The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

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

by admin November 18, 2024
November 18, 2024
What is reconciliation, the tool Republicans want to use to ‘push the outer limits’ on federal policy?

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
FacebookTwitterGoogle +Pinterest
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 Posts

Waltz doubles down on Hegseth praise amid ongoing...

April 28, 2025

Trump revokes Kamala Harris’ Secret Service protection, spokesperson...

August 29, 2025

Hillary Clinton blasts Trump’s legal woes amid ‘lock...

August 20, 2024

Trump flips ‘I’m talking’ script from 2020 debate...

September 11, 2024

Trump fills latest Cabinet spots as Jan. 20...

January 11, 2025

Harris never led Trump, internal polls showed —...

November 28, 2024

New poll reveals how well voters know the...

August 3, 2024

US and Israel urgently need to replenish weapons...

July 25, 2025

UK, France, Germany trigger UN sanctions on Iran...

August 29, 2025

What Musk’s fracture with Trump means for GOP’s...

July 21, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • China outlines more controls on exports of rare earths and technology

      October 11, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      October 11, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      October 11, 2025
    • White House turns to expanding Abraham Accords after Israel-Hamas ceasefire

      October 11, 2025
    • Georgia’s Mike Collins needles Ossoff in new ad over shutdown’s toll on airports, workers

      October 11, 2025
    • Bondi announces arrest of ‘coward’ who allegedly threatened conservative influencer following Kirk’s murder

      October 11, 2025

    Categories

    • Business (1,417)
    • Politics (4,710)
    • Stocks (1,701)
    • Uncategorized (45)
    • World News (1,410)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, 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 thetraderharbor.com | All Rights Reserved