Bond yields inched higher and Wall Street flipped from small gains to losses before the opening bell Thursday after rising U.S. debt sank markets on the previous day. Futures for the Dow Jones Industrial Average fell 0.5% in premarket trading, while futures for the S&P 500 and Nasdaq each slid 0.3%.

A key House committee voted to advance President Donald Trump’s sweeping tax and spending bill late Wednesday evening, clearing a major hurdle after days of internal Republican infighting and setting the stage for a floor vote in the full House early Thursday.

The White House is stepping up its public pressure campaign against House Republicans who are resisting the swift passage of

House Republicans advanced their massive budget bill, despite warnings that it could increase the deficit by trillions of dollars. Anthony Fisher, Daniella Diaz, and Carol Leonnig discuss on The Eleventh Hour.

The timing of impending floor action remains fluid as Republican leaders continue to whip last-minute holdouts into the yes column.

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.

The White House offered a proposal late last night that I think fulfills ... what the president talked about. And there’s a broad agreement with the House Freedom Caucus that if that’s included in the package,

The House Rules Committee is still debating the Republican budget bill since beginning its session overnight, a rare move for such an important piece of legislation bound to impact most Americans. CBS News' Caitlin Huey-Burns reports.