The House was expected to unveil a budget resolution this week that would contain the reconciliation instructions needed to move forward on a Big Beautiful Bill, including the Trump Tax Cuts 2.0 and other key agenda items. It didn’t happen.

Now there are rumors that the Senate may take the lead on a slimmed-down reconciliation bill that punts the tax debate to the fall.

This strategy makes no sense to us. The tax bill should be a first 100- or 150-day agenda item. Each day they wait, the more likely progressives will find a way to derail the tax cut and the more nervous investors get that it will happen at all.

Remember: failure is not an option. If Congress strikes out here, the average family will pay a $3,000 tax hike. This is a very good plan for conservatives to get run out of town in the midterm elections in 2026.

If they whiff on getting the tax bill done, they will deserve it.