Senate Majority Leader Chuck Schumer on Monday released the full text of Democrats’ $3.5 trillion budget resolution, which the Senate is expected to pass without any Republican votes as early as this week.
Why it matters: Passing the resolution is the first significant step to enacting Democrats’ plans to overhaul the country’s climate, child care and health care laws through the budget reconciliation process.
- A reconciliation bill can’t be filibustered and requires only a simple majority (50 votes) to pass.
What’s next: Schumer also released reconciliation instructions for Senate committees to write different sections of the final spending bill as it relates to their policy areas.
- The resolution provides a target date of Sept. 15 for the committees to submit their reconciliation legislation.
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