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 $60 billion. Reports are also circulating that Trump’s first budget will oversee the largest reduction of the federal workforce since WWII.
So we know how Trump plans to save money. But how will he make it?
He certainly doesn’t seem to be willing to raise taxes very much. While he has suggested that he might be okay with a small tax increase on the rich, most of the government’s extra income seems contingent on a growing economy, not higher tax rates.
But that’s not their only plan.
The Trump Administration also seems to be eyeing unpaid debts held by foreign governments — some going back half a century.
Read about how the U.S. is demanding repayment for Cambodian bombings on the next page:
If a debt is owed ..It’s not indignation to demand payment..
Who is the highly suck business man oh, you mean Sunkist the$#%&!@*man.
Rich Tuttle you must be a welfare sucking$#%&!@*if you don’t care about dept
It’s about time the free loaders pay your dam bill
Get with it. Democrats are not working for USA people
President Trump PAID taxes
Who? Trump isn’t that succesful . He has a track record of bankruptcies . Not kind to his contractors and suppliers either . He is by no real definition sucessful .
Guess they haven’t read “The Art of the Deal!” Poor unwitting politicians never had a chance!
China does not owe. Sorry Virginia Parmer, there is no Santa Claus.
And you know that China doesn’t owe us how?