House Republicans are laying the groundwork for sweeping tax cuts and deep spending reductions, unveiling a budget blueprint that would extend $4.5 trillion in Trump-era tax breaks while cutting $1.5 trillion in federal programs over the next decade.
The plan, which also includes a $4 trillion debt ceiling increase, would shift funding away from social services — including Medicaid, education, and food assistance — while increasing spending on defense and border security.
The Energy and Commerce Committee has been tasked with cutting $880 billion, while the Education and Workforce Committee faces a $330 billion reduction.
At the same time, Trump’s mass deportation initiative would receive a $90 billion boost, and defense spending would rise by $100 billion.
With tensions mounting in Congress, the debate remains: Will these tax cuts and spending shifts stimulate economic growth, or will they deepen inequality and financial hardship for millions?