Reconciliation Accelerates in Senate

Recent developments indicate that the reconciliation process in the Senate is gaining momentum. A meeting among Senate Republicans revealed that a vote on a joint House-Senate budget resolution could happen as soon as next week, a timeline that has accelerated from previous estimates. Key discussions have involved the current policy baseline, which could significantly impact how the budget resolution is framed, but the parliamentarian's ruling on this matter remains awaited. The urgency is underscored by projections from the Congressional Budget Office regarding the debt limit, which are influencing the pace at which Republican leaders are aiming to pass a resolution before the upcoming recess.