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 ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. A bank reconciliation statement ...

The budget reconciliation process is meant to provide a fast-track process to amend spending and revenues to align with Congress’s budget plans. Because reconciliation is so powerful, Congress has ...