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How the 2018 budget resolution process may impact you and your retirement

The passage of the House budget resolution is one small step in a long and complicated legislative process that may spark significant changes to the current federal retirement system.

Or, it may not.

Republicans are serious about enacting a budget resolution this year, which they see as the vehicle to put their top legislative priority €”tax reform€” in motion.

Budget resolutions set spending levels under broad legislative categories and arena€™ presented to the president. They can also include a reconciliation instructions, a€ which set the procedures for enacting parts of the resolution into law.

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