President Donald Trump’s tax cut wish list would cost would the federal government between $5 trillion and $11.2 trillion in lost revenue over the next decade, according to a new analysis from a budget watchdog group.

WASHINGTON—House Republicans, struggling with their narrow majority and lawmakers’ demands for spending cuts, are considering an extension of President Trump’s expiring tax cuts that would last for as little as five years.

Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring

The tariffs Trump threatened against Canada, Mexico and China roiled financial markets but they fall far short of duties the US would need to offset the cost of extending his 2017 tax cuts, economists estimate.

Fiscal hawks are demanding deeper cuts on major tax, energy and healthcare package that would advance key Trump administration priorities.

Congressional Republicans met with former President Donald Trump for five hours on Thursday but failed to finalize a deal on extending his tax cuts. However, lawmakers say they are close to an agreement.