Wednesday, February 3, 2021 | |||||
Floor Schedule and Procedure: Complete Consideration of H.Con.Res. 11 – Establishing the congressional budget for the United States Government for fiscal year 2021 and setting forth the appropriate budgetary levels for fiscal years 2022 through 2030 (Rep. Yarmuth – Budget) Adoption of the resolution will give committees the option to use reconciliation to create legislation to enact President Biden’s American Rescue Plan – a multiprong approach to tackling the public health and economic crises stemming from the COVID-19 pandemic.
Should it be utilized, reconciliation provides an expedited track to allow the American Rescue Plan to pass with a simple majority in the Senate.
The resolution sets a budgetary target for reconciliation of up to $1.9 trillion – the estimated cost of the American Rescue Plan – and allocates the funds across the different House committees of jurisdiction. It instructs the committees to report legislation consistent with the targets to the Budget Committee by February 16.
The resolution is a procedural step to provide the option of using reconciliation to deliver on President Biden’s proposals for the American people.
Click here for bill text.
Click here for a summary from the Budget Committee.
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QUOTE OF THE DAY: “Real education means to inspire people to live more abundantly, to learn to begin with life as they find it and make it better” Dr. Carter G. Woodson |