Due to the high portion of the overall budget going to Social Security, ... The House GOP's budget resolution needs a majority vote to make it out of the Budget Committee before moving to the full ...

1 day ago · Funded by a combination of taxes and trust funds, Social Security is by far the largest direct expense of the U.S. government's annual budget, amounting to $1.3 trillion, or 5 percent of GDP, in 2023.

1 day ago · The budget calls for up to $4.5 trillion in new deficits through tax cuts, which Republicans plan to use to extend Trump’s expiring 2017 tax law and pass other pieces of his tax agenda.

A new House Republican budget calls for raising the Social Security retirement age for future retirees, restructuring Medicare and passing life at conception legislation.

2 days ago · House Republicans unveiled a budget draft that potentially cuts critical Medicaid funding. The Budget Committee draft instructs the Energy and Commerce Committee to cut at least $880 billion.

The Republican Study Committee, which represents nearly 80 percent of House Republicans and 100 percent of House Republican leadership, has released a 2025 budget that would make Republican plans to gut Social Security a reality.

Mar 20, 2024 · (Washington, DC) — Today, the Republican Study Committee (RSC), which counts nearly 80 percent of House Republicans as members, released its 2025 budget proposal. The following is a statement on the RSC budget from Nancy Altman, President of …

3 days ago · 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 ...

2 days ago · On immigration and border security funding, a top Trump priority, the resolution would grant the Judiciary Committee, which oversees immigration policy, $110 billion. ... The House GOP's budget ...

Sep 25, 2024 · – A new report from the Congressional Budget Office (CBO), requested by House Budget Committee Ranking Member Brendan F. Boyle, found that Republican Social Security plans would result in steep benefit cuts for American workers while failing to extend the solvency of the Social Security Trust Fund. CBO found that raising the retirement age to ...