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
House Republicans unveiled a long-awaited budget blueprint on Wednesday that tees up $1.5 trillion in proposed spending cuts over the next decade.
It also includes a $4 trillion hike to the debt limit and a $4.5 trillion ceiling in expected costs from extending President Trump’s sunsetting tax cuts from 2017.
House Budget Committee Chair Jodey Arrington’s budget blueprint is the byproduct of weeks of planning and negotiations that have seen Republicans clash behind closed doors and in public over the depth of spending cuts.
The plan is still expected to frustrate some Republicans who sought more spending cuts, but almost any GOP opposition would threaten to derail the president’s agenda.
Debt hawks wanted closer to $2.5 trillion in spending cuts, especially if they also have to vote to increase the debt limit.
House Ways and Means Chair Jason Smith, Missouri Republican, cited the Congressional Budget Office’s estimate that permanently extending Mr. Trump’s first-term tax cuts would cost $4.6 trillion as reason for not going below that number for his panel, given that the president wants to add more tax cuts that exempt tips, overtime and Social Security benefits from income taxes. Those new tax breaks would cost trillions more over the next decade.
The budget resolution will set spending and revenue targets for a forthcoming reconciliation package of sweeping tax and spending cuts, energy policy changes and funding for border security, immigration enforcement and the national defense It will allow Republicans to ram this agenda through Congress with party-line votes and without the threat of a filibuster by Senate Democrats.
The blueprint now goes to 11 House committees that will add the final details to the budget reconciliation package. They have until March 27 to finish the package, putting the House on track to hit House Speaker Mike Johnson’s goal to pass Mr. Trump’s legislative agenda by late May.
But the plan is markedly different from the Senate’s, where lawmakers on the Senate Budget Committee plan began marking up their budget blueprint on Wednesday.
Senate Budget Committee Chair Lindsey Graham’s plan strays from the House’s vision of “one big, beautiful bill,” and aims for a two-bill strategy in the budget reconciliation process.
Mr. Graham’s plan, which the Senate Budget Committee began reviewing Wednesday, would tee up a $345 billion package focused on border, defense and energy policy. Another package of tax cuts and broader spending cuts would come later in the year.
• Lindsey McPherson contributed to this story.
• Alex Miller can be reached at amiller@washingtontimes.com.