Congressional Republicans’ tax and spending package will be announced this weekend, U.S. House Speaker Mike Johnson said on Friday.

In a press conference at the Oregon State Capitol, Republican party leaders blamed high taxes and excessive regulations for increasing costs, driving people out of the state and making it harder to work,

House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump's demand for a big budget package that includes some $3 trillion in tax breaks, massive program cuts and a possible extension of the nation's debt limit.

Fiscal hawks are demanding deeper cuts on major tax, energy and healthcare package that would advance key Trump administration priorities.

House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump’s demand for a big budget package that includes some $3 trillion in tax breaks, massive program cuts and a possible extension of the nation’s debt limit to allow more borrowing and prevent a federal default.

President Donald Trump hosted an unusually long meeting with House Republicans at the White House on Thursday, turning over prime workspace for them to hammer out differences over the size, scope and details of their multitrillion-dollar plan to cut taxes,

WASHINGTON (Reuters) -Congressional Republicans emerged from a five-hour meeting with U.S. President Donald Trump on Thursday without a deal on how to extend his sweeping tax cuts, though senior lawmakers said they believed they were close to agreement.