But, they still have one annual option to advance certain legislation with fiscal impacts: It’s called "Budget Reconciliation." And, it has been said in recent days that Democrats are increasingly looking to budget reconciliation to potentially pass the next COVID package. In order to have a budget reconciliation "vehicle" to use for legislation, the House and Senate must first adopt a budget. But…You only get one budget reconciliation package a year – providing you can adopt a budget. TALKS BETWEEN MCCONNELL AND SCHUMER STALLED OVER POWER-SHARING AGREEMENTBudget reconciliation has more consequences for the Senate than the House.
Source: Fox News January 26, 2021 05:21 UTC