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House lawmakers are looking to sweeten President Biden s infrastructure package; Hillary Vaughn reports from Capitol Hill. EXCLUSIVE –House Republicans on Wednesday are unveiling their answer to President Biden s 2022 budget, putting forward a document that they say can balance the federal budget in five years while cutting taxes by $1.9 trillion. The summary of the proposal by the Republican Study Committee (RSC), first obtained by Fox News, would slash a litany of discretionary programs, reform federal programs like Medicaid and the Children s Health Insurance Program (CHIP) into block grants, institute zero-baseline budgeting, and more.  These cuts, combined with reduced regulations, increases in the retirement age for Social Security and eligibility age for Medicare, among other things, the RSC says, would bring the United States to a balanced budget in five years. 

United statesJim banksKevin hernTim walbergMitt romneySenate republican whip john thuneEnvironmental protection agencyRepublican study committeeChildren health insurance programCircuit courtCommunication commission universal service fundSupreme courtEconomic development administrationSpending taskHouse republicansPresident biden