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On Feb. 25, 2025, the U.S. House of Representatives narrowly passed H. Con. Res. 14, the Republican budget resolution, with a 217-215 vote. The resolution directs congressional committees to identify significant reductions in spending to account for the extension of tax cuts in the ABC-supported Tax Cuts and Jobs Act, other tax relief measures and energy and national security provisions. The House resolution also included several ABC-supported nonbinding policy statements.