WASHINGTON—House Republicans released the first blueprint for their “one big, beautiful bill” that would cut taxes, reduce spending and provide money for border enforcement.Lawmakers created the outline after weeks of tense internal meetings among their competing factions,

House leadership’s proposal to allow $4.5 trillion for tax cuts could entail some hard choices for Republicans, forcing them to compromise on some of the tax cuts proposed on the campaign trail. The House Budget Committee released its highly anticipated budget reconciliation numbers on Wednesday.

House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion debt limit, offering a plan that risks rankling quarreling factions in the party.

House Republicans released their long-awaited budget resolution Wednesday, which will allow up to $4.5 trillion to be added to the deficit via tax cuts and look to cut $2 trillion in spending over

House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top domestic priorities, providing for up to $4.5 trillion in tax cuts and a $4 trillion increase in the debt limit so that the U.