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:
Are we charging the for the bombs that were dropped by Richard Nixon and Henry Kissinger? Trump isn’t a “highly successful businessman.” He is con artist, thief, and scumbag. He can “demand” all he wants, but he isn’t going to get a dime out of Cambodia. He is a moron. An impotent fool.
You obviously weren’t there so STFU. Cambodia was directly involved.
Charlie Oliver I would love to have your crystal ball, I would head to Vegas and become the richest person in the world. You have no idea what the President or anyone else will do, find something worthwhile to do.
Dean Couch there is no gold in Ft Knox, hasn’t been for years since the US went away from the Gold Standard. Where you been?
We carpet bombed their country so the couldn’t grow food. Then we “loaned” the $274 million to buy food from us. It’s looks like a scam to me.
Good, cough it up, we don’t have to save your asses on our dime
AWESOME
The world is going to half to pay up………
I disagree with this one, Cambodia was caught up in the VN war and when the Democrats cut-off the war funding in 75, they were slaughtered by the millions.
About time!