Analysis: Tax cuts, spending to raise deficit to $1T by 2020The combined effects of President Trump's tax cuts and last month's budget-busting spending bill is sending the government's budget deficit toward the $1 trillion mark next year, according to a new analysis by the Congressional Budget Office.

The combined effects of President Trump's tax cuts and last month's budget-busting spending bill is sending the government's budget deficit toward the $1 trillion mark next year, according to a new analysis by the Congressional Budget Office.http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/IjZGaOwL6To/analysis-tax-cuts-spending-to-raise-deficit-to-1t-by-2020