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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
Could you have any more grammatical errors and typos??? Does any person actually proof read any more???
About time
Cambodia is one$#%&!@*hole.
Make them pay up./
That’s not factually true.
Darrell Parsons every American Citizen has the right to legally use the current tax policy when filing bankruptcy and restructuring debt. Trump has that right just like you do. If you have a problem with tax policy then blame the Democrats and the Republican establishment.
Whatever, if they owe it, pay up!
Money that was loaned to them over many years, and never paid back. I’ve been reading these facts since the 70s, and the amounts all these countries have borrowed but never paid back. Look it up for yourself. Google is a great reference source.
Louis Mcmurl what business deal. The Democrats and many Republicans are being obstructionists. If you think their get absolutely nothing done tactics and waste of our tax payer dollars is good for American you are wrong. Look at Obamacare. Yea good for those added to Medicaid bad for those that now have health care they can’t afford. Who were told by Obama if you like your healthcare and Doctor you can keep it. A total lie. But instead of both parties taking responsibility to fix it they continue to act like idiots.
We are on the train President Trump…