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Budget reconciliation may not be catchy, but it's been a vital tool for many presidents, including Ronald Reagan, whose first federal budget was a watershed in the history of federal fiscal policy.

Reconciliation is a special process that essentially makes it easier for legislation to pass the Senate. Reconciliation bills cannot be filibustered; they can be passed by a simple majority.

Senate Republicans pushed a mammoth budget reconciliation bill through their chamber Tuesday morning over vehement Democratic ...

The budget reconciliation process gives Congress an expedited way to advance certain spending and tax bills. Democrats are using the process to pass their sweeping $1.85 trillion social safety net ...

However, reconciliation has also been used to enact tax cuts to increase deficits by Republicans. That is, until 2007 when Democrats took control of both chambers and prohibited the use of ...

Reconciliation is a process for passing a certain type of fiscal legislation with just a simple majority of 51 Senate votes — rather than the 60 that would be needed to overcome a filibuster.

Reconciliation was created through the Congressional Budget Act of 1974, a Watergate-era law that sought to rationalize the process by which Congress set the federal budget.