The House Budget Committee voted along party lines Thursday evening to approve a fiscal framework that inches Republicans closer to their prized “big, beautiful” reconciliation bill that would increase military and border security spending while cutting taxes and slashing domestic and social programs.
House leadership struck a deal with the House Freedom Caucus tying tax provisions more closely to spending targets to bring on board holdout Reps. Chip Roy, R-Texas, and Ralph Norman, R-S.C. The two voted to approve the fiscal 2025 budget resolution after calling for further assurances that the House would pursue aggressive spending cuts, and in Roy’s case roll back clean energy tax incentives.
The 21-16 vote paves the way for the House to take up the resolution on the floor, as Republicans in that chamber race to keep up with the Senate’s plans to pursue a slimmer $345 billion reconciliation bill that would leave the tax debate until later in the year. The Senate could take up its competing fiscal 2025 budget as soon as next week on the floor.
