"(Bloomberg) -- House #Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion #DebtLimit, offering a plan that risks rankling quarreling factions in the party....The budget would allow Congress’s tax-writing committees to increase the deficit by $4.5 trillion to accommodate tax cuts and calls for $2 trillion in cuts to mandatory spending such as Medicaid and farm subsidies."

https://finance.yahoo.com/news/house-gop-takes-first-step-151725015.html