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Why China Isn’t Lecturing Trump About His Costly Bill

Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.

© Kenny Holston/The New York Times

The House passed a sweeping bill to extend tax cuts and slash social safety net programs. The budget office reported the measure would increase U.S. national debt by at least $3.4 trillion over a decade.
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