The honeymoon period for Steve Mnuchin, as for the rest of the Trump administration, did not last long. But for the first few weeks of his tenure as secretary of the Treasury, Mnuchin was still giddy over the potential to slash the nationβs tax rates and unleash that sweet, pent-up economic growth. βLet me first say that our economic agenda, the number one issue is growth and the first, most important thing that will impact growth is a tax plan,β Mnuchin gushed on CNBC, still glowing after being confirmed by the Senate the week before. βSo we are committed to pass tax reform. It will be very significant.β The plan would, he said, be done by August, when Congress leaves for recess.
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