Treasury secretary: Trump’s middle-class tax cut on hold

By Katelyn Caralle

Published December 19, 2018 1:53am ET

Add Washington Examiner on Google

Treasury secretary: Trump’s middle-class tax cut on hold — Treasury Secretary Steve Mnuchin leads a meeting of the Financial Stability Oversight Council, Tuesday, Oct. 16, 2018, at the Treasury Department in Washington. | (AP Photo/Jacquelyn Martin)

Treasury Secretary Steven Mnuchin said a 10 percent tax cut for the middle class President Trump called for ahead of the midterm elections is on the back burner.

“I’m not going to comment on whether it is a real thing or not a real thing,” Mnuchin told Bloomberg in an interview Tuesday. “I’m saying, for the moment, we have other things we’re focused on.”

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

2018 Elections Donald Trump Middle Class Steven Mnuchin Tax Reform Taxes Treasury Department