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:
Just a head’s up for those of you leaning on sources like this, Breitbart, Federalist Papers, etc., you’re not using reliable info.
https://mediabiasfactcheck.com/truth-and-action/
Rob Lundtoft well we did dick
Please do not believe what this rag posts on FB or its website. They are making up stories just to rile you guys up. Research it and you’ll find out there is no truth to this.
Great move
Donald knows a lot about debt and how to avoid paying them or declaring bankruptcy.
Rob Lundtoft you are so correct!
I guess you solved it there didn’t you deputy
He paid 38 million in tax in 96. Also he was legally tax-exempt for more than 15 years due to a bankruptcy filed many years ago
And how many multi-billion-dollar corporations do you win at this time ?
…just tell them to give it to China…We owe them billions.