July 8, 2022: FY2022 Budget Reconciliation and Infrastructure Update

Policy Resolution Group Reconciliation & Infrastructure Update

July 8, 2022

FY2022 Budget Reconciliation & Infrastructure 

Democratic leadership has started making progress on legislative pieces that may come together to form the basis for a partisan reconciliation package to be passed before the looming midterm campaign season and the September 30 procedural deadline. On July 6, Senate Democrats sent an agreement on drug pricing to the parliamentarian for review, an important step forward in talks. Energy and climate provisions remain in flux, as Senator Joe Manchin (D-WV) has reiterated his opposition to direct payment of tax credits. A reconciliation deal will still take significant compromise, legislative text drafting, and vetting through the Byrd bath process, but optimistic notes from both Sen. Manchin and Majority Leader Chuck Schumer (D-NY) may provide the spark needed to push ahead on a clean energy and healthcare focused bill before the August recess. Please find below the latest edition of the Policy Resolution Group’s FY2022 Budget Reconciliation & Infrastructure Update.

Included in this newsletter are sections on:
• State of Infrastructure and Reconciliation Negotiations
• Liam Donovan’s Bottom Line
• PRG Podcasts
• Document Library

Read the full update.