US: Budget Cmte Vote On Reconcilliation Bill Expected At ~12:00 ET

John Bresnehan at Punchbowl News reporting on X that the House Budget Committee is expected to vote at roughly 12:00 ET 17:00 BST to advance the completed Republican reconciliation bill.

• The vote comes amid ongoing uncertainty over whether hardline conservatives on the panel will vote down the package to buy more time to negotiate deeper spending cuts.
• The baseline expectation is that the package will advance at some point today but there is a non-negligible chance the Budget markup could be punted into next week, imperilling House Speaker Mike Johnson's (R-LA) self-imposed Memorial Day deadline for handing the package to the Senate.
• Rep Chip Roy (R-TX), armed with a graphic highlighting the deficit implications of the package, told the panel a few moments ago that the bill "falls profoundly short". He said Congress is "writing cheques we can't cash" and that "he is a no unless something changes..." He doesn't specify if he will vote no today, but appeared robust in his dismissal of the bill.
• Reminder: If Budget Chair Jodey Arrington (R-TX) drops more than two Republican votes, the package will stall in committee.