Midterms & Your Wallet
The WealthAbility Show with Tom Wheelwright, CPA
The Senate Budget Reconciliation Process Is Not Filibustered
A process called reconciliation allows the Senate to pass one bill per year. Reconciliation can only be used for tax and budget bills; it cannot make regulatory changes. The 2001 tax cuts were passed under reconciliation, as well as much of Obamacare.
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