Golden Finance reported that according to foreign media reports, Republican leaders (Senate and House) said they are approaching agreement on plans to extend Trump's 2017 tax cuts and raise debt ceilings, and Congress hopes to approve an economic plan by the end of May. "I don't want to be ahead of what the Senate is going to do," U.S. House Speaker Johnson told reporters after a meeting in the Treasury on Tuesday. "But it sounds like our differences are not too far, and that's a good thing, so we'll be able to take action." Johnson noted that the Senate is "turning" to support raising debt ceilings as part of legislation. Senate Majority Leader Thun said he believes “a consensus is being formed” around the debt ceiling plan, a question that has been a key crux of the Senate and the House for weeks. Earlier this month, the House passed a plan to raise the debt ceiling as part of tax legislation, but Senate Republicans have been slow to accept the idea. Incorporating wording on debt ceilings into the tax bill puts pressure on the Republicans to pass legislation before the federal debt ceiling is broken.