House Budget Panel Advances $95 Billion GOP Bill; Deficit-Wary Republicans Hold Off

A roughly $95 billion Republican spending bill cleared its first House Budget Committee vote on July 16, 2026. Deficit-focused Republicans in both chambers have not yet backed it. The Congressional Budget Office estimates one Senate portion alone would add $32.5 billion to deficits over 2026–2035. The full package has no cost estimate yet.