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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
I can’t even stand this anymore! We are talking about what other countries owe us and it always comes back to$#%&!@*for tat, like little children. Trump did this, and obama did that blah blah blah! Until this country can come together even a little bit, we are doomed!!!!!! Good night everyone
The US always has to pay.
Why not collect what we are owed?
Good for Trump.
It seems we are asking them to pay for bombing them.
Laurie Aguallo, it’s “know” the facts……. And those are the facts..
This is insanity. And the Trump lemmings can’t run to the cliff fast enough.
Awesome!
Crazier and crazier
Blah blah blah try twisting thing to make him look bad but they do owe us as well as many other countries especially U.N. countriesbwho have not paid us in years
Its about time we had a president that used common sense regarding the debt.