The House Freedom Caucus reached a deal on Thursday with House GOP leadership that would help quickly advance the budget resolution to a floor vote, as Republicans prepare to vote it out of committee.

The House Budget Committee is expected to vote on the resolution on Thursday, but will still need to go through proposed amendments. The bill was unveiled on Wednesday, and includes plans to cut federal spending by $1.5 trillion over the next decade, and raise the debt ceiling by $4 trillion.

House Freedom Caucus Chair Andy Harris said the deal would allow House Budget chairman Jodey Arrington to “adjust the dials” and increase the cap on the deficit part of the tax portion, in exchange for spending cuts in other areas, The Hill reported.

The agreement has to be approved by the Budget Committee as a manager’s amendment, but if it does then the House Freedom Caucus will back the resolution.

“This is it. We declare victory,” Harris said. “I mean, we have a bill that we believe that it had to be done rapidly to get the president the border funding as soon as possible. We believe it had that meaningful deficit reduction, and we believe it had to be able to advance the president’s tax policy. It all happens here.”

The resolution provides approximately $300 billion for new defense and border spending.

Budget Committee members Chip Roy and Ralph Norman, who are also part of the House Freedom Caucus, have signaled support for advancing the resolution out of committee. The Senate's version of the bill has already advanced out of its committee.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.