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OCTOBER 14, 2021
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Copy LinkCongress is considering a $3.5 trillion budget reconciliation bill that is touted as a transformational change in the role of government in the US economy. At that size, the reconciliation bill would be among the largest single pieces of legislation ever enacted, and so would have at least the sheer mass to move the economy and significantly increase the role of government.
And the Democratic House and Senate leadership’s decision to use the reconciliation process for this massive budget bill expedites its enactment, but with the adverse side effects of making the bill and the process less transparent and obviating the need for careful committee consideration and bipartisan cooperation and support.
The economy is already at risk from the unsustainable federal budget deficits and debt, which even a truly “paid-for” reconciliation bill would not address. Rising deficits and interest costs will crowd out the economy’s ability to invest and grow, as well as government’s capacity to respond to threats and contingencies and to prepare for the future.
As an attendee of this webcast, you will learn:
Who Should Attend: Business executives and public policy leaders who are seeking to learn more about the $3.5 trillion reconciliation omnibus budget legislation, its current status and why fiscal debt matters
Former Director of Budget and Appropriations in th…
Bipartisan Policy Center
Former Senior Vice President and Director of Resea…
Committee for Economic Develop…
Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.
This On-Demand Webcast is Complimentary.
