A top Trump official and two other economists published a paper outlining how business tax cuts boost economic investment as Republicans debate these policies in their tax legislation.

Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump's sweeping tax-cut and spending bill on Monday that would make business-related tax breaks permanent while modifying Medicaid reforms and a new federal deduction for state and local taxes.

Senate Republicans released revised tax and health-care provisions of President Donald Trump’s multitrillion dollar signature economic package, a key step toward meeting their goal of passing the bill before July 4.