Mnuchin: Trump's first budget won't touch entitlements

Treasury Secretary Steven Mnuchin told Fox News on Sunday that President Trump's first budget, due out March 13, will not cut Social Security or Medicare.  Instead, the budget will feature tax cuts and regulatory reform to stimulate the economy. The Hill: The Trump administration policy on entitlements is unclear. Trump himself promised not to cut Social Security or Medicare benefits during his campaign, and Mnuchin backed that pledge during his confirmation hearing. Mnuchin did not specify during his confirmation hearing what the Trump administration would consider cutting, and Office of Budget and Management Director Mick Mulvaney insisted during his confirmation hearing that he’d push for Social Security and Medicare reforms. 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...(Read Full Post)