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.

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.

N.J., discusses the importance of getting the budget deal done, his reaction to a judge extending the buyout deadline for federal workers and concerns about a Chinese-linked company's billion-dollar E-ZPass contract.

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

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,

GOP lawmakers “are narrowing down the areas of differences” on taxes and spending, says House majority leader.