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 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 released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

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,

The proposal directs several major congressional committees to submit changes to laws in their jurisdiction which amount to a certain reduction in spending.