The International Monetary Fund (IMF) warned on Thursday that the tax bill of US President Donald Trump, who is in the process of voting in the House of Representatives, is likely to complicate the task of reducing US debt deficit and debt.

The IMF has repeatedly stated that the US must reduce their public lending over time in order to begin to decline their debt as a percentage of GDP, spokesman Julie Kozak said.

The tax bill “seems to be contrary to a decline in federal debt in the medium term,” Kozak told reporters in a report in Washington on Thursday. “The sooner this process of reducing the deficit, the more gradually the decline in deficit can be achieved over time.”

While the term “medium term” may have different definitions, the IMF often refers to periods of three to five years.

The bill approved by the Senate and is now in the process of voting by the House of Representatives is estimated to increase by 3.3 trillion. dollars in the US deficit, according to the Congress Budget Office.

The IMF is considering the details of the bill and its possible impact on the US economy and will provide a new provision for the US and the world to inform global economic perspectives later this month, Kozak said.