There is no constituency for debt reduction, which is a fancy way of saying voters don’t care that the federal balance sheet is roughly $37 trillion in the red — and growing.

This simple fact of American politics goes a long way toward explaining why President Donald Trump, with the help of congressional Republicans, is pushing a sweeping reconciliation package of tax cuts and fresh domestic spending priorities that is projected to add approximately $3.8 trillion to the swelling federal debt. Politics is a service business and Trump and his Capitol Hill allies are aiming to please the customer.

So they’ve loaded up the reconciliation package, dubbed the One Big Beautiful Bill Act, with a series of crowd-pleasers — expansions of existing tax breaks plus some brand-new ones.

Yes, there ar

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