FastSaying
Reconciliation is a special budget procedure to change entitlement and tax laws. It cannot be filibustered and requires only a simple majority in the Senate to be passed. It is primarily intended for deficit and mandatory spending reduction.
Jeff Miller
Budget
Cannot
Change
Deficit
Entitlement
Intended
Laws
Majority
Mandatory
Only
Passed
Primarily
Procedure
Reconciliation
Reduction
Requires
Senate
Simple
Special
Spending
Tax
Related Quotes
When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!
— Kent Conrad
Bush
Cuts
Deficit
The Farm Bill is one of the only bills that provides substantial deficit reduction that passed the Senate this year. It only makes sense that this deficit reduction bill would be included in a larger deficit reduction agreement.
— Debbie Stabenow
Agreement
Bill
Bills
Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.
— Monica Crowley
About
Choices
Deficit
But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.
— David Plouffe
Belief
Debt
Deficit
Halfway down, it requires a mandatory rappel.
— Terry Cunningham
Halfway
Mandatory
Requires