U.S. Budget Director Warns Interest Rates May ‘Spike’ on Deficit  —  Mulvaney says Trump's economic moves ‘not a sugar high’  —  OMB is adjusting 2018, 2019 budgets after spending bill passed  —  The U.S. will post a larger budget deficit this year and could see a “spike” …

Trump plan will drop GOP's traditional goal of balancing budget within 10 years … President Trump is remaking the Republican economic playbook in his own image, abandoning ideological consistency in ­favor of a debt-busting strategy that will upend how Washington taxes and spends trillions of dollars each year.

Kim Jong-un's Sister Turns On the Charm, Taking Pence's Spotlight  —  PYEONGCHANG, South Korea — When the North Korean leader, Kim Jong-un, decided to send a large delegation to the Winter Olympics in South Korea this month, the world feared he might steal the show.

Kim Jong Un, North Korea's ‘10-Foot-Tall Baby’  —  President Donald Trump, defying his own advisers and intelligence agencies, loves to call North Korean leader Kim Jong Un a “madman,” when he isn't taunting Kim about his height, weight and the relative size of his nuclear button.

Trump's real plan for 2018  —  President Trump today will unveil a $1.5 trillion infrastructure plan that his own aides don't think will pass, and a $4 trillion budget that Axios' Jonathan Swan calls “science fiction.”  —  It's the strangest of year-ahead plans for a party that controls …

PLAYBOOK SCOOP: PELOSI pulls in nearly 50 million bucks for House Dems in 2017 — EXCERPTS from 'DEVIL'S BARGAIN' paperback edition ... BANNON says OPRAH could win Democrats the House back — BUDGET DAY  —  By JAKE SHERMAN (sherman@politico.com; @JakeSherman), ANNA PALMER (anna@politico.com …