Overview
- Led by the Republican Study Committee, the framework outlines housing, health care and energy proposals and projects roughly $1.6 trillion in spending reductions for a net deficit cut of more than $1 trillion over 10 years.
- Energy and regulatory provisions dominate, including a push for REINS-style limits on major rules, expedited permitting, fees on Clean Air Act waiver requests, and new charges on environmental litigation, with one proposal to help refill the Strategic Petroleum Reserve using Venezuelan oil.
- Housing ideas include a zero-to-low down payment FHA option dubbed the “Don” Payment, mortgage portability, tax-advantaged home savings accounts, and eliminating capital gains taxes on some sales to first-time buyers.
- Health proposals would redirect ACA subsidies into patient-held Health Freedom Accounts, codify TrumpRx price transparency and discount measures, and require pharmacy benefit managers to pass through portions of rebates to patients.
- The plan also ties funding to immigration policies by restricting access to certain federal programs for noncitizens and curbing transportation funds for jurisdictions issuing driver’s licenses to undocumented immigrants, while its path forward remains uncertain given narrow GOP margins, mixed leadership signals and past parliamentarian rulings; RSC leaders say a new AI tool is intended to craft Byrd-compliant text.