https://www.cbsnews.com/news/house-budget-resolution-republicans/ Here's what to know about the budget resolution: What's in the House GOP budget plan? Speaker of the House Mike Johnson delivers remarks after the House passed the Republican budget resolution at the U.S. Capitol on Feb. 25, 2025.Kayla Bartkowski / Getty Images The budget resolution directs congressional committees to craft their own proposals to hit spending targets, increasing or decreasing funding by adjusting programs and policies that fall under their purview. Republicans want to cut trillions of dollars in spending to pay for trillions in tax cuts, while increasing funding in some areas. The video player is currently playing an ad. Though Senate Republicans have pushed for two bills to address Mr. Trump's priorities, House Republicans are pursuing one major bill to address border security, defense and energy priorities, along with $4.5 trillion in tax cuts. Their plan calls for at least $1.5 trillion in spending cuts over a 10-year period and instructs a number of committees to find ways to reduce their budget impact, while increasing spending for several other issue areas. The House Ways and Means Committee is tasked with implementing the $4.5 trillion in tax cuts over a decade. The resolution would also raise the debt ceiling by $4 trillion. Here are the areas where spending would increase: Up to $110 billion in additional spending for the Judiciary Committee Up to $100 billion for the Armed Services Committee Up to $90 billion for the Homeland Security Committee Here are the committees that are tasked with finding the cuts: At least $880 billion by the Energy and Commerce Committee At least $330 billion by the Education and Workforce Committee At least $230 billion by the Agriculture Committee At least $50 billion by the Oversight and Government Reform Committee At least $10 billion by the Transportation and Infrastructure Committee At least $1 billion by the Financial Services Committee At least $1 billion by the Natural Resources Committee The final product must be deficit-neutral to comply with reconciliation rules, and Republicans are relying on economic projections that show the tax cuts would spur economic growth that would increase tax revenues. Those projections have been questioned by outside experts and Democrats who describe them as overly optimistic. One analysis found that the budget proposal would allow for a deficit increase of $2.8 trillion through 2034. Rocket River
"Their plan calls for at least $1.5 trillion in spending cuts over a 10-year period and instructs a number of committees to find ways to reduce their budget impact, while increasing spending for several other issue areas. The House Ways and Means Committee is tasked with implementing the $4.5 trillion in tax cuts over a decade. The resolution would also raise the debt ceiling by $4 trillion." So . . . Cut Spending 1.5 Trillion Cutting Revenue by 4.5 Trillion Raising the Debt Ceiling +4 Trillion So in simple numbers IF THE 2024 Budget was 100 Trillion 2025 Budget - Will have .45 Trillion Less in revenue a year for the next 10 yrs Will have .15 Trillion less spending a year in the same 10 yrs SO - That means it will add .3 Trillion a year for the next 10 Yrs --- Beacse while we will spend less. . .we will bring in less Then they added 4Trillion to the Debt Ceiling because Someone explain to me where the savings . . the lowering the debt coming from? How is this helping Joe Public Non-Billionaire American? Rocket River
it will help the average Joe because when the billionaires get their massive tax cuts, they will choose to invest that into the American people by creating more jobs and increasing wages those billionaire tax savings will trickle down to the common folks tariffs will also help the common folk because we don’t actually pay the tariff, the other country does
They plan on kicking millions off of Medicaid just so they can pass multi trillion dollar tax cuts to billionaires and big corporations. This is the definition of "America first. " I genuinely don't know who's more brainwashed. The Germans of the 1930s or MAGA cultists
FY24 Defense Budget is $850B. +100B put FY25 close to $1Trillion. @HTM - Defense budget is continuing to go up YoY.
I just can’t get over the depravity of this base of Americans who worship at the alter of Trump. Just step back for a minute and realize that they are at their most celebratory of Trump during his first 100 days because he: -Blew up peace talks on live TV -Made widespread war in Europe much more likely -Joined an alliance made up of Putin, Kim Jung, and now Trump -Made a mockery of the Oval Office -Destroyed the ability for the US to get a valuable rare earth minerals deal -Made childish remarks to a world leader and threw a fit because he didn’t thank him enough -Blew our standing in the world to the point where our sphere of influence globally will be significantly diminished. Of all the things going on THIS is the moment that brings you out from the shadows to be like “fck yeah Trump 2028!!!”
Neither political party has the appetite to meaningfully address the defense budget. I find it lamentable.
