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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
Charlie Oliver maybe if japan were the ones with the largest collection of firepower on the planet.. as it happens that would be US
Darrell Parsons And he does it all legally according to US laws
Cheryl Barbee$#%&!@*Amen!!
The syrian refugees do not want to come here. They want help to stay in their own country. Have you not seen any interviews with them???
He needs to go after all the country’s that owe us money, our taxes will go down, down and dawn
Cambodia makes ISIS look almost civilized. They slaughtered 25% of their own population between 1975-79.
WTF…when all you do is proof read all the comments and not listen to the content…you are a moron
There are no more ignorant people than the United States of America produces. The clown just proves if you find enough gullible people you can do anything and the more money you have the more it clouds the judgement of the ignorant.
And that is what he is doing…weeding out the unnecessary people and draining the swamp
just declare bankruptsy like trump 5 times lol screw the creditors…