A growing number of House Republicans -- 32 to be exact -- now threaten to vote no on the massive budget reconciliation bill unless it includes "at least $2 trillion in verifiable savings either through spending reductions or scaling back the size of the tax package," Newsmax reports.

The number of Republicans holding out for those demands are placing extreme pressure on Speaker Mike Johnson (R-LA) as he attempts to rally the troops for the bill's passage.

The group of GOP lawmakers leading the resistance charge, led by Budget Committee Vice Chair Lloyd Smucker (R-PA), penned a letter with their demands to Speaker Johnson and House Majority Leader Steve Scalise (R-LA).

The 32 Republican lawmakers expressed in the letter how important they believe adding such provisions in will be for the economy.

What's happening?

The group of lawmakers behind the push explained their stance in the letter to Speaker Johnson and Scalise.

"A $2 trillion reduction in spending may sound substantial. However, it equals only 2.3% of projected federal outlays over the next decade and only reduces the rate of growth in spending," they wrote.

They also argued that starting the process now is the only way to get the country back on track in the coming years, and any delay on that will be a massive setback.

"Even with those savings, annual spending is expected to grow from $7 trillion to $10 trillion over the next 10 years, and debt will exceed $50 trillion by 2035. The House reconciliation instructions are binding. They set a floor for savings, not a ceiling. We must hold that line on fiscal discipline to put the country back on a sustainable path," the lawmakers wrote.

Newsmax noted:

The legislation, aimed at advancing President Donald Trump's policies on tax, defense, immigration, border security, energy and the debt limit, aims to expand the GOP's 2017 Tax Cuts and Jobs Act.

It would also eliminate taxes on tips, overtime and Social Security payments. Republicans are looking to piece together a bill they aim to enact by July 4.

They laid out their support for Trump's agenda in the letter.

What did it say?

The Republican lawmakers argued that it's time to take action, with the trajectory of the national debt growing so quickly.

America’s fiscal path is unsustainable and worsening. The national debt has exceeded $36 trillion and is growing by nearly $2 trillion each year. Annual interest costs are on track to surpass $1 trillion, overtaking what we spend on Medicare or national defense," the letter read.

They added, "Federal outlays remain at record highs, and the recent strain in Treasury markets makes it clear that we can no longer count on historically low interest rates. We must move decisively to restore market confidence and put the budget on a sustainable path."

Only time will tell if Speaker Johnson can make it happen, and make enough of them happy to get a bill passed by July 4.