Deficit complicates marriage between Trump, GOP lawmakers
By ANDREW TAYLOR
Associated Press
WASHINGTON (AP) – President-elect Donald Trump promises big tax cuts, a border wall and massive spending on infrastructure. That’s a recipe for bigger deficits that fiscally-conservative Republicans have railed against during President Barack Obama’s tenure.
Trump’s agenda runs counter to years of promises by congressional Republicans to try to balance the federal budget.
It’s a marriage of conflicting priorities – on the budget at least. And that means that neither partner will get everything their way.
Trump’s tax cut, estimated to cost almost $5 trillion over 10 years, looks sure to be pared way back.
On the spending side of the ledger, Trump’s promised huge infrastructure plan is also running into difficulty with Republicans.
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