House’s tax, budget plan heads for a floor vote

Feb. 14, 2025, 11:05 AM UTC

House Panel Advances Reconciliation Plan

House Republicans finally cleared the first hurdle to unlock the budget reconciliation process, advancing a resolution for their tax, spending, and debt-limit agenda out of committee last night.

The next step, putting up the budget framework for a full vote on the House floor, could prove to be a far more arduous task. Read More

GOP leadership struck a deal with conservative hard-liners to alter the budget resolution yesterday, implementing stronger language to support a goal of $2 trillion in spending cuts to offset tax cuts and increased spending toward the border and defense.

House ...

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