House Panel Advances $95 Billion GOP Reconciliation Bill as Fiscal Hawks Withhold Support

A roughly $95 billion Republican reconciliation bill cleared its first procedural hurdle in the House Budget Committee on July 16, 2026. Fiscal hawks in both chambers have withheld judgment over deficit concerns. The CBO estimates the Senate HSGAC portion alone would add $32.5 billion to deficits over 2026–2035. The full package's cost remains unscored.