WASHINGTON—House Republicans released the first blueprint for their “one big, beautiful bill” that would cut taxes, reduce spending and provide money for border enforcement.Lawmakers created the outline after weeks of tense internal meetings among their competing factions,

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 ".

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 are plowing ahead with a budget resolution markup on Thursday before the chamber’s scheduled one-week recess begins the following day. The blueprint wasn’t finalized yet and leadership also has some work to do in preparation for the floor,

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,