AMNA NAWAZ: Well, House Republicans have released their long-promised budget outline as they seek to fulfill President Trump's agenda while cutting both the deficit and taxes.

But it remains unclear whether the plan will achieve those goals or if it even has the votes.

Congressional correspondent Lisa Desjardins is here with the latest.

Good to see you, Lisa.

We will get into the details in a moment, but just a quick reminder, why does all this matter?

LISA DESJARDINS: Right.

What Republicans do or don't do will affect nearly every American taxpayer.

It will also determine for potentially a decade who the winners or losers are in this economy, corporations, what happens to them.

What about the poor?

And it will also tell us, is Congress ever going to be serious about bringing down the deficit?

All of that is at stake here.

AMNA NAWAZ: High stakes.

OK, so now to the proposal.

Just walk us through it.

There's been a lot of buildup and debate.

What exactly are House Republicans proposing?

LISA DESJARDINS: All right, we have got some numbers, so I'm putting on my glasses here.

But, first of all, I want to say this hasn't been easy, but Republicans finally cobbled this together today.

It is a framework.

It is a sweeping plan at the start.

This is what they say they want to do as their outline, for tax cuts, $4.5 trillion worth of tax cuts over 10 years, spending cuts somewhere, between $1.5 trillion and $2 trillion.

For the border and for ICE, detention, and deportations, $300 billion.

That would be in effect almost immediately.

Now, all of this, you put that together, Amna, and it would end up increasing the deficit by most estimates of $3 trillion.

Republicans, there's an asterisk there, dispute that, because they say the economy will make up for that.

We're going to get into all that context, I think, as we get down the road.

But the key part here is that Republicans are doing major tax cuts and also major spending cuts.

One of the programs that would be most on the chopping block potentially for spending cuts is Medicaid.

Now, that is the 72 million-person program in the United States.

Republicans say it's full of waste and fraud, that they want more work requirements.

Democrats say no.

But Speaker Johnson says even if that's controversial, it's a good start.

He put out this statement saying today that he "remains focused on working through the process to deliver on promises made to the American people.

There's still much work to be done, but we're starting on the right path."

Now, that's to say also this agreement isn't entirely cemented.

At the same time, Democrats are pushing back against this plan.

They're saying it would hurt working and middle-class Americans.

REP. VERONICA ESCOBAR (D-TX): None of this is going to help the pain that Americans are feeling when they go to the grocery store or when they fill up at the pump or when they try to save for a house or when they pay their rent.

All of it is a sham and it's a way to make sure that the rich get richer.

LISA DESJARDINS: But, of course, Republicans control the House and the Senate.

Whether this succeeds or fails will be entirely up to them.

AMNA NAWAZ: So this is the proposal from House Republicans.

Senate Republicans seem to be moving in a different direction.

What's happening there and is that a sign of bigger problems ahead?

LISA DESJARDINS: Again, something I think we will get into more in the weeks ahead, but this is all to do with a process called budget reconciliation, which is essentially a way to get around the Senate's 60-vote requirement.

Republicans don't have 60 votes in the Senate.

They do have 53.

So they're using this process as a shortcut.

Now, when you do that, it's an elaborate series of steps.

Both House and Senate must agree on a budget.

So Senate Budget Chairman Lindsey Graham thinks the House is taking too long.

And so he moved forward today with a separate plan that would only focus on the border portion, that border detention, ICE portion of it.

And he explained to reporters yesterday why he thought this was necessary.

SEN. LINDSEY GRAHAM (R-SC): I heard Tom Homan, pretty tough guy, begging us for money.

I beg you to give me more resources.

I heard Russ Vought, the OMB guy, say, ICE is out of money.

All I can tell my House colleagues, whatever you need to do to get the one beautiful bill, do it.

Do it now.

You have my blessing.

You have my support.

But if we can't do it quickly, we need to go to plan B. LISA DESJARDINS: Tom Homan, the border czar.

Now, why is he nervous?

Let's look at the House bounce of power right now.

Republicans barely have a majority there.

They really just can't afford too many votes.

So he says, let's take something that's an easy win here.

We will see how this works out.

AMNA NAWAZ: Meanwhile, in the Senate, a win for President Trump.

His pick to be the director of national intelligence, Tulsi Gabbard, was confirmed and later sworn in.

What should we know about her and the other nominations in process?

LISA DESJARDINS: Former Congresswoman Tulsi Gabbard sworn in just a short while ago.

She passed through the Senate with just one Republican voting no.

That was former Republican Leader Mitch McConnell.

He wrote a statement saying that he was very concerned that Tulsi Gabbard would not state clearly that Vladimir Putin is behind the war in Ukraine.

He said that is a real risk if the intelligence chief doesn't acknowledge that.

He said he does hope she rises, in his views, to the responsibilities of the job.

But, otherwise, all the Republicans signed on board.

And we are watching Robert F. Kennedy Jr., who passed a key procedural vote today, with every Republican backing him.

His final vote, we don't know how that will go, but he's well on the way to confirmation.

We expect that tomorrow.

AMNA NAWAZ: Lisa Desjardins, thank you very much.

LISA DESJARDINS: You're welcome.