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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
Due diligence is a$#%&!@*huh.
They’ve been given byes for so long now they cannot imagine paying their contracts.
Charles Robinson you dont deserve a dime of it you a shithead!
Al Rivard, just as they did when we loaned them money. They just have refused throughout the years to pay their debts. At least w are making the interest payments, they aren’t doing even that. None of these countries are.
somebody has to pay for our President’s weekends in Florida, and of course the First Lady staying in NYC
Oh, please Jon Blank! No one said anything like that.
Just like a libtard…..raising taxes is always the answer. So pathetic !
Didn’t we just settle a 200 billion dollar “debt” to Iran…..after we laundered the cash….and stacked it neatly on pallets…..after nondescript secretly flew it, under cover of darkness, to the greedy hands of our staunch enemy? Or was that just ransom for a traitor?
Started over 500 companies with a 94% success rate, yet he is a moron in your vastly overated opinion. What have ever started that is that successful, I mean, besides your period, given that you are a c**t
A debt is just that! Monies owed. Pay up!