Treasury Secretary Mnuchin on taxes
- Aims to work with Congress to raise debt limit
- Looking forward to working with Congress on tax reform
- White House determined to have combined plan with Congress on taxes
- I'd like to think there is bi-partisan support on taxes
- Tax reform is critical to US economic growth
Bland stuff.
Update:
- Temporary tax cuts are better than no tax cuts
- Don't want to discourage funds from capex
- We'll tax companies on their US income
- Plays down the idea of debt prioritization
- We will get the debt ceiling passed
McConnell:
- "There is zero chance, no chance" that Congress will fail to raise the debt ceiling.
