 Other elements have also increased the deficit over the past few months, including higher interest rates. That makes it more expensive for the government to pay its debt. And the continuing impact of the 2017 Trump tax cut legislation also adds to the deficit. With the Speaker's Lobby, Chad Pergram, Fox News. Don't you wish your life came with a warning app? Stop. That dog does not want to be petted. Just a little heads up before something bad happens. Move your coffee cup away from your computer. Oh!