How Senate Rules Could Slow Down Any GOP Tax Cuts

By Forbes | Nov 7, 2024 at 07:01 PM EST

Speculation surrounds potential tax cuts after a Republican victory in the 2024 elections. However, the process may be complicated by reconciliation, a key factor in budget negotiations. Reconciliation allows for faster approval of budget bills but has limitations, such as the Byrd Rule, which prohibits certain policy changes.

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