OnPolitics Today: Hooray! Tax cuts! Just don't ask about the deficit

Also on Wednesday: Tax plan fallout, drone tracking and Ben Carson says a prayer.

OnPolitics Today: Hooray! Tax cuts! Just don't ask about the deficit It's official: Congress passed the GOP's sweeping tax overhaul, leaving the bill to President Trump for final approval.  "It's always a lot of fun when you win," Trump said at a Wednesday political pep rally. And win Trump did: His family and wealthy Americans like them will fare especially well under the bill, which carves out special exceptions for those in commercial real estate.  As Republicans celebrated their tax victory, budget experts said the federal deficit could balloon to $1 trillion next year - a problem tax cuts stand only to worsen. It's OnPolitics Today, the daily politics roundup from USA TODAY. Subscribe here. Poised for 2018: A $1 trillion deficit. Is that good? Trump's tax plan will slash government revenues by $135 billion next year, then by $280 billion in 2019, according to the Join Committee on Taxation. That lost revenue will only add to a deficit that could top  $1 trillion in the next year. Billions in disaster spending after Hurricanes Harvey, Irma and Maria will likely add to that. Trump has waved off deficit worries, betting on corporations bringing back assets from overseas. Companies seem stoked about the tax cuts. But what about workers?  GOP lawmakers say dropping the corporate tax rate will grow businesses and result in fatter paychecks for average Americans. And indeed, a handful of U.S. companies - AT&T, Boeing and Wells Fargo among them - have promised (one-time) bonuses for employees once Trump signs the tax bill into law. But some top economics predict the $1.5 trillion in cuts under the new law will only modestly bump wages, and even that might be washed out by higher interest rates. The government wants to track drones. But should hobbyists be included? A Federal Aviation Administration panel wants to find ways to track drones, a key hurdle in letting remote-controlled aircrafts drop off Amazon Prime deliveries on our doorsteps in a few years. But should every drone in the sky get tracked? Or just commercial ones? A hobbyist group of 200,000 drone pilots has asked for an exemption. But some voices - including airline pilots - say that would defeat the purpose. Elsewhere in politics • Senator warns Trump: Firing Mueller would cross 'red line' • North Korea is training hackers to make make money • Al Franken's last day will be Jan. 2 • Mitch McConnell: No DACA deal until 2018 • Ben Carson: Thank you, God, for 'courageous' Trump • Virginia state House race to be randomly decided MOST SHARED USA TODAY STORIES Trump declares victory as tax bill passes: 'It's always a lot of fun when you win' The bill, Trump promised, means Americans will get a "big, beautiful... Read more Continued after advertisement Cuomo: Female reporter's question on sex harassment was 'disservice to women' The Democratic governor's comments immediately drew social media... Read more Here's what's in the final tax bill Republicans plan to send to President Trump next week The bill eliminates exemptions, cuts back deductions and lowers... Read more How does congressional leadership handle sexual harassment cases? It depends. As the #metoo movement hits the Capitol, leaders in both parties are... Read more Nevada Rep. Ruben Kihuen won't seek re-election amid sex harassment allegations Rep. Ruben Kihuen, D-Nev., won't seek a second term, a day after the... Read more FOLLOW US Thank you for subscribing to On Politics. Unsubscribe  |  Manage subscriptions  |  Privacy Policy/Your California Privacy Rights  |  Ad Choices  |  Terms of Service © 2017 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102