The Trump administration seems to be wasting no time getting its financials in order. Just a few weeks into Donald Trump’s term, Trump tweeted that the debt had been lowered by $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
It’s about time..
The wall Street journal is owned by Rupert Murdock, the same guy that owns fox news , as right wing as it gets. You gotta be a troll
Comrade trump
Great news
Cambodia has a very long and dark history. Every time there is a change of power they just pass the buck to the next Regime. We lost a lot of good people there but they chose to fight amongst themselves. You would train one Army and the next year we would be fighting the Army that we built the year Before. Their economy has and always will be based on the poppy plant (heroine)
Rules their Country.
Accomplished businessman??? Then why have so many of his ventures failed?
F**k trump
The Iraq war should not have cost the US anything. We should have taken the cost out in oil. We didn’t take over the country and we didn’t take over the oil. How dumb is that?
I am outraged we send money to other countries.
Peggy Mohan the reason we lost Vietnam is because our troops were forbidden to cross into Laos and Cambodia while the north Vietnamese used those countries as a highway onto south Vietnam. If that were to happen today we would be holding Cambodia and Laos responsible for harboring terrorists and flatten them.