Arnie Seipel

Updated at 7:29 p.m. ET

In making his "closing argument" for tax legislation expected to get a vote in Congress next week, President Trump announced that the changes would take effect early next year.

Updated at 6:17 p.m. ET

Congress has voted to avert a partial government shutdown that could have come Friday night.

Updated Dec. 2 at 11:57 a.m. ET

The Senate narrowly approved a $1.4 trillion tax overhaul early Saturday morning following a day of procedural delays and frustration.

The legislation, which would cut the top corporate tax rate to 20 percent and lower taxes for most individuals, narrowly passed in a vote of 51-49. Tennessee Republican Bob Corker was the only Republican to vote against the legislation, joining every Democrat and both independents in opposing the sweeping overhaul of the nation's tax laws.

Senate Republicans have begun debate on their bill to overhaul the nation's tax code. Many GOP members sound hopeful about passing their tax bill, possibly in a matter of hours. But they aren't there yet. To pass, 50 of the 52 GOP senators need to support the legislation. As the bill is debated on the Senate floor Thursday, several amendments are expected to try and get their support.

Here's what to watch for:

ANWR Drilling

Updated at 4:12 p.m. ET

The Trump administration is putting North Korea back on the State Department's list of state sponsors of terrorism. President Trump says the move "supports our maximum pressure campaign to isolate this murderous regime."

President Trump told reporters on Monday that the Treasury Department will officially announce additional sanctions and penalties on the North Korean regime on Tuesday.

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