US Treasury Sec Mnuchin: Tax plan will pay for itself through economic growth

US Treasury Secretary Mnuchin ic out on the wires, with key quotes, via Reuters, found below:

• Trump tax plan is scored to 2.9 percent GDP growth over 10 years
• Trump tax plan will pay for itself through economic growth
• Trump tax plan projections on GDP growth are 'very reasonable'
• There is the possibility of a fourth individual income tax rate
• Federal government should not be in the business of subsidizing states
• Trump's non-negotiable aspect of tax plan is 20 pct corporate tax rate
• Debt ceiling issue needs to be fixed
• Comfortable government can currently be funded through January 2018
• Hope as part of December congressional negotiations the debt ceiling will be extended
• U.S. can get to higher than 3 pct GDP growth on sustainable basis
• Would like to make tax plan retroactive to beginning of 2017
• Treasury has made two giant cash shipments to Puerto Rico