Category: $3.5 budget resolution

A Guide to the Powerful But Limited Budget Reconciliation Process

News Analysis The reconciliation process has been in the headlines for months as Democrats have moved ahead with the process to pass their expansive $3.5 trillion budget bill, a move that Republicans have strongly criticized. The process, while very powerful, must comply with a slew of rules and restrictions that normal legislation is not subject…


Pelosi, Schumer Announce ‘Agreement on a Framework’ to Fund Budget Bill

At a weekly press conference Thursday, Speaker of the House Nancy Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.), joined by Treasury Secretary Janet Yellen, announced that the White House, the House, and the Senate had negotiated a “framework” to pay for the $3.5 trillion Build Back Better Act. Opening the conference, Schumer said: “The…


Manchin Rejects Budget Reconciliation Process in Interview

In a Sept. 13 interview, Sen. Joe Manchin (D-W.Va.) rejected the reconciliation process being used to advance Democrats’ expansive $3.5 trillion budget bill. Under the budget reconciliation process, created in the 1970s, certain bills related to federal revenue and spending can be passed through the Senate with only a simple majority. This move allows these…


Sanders Reacts to Sen. Manchin’s Call to Pause Action on the $3.5 Trillion Budget Resolution

Senate Budget Committee Chairman Bernie Sanders (I-Vt.) said Democrats must act quickly to pass the $3.5 trillion budget resolution, after moderate Democrat Sen. Joe Manchin (D-W.Va.), who holds a key vote, called for pausing further action on the bill until the current inflation is assessed. “You can’t slow it down,” Sanders told The New York Times in an interview this weekend…


Sen. Manchin is “Very Persuadable” to Voting in Favor of $3.5 Trillion Budget: White House Chief of Staff

In response to an op-ed written by Sen. Joe Manchin (D-W.Va.) in which the senator said he opposed the $3.5 trillion budget resolution, White House chief of staff Ron Klain said that Manchin can be convinced to vote in favor of the budget resolution because it is fully paid for through tax increases on the…