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WASHINGTON—A powerful but little-known mechanism is expected to be employed in the upcoming Congress to advance significant parts of President-elect Donald Trump’s legislative agenda. The budget reconciliation mechanism can be used to pass certain types of legislation without having to clear the 60-vote filibuster threshold in the Senate. By avoiding filibuster, only a simple majority is needed in the Senate. Reconciliation, established by the 1974 Congressional Budget Act, can be used to pass measures related to three issues: taxation, spending, and debt. Under the Byrd Rule, named after the late Sen. Robert Byrd (D-W.Va.), reconciliation bills cannot increase the deficit beyond a decade and cannot be used to make changes to Social Security. Measures must originate from committees with jurisdiction over the subject matter. For instance, the Senate Commerce Committee can propose amendments related to transportation but not homeland security. The rule also states that reconciliation cannot be used to pass measures where the spending or taxing effects are minimal. For example, lawmakers might attempt to include an amendment in a border bill under reconciliation that requires the president to close the border if there are 100 illegal entries in a day. While such a provision involves costs, such as paying Border Patrol agents, the spending would be considered secondary, making the amendment likely inadmissible under reconciliation. Decisions on whether amendments are germane fall to the parliamentarian of the chamber where the amendment is introduced. The reconciliation process was used in the GOP’s unsuccessful attempt to repeal and replace Obamacare in 2017 but was successful later that year to pass Trump’s tax reform and tax cuts for the 2018 fiscal year, which began on Oct. 1. Since reconciliation bills are tied to the fiscal year, the deadline for passage expires on Sept. 30. For instance, a reconciliation bill to fund border security could have a top-line number of $1 trillion. Total costs in the bill cannot exceed that amount, leading to some measures being excluded or reduced. A border bill with that top-line could allocate $50 million for a border barrier, but this would mean $50 million less for other priorities, such as border technologies. In the Senate, up to 20 hours of debate is allowed on the budget resolution. The process typically includes what is known as a “vote-a-rama,” during which senators propose unlimited amendments, many of which are symbolic. These amendments are often an attempt by the opposition to delay or block the resolution, even though it requires only a simple majority to pass. The House GOP leadership has been mostly quiet on what will be passed using reconciliation. House Speaker Mike Johnson (R-La.) said that the details will be revealed “in the coming weeks.” Based on Trump’s campaign promises, it is expected that Republicans will use the mechanism to expand the 2017 tax cuts and repeal at least parts of the Inflation Reduction Act.Gaxos.ai Inc. (NASDAQ:GXAI) Short Interest Up 970.1% in December
Anthem Blue Cross Blue Shield said in a statement that its decision to backpedal resulted from “significant widespread misinformation” about the policy.SPARTANBURG, S.C. (AP) — Nico Galette scored 20 points as Youngstown State beat South Carolina Upstate 72-64 on Saturday. Galette also added three steals for the Penguins (8-5). EJ Farmer scored 11 points while shooting 3 for 9 and 5 of 5 from the free-throw line and added six rebounds. Ty Harper shot 3 for 6, including 1 for 3 from beyond the arc to finish with nine points. It was the sixth straight win for the Penguins. The Spartans (4-11) were led by Mister Dean, who posted 23 points, seven rebounds, four assists and two steals. Breylin Garcia added 16 points and six rebounds for South Carolina Upstate. Karmani Gregory had nine points, five assists and three steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .