., reconciliation refers to a potent legislative shortcut that allows the party in power to avoid opposition and enact ...

Senate Budget Committee Chair Lindsey Graham, R-S.C., signaled readiness for reconciliation as Republicans explore legislative response to Minnesota fraud investigation findings.

Add Yahoo as a preferred source to see more of our stories on Google. House Speaker Mike Johnson speaks during a press conference following a House Republican Caucus meeting at the US Capitol on ...

Pending tax and spending legislation is putting additional upward pressure on the U.S. national debt. Much like the broader U.S. budget process, a legislative procedure currently being used to advance ...

As we await the outcome of the upcoming US elections, we know that whoever controls the White House and Congress will confront one of the biggest tax debates in US history in 2025. It is possible that ...

Republicans plan "reconciliation 2.0" bill targeting housing and healthcare costs after Democrats' wins, but face brutal math ...

Donald Trump will be America’s 47th president following a resounding win in the 2024 election. The election also gave control of the Senate to Republicans, along with potentially the House of ...

The House Republican leadership plans to bring a budget resolution to the floor this week in what marks an early step in a lengthy process that Republicans hope to use to pass much of President ...

This year has, unfortunately, provided some excellent illustrations of Congress’s dysfunction. We are currently emerging from a record-long shutdown. Senate Democrats filibustered funding in a doomed ...

Linda J. Bilmes served as Deputy Assistant Secretary of the US Department of Commerce from 1997-1998 and as CFO and Assistant Secretary for Management, Budget and Administration from 1999-2001. The ...