Overview
- President Donald Trump is meeting with House Republicans to unify support for his multitrillion-dollar budget reconciliation package, which includes permanent tax cuts and expanded border security funding.
- The bill narrowly advanced in a rare late-night House Budget Committee vote on Sunday, but significant divisions remain within the GOP over key provisions.
- Conservatives are pushing for accelerated Medicaid work requirements and a quicker rollback of green energy tax credits, while moderates demand expanded state and local tax (SALT) deductions.
- The bill is projected to add $3.3 to $5 trillion to the national debt over the next decade, drawing criticism from fiscal hawks and nonpartisan analysts.
- House Speaker Mike Johnson aims to finalize negotiations and pass the bill by Memorial Day, with a Rules Committee markup scheduled for early Wednesday morning.