House GOP details fiscal targets for reconciliation bill

By Nico Portuondo | 01/30/2025 06:35 AM EST

At a retreat in Florida, Energy and Commerce leaders said they were eyeing $200 billion as a rough top-line cut.

House Speaker Mike Johnson speaking in Florida.

Speaker Mike Johnson (R-La.) during this week's House Republican retreat in Florida. Mark Schiefelbein/AP

DORAL, Florida — House Republican committee chairs laid out rough spending cuts for their upcoming budget reconciliation bill to rank-and-file members on Wednesday, as GOP leaders attempt to develop some kind of unity on spending targets.

On the final day of the House Republican planning retreat at President Donald Trump’s resort here, House Speaker Mike Johnson (R-La.) instructed committee chairs to outline broad, top-line fiscal targets as part of a budgetary “blueprint” for their party-line reconciliation effort.

“What we’ve been doing is empowering the committee chairs to come up with a list of areas, suggestions and their areas of jurisdiction where some of these cuts can be done,” Johnson told reporters on Wednesday. “These are meaningful cuts to really reduce the size of the scope of government and get government to be more efficient and effective for people.”

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The rough savings targets will be embedded in the budget resolution Republicans expect to start writing next week. Adopting that blueprint is necessary to begin crafting the party-line reconciliation package.

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