Home » Negócios » Mnuchin: Trump’s first budget won’t touch entitlements

Mnuchin said Trump would use his first State of the Union policy speech on Tuesday night to preview some elements of his sweeping plans to cut taxes for the middle class, simplify the tax system and make American companies more globally competitive with lower rates and changes to encourage USA manufacturing.”So let me just say this is something we are studying very carefully”, Mnuchin said. White House Press Secretary Sean Spicer has confirmed the budget outline would come around that date. “So don’t expect to see that as part of this budget”. The Trump Administration’s fiscal 2018 budget will be officially sent to Capitol Hill in mid-March. Crude Prices End Higher as Investors Grapple With Production
USA crude production at 9 million barrels a day last week was the highest level since early April 2016, according to the EIA data. In addition, USA oil rig count increased for the sixth straight week to the highest level in more than fourteen months. Trump on Tuesday evening will give his first speech before a joint session of Congress.Rep. Mark Meadows (R-S.C.), a Trump ally and chairman of the conservative House Freedom Caucus, also said Trump would consider reforms that could limit payments for future Social Security and Medicare recipients without touching current benefits. But opposition by Republican senators, as well as USA retailers, makes that a long shot. “And we’re doing it under lightning-fast proposals”.A Trump “budget blueprint” being released today would add $54 billion in defense and security funding next year while cutting that amount from “lower priority programs” across government agencies, according to the administration. Pearson plc (PSON) Given Sell Rating at Numis Securities Ltd
The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. Stockholders of record on Thursday, May 18th will be given a dividend of GBX 3.20 ($0.04) per share on Thursday, June 15th. Mnuchin said the emphasis on the business side will be on making US companies more competitive.One proposal, a border-adjustment tax, would increase levies on imports to the U.S. Critics have said the higher import costs would be passed on to consumers in the form of higher prices, potentially stoking inflation.Trump’s rhetoric on bringing back jobs from other countries to the U.S. has alarmed some investors, but Mnuchin said they would not start a trade war. The Treasury secretary explained that while the president is a proponent of free trade, he also believes in fair trade. George Bush’s Daughter Is Speaking In Support Of Planned Parenthood
Defunding Planned Parenthood would have a devastating impact in Paul Ryan’s district , and across Wisconsin. We go for affordable, high-quality health care.

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