Reconciliation Instructions in the FY 2022 Budget Resolution
Last Updated: August 9th, 2021
The Senate has released a budget resolution that provides the relevant committees with reconciliation instructions to advance President Biden’s Build Back Better agenda. This budget resolution is designed to allow for $3.5 trillion in spending, fully offset by revenue and other savings. The budget resolution gives House and Senate committees a non-binding September 15 deadline to submit reconciliation legislation to the House and Senate Budget Committees. The budget resolution does not include an increase in the debt ceiling.