House Speaker Mike Johnson announced Thursday morning that they "believe they have the votes" to pass a budget resolution and plan to move forward later in the morning with a vote in the House, as House Republicans have been trying to get a budget blueprint for President Trump's agenda over the finish line, CBS News reports.

Negotiations had continued into Wednesday night, as Johnson and the White House struggled to convince GOP holdouts who wanted deeper spending cuts. The lower chamber was set to vote Wednesday evening on the budget resolution but punted after several House conservatives resisted increasing pressure from Mr. Trump to accept the blueprint that would open the door to implementing his border security, defense, energy priorities and extending expiring tax cuts. ​

"I'm happy to tell you that this morning, I believe we have the votes to finally adopt the budget resolution so we can move forward on President Trump's very important agenda for the American people," Johnson told reporters Thursday morning on Capitol Hill. ​

Johnson called the budget a "big beautiful bill," mirroring Mr. Trump's language. The speaker said they're looking for $1.5 trillion in savings, at a minimum.​

"Our aim is to deliver on our promises in this big beautiful bill regarding things like border security, restoring peace through strength and American energy dominance, and regulatory reform to get the economy really humming again. And of course also, tax relief, tax reductions. We have to make the tax cuts permanent. And that's all involved and enveloped in this big effort." ​

Senate Majority Leader John Thune told reporters that Republicans are "aligned on the need to make the 2017 tax cuts permanent."​

"We're ready to move forward," Thune said.​

Approving the budget plan in both chambers is the first step in the reconciliation process, which allows Congress to bypass the 60-vote threshold required to advance most legislation in the Senate and pass Mr. Trump's agenda with a simple majority. Going that route allows Republicans, who have control of the House and Senate, to pass the measure without any support from Democrats. ​

The House and Senate worked on separate blueprints earlier this year but more recently reached a compromise resolution, which the Senate adopted early Saturday morning. Republican leaders in the House had hoped to unite their divided party behind the budget plan this week before Congress leaves town for a two-week recess.​

But Johnson said Wednesday night that he could keep the House in session next week if they can't get it done before the weekend.​

The Senate set much lower minimum floors for spending cuts at just about $4 billion dollars, though committees could find far more. The compromise resolution also allows for the House to slash at least $1.5 trillion in spending.​

The Senate also wants to account for tax cuts enacted during Mr. Trump's first term with a tactic known as "current policy baseline," which assumes that continuing expiring policies will cost nothing. Under that baseline, the nearly $4 trillion it would cost to extend the 2017 tax cuts would not be counted, further frustrating House conservatives.​

Before backing the resolution, House conservatives want assurances from the Senate that there will be deeper spending cuts, which sent leadership scrambling to find another compromise.​

"We just don't trust the Senate," Rep. Eric Burlison, a Missouri Republican, told reporters Wednesday night after fiscal hawks huddled with Johnson for more than hour as the vote was delayed. "We all campaign on spending cuts, but again and again, that doesn't happen. And when the Senate sent over something that said $4 billion is their floor, that was unacceptable to a lot of us."​

Trump, meanwhile, has increased pressure on House Republicans in recent days to swallow the blueprint, telling holdouts on Tuesday night, "close your eyes and get there." He added that individual lawmakers may not get "every little ounce" of what they want in the legislation.​

"It's a phenomenal bill. Stop grandstanding," Mr. Trump said at the House GOP campaign arm's fundraising dinner.