Republicans are working with former Trump administration Office of the Management and Budget Director Russel Vought to develop their own proposal, the report said, citing an interview with Vought.
An outline developed by Vought includes a 45% cut to foreign aid, a cut of the FBI counterintelligence budget by nearly a half and imposing work requirements for food stamp and Medicare beneficiaries, the report said.
The budget outline also proposes phasing out the Section 8 low-income housing program and reducing housing program budgets overall by 43%, the report said.
In addition, Vought’s budget outline would eliminate the Defense Department’s Office of Diversity, Equity and Inclusion and cut $3.4bln in State Department refugee and migration assistance funding, the report said.
Biden is expected to release his budget proposal on Thursday, having urged Republicans in recent weeks to release their own in response.
The budget proposals come amid a looming US debt default, as Congress has yet to raise the country’s debt ceiling. The US holds approximately $31.46trln in national debt, according to Treasury Department data.