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:
He’s not a highly successful businessman. 6 bankruptcies and 4000 lawsuits later. He takes everybody else’s money and runs away and the uses their money to pay his legal bills. The only reason he is giving the other countries a bill is so he has more money for his and his cronies pockets.
China owes us billions nd has never paid it back.then Obama doesn’t ask for the money but puts us in debt for the failed Obamacare.china owes us money from over 50 yrs ago.time to make China pay up too
And you realize that he’s still had that happen a lot less than most other business leaders? But see, you refuse to acknowledge that, because it doesn’t fit the bitter narrative you’re trying to push.
Maybe he was trying to create a casino where the odds were less in the house’s favor? Maybe he wanted to be more fair toward the customers, but bankrupted once he realized it made the business unsustainable. I mean, I rather doubt it, but anything’s possible.
Anyway, I don’t know for sure why that happened, and neither do you. You should just go back into your liberal bubble and watch CNN or something. All you’ve done here is prove you have rage and bitterness toward your president, and that no one should take you seriously.
Robert fox= kool-aid drinking denial. Inagine uf he ran the country into 6 bankruptcies, then how does your percentage workout?
Eh have to pay our debts. No difference.
He is not a very good businessman at all
Pay up bitches.
We should collect all money owed to us ASAP. Why should US taxpayers fund foreign debts.
I’ll bet there are European countries that still owe war debts from WW 1 and WW 2. We’ll see if collection of those debts sre pursued.
Balanced my$#%&!@* Morons attract morons. That’s how he got elected.