• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

What is reconciliation, the tool Republicans want to use to ‘push the outer limits’ on federal policy?

by November 18, 2024
written by November 18, 2024

Republicans are already making big plans for the 119th Congress, many of which center on using a legislative maneuver called reconciliation. 

GOP leaders have suggested they are planning a mammoth-sized bill to implement President-elect Trump’s tax policies, lower the federal deficit and enact conservative policies early next year.

Reconciliation is a way to fast-track legislation on issues like taxes, the debt limit and federal spending by bypassing the Senate’s 60-vote threshold for passage, instead lowering it to a simple 51-vote majority.

Republicans also accuse Democrats of pushing the boundaries of what’s acceptable in a reconciliation bill, and have signaled they may take a similar path in pushing for stricter border security measures while loosening restrictions on American energy production.

‘Though there are Senate rules limiting what we can fit in budget reconciliation, I want us to be bold and creative so we can include as many reforms in this package as possible,’ House Majority Leader Steve Scalise, R-La., wrote to House Republicans earlier this month.

‘Democrats expanded what is traditionally allowed in reconciliation, and we intend to do the same. Now is the time to go big to advance conservative policies that will make our country prosperous and secure again.’

Generally, reconciliation is only used once per year, and lawmakers usually reserve it for instances where they hold both houses of Congress. 

In recent history, most reconciliation bills have been started in the House of Representatives, where the Constitution dictates tax policy must originate. 

House Budget Committee Chairman Jodey Arrington, R-Texas, whose committee will be at the forefront of crafting the reconciliation bill, told Fox News Digital he is already working with House GOP leaders and his Senate counterparts on the legislation.

‘We’re going to push the outer limits to include as much pro-growth strategy as we can. One of those would be regulatory reform,’ Arrington said. ‘Another one will be border security and immigration reform.’

The third goal Arrington raised was ‘to unravel the chokehold on domestic energy production.’

‘We have H.R. 2, and then we have H.R. 1, the two big legislative priorities for our conference – secure the border and unleash American energy,’ he said.

‘I think the things in there that can be included in reconciliation and pass the Byrd rule. We’re going to be aggressively advancing those policies.’

The ‘Byrd rule’ refers to the Senate parliamentarian weighing a reconciliation bill for what measures are relevant to budgetary and tax policy, and what must be removed.

Democrats wanted to use reconciliation in 2021 to pass progressive immigration policies that would have included granting citizenship to millions of people, including those brought to the U.S. illegally as children.

They also attempted to include a federal $15 minimum wage in a reconciliation bill – a charge led by Sen. Bernie Sanders, I-Vt.

But the parliamentarian ruled against both of those proposals.

It remains to be seen what Republicans will be able to include in their bill next year.

‘We’ve got a lot of work to do, a lot of restoration to do on the fiscal side,’ Arrington said. ‘It’s part pro-growth strategies, and the other is part bending the curve on spending, and especially focused on mandatory spending. And I think there are a lot of straightforward ways to do it, common sense things that the American people from both sides of the political aisle will say are long overdue.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Elon Musk’s X Corp. files notice in Alex Jones’ Infowars bankruptcy case
next post
Pentagon bracing for sweeping changes after Trump nominates Pete Hegseth for secretary

related articles

MIKE DAVIS: Clinton-appointed judge once again sabotages DOJ’s...

December 14, 2025

China’s missile surge puts every US base in...

December 14, 2025

Maduro trapped with few retaliation options after Trump...

December 14, 2025

State Department stays quiet as Albania reinstates deputy...

December 13, 2025

Maduro trapped with few retaliation options after Trump...

December 13, 2025

State Department stays quiet as Albania reinstates deputy...

December 13, 2025

MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must...

December 13, 2025

Republican House leader signals plan to begin contempt...

December 13, 2025

Cruz says Rep Ilhan Omar could face jail...

December 13, 2025

House GOP unveils healthcare plan ahead of vote...

December 13, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Where Vance and Walz favorability ratings stand 60 days to Election Day

    September 5, 2024
  • Fox News Power Rankings: Three governor’s races to watch on election night

    August 14, 2024
  • NATO leaders predict era of 2% defense spending ‘probably history’ as Trump reportedly floats higher target

    December 24, 2024
  • USDCHF and USDJPY: New Weekly Targets and Prices

    October 7, 2024
  • Senate defies Trump on global tariffs as Republicans join Democrats in rare bipartisan vote

    October 30, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,065)
  • Investing (694)
  • Stock (963)

Latest Posts

  • Hospitals nationwide challenge Trump’s executive order on transgender treatments for minors

    February 13, 2025
  • Republicans, Democrats trade barbs in heated hearing on activist judges blocking Trump agenda

    April 1, 2025
  • Massachusetts suspect charged with attempting to assassinate a Cabinet nominee

    May 10, 2025

Recent Posts

  • U.S. registers most outbreaks of global antisemitism in August: Watchdog report

    September 25, 2025
  • The price of natural gas is rising ahead of the coming storm

    September 11, 2024
  • Fox News Power Rankings: Is Kamala Harris unburdened by what has been?

    July 22, 2024

Editor’s Pick

  • House Democrats open probe into FBI’s handling of Epstein documents

    September 11, 2025
  • Japan leads Asia rebound after Monday mayhem but analysts warn volatility will persist

    August 6, 2024
  • Vance says his mission at GOP convention speech is ‘to fire up the crowd tonight’

    July 17, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock