Free Trial

Senate Parliamentarian: Reconciliation Can Be Used To Pass Leg (RTRS)

US

U.S. Senate parliamentarian has issued an opinion that a revised budget resolution may contain budget reconciliation instructions, U.S. Senate Democratic leader Chuck Schumer's spokesman said in a statement on Monday. Spokesman Justin Goodman, who called the parliamentarian's opinion "an important step forward," said no decisions had been made on whether Democrats will use the procedural tool, which allows legislation to pass by a simple majority, avoiding the Senate's usual 60-vote threshold.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.