Reconciliation Instructions in the FY2006 Budget Resolution (CRS Report for Congress)
| Release Date |
Oct. 18, 2005 |
| Report Number |
RS22302 |
| Report Type |
Report |
| Authors |
Mary Frances Bley, Knowledge Services Group; and Robert Keith, Government and Finance Division |
| Source Agency |
Congressional Research Service |
Summary:
The House and Senate reached final agreement on April 28, 2005, on a budgetresolution for FY2006 (H.Con.Res. 95) which included reconciliation directivesexpected to lead to the consideration of three different reconciliation bills during thesession: (1) an omnibus spending reduction measure, incorporating submissions fromeight House and eight Senate committees; (2) a revenue reduction measure; and (3) apublic debt limit increase measure. The omnibus spending bill is intended to reduceoutlays by $1.519 billion for FY2006 and $34.658 billion for the five-year periodcovering FY2006 through FY2010; the revenue bill is intended to reduce revenues by$11 billion for FY2006 and $70 billion for the period FY2006-FY2010; and the thirdbill is intended to increase the public debt limit by $781 billion.
