This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior economy reporter Enda Curran looks at the varying estimates of the cost for the Republican tax-cut bill.

President Trump indicated the U.S. was close to a deal in which Iran agrees to forgo nuclear weapons, sparking a selloff in oil prices. "You probably read today the story about Iran has sort of agreed to the terms,

Walmart Chief Financial Officer John David Rainey said in an interview with CNBC that Trump’s tariffs on most imports into the U.S. are still “too high” despite the administration cutting the levy on goods from China earlier this week. He warned consumers will begin to see higher prices on products by the end of the month, according to CNBC.

Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the black gold may explain why the trip went so smoothly.

For Trump's historic military parade, soldiers' chow will consist of two Meals Ready to Eat and one hot meal a day. Bring your sleeping bags, said one official.

Soldiers will be housed in U.S. Department of Agriculture and General Services Administration buildings for days, an Army spokesman said.

For months, President Donald Trump has falsely claimed that egg prices are tumbling. It wasn’t true then, but it’s true now.

As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.