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Damian Paletta is White House economic policy reporter for The Washington Post. Before joining The Post, he covered the White House for the Wall Street Journal.
Tax revenue is weak, spending is up, and deficits are hitting record high.
“We’re talking about leaving them for a substantial period of time,” the president said.
Talks have bogged down over disagreements about how to enforce any new deal.
President Trumped ordered the planes grounded Wednesday afternoon, following a decision by Canadian officials Wednesday morning.
Plan sets up sharp challenge to Congress and Democratic rivals for the presidency.
The money would come in addition to the roughly $6.7 billion that Trump said he was redirecting for the wall’s construction.
The House Democratic majority intends to ignore the president’s proposals, but they lay out the White House vision ahead of spending fights later this year.
The total deficit for the four-month period was $310 billion, Treasury said.
Ways and Means Democrats, House attorneys anticipate court fight over access to the president’s tax records.
Escalating trade tensions coincide with a new era of hostility between the Trump administration and some of America’s closest allies.