See if you can spot the moment the tax cuts kicked in

A report from the nonpartisan Congressional Budget Office released Wednesday offered a stark forecast for the nation’s budget: The deficit will be about $800 billion more over the next 10 years than previously forecast.

The CBO points to two recent policy decisions as the reason for the update — the budget agreement reached this year and emergency relief to address the situation at the border. More broadly, though, what’s driving the increase in the federal deficit is the tax bill President Trump signed into law in late 2017. Not convinced? Consider the CBO’s data.