WASHINGTON (AP) — Top officials in President Donald Trump's Cabinet are heading to Capitol Hill to defend his plans to cut domestic programs and parry Democratic criticism of his tax plans. Budget Director Mick Mulvaney appears Wednesday before the House Budget panel while Treasury Secretary Steven Mnuchin will testify at the tax-writing House Ways and Means Committee. Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs. The plan, Trump's first as president, combines $4.1 trillion for the upcoming 2018 fiscal year with a promise to bring the budget back into balance in 10 years, relying on aggressive spending cuts, a surge in economic growth — and a $2 trillion-plus accounting gimmick.Read more on NewsOK.com
Cabinet Members Head To Capitol Hill To Defend Trump Budget
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Tue, 05/23/2017 - 11:55pm
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