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The Big Picture

Trump’s Deficit Gamble

Donald Trump’s unfunded tax cuts will add an estimated $1.5 trillion to the US budget deficit over the next decade, and spending commitments approved by Congress will boost it by a further $300 million. For how long will the world continue to finance America’s fiscal recklessness?

 Donald Trump standing alongside Gary Cohn, Steve Mnuchin, Elaine Chao and  Mick Mulvaney Drew Angerer/Getty Images
President Donald Trump makes a statement to the media Tom Williams/Getty Images
Donald Trump Saul Loeb/Getty Images
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