President Trump last week suggested that a second reconciliation bill is not needed this year, but because the national debt is at $38 trillion and growing, policymakers need to act with a sense of ...

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 ...

WASHINGTON, June 16 (Reuters) - U.S. Democrats are discussing using reconciliation, an arcane Senate procedural tool, to enact President Joe Biden's ambitious infrastructure plans, going beyond fixing ...

Washington — President Biden is pushing Congress to act swiftly to address the ongoing coronavirus and put forth a sweeping proposal that would provide assistance to jobless Americans, families and ...

Republicans are cooking up a plan to have their upcoming budget reconciliation legislation include a proposal that’s long been a rallying cry for the conservative movement. Several GOP lawmakers have ...

To reconcile or not to reconcile — when it comes to a health overhaul bill, that seems to be the biggest argument of the moment. At issue is a process called budget reconciliation. By writing Obama's ...

As the year closes, Republicans are looking to the past for another dance with a partisan exercise that tested the party’s unity and delivered President Donald Trump his crowning legislative ...

Treasury Secretary Scott Bessent signaled Tuesday that lawmakers could use the budget reconciliation process to advance a new ...

Legislation released Monday contains language similar to the “REINS Act” and would affect environmental rulemakings. House Republicans are looking to use their massive party-line bill to strip federal ...

WASHINGTON (Reuters) - Having passed President Joe Biden's $1 trillion infrastructure bill with bipartisan support, U.S. Senate Democrats are moving on to the even more ambitious goal of approving ...