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Retirement Planning > Spending in Retirement > Required Minimum Distributions

5 things to know about the Congressional budget fight

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So why exactly haven’t Senate Democrats produced a budget resolution in recent years? A common barb is that working without any kind of budget to restrain them, government spending has risen unchecked, but it’s not quite so simple. And the reasons for it offer an interesting look at the dynamic of budgetary politics. Among the reasons for a lack of budget resolution? One isn’t formally required, for starters. And a resolution requires whoever crafts one to stick their neck out politically on spending/cutting initiatives that can come back to haunt them if they are interested in the larger game of chess that is Congress. Check out this article for more.