In a sweeping new fiscal package, lawmakers have unveiled a major overhaul of tax policy, federal spending, and entitlement programs. Here’s a breakdown of what’s in the plan.

As Republicans have pushed forward on a bill expected to drive the debt higher, Trump has stepped up his campaign against Federal Reserve Chairman Jerome Powell, repeatedly urging him to slash U.S. interest rates to 1%, a move that would dull the bill's deficit effects.

Republicans in the U.S. House of Representatives advanced President Donald Trump's massive tax-cut and spending bill toward a final yes-or-no vote early on Thursday morning, appearing to overcome internal party divisions over its cost.