WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has promised to create.

The U.S. will create an “External Revenue Service,” Trump said in his remarks, a play on the name of the Treasury’s tax collection agency. Trump asserted that the U.S. will rebalance trade by collecting taxes from foreign countries,