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:
Not only should they pay but should have been forced to pay years ago.
If any other countries owe us money, they need to pay up. Same as large amounts of back taxes.
Did you really use the words, ‘highly successful businessman in the white house’ as a headline? AHAHAHAHAHAHAHAHHA, good one.
What’s with the sissies here worried about a debtor paying us? We have been screwed so many times by these foreign countries. Pay USA what is owed. Go back to Japan and Germany for ww2 also
It makes it twice as stupid.
Charles is not obviously rich. He doesn’t need or want money. He’s expecting our taxes be pissed away forever
Mike I bet you could not interpret what Trumps tax return says
Such a scmuck. I’m so tired of these illegal liberals. Foff Bruce
I doubt that this “demand” is any more than a request that has probably been sent to Cambodia many times.
TRUMP!