House Republicans have reconvened for a potential all-night session on their multitrillion-dollar tax breaks package.

Clearing the House Rules Committee marks a major win for Trump, who had grown increasingly impatient with Republican holdouts.

Some $500 billion in cuts to Medicare could be avoided if Congress instructs the White House budget office to disregard the reconciliation package’s debt impact.

After a meeting with Trump and conservative holdouts, Speaker Mike Johnson said he planned told hold a floor vote Wednesday night or Thursday morning.

The House Rules Committee pushes Trump's bill forward, facing Democratic resistance. Key issues include SALT deduction caps and Medicaid work requirements.

President Donald Trump warned Republicans on Wednesday that failure to pass his massive tax and immigration package would be “ultimate betrayal.” In a statement, the White House said the bill needs to “pass immediately” to keep promises that Trump and fellow Republicans made while campaigning.

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

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.