The Reconciliation Process and Tax Reform: Background and Frequently Asked Questions

November 9, 2017

For the second time this year, Congress intends to use the so-called “reconciliation” process to pass substantive legislation. Despite its buzzword popularity, and the hope among many that it serves as a panacea to Congressional gridlock, reconciliation is a limited process that anyone seeking to take advantage of the benefits it offers would be well-advised to understand.

This article provides a brief discussion of reconciliation procedures and answers to frequently asked questions about the process.

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