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:
they all need to pay their fair share ! America cant carry the world!
“Need us”? The reason we gave them the money was to house and feed the millions of refugees caused by our bombing campaigns.
hope this is true
No, this Libtard lives in Dumbf***istan.
And those people like sharpton that owe back taxes that osama was letting them escape paying should be the FIRST they go after!!! No excuse for letting some skate by and others have to scrape everything they have to pay.
Maybe Cambodia should close their borders and kick all the Americans that are in Cambodia or are making money off of Cambodia out? See if that is more than $662 million. All countries need to close their borders to Americans and confiscate all their monies invested in and used for slave labor and raping their natural resources.
See how American businesses do, businesses like the Trumps, when they actually have to produce things in America and can’t find the slave labor of cheap natural resources.
Make America great again like it was before WWII.
Any one who borrow money at some point in time is required to pay the loan back to the Lender . America does not have a never ending supply of money to loan out to other Countries , so in good faith these countries needs to seriously repay the money they borrow from US. Or figure out another way to repay their Debt . We can then use these repayments to repay our high Debt .
F**e news
I don’t think they’ll pay up. but, I’ve been saying, for years, we have to quit giving all these countries a free ride. if the countries paid what they owe us, we’d prob. be debt free; or, close to it.
Pay your damned dues