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US Spent A Record $4 Trillion In Fiscal 2017, Pushing Deficit To $666 Billion

us spent a record $4 trillion in fiscal 2017, pushing deficit to $666 billion
One year ago, the CBO forecasted that Fiscal 2017 deficit (for the year ended September 30), would be in the mid-$500 billion range. It was not meant to be, however, and on Friday the Treasury reported..
Zero Hedge

Treasury's Mnuchin: Difficult not to cut taxes for top 10 percent

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Friday that it was difficult for the Trump administration's tax plan not to cut taxes for the wealthiest earners.
Reuters

Videos for "Steven Mnuchin"

News video: Trump Nears Decision On Who Will Replace Fed Chair Janet Yellen

Trump Nears Decision On Who Will Replace Fed Chair Janet Yellen 00:37

Federal Reserve Governor Jerome Powell is the leading candidate to become the chair of the U.S. central bank. According to Politico, President Donald Trump concluded a series of meetings with five..
Source: Wochit Headline News -

News video: Intellectus' Emons Says Markets Are Banking on Tax Reform

Intellectus' Emons Says Markets Are Banking on Tax Reform 02:51

Oct.18 -- Ben Emons, Intellectus Partners head of credit portfolio management, discusses how investors are reacting to the prospects for tax reform with Bloomberg's Julia Chatterley and Scarlet Fu on..
Source: Bloomberg Global Business -

News video: Mnuchin Warns of Stock Market Tumbling if Tax Reform Fails

Mnuchin Warns of Stock Market Tumbling if Tax Reform Fails 00:37

US Treasury Secretary Steven Mnuchin warned this week that if Donald Trump and GOP leaders' tax reform package fails, numbers on Wall Street will begin to tumble. On the Politico Money podcast with Ben..
Source: Wochit Headline News -

News video: Corker Believes He'll Speak With Trump Again

Corker Believes He'll Speak With Trump Again 00:39

Tennessee GOP senator Bob Corker, who has said that Donald Trump's tweets could lead to “World War III” and that the White House is "An adult day care center," said Monday that he isn't sure when..
Source: Wochit News -

News video: U.S. keen to invest in India: Arun Jaitley

U.S. keen to invest in India: Arun Jaitley 01:21

Washington D.C. (U.S.), Oct 15 (ANI): Union Finance Minister Arun Jaitley said that both government and business organisations of United States of America, showed keen interest to invest in India. The..
Source: News unlimited -

 

Treasury watchdog finds Mnuchin's private jet trips broke no law

WASHINGTON (Reuters) - A senior lawyer at the U.S. Treasury Department's Office of the Inspector General said on Thursday he found "no violation of law" in Treasury Secretary Steven Mnuchin's use of..
Reuters

Treasure secretary and Suicide Squad producer Steven Mnuchin reportedly forms Trump 'suicide squad'

Trio will reportedly quit if Trump targets any one of them
Independent

Can't guarantee tax cut for entire middle class: Mnuchin

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Sunday said one of the top goals of the Trump administration's tax plan is to help the middle class, but he could not guarantee that..
Reuters

Mnuchin says no regrets over government plane use

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Sunday he does not regret using a government plane to travel to Kentucky in August with his wife to view the solar eclipse and..
Reuters

U.S. Treasury chief says planned tax cuts will not benefit wealthy

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Sunday dismissed suggestions that the Trump administration's proposed tax cuts would benefit wealthy Americans at the expense of..
Reuters

Will The White House Prevent Rosneft From Buying Citgo?

Senators have pressed the Trump Administration to review the chances of Russia’s Rosneft acquiring Venezuela’s PDVSA and its U.S. business, Citgo. Marco Rubio and Bob Menendez believe a change in..
OilPrice.com

Steve Mnuchin: Trump's treasury secretary tried to use government jet for his honeymoon

Steven Mnuchin, an independently wealthy former banker, has come under investigation for his travel before
Independent

Steven Mnuchin sought US Air Force jet for honeymoon

Treasury secretary faces inquiry over requests to use government aircraft
FT.com

U.S. corporate tax cut goal in doubt, Trump dines with senators

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin cast doubt on President Donald Trump's chances of cutting the corporate tax rate to 15 percent, while Trump met with six senators including..
Reuters

Corporate tax goal in doubt as Trump kicks off push on reform

(Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Tuesday that the administration's goal of cutting the corporate tax rate to 15 percent may be unattainable, even as President Donald Trump..
Reuters


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