Reconciliation 3.0
House Speaker Johnson (R-LA) says that Republicans can pass a third reconciliation bill that will address voters’ affordability concerns and other Republican priorities by the end of July. Others in the party are skeptical. Rank and file members have lots of different, and sometimes competing, priorities, making it difficult to put together a package that could win the support of virtually the entire conference. A large bill would require significant, potentially unpopular, spending cuts to satisfy deficit hawks. But moderates do not want to be in the position of having to vote for such provisions so close to the midterm elections.