Legal Alert: Budget Reconciliation Act I – Setting the Stage: Senate provides slim details of Budget Resolution Agreement

On Monday, August 9, the Senate released the framework for the Fiscal Year 2022 Budget Resolution Agreement, and subsequently passed the resolution in a 50-49 partisan vote on August 10. The resolution now goes to the House, as both chambers of Congress must pass the final reconciliation bill. The framework totals $3.5 trillion in Budget Reconciliation instructions. The instructions aim for “every major program proposed by President Biden to receive robust funding.” While details on the Budget Reconciliation are slim, the framework provides hints at what is to come.  

Read our Legal Alert for the key highlights from the framework.

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