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Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin

Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin

U.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump's tax cuts will still pay for themselves over 10 years, even as the administration forecasts near-term deficits close to $1 trillion.