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Reconciliation: Can Congress repeal the tax cuts for people who make over 250k after

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Pryderi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:13 AM
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Reconciliation: Can Congress repeal the tax cuts for people who make over 250k after
they pass the extension for everyone? That way dems only need 51 votes in the Senate.
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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:13 AM
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1. No budget, no budget reconciliation. n/t
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:17 AM
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2. Reconciliation covered in depth here...
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Pryderi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:22 AM
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3. That happened in 2009. They'll be able to do it before the end of the year this year, or in Jan.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:24 AM
Response to Reply #3
4. No budget... We're running on...
..continuing resolutions, which precluded the use of the reconciliation process.
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Pryderi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:26 AM
Response to Reply #4
5. Christ! WTF? Why don't we implement the budget process and use reconciliation????
Edited on Tue Dec-07-10 12:26 AM by Pryderi
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:29 AM
Response to Reply #5
6. No one in Congress wanted to pass a budget-budget...
Edited on Tue Dec-07-10 12:31 AM by Davis_X_Machina
...and then have it turned against them in the elections just passed.

On either side of the aisle. There was a wink-wink-nudge-nudge agreement to con-res the whole thing.

IIRC, this has happened in election years more often than not. It's theoretically defensible insofar as the new, incoming Congress, presumably more in tune with the nation, should probably write the sucker. Having the Federal FY begin in October puts it right down on top of campaign season.
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