This paper develops a bicameral stability model wherein the conference
committee serves as a vehicle for mutually advantageous bicameral exc
hange. The goal is to maintain a single party's bicameral majority. Ma
jority party leaders use the conference committee to attenuate the out
lying positions of House standing committees that threaten the bicamer
al majority. Conference outcomes favor the Senate because it is more v
ulnerable to party turnover. Statistical results on data from the U.S.
Congress, 1949 through 1991, demonstrate that when one party holds a
bicameral majority, a relative increase in conference bills preserves
at the margin, Senate majority-party seats at the expense of House maj
ority-party seats.