GOP Budget Resolution Passes By Two Votes, Advancing $4 Trillion in Tax Cuts and $2 Trillion in Spending Cuts

Benzinga 2025-02-26

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A Republican budget resolution narrowly passed in the House by two votes on Tuesday. All Democrats and one Republican opposed it. The measure includes over $4 trillion in tax cuts, $2 trillion in spending cuts, and a $4 trillion debt limit increase. It also directs $100 billion toward immigration enforcement and the military while requiring over $800 billion in federal program cuts. Speaker Mike Johnson and President Donald Trump worked to secure GOP votes, flipping key holdouts. The resolution now moves to the Senate.

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