The Congressional Budget Office said Monday that the House Energy and Commerce Committee exceeded its target of uncovering $880 billion in savings to be included in the reconciliation budget bill covering President Donald Trump’s tax cuts and other priorities.

CBO Director Phillip Swagel wrote in a letter to the committee’s chair, Rep. Brett Guthrie, R-Ky., that the agency “estimates that the Committee’s reconciliation recommendations would reduce deficits by more than $880 billion over the [fiscal] 2025-2034 period and would not increase on-budget deficits in any year after 2034.”

The committee on Sunday night unveiled its portion of the reconciliation package ahead of a committee hearing Tuesday. The bill would include cuts to Medicaid, the health care safety net for low-income people, while rolling back Biden-era green energy policies.

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