House Republicans unveiled a budget resolution aiming to slash $2 trillion from federal spending. The proposal directs various congressional committees to identify spending reductions, including $880 billion from the Energy and Commerce Committee and $230 billion from the Agriculture Committee. It also includes $4.5 trillion in tax cuts and a $4 trillion debt ceiling increase. The plan faces scrutiny, with Democrats criticizing the cuts' impact on crucial services and questioning the focus on reducing spending in certain areas while overlooking others like the Department of Defense.
House Republicans on Wednesday released a new budget resolution which would cut $2 trillion from the federal checkbook.
Also included in the proposal are $4.5 trillion in tax cuts and a $4 trillion debt ceiling increase. The House Budget Committee is slated to consider the plan Thursday. “There will be ongoing debates and discussions in the coming weeks, and we remain focused on working through the process to deliver on our promises made to the American people,” he added. “There’s still much work to be done, but we are starting on the right path.”
BUDGET CONGRESS REPUBLICANS TAX CUTS FEDERAL SPENDING
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