US House panel unveils $95 billion plan to fund defense, parts of Trump's SAVE Act
A Republican-controlled committee in the U.S. House of Representatives on Wednesday unveiled a $95 billion blueprint for a new spending package that would include $73 billion in new funds for defense and intelligence operations over the next 10 years.
The 47-page budget resolution, which the House Budget Committee will consider on Thursday, would also authorize decade-long expenditures of $10 billion to incentivize states to implement portions of Trump’s SAVE America Act and $12 billion for agriculture.
House Republican leaders hope to pass the budget resolution next week and move quickly to enact the spending plan through budget reconciliation to circumvent opposition from Senate Democrats.
But it was not clear how easily the blueprint or spending package could pass the House or the Republican-led U.S. Senate, which both have narrow majorities that could be vulnerable in November’s midterm elections.“We’re working through it with members … to build consensus,” House Speaker Mike Johnson told reporters at a press conference.
Senate Majority Leader John Thune downplayed expectations. “We’ll see if they can … get it across the floor of the House,” Thune said. “It’s an option. But it’s not, certainly, the only option.”
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