Senate Releases Compromise Budget Resolution

The Senate released a budget resolution on April 2 as part of a compromise with the House of Representatives, as Republicans look to enact President Donald Trump’s agenda. Both houses of Congress must pass an identical budget resolution to begin the process called budget reconciliation. This mechanism allows for measures related to taxing, spending, and the national debt to pass without facing the 60-vote filibuster threshold in the Senate that applies to most legislation. The new version follows weeks of negotiations between the House and the Senate. It instructs both the House and Senate to reduce the deficit by $1.5 trillion over a decade and make Trump’s 2017 tax cuts permanent....