#AirdropFinderGuide On April 10, 2025, the House adopted the Senate’s amended version of the budget resolution, which allows $5.3 trillion in deficit-financed tax cuts (the combination of $3.8 trillion of tax cuts assumed to be “costless” under a current policy baseline plus $1.5 trillion in additional deficits permitted), deficit increases of $521 billion on defense and immigration spending, a minimum of $4 billion in spending cuts, and an increase in the debt limit of up to $5 trillion.

On April 2, 2025, the Senate introduced an updated budget resolution to provide new guidance to its committees on tax and spending policy changes. It adopts the instructions in the House resolution for the House committees while instructing the Senate Finance Committee to make tax policy changes that reduce revenue by up to $1.5 trillion over 10 years against a current policy baseline, which assumes an additional $3.8 trillion in tax cuts. While the $3.8 trillion would not officially score as a deficit increase against a current policy baseline, it effectively permits $5.3 trillion in deficit-financed tax cuts.