House GOP proposes $2 trillion in budget cuts

House Republicans unveiled a budget resolution proposing $2 trillion in mandatory spending cuts and a $4 trillion increase in the debt ceiling, marking a significant step in advancing President Trump's America First agenda. The proposal directs major committees, including Energy and Commerce and Education, to identify substantial cuts, with notable reductions impacting Medicaid and public schools. House Speaker Mike Johnson emphasized that this resolution reflects a collective Republican commitment to fulfilling campaign promises, while Rep. Ritchie Torres criticized the cuts as detrimental to essential services. Additionally, the resolution includes provisions for $4.5 trillion in tax cuts, aiming to extend the Tax Cuts and Jobs Act. The budget plan is a precursor to a reconciliation bill, allowing Republicans to pursue their fiscal goals without the threat of filibuster. Ongoing debates among lawmakers are expected as they navigate the implications of these proposed cuts on federal programs and the economy.