House Republicans released a budget resolution Wednesday that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.The House Budget Committee is scheduled to consider the blueprint Thursday.

That plan released Wednesday—headed for a Budget Committee vote Thursday—calls for a minimum of $1.5 trillion in spending cuts over a decade and a maximum of $4.5 trillion in tax cuts from the Ways and Means Committee.

The House GOP’s budget resolution is hanging in the balance as a handful of hardliners withhold support for the measure, setting the stage for a high-stakes committee vote on Thursday. At least

House Republicans released their long-awaited budget resolution Wednesday, which will allow up to $4.5 trillion to be added to the deficit via tax cuts and look to cut $2 trillion in spending over

The budget resolution released Wednesday by the House Republican caucus contains no concrete details, but it codifies a GOP strategy that should surprise absolutely no one.

The House Budget Committee released a blueprint Wednesday for its budget resolution, proposing $2 trillion in spending cuts. Why it matters: The House is going bigger and bolder than the Senate with its proposed budget resolution to implement President Trump's legislative agenda — but they're also a step behind.