The impact of Trump’s tax bill

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  Hello and welcome to World Business Report here on the BBC World Service.

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  I'm Rahul Tandon.

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  Coming up on the programme,

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  we're going to talk to a French wine importer in the US, how are tariffs affecting him?

• 00:12

  Interesting conversation there.

• 00:13

  And we'll be talking about the business,

• 00:15

  a very popular sport in North America, ice hockey.

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  But we're going to start by talking about how much the world's largest economy is in debt.

• 00:25

  Breaking news.

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  We just got the estimate on how much President Trump's legislative agenda will increase federal budget deficits.

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  Let's go live.

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  Let's talk about Donald Trump's landmark tax bill now,

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  because the Congressional Budget Office said on Wednesday that it will add $2.4 trillion to the U.S. debt by 2034.

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  Those are numbers that are difficult to imagine, aren't they?

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  That would certainly make it big, but maybe not beautiful,

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  which is how President Trump has described his tax bill.

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  But not everyone agrees with those figures.

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  Here's the White House press secretary, Caroline Leavitt.

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  Unfortunately,

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  this is an institution in our country that has become partisan and political,

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