We have actually now agreed on the spending numbers for both years, we're now working on offsets and certain structural issues and as part of this, we've agreed that there would be a long-term debt ceiling extension.

Steven Mnuchin

Categorized in : Politics

We haven't had an official response yet, I think we have a few more days, we will comply with the timing of it, I think you can pretty much guess how we're going to, but we haven't made a decision.

They were trying to go back on language that had been previously negotiated, very clear language, that had the potential of changing the deal dramatically, the entire economic team ... are completely unified and recommended to the president to move forward with tariffs if we are not able to conclude a deal by the end of the week.

This is a decision that has enormous precedence in potentially we... by Steven Mnuchin

This is a decision that has enormous precedence in potentially weaponizing the IRS.

We're analyzing the law, we're consulting with the Department of... by Steven Mnuchin

We're analyzing the law, we're consulting with the Department of Justice.

I will follow the law. by Steven Mnuchin

I will follow the law.

I do intend to follow the law. But I think these raise very, very complicated legal issues. I don't think these are simple issues. There are constitutional issues.

We are making progress, I want to be careful. This is not a public negotiation ... this is a very, very detailed agreement covering issues that have never been dealt with before, this is way beyond anything that looked like a bilateral investment treaty.

I think we're hopeful that we're getting close to the final round... by Steven Mnuchin

I think we're hopeful that we're getting close to the final round of concluding issues.

The legal implications of this request could affect protections for all Americans against politically-motivated disclosures of personal tax information, regardless of which party is in power.

I believe that was purely informational, we had obviously read in the press that we were expecting this. I personally wasn't involved in those conversations.

If you'd wish to keep me here so that I don't have my important meeting and continue to grill me, then we can do that, i will cancel my meeting and I will not be back here. I will be very clear if that's the way you'd like to have this relationship.

It will be embarrassing if I keep this person waiting for a long... by Steven Mnuchin

It will be embarrassing if I keep this person waiting for a long period of time.

Cuba has been an underlying force fueling Venezuela's descent into crisis. Treasury is taking action against vessels and entities transporting oil, providing a lifeline to keep the illegitimate Maduro regime afloat.

We had a very productive working dinner last night, and we are lo... by Steven Mnuchin

We had a very productive working dinner last night, and we are looking forward to meeting today.

I'm not aware if there's ever been a request for an elected official's tax return, but we will follow the law and we will protect the president as we would protect any individual taxpayer under their rights.

There's an awful lot of interest in 6103 today. by Steven Mnuchin

There's an awful lot of interest in 6103 today.

We haven't made any decisions as to whether we'll change the bill... by Steven Mnuchin

We haven't made any decisions as to whether we'll change the bill, or won't change the bill.

As part of the historic Tax Cuts and Jobs Act, this Administration committed to making taxes simple and fair for American families. We are delivering on this promise, the new, postcard-size Form 1040 is designed to simplify and expedite filing tax returns, providing much-needed relief to hardworking taxpayers.

Ambassador Lighthizer and myself and a large team are on our way to Beijing next week. We are committed to continue these talks, we're putting in an enormous amount of effort to try to hit this deadline and get a deal. So that's our objective.

We are also very focused on free and fair trade for U.S. companies to have access there and to having a more level playing field which will bring down the trade deficit, i don't think it would be productive to speculate on the outcome because we have a lot of work left to do. ... If we can't get to the deadline, that's not because we haven't worked around the clock.