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Congress

Watch: Mulvaney testifies before Senate committee on budget

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Office of Management and Budget Director Mick Mulvaney is expected to testify on Thursday at a Senate Budget Committee hearing on the 2018 budget.

The White House is seeking to slash federal spending by $3.6 trillion over the next decade via steep cuts across most agencies and tough new restrictions on aid to the poor.

Read more:
White House 2018 budget proposal is out, and it slashes the social safety net

--CNBC's Ylan Mui contributed to this report.

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