Republicans prepare to fast-track tax cuts in reconciliation

Republicans are getting ready to fast-track the extension of the Trump tax cuts through the reconciliation process if they win big in November.

Nearly seven years after the GOP used budget reconciliation to pass the Tax Cuts and Jobs Act (TCJA), the party is gearing up to use the same maneuver to renew key provisions set to expire in 2026.

While most legislation needs the support of 60 senators to avert a filibuster, budget reconciliation allows lawmakers t...