House passage of Sen. Bernie Sanders’ (I-VT) $3.5 trillion reconciliation plan last month was not the end of the process, but rather just the beginning. Analysts are calling this one of the most complicated tax and spending pieces of legislation ever proposed as almost no area of the federal budget or tax code is off limits.
Much was made in reporting about the price tag of the package and the fact that utilizing this method allows the Senate to bypass the filibuster so it can be passed with only Democratic votes. However, there was little discussion of specific policies or tax measures in it because it did not contain any.
