The budget deficit explained and what it could mean for Americans' taxes

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President Trump and Republican leaders' plan to make tax cuts that are at odds with spending proposals championed by House Speaker Nancy Pelosi and other Democrats, resulting in an unbalanced budget with a deficit. Many experts caution that it isn’t so much worth worrying about right now, but it might come with a higher tax burden down the road. Here's everything you need to know.

The budget deficit explained and what it could mean for Americans' taxes

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