House advances budget proposal with $2 trillion spending decrease, plan to extend Trump tax cuts

The House GOP has advanced a budget resolution with $2 trillion in cuts to government spending along with a plan to extend the 2017 Trump tax cuts and increase funding for both border security and defense by $300 billion.

According to The Hill, the “one big, beautiful bill” that President Donald Trump has called for was advanced last Thursday by the House Budget Committee, clearing the first legislative hurdle to be considered for a vote on the floor of the lower chamber.

The resolution includes a target of cutting government spending by $2 trillion as well as a plan to extend Trump’s 2017 tax cuts that are set to expire at the end of 2025. The outline also includes a provision to increase border and defense spending by $300 billion.

However, there have been tensions growing with the Senate and House GOP on how to accomplish some of Trump’s goals, many of which are included in the budget resolutions, the outlet reported. 

This week in the Senate, a vote is expected on the Senate GOP's own budget proposal, which has split a spending resolution into two parts to then be pushed through via budget reconciliation. Both conferences have debated about the strategy for the last few months, and neither group is looking to break soon, the outlet reported.

House GOP Chair Lisa McClain (R-MI) said on Fox News, “What the budget resolution does is merely unlock the ability for us to go into committees to do budget reconciliation, to make transformational change, like the president talked about, and implement his full agenda. And I’m confident that House Republicans will carry through on that agenda, not only for the president, but for the American people as well."

The Senate GOP, however, is not thinking similarly, and is bringing its budget resolution to the floor his week and is pushing the two-track strategy as opposed to the one bill from the House GOP.

Senate Majority Leader John Thune (R-SD) has particularly been pushing for the two-pronged budget resolution. Thune has attempted to collaborate with House Speaker Mike Johnson, but he is reportedly in a difficult position where he is at.

The lower chamber is out of session this week, and Senate Republicans believe now is the time to get moving within Trump's first 100 days in office.