Overview
- Republican Study Committee leaders unveiled a menu-style framework projecting roughly $1.6 trillion in spending reductions and a net deficit cut above $1 trillion over 10 years.
- The plan centers on affordability with proposals such as an FHA zero‑to‑low down‑payment “Don” Payment option, new Home Savings Accounts, routing ACA subsidies through expanded HSAs, and codifying TrumpRx drug pricing rules.
- Energy provisions dominate, including permitting changes, a REINS‑style requirement for congressional approval of major regulations, fees and taxes targeting third‑party litigation, Clean Air Act waiver fees, and a proposal to refill the Strategic Petroleum Reserve partly with Venezuelan oil.
- Top Republicans signaled mixed buy‑in, with Speaker Mike Johnson supportive of pursuing a second bill but not the specific framework, Senate and House leaders noncommittal, some committee chairs urging regular order, and moderates pushing bipartisan alternatives.
- To avoid past Byrd Rule setbacks, RSC leaders say they built an AI tool trained on parliamentarian guidance to generate compliant text, though several permitting and regulatory items could still face scrutiny.