The House of Representatives is engaged in a busy day of significant discussions, including a debate on a rule aimed at rolling back IRS regulations regarding cryptocurrency exchanges. This resolution, initially introduced in January with bipartisan support, is scheduled for a floor vote soon. Concurrently, House Republicans have proposed a spending plan that entails a $6 billion increase in defense spending, combined with a $13 billion cut to non-defense expenditures. Representatives Thomas Massie, Cory Mills, and Tim Burchett have voiced varying positions on this spending bill, with Massie stating his intent to vote no. The urgency of these legislative matters is amplified by a deadline for a funding bill looming this Friday. Speaker Mike Johnson is calling for full party support in both chambers to ensure the passage of these critical measures, amidst increasing partisan tensions that may affect other pending proposals. The status of these discussions remains fluid, with important updates expected in the following days.

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