Members of the hardline House Freedom Caucus are pushing to cut spending to a fiscal 2022 level of $1.47 trillion, $120 billion less than President Joe Biden and House Speaker Kevin McCarthy agreed to in their May debt ceiling compromise.

With Republicans also seeking higher spending on defense, veterans benefits and border security, analysts say the hardline target would mean cuts of up to 25% in areas such as agriculture, infrastructure, science, commerce, water and energy, and healthcare.