House Republicans released a $95 billion budget blueprint on July 15 in hopes of securing a compromise for supplemental funding on defense, election integrity, and other issues.
The budget resolution is the third attempt at reconciliation. There are no offsets in the measure, a possible issue for fiscal hawks.
Identical resolutions must pass the House and Senate to unlock the reconciliation process, which allows bills related to taxing, spending, and the national debt to pass with just 51 votes in the Senate. A simple majority is also needed to pass a budget resolution.
Instructions in the budget resolution call for the House Armed Services Committee, the House Intelligence Committee, the House Administration Committee, and the House Agriculture Committee to mark up the legislation. …