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:
We are first….finally. Thank you President Trump
Thank you President Trump. American ppl first
You know nothing
Ass holes thinking we should not be repaid. I’ll bet Quakenbush is living under a bridge spewing this garbage
In 2005 he paid 38 million in taxes. What have you done?
I see Dawn thinks he/she is bright lol
I’ve paid my taxes EVERY year since 1992. I’ve never paid 38 million in taxes. I’ve also never received a small loan of $1 million dollars from my father or inherited $200 million from my grandfather.
What have you done?
Yes
How can we$#%&!@*about cambodia owing us 600 million when we owe nations TRILLIONS? We have enough tax revenue if we simply stopped wasting it. We air lifted 1.5 billion to iran, we fund foreign terrorists, etc. Yet we are sweating cambodia over 600 million? Lets get our house in order first shall we.
Make them pay up