If you asked me in 2005 to define budget reconciliation, I may have assumed you were talking to me about reconciling my personal budget. The truth is: budget reconciliation is essentially “reconciling ...

Your company's reconciliation of net worth, also known as surplus reconciliation, is the accounting of business deals that increase or decrease its net worth. The goal of the reconciliation is to ...

Accounting makes use of what is commonly called a double-entry method. This means that every time a credit is entered, a debit is entered. When a small business reconciles its revenue, it shows not ...

AI-powered integrations and features in modern bookkeeping software like QuickBooks can make account reconciliation easier, ...

Pending tax and spending legislation is putting additional upward pressure on the U.S. national debt. Much like the broader U.S. budget process, a legislative procedure currently being used to advance ...

Top Senate Republicans want to pass their party’s wide-ranging agenda with two different acts by using a legislative process called budget reconciliation, a technical workaround that avoids the ...

This story is part of "The Basics" from The NPR Politics Podcast, where we regularly explain a key idea behind the news we talk about on our show. Subscribe to The NPR Politics Podcast here.

There’s been a lot of buzz on Capitol Hill lately around the term "budget reconciliation." It’s how the Senate passed another COVID-19 stimulus relief in March, this one worth $1.9 trillion. Now, it’s ...

The word “reconciliation” sounds benign, even harmonious. But in Washington, D.C., reconciliation refers to a potent legislative shortcut that allows the party in power to avoid opposition and enact ...

The House and the Senate use reconciliation to navigate decisions on spending, taxes, and budget deficits. It's especially powerful in the Senate because it allows a simple majority of 51 votes ...