Budget Rule Change: No Deficit Increase from Reconciliation Bills
This bill changes how Congress plans the nation's finances. It adds a rule that says certain budget actions cannot make the national debt bigger over the years covered by the plan. This means future laws passed using this method must be balanced to avoid adding to the deficit.
Key points
Changes a key rule for how Congress makes budgets.
Requires certain budget decisions to not increase the national debt.
Aims to limit adding to the deficit through a specific legislative process.
Expired
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