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:
Vance Combs and not one single solitary ounce belongs to the United States.
Way to go
I wonder how many leftists would nuke Washington DC and rhetoric eastern seaboard just to kill trump? Their hatred runs so deep they would bring the whole country down just to hurt Trump.
Claude Dies A couple of problems here. First, the bombing was in support of our war in Viet Nam. Secondly, foreign aid – all foreign aid – accounts for less than 1% of our budget. So, explain how something that is that small is causing us to go so far into debt??
Mike Wilson Trump looks for reasons to not pay contractors. In at least one case he refused to pay due to bad workmanship, yet said he would have no problem hiring them for other contracts doing the very same thing. Explain just how that makes sense.
Virginia Parmer Exactly when did we loan money, or help China? We didn’t support Mao when he took over. And, as a communist country after that, we didn’t help them in any way that I know of. And, asking how someone knows they don’t owe us after you claimed they do makes no sense. It’s up to you to back your claim.
darn “a” key sticking, and I should do a better job of proofreading
Make em all pay us back!
Cut the aid to these countries-
We have veterans and homeless dying to be treated or helped up off the streets!
No more trying to buy other gov’ts!
They should know by now it doesnt work (backstabbers all)
They just like our US dollar!
Hell yes, we pay to maintain it they can at least pay to use it
Outrage? How about being a deadbeat nation who doesn’t pay their bills that is what I find outrageous. If they don’t pay their bills than cut out foreign aid, slap them with sanctions and let their$#%&!@*starve.