The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA)...
The House-adopted Fiscal Year (FY) 2025 budget resolution calls for up to $2 trillion in spending cuts as partial offsets for $4.8 trillion of tax cuts and spending increases. Even with those offsets...
Updated 3/11/25: On March 11, the House passed another continuing resolution to extend government funding through the end of the fiscal year. The measure passed the House by a vote of 217 to 213 and...