Trump tries to fix deficit caused by tax cuts by cutting billions from children’s health care

The Trump administration is set to ask Congress to claw back $15 billion in federal spending. If passed, it would be the largest “rescission” package passed in American history.

Nearly half of the cuts — roughly $7 billion — would come from the Children’s Health Insurance Program (CHIP), a program many low-income families depend on for coverage. The White House claims the cuts will not have an impact on the program, which currently has an enrollment of about 9 mill...