Understanding Complex Budget Terms and Processes: What is Budget Reconciliation?
Reconciliation is a powerful process, whereby legislation drafted to meet those instructions has an easier path to passage.
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Reconciliation is a powerful process, whereby legislation drafted to meet those instructions has an easier path to passage.
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
Five think tanks propose specific measures for resolving the fiscal cliff impasse and putting America on a sustainable long-term fiscal path.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-ii
The paper examines the close linkage between America's fiscal health and economic performance.
https://www.pgpf.org/blog/pgpf-special-report-fiscal-balancing-act
The primary role of the Senior Director, Tax Policy, is to track, research, analyze and assess the impacts of current, proposed and potential federal tax and revenue policies.
https://www.pgpf.org/about/careers/senior-director-tax-policy
The Senior Director will engage with a range of research organizations from across the ideological spectrum to initiate new ideas, refine existing ones, and promote the combination of those most likely to address America’s long-term fiscal challenges.
https://www.pgpf.org/about/careers/senior-director-fiscal-policy
PGPF Solutions Initiative plans from five think tanks show declining federal debt through 2037.
A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
“Our country is on an unsustainable fiscal path, and reforming our broken budget process can be an important part of improving our fiscal future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.