Senate Republicans Push Forward on Sweeping Budget Plan Tied to Tax Cuts and Debt Ceiling

GOP leaders aim to finalize a budget resolution next week, with key decisions on spending cuts, Medicaid reforms, and tax policy still unresolved.

Senate Republicans are finalizing a budget resolution that includes a $4 trillion debt ceiling increase and $4.5 trillion in tax cuts, aligning more closely with the House's broader plan.
A ruling from the Senate parliamentarian next week on the 'current policy' baseline could determine whether Trump's 2017 tax cuts can be extended without being offset by spending cuts.
Conservative senators are demanding deeper spending cuts than those proposed by the House, with some pushing for $500 billion more in reductions.
Medicaid reforms, including work requirements, remain a contentious issue, with moderate Republicans resisting major benefit cuts to protect low-income constituents.
GOP leaders aim to pass the final budget reconciliation package by Memorial Day, but divisions within the party and procedural hurdles pose significant challenges.