House GOP Releases Budget Blueprint to Advance Trump’s Legislative Plan

The resolution’s text does not achieve deficit neutrality on its own; instead, it assumes that economic growth will increase and thus lead to more tax revenue.

The U.S. Capitol building on Feb. 10, 2025. Madalina Vasiliu/The Epoch Times

The House Budget Committee released on Feb. 12 a budget blueprint to start the process of passing President Donald Trump’s legislative agenda looking at securing the border, cutting taxes, and helping the U.S. energy sector.

It includes cutting the deficit by $1.5 trillion over a decade, increasing the debt ceiling by $4 trillion, and allowing $4.5 trillion worth of tax cuts.