Reconciliation Update: House and Senate Agree to Narrowed Budget Blueprint
Hugh T. Ferguson
April 11, 2025
Both chambers of Congress have now agreed to the same budget blueprint, which unlocks the next phase of the reconciliation process; drafting legislative text and directing committees to find roughly $4 billion in spending cuts over a decade.
This topline is more in line with the Senate’s initial budget blueprint as opposed to the House’s original plan which called for $1.7 trillion in spending cuts and $4.5 trillion in tax cuts, and allows for a $2.8 trillion increase in primary deficits over the 10-year budget window from fiscal year (FY) 2025 to FY 2034.
The Senate’s initial proposal would have allowed for up to $175 billion of new funding for border security and immigration enforcement. It also directed Congressional committees to find at least $4 billion in spending cuts, $1 billion specifically for health, education, and labor programs.
