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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
When I read about the debts, to me it is complicated. It involves not just the government but it involves individuals as well.
“Repay us for bombing your country 50 years ago.” How low can this man sink?
About time. After all we save their asses
,,, so good to have an honest intelligent person running this country …… he is gonna do a GREAT JOB …..
I I wonder what Trump would do if China,japan,saudi arabia came to collect the debt we owe them.
We will spend a billion dollars bombing their$#%&!@*until they pay. win win.
Military action of any kind is not free, so why should countries who can’t defend themselves continue to look to the U.S. to be their Sugar Daddy? If we help defend you, re-build your infastructure, etc. then there should be some payback. If not in money, then in resources or other valuable commodities. I think Trump’s notion of “pay your own way” is fantastic–not only for other countries but also for free-loaders within the U.S.
Countries, pay up!
Maybe they will file bankruptcy. Lol. That is how DJT pays his debts.
The way the mainstream media freaks out every time he tweets something, but them they never follow up when the information is found to be true.