On the recordJune 28, 2025
We are here to address a fundamental violation of the law--of section 313--the Senate rules for reconciliation. To try to summarize this in the simplest words possible, 100 Senators voted to have a special fast-track, filibuster-free pathway solely for reducing the debt. The first principle was that no deficits could be created in a 10-year period. Our Republican colleagues blew that up in 1996 when they wanted to do a tax bill that would create massive deficits. Then a second pillar was no deficits in any title of the bill in any year after the first 10 years. This bill, right now, if this passes, blows that up. The third was to use honest numbers, Congressional Budget Office numbers. I have a letter here from the Congressional Budget Office, and they say that the estimate is relative to the CBO's January 2025 baseline.
Source
govinfo.gov




