
GOP unveils plan to cut deficit by $1 trillion with second 'big, beautiful bill'
Fox News
House Republicans unveil second reconciliation bill plan that could purportedly cut federal deficit by over $1 trillion, led by Republican Study Committee Chairman August Pfluger.
Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
Budget reconciliation allows the majority parties in the House and Senate to pass significant policy reforms by lowering the Senate's threshold to advance a bill to a simple majority rather than 60 votes, provided its measures adhere to a specific set of guardrails. Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
It comes as House Republicans wrestle with a razor-thin majority, which just got slimmer after the abrupt resignation of former Rep. Marjorie Taylor Greene, R-Ga., and the sudden death of Rep. Doug LaMalfa, R-Calif.













