'The Big Money Show' co-host Brian Brenberg weighs in on President-elect Trump's floated idea of an External Revenue Service and President Biden's warning about the future of artificial intelligence. FIRST ON FOX: The conservative House Freedom Caucus is preparing to release a proposal for Republicans' planned conservative policy overhaul that would raise the debt limit by two years or roughly 4 trillion, Fox News Digital is told. Congressional Republicans are preparing for a massive conservative policy overhaul through the budget reconciliation process. By lowering the threshold for passage in the Senate from 60 votes to 51, reconciliation allows the party controlling Congress and the White House to pass broad policy changes -- provided they deal with budgetary and other fiscal matters. However, there has been some disagreement over whether to pass all of their goals – touching on border security, defense, spending cuts, tax cuts, and energy – in one single bill to not risk any items falling behind, or split the priorities into two separate pieces of legislation to ensure early victory on at least some measures.