AdvertisementA $1.5 trillion question: What is budget reconciliation? Here's an explainerUpdated November 04, 2021Eric McDanielKelsey SnellfacebookEmailA copy of the Tax Cuts and Jobs Act conference report sits at the U.S. Capitol on Dec. 18, 2017. The legislation was passed using the budget reconciliation process. (Getty Images)This article was originally published on September 14, 2021.