Difference between revisions of "Reconciliation process"
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| − | Reconciliation process | + | '''Reconciliation process''' is a process established in the [[Congressional Budget Act of 1974]] by which [[Congress]] changes existing [[law]]s to conform [[tax]] and spending levels to the levels set in a [[budget resolution]]. Changes recommended by [[committee]]s [[pursuant]] to a reconciliation instruction are incorporated into a reconciliation measure.<ref>[https://www.senate.gov/reference/glossary_term/appropriation.htm] US Senate Reference</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:United States Senate Terms]] | [[Category:United States Senate Terms]] | ||
Latest revision as of 19:28, September 26, 2018
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]