Live updates and the latest news as Trump hosts South Africa's president and the House Rules Committee meets on the Republicans' budget bill.

House Republicans are proposing to gut energy savings and clean energy tax credits in President Donald Trump’s “big, beautiful” tax bill — money that is creating thousands of jobs in GOP states.

Conservative hardliners threatened to block President Donald Trump’s massive tax and spending package just as an agreement to increase the state and local tax deduction removed a key obstacle.

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.

A new bill headed to the House of Representatives would offer a major tax break for taxed income under certain income levels, but that might not be the uncomplicated relief it sounds like.

The bill already passed the House in a 42-8 vote. Now that it’s passed both chambers, it is headed to Gov. Tina Kotek’s desk where she can sign it into law, let it become law without her signature or veto it. It would take effect immediately.

The Ban Birth Tourism Act would amend the Immigration and Nationality Act to prevent “birth tourism” as a valid basis for receiving a temporary visitor visa. Sen. Marsha Blackburn, R-Tenn., said