The new rules would stand the reconciliation process on its head, by allowing the House to use reconciliation to push through bills that greatly increase deficits as long as the deficit increases result from tax cuts, while barring the use of reconciliation in the House for legislation that reduces the deficit if that legislation contains a net increase in spending (no matter how small) that is more than offset by revenue-raising provisions.
To translate: Bush tax cuts are fine, but, say, paying for infrastructure projects by taxing carbon would be forbidden, even if the net result would be a reduction in the deficit.
