Economics

Trump's Budget Won’t Touch Entitlement Programs, Mnuchin Says

  • Treasury secretary says the focus is on tax cuts for growth
  • Administration wants CFPB funded through appropriations

President Trump Preps Budget, Message to Congress

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Treasury Secretary Steven Mnuchin said President Donald Trump’s upcoming budget won’t touch entitlement programs such as Social Security or Medicare, and will instead focus on ways to produce long-term economic growth by slashing taxes.

“We are not touching those now,” Mnuchin said of entitlements in an interview taped Friday and broadcast Sunday on Fox News Channel. “So don’t expect to see that as part of this budget, OK. We are very focused on other aspects and that’s what’s very important to us.”