The US fiscal deficit in 2017 is already USD$666b. Trump tax plan will add more to its current deficit. However, the Senate only managed to pass the deficit of USD$1.5T in the next decade. Therefore, Trump couldn't get his $5T tax plan fully implemented.
https://sg-stock.blogspot.sg/2017/09/trump-us5t-tax-plan-wont-get-passed.html
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On Oct 19, the Senate passed a budget of $4 trillion in a 51-49 vote which will allow the Republicans to move ahead with the tax cuts.
The proposed plan calls for three tax rates, 12%, 25% and 35%. This is likely to add $1.5 trillion to the deficit over a decade.
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