Trump's tax bill conflicts with Trump's trade goals
President Donald Trump says chronic U.S. trade deficits are a national emergency. His tax bill will make them worse.
The Senate is expected as soon as this weekend to begin voting on the president's signature legislation, which would extend his 2017 tax cuts and fund enhanced immigration enforcement.
Though the measure would slash social programs such as Medicaid, it would still cost $3.4 trillion in increased federal deficits over the next decade, according to the nonpartisan Congressional Budget Office.
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