Difference between revisions of "Reconciliation process"

Revision as of 20:59, January 11, 2009

Reconciliation process is a process established in the Congressional Budget Act of 1974 by which Congress changes existing laws to conform tax and spending levels to the levels set in a budget resolution. Changes recommended by committees pursuant to a reconciliation instruction are incorporated into a reconciliation measure. ^[1]

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+'''Reconciliation process''' is a process established in the [[Congressional Budget Act of 1974]] by which [[Congress]] changes existing [[law|laws]] to conform [[tax]] and spending levels to the levels set in a [[budget resolution]]. Changes recommended by [[committee|committees]] [[pursuant]] to a reconciliation instruction are incorporated into a reconciliation measure. <ref>[http://www.senate.gov/reference/glossary_term/appropriation.htm] US Senate Reference</ref>
-Reconciliation process - A process established in the [[Congressional Budget Act of 1974]] by which [[Congress]] changes existing [[law|laws]] to conform [[tax]] and spending levels to the levels set in a [[budget resolution]]. Changes recommended by [[committee|committees]] [[pursuant]] to a reconciliation instruction are incorporated into a reconciliation measure. <ref>[http://www.senate.gov/reference/glossary_term/appropriation.htm] US Senate Reference</ref>
 ==References==
 <references/>
 [[Category:United States Senate Terms]]