Byrd rule

2 weeks ago | tax.thomsonreuters.com | Byrd rule |Maureen Leddy

As House Republicans ponder whether the Senate’s tax reform blueprint would drive deficits to an untenable level, another potential issue with the Senate approach is tied to Congress’ procedural rules. Early Saturday morning, the Senate passed its amendment to the House budget resolution, 51-48 — a step forward toward tax reform via reconciliation.

Jan 21, 2025 | edweek.org | Rick Hess |Byrd rule |Frederick M. Hess

If you follow what’s going on in Washington, you know that the Trump administration is primed to pursue big changes in federal taxes and spending through a process called “budget reconciliation” (most recently used to pass the Biden administration’s “Inflation Reduction Act”). Budget reconciliation, used 23 times since it was created by the 1974 Congressional Budget and Impoundment Act, could have enormous implications for school spending, student lending, and school choice.

Dec 18, 2024 | csis.org | Byrd rule |Sanam Rasool |William Reinsch |Thibault Denamiel

As the U.S. presidential and congressional election frenzy has subsided, policymakers face critical decisions regarding the fate of tax provisions enacted through the Tax Cuts and Jobs Act (TCJA) of 2017. The bill, introduced by then-representative Kevin Brady (R-TX) on November 2, 2017, with 24 Republican cosponsors, represented the most significant tax policy overhaul since the Reagan administration’s 1986 reform, introducing sweeping changes to individual, business, and international taxation.

Nov 25, 2024 | washingtonstatestandard.com | Jennifer Shutt |Ariana Figueroa |Byrd rule

WASHINGTON — Republicans in the Nov. 5 election took over the White House, the U.S. Senate and as of late Wednesday, the House, after calls were made in enough races to project a majority. They are expressing high hopes for unified control of government. But before they’ll be able to celebrate enacting sweeping changes to the country’s tax code or overhauling the health insurance marketplace, they’ll need to broker agreement between centrist lawmakers and far-right members in Congress.

Nov 25, 2024 | utahnewsdispatch.com | Jennifer Shutt |Ariana Figueroa |Byrd rule

WASHINGTON — Republicans in the Nov. 5 election took over the White House, the U.S. Senate and as of late Wednesday, the House, after calls were made in enough races to project a majority. They are expressing high hopes for unified control of government. But before they’ll be able to celebrate enacting sweeping changes to the country’s tax code or overhauling the health insurance marketplace, they’ll need to broker agreement between centrist lawmakers and far-right members in Congress.