House Unveils $60B Reconciliation Bill—83% Less than Requested
The package would bypass the Senate filibuster and directs House lawmakers to decide how the defense money will be spent.
- The House Budget Committee advanced a $95 billion legislative package Thursday, known as Reconciliation 3.0, using a special budget process to bypass the Senate's 60-vote requirement.
- Republicans intend to use reconciliation to circumvent the Senate's supermajority requirement, allocating $60 billion for defense, $12 billion for farm aid, and $10 billion for the Safeguard American Voter Eligibility America Act.
- However, the $60 billion defense allocation falls $290 billion short of the President's budget request and fails to meet the $67 billion required for Iran War expenses.
- Senate Majority Leader John Thune expressed skepticism of the aggressive timeline, while the Senate Budget Committee faces leadership uncertainty following Chairman Senator Lindsey Graham's death on Saturday.
- House Speaker Mike Johnson aims to pass the package before the August recess begins July 23, while Republicans sprint to also advance a stock trading ban and crucial funding measures.
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Tick-Tock: House GOP Races Against The Clock On Recess, Gridlock, And Internal Feuds - Tampa Free Press
House Republicans are sprinting to pass a massive $95 billion reconciliation bill, a stock trading ban, and crucial funding measures before Congress breaks for its four-week August recess. While House Speaker Mike Johnson expressed optimism about passing the reconciliation package, Senate Majority Leader John Thune was skeptical, telling reporters the aggressive timeline was “news to […] Tick-Tock: House GOP Races Against The Clock On Recess, Gr…
What Will Happen to “Reconciliation 3.0” With Lindsey Graham Gone?
With Graham gone, the U.S. House appears to be taking the lead. The House Budget Committee has already passed a resolution to advance the reconciliation bill to the House floor. ... The post What Will Happen to “Reconciliation 3.0” With Lindsey Graham Gone? appeared first on The New American.
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