Is it in place forever? I thought with reconciliation there was an expiration.
Nothing is forever unless good people sit there and take it.
And there's the rub. The original Senate bill - with the Cornhusker kickback, Louisiana Purchase. etc. - is NOT a reconciliation bill. Once that is passed and signed - it is forever unless repealed.
It is the CHANGES to the bill they are trying to pass that are part of the reconciliation bill they want to pass. Those are the things that will expire after 10 years unless re-approved by Congress. If the reconciliation bill is not extended, then after 10 years, the original terms of the bill go back into force.
Doesn’t matter, in an article by Newt Gingrich this morning, he said that the easiest thing to do would be to simply replace the legistlation after 2010.