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Press Center

 Statement from Secretary Mnuchin on President Trump’s Budget Proposal


5/23/2017
Washington— Secretary of the Treasury Steven T. Mnuchin issued the following statement today in response to President Donald J. Trump’s budget proposal:
 
“President Trump’s budget focuses Treasury on our core missions of collecting revenue and managing the nation’s debt, while modernizing, streamlining and increasing efficiencies to reduce operating expenditures. It prioritizes investments in cybersecurity, and maintains critical funding to implement sanctions, combat terrorist financing, and protect financial institutions from threats. The President’s budget will achieve savings through reforms that prevent taxpayer bailouts and reverse burdensome regulations that have been harmful to small businesses and American workers. These initiatives, coupled with comprehensive tax reform and other key priorities, will move America one step closer to sustained economic growth of three percent or higher.”
 
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