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Offsets

Illustration of four hands pulling at a dollar

An offset is a maneuver that attempts to ensure revenue-neutral taxing or spending in Congress. READ MORE

Reconciliation

Jack Jacobson Ken Salomon March 10, 2015
U.S. Capital building at dusk

A budgetary process by which Congress is able to pass legislation in an expedited manner in order to bring mandatory entitlement spending levels in line with the current budget resolution. READ MORE