On February 25, 2025, the U.S. House of Representatives narrowly approved a multi-trillion dollar budget resolution with a 217-215 vote. The plan includes $4.5 trillion in tax cuts and $2 trillion in spending reductions over the next decade, alongside increased defense and border security funding.
The resolution, opposed by all Democrats and one Republican, provides a fiscal framework allowing Republicans to pass related legislation through reconciliation, bypassing Senate filibusters. Critics warn of a $2.8 trillion deficit increase and cuts to social programs, while supporters argue it will boost economic growth. The Senate will now debate the proposal.
