Good afternoon. Thank you for joining us for a conversation about budget reconciliation. Im here with my colleague molly reynolds. We are both here with our Studies Program at brookings. We have both both written books about senate filibusters. Mollys book deals with ways to getaround the filibuster including using reconciliation. Your book is the exception to the rule, limitations in the u. S. Senate. My book is on the fipolitical history of the filibuster , and it is called politics and principle at work, filibustering in the us today. We will spend 30 minutes answering questions about reconciliation. For those of you who have submitted questions in advance thank you and we will cover i think a lot of the ground that you were curious about in our conversation and then we will turn to more audience questions. If youre viewing live you can submit questions for us by emailing events at brookings. Edu or via hashtag on twitter by using the hashtag reconciliation101. What exactly is a Rec
Hosting the discussion. Minutes n questions about reconciliation. For those of you who have submitted questions in advance, thank you. We will cover a lot of the ground that you are curious about in our conversation. Then, we will turn to more audience questions. If you are viewing life, you can submit questions by emailing. Or via twitter. Lets go. What exactly is a Reconciliation Bill . Maybe help us understand what isnt a Reconciliation Bill . Thank you. Budget reconciliation is an optional part of the budget process. That makes changes to one type of federal spending known as mandatory spending to revenue or to the debt limit. Mandatory spending is handled outside of the appropriations process. Often, it is determined by criteria, something like medicare. The overall blueprint that kicks off the congressional budget process, each one of those can produce up to three Reconciliation Bills. One effect only revenue. It one that affects only spending, and one that affects the debt limit
We are going to leave Washington Journal for a live event. Now to alive discussion about how the Budget Reconciliation Process works in congress. The Brookings Institution is hosting the discussion. My book is on the history of the filibuster. Coauthored with a colleague, steve smith. We are going to spend about 30 minutes answering some common questions about reconciliation. For those of you who have submitted questions in advance, thank you. We will cover a lot of the ground that you are curious about in our conversation. Then, we will turn to more audience questions. If you are viewing life, you can submit questions by emailing. Or via twitter. Lets go. What exactly is a Reconciliation Bill . Maybe help us understand what isnt a Reconciliation Bill . Thank you. Budget reconciliation is an optional part of the budget process. That makes changes to one type of federal spending known as mandatory spending to revenue or to the debt limit. Mandatory spending is handled outside of the app
Politics or principal . We are going to spend about 30 minutes answering some common questions about reconciliation. For those of you who have submitted questions in advance, thank you. We will cover a lot of the ground that you are curious about in our conversation. Then, we will turn to more audience questions. If you are viewing live, you can submit questions by emailing, or via twitter. Lets go. Molly, why dont you start us off. What exactly is a Reconciliation Bill . Maybe help us understand what isnt a Reconciliation Bill . Molly thank you. Budget reconciliation is an optional part of the budget process. That makes changes to one type of federal spending known as mandatory spending, to revenue , or to the debt limit. Mandatory spending is handled outside of the appropriations process. Often the spending is determined by criteria, something like medicare. Each Budget Resolution, the overall blueprint that kicks off the congressional budget process, each one of those can produce up