House Republicans released a budget resolution Wednesday that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.The House Budget Committee is scheduled to consider the blueprint Thursday.

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an increase in the debt limit and funds for immigration enforcement.

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

House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion debt limit, offering a plan that risks rankling quarreling factions in the party.

The Senate is moving ahead with its own narrower plan focusing on border security.

As snow falls on D.C., House Republicans push forward on President Donald Trump's agenda with multiple bills and visits to the Capitol.

House Republicans have finally released a blueprint that looks to accomplish President Trump's legislative priorities all in one bill. Bloomberg's Tyler Kendall has the details from the White House. She speaks on Bloomberg's ".

House Republicans unveiled a long-awaited budget resolution Wednesday that would kick-start a reconciliation process to slash federal spending, extend expiring tax cuts, raise the nation’s borrowing limit and pump up border security and military funding.

House Republicans release their long-promised budget outline as they seek to fulfill President Trump’s agenda while cutting both the deficit and taxes. But it remains unclear whether the plan will achieve those goals,