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Senate Majority Leader John Thune, R-S.D., emerges from the chamber just after passage of the budget reconciliation package of President Donald Trump's signature bill of big tax breaks and spending cuts, at the Capitol in Washington, Tuesday, July 1, 2025. (AP Photo/J. Scott Applewhite)

Follow the Budget Act and use budget reconciliation this year

President Trump last week suggested that a second reconciliation bill is not needed this year, but because the national debt is at $38 trillion and growing, policymakers need to act with a sense of urgency and use the budget reconciliation process to cut spending and enact important policy reforms.