Product Description
The budget reconciliation process is an optional procedure that operates as an adjunct to the budget resolution process established by the Congressional Budget Act of 1974. The chief purpose of the reconciliation process is to enhance Congress’s ability to change current law in order to bring revenue, spending, and debt-limit levels into conformity with the policies of the annual budget resolution. Reconciliation is a two-stage process. First, reconciliation directi… More >>
The Budget Reconciliation Process
Tags: adjunct, Budget, budget reconciliation process, budget resolution, chief purpose, conformity, congressional budget act, debt limit, first reconciliation, Process, Reconciliation