This week, new reporting revealed that the White House and Congressional Republicans are eyeing another reconciliation bill to continue delivering economic relief for Americans. Significantly, Senate Finance Committee Chairman Crapo added that there were over 200 tax proposals they were considering that did not make it into the Big, Beautiful Bill:

A White House official, granted anonymity to share details about private conversations, said another filibuster-skirting reconciliation bill is under discussion. The conservative Republican Study Committee has launched a “Reconciliation 2.0” working group and is hosting staff briefings throughout the summer recess to begin generating recommendations for follow-up legislation.

And Senate Finance Committee Chair Mike Crapo (R-Idaho) said he’s open to considering as many as 200 tax proposals from his members that were ultimately not included in the first megabill.

One way to ensure that a new reconciliation bill delivers for consumers is to include a bill that cracks down third party litigation financing once and for all. Unfortunately, while third party litigation financing was originally included in the Big, Beautiful Bill, arcane parliamentary rules kept it out of the final bill. Now it looks like American consumers might have a second chance at relief. One Congress should not let go to waste.

Third party litigation financing is the practice by which Wall Street investment funds, foreign oligarches, or dark-money groups provide cash up front to finance and pursue predatory lawsuits against American companies. This practice increases the number of frivolous lawsuits and raises costs both for small businesses and American consumers. At a time when rising prices are negatively impacting families across the country, this is a common-sense solution that delivers real relief. Congress must act in any future reconciliation bill to tackle the scourge of third party litigation financing.