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:
We’ll said!
Trump is a CHUMP !!!
Tough! Pay your share!
Let me see if I understand this. Are you really saying that if you order a good or a service and said item is not constructed or delivered to your satisfaction, you are still going to pay for it, rather than return it or withhold payment until you are satisfied?
All you NATO countries start paying you obligations. We’re tired of paying your bills.
Highly successful? He has been involved with 61 businesses. 24 of those businesses have outright failed. 16 of those businesses are currently identified as troubled, and 21 have been successful, that is a failure rate of about 40%, and that doesn’t include the 16 businesses that are not doing well. You may want to re-evaluate your definition of success.
All other nations expect us to pay! Be happy we aren’t asking for interest!
Yeah right. He is cutting funding to programs for children and seniors, and he is on pace to spend as much vacationing and playing golf in his first year, as Obama spent in 8 years.
And let’s not forget that he isn’t actually cutting spending. He is shuffling the money from one program to another. So he is actually increasing spending.
PAY UP OR GET CUT OFF SIMPLE AS THAT?
The free ride is over!