House Republicans release budget plan, with trillions in tax and spending cuts (1 Viewer)

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    Politics - CBSNews.com

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    Washington — House Republicans released a budget resolution on Wednesday, laying a foundation for advancing President Trump's agenda on border security, defense, energy and tax priorities, despite momentum around a competing proposal in the Senate.

    The budget proposal says that the House Ways and Means Committee can pursue up to $4.5 trillion in tax cuts, and sets a goal of cutting mandatory spending by $2 trillion. It would also increase the debt ceiling by $4 trillion.

    The long-awaited budget resolution comes as congressional leaders have been...

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