Rep. Chip Roy, R-Texas, speaks during the House Freedom Caucus news conference to oppose the debt limit deal outside the U.S. Capitol on May 30, 2023. (Bill Clark/CQ-Roll Call, Inc via Getty Images)
President-elect Donald Trump has said he favors the one-bill approach, but would be open to two. He also tasked Republicans with raising or suspending the debt limit, with the U.S. Treasury projected to run out of funds to pay its debts by mid-June.
Freedom Caucus members are among the Republicans calling for two separate bills. The plan being unveiled on Thursday would call for border security, defense, and steep spending cuts to be included in the first bill.
Those cuts would then be used to offset tax breaks being extended in the second bill, Fox News Digital was told.
The conservative lawmakers presented the plan to Trump at Mar-a-Lago last Friday, but it is unclear how he responded.
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House Ways & Means Chairman Jason Smith, R-Mo., favors a one-bill approach. (Tom Williams)
That same group is also concerned that putting all the agenda items into a single bill will not result in sufficient cuts to offset the added spending.
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With two House Republicans departing for the Trump administration on Jan. 20, Speaker Mike Johnson, R-La., will have to navigate a razor-thin majority until special elections are expected in April.
Until then, just one Republican "no" vote will be enough to derail any piece of legislation that does not get Democratic support.
Fox News Digital reached out to the Trump transition team and the House Freedom Caucus for comment.
Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
https://www.foxnews.com/politics/house-freedom-caucus-draw-battle-lines-reconciliation-fight-after-presenting-plan-trump