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:
Good luck with that.
we were in Vietnam way before Kennedy.
I would say that a military budget that is bigger than the next 10 countries combined and is three times larger than China and Russia combined is the reason for our deficit. And then throw in tax cuts for the rich and so on and so on.
He will never tax imports from China. Unless his family moves their business to Vietnam or Bangladesh first.
Kathy Pero-Bearup just thought you might like to know Obama administration jailed, deported or both over 2.5 million people.
lol funny how no one remembers or I guess knows how and why WWII started…..(forcing Germany to repay all Wat expenses)
Holy snowflake.
Josh Erdahl Get used to us, like the real snowflakes, there are many, many more of us and collectively, we have to power to push you back under your slimy rocks. Roger Ailes, Bill O’Reilly, Gen. Flynn, are just the beginning. You’re screwed.
Pay up Sharptons!!!
Time to pay your bills. I pay my bills every month.