As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

WASHINGTON >> As congressional Republicans try to extend President Donald Trump’s 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

House and Senate Republicans are barreling toward a showdown on how much extending President Trump's 2017 tax cuts should cost. A group of senators, led by Sen. Steve Daines (R-Mont.), today threatened to vote against any tax package that doesn't make all of Trump's 2017 Tax Cut and Jobs Act "permanent.

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves through the supply chain. To borrow an example from The

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic barriers used by trade partners. His newly issued memorandum cited value-added taxes,

President Donald Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how other countries choose to tax and regulate.