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:
People still don’t get how Trump works. This will be his opening position from which future negotiations will commence. A publicly stated position by the pres., scares the heck out of people. Charles Robinson, if that’s your best comment please stop, think and do better.
It’s not like we send money to nearly every other country as it is…
time to pay the troll baby!!
Highly successful, now that’s an unusual way to describe a fool that has bankrupted, what five different companies including casinos for Christ sakes.
We’re in debt because countries owe us money? That’s not how that works.
They agreed . Pay up.
Effectively speaking we loaned Cambodia money to help with a problem that we were causing for Cambodia. It’s the national equivalent of a bully lending you the lunch money that he’s going to steal, and demanding you repeat after he has stolen it.
Eddy Chavez bring back coal for one…Obama care will be replaced..Obama did have a lot to do with the Travel plan….and its only April of the first of his two terms..or 3terms when his daughter gets elected.
Y’all say Trump is a Hypocrite, and a Crook!! Well, ya gotta fight fire with fire! Who better to deal with the Hypocrites and Crooks that run the other countries!
Dave Custer I had a small indirect part in a futile area of investigation regarding the Kennedy assignation and never heard anything about the IRS mentioned. I think someone here is delusionary!