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 nonpartisan Congressional Budget Office (CBO) estimated that the Republican budget bill under consideration would trigger about $500 billion in automatic cuts to Medicare, the program that provides health insurance to around 68 million older adults and people with disabilities.

Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.

A Louisiana bill that would have carved out a path for incarcerated people convicted by now-banned split juries the opportunity to ask for a new trial was rejected by Republican state senators on Wednesday,

Medicaid has become a key hot button topic in the sweeping tax and spending cuts bill that House Republicans are scrambling to pass as soon as this week.

Rep. Judy Chu (D-Ca.) said she worries over the future of at-home care for seniors if President Donald Trump’s federal funding package passes in the House. Trump’s “big, beautiful bill” proposes

To attract buyers for the bonds that will finance that deficit, the federal government will have to pay higher interest rates.

U.S. Rep. Joe Neguse took House Judiciary Chair Jim Jordan (R-Ohio) to task Wednesday morning during a House Rules Committee meeting over a provision in the sweeping budget reconciliation bill to restrict federal judges' ability to enforce contempt findings.