WASHINGTON—House Republicans released the first blueprint for their “one big, beautiful bill” that would cut taxes, reduce spending and provide money for border enforcement.Lawmakers created the outline after weeks of tense internal meetings among their competing factions,

House leadership’s proposal to allow $4.5 trillion for tax cuts could entail some hard choices for Republicans, forcing them to compromise on some of the tax cuts proposed on the campaign trail. The House Budget Committee released its highly anticipated budget reconciliation numbers on Wednesday.

House Republicans released their long-awaited budget resolution Wednesday, which will allow up to $4.5 trillion to be added to the deficit via tax cuts and look to cut $2 trillion in spending over