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:
highly successful lfol
What about the $4.5 million dollars a month the U.S. spends on security for Trumps wife and son to live in NYC instead of Washington?
ABSOLUTELY!!!
David Mix , China / NAFTA /Mexico…..guess who ?….Clinton timeframe !!!! The rest followed thru as usual !!
get the money and cut cambodia loose from the US teat. they cant do anything for us and we dont need them at all.
Stop foreign aid we’re in debt 20 trillion
WOW! BY the way LIKE ALWAYS we broke international LAW bombing in Cambodia! But we do that everyday now!
good FOR TRUMP! This article goes into thebomings in Cambodia, but it doesn’t address the REASON for the bmbing. The US didn’t just decide one day, oh we’re going to bomb Cambodia… Get real people.
“The debt started out as a US$274 million loan mostly for food supplies to the then US-backed Lon Nol government but has almost doubled over the years as Cambodia refused to enter into a re-payment program.”
NOW we have a president that is demanding these loans be repaid.
WELL HE’S NOT COLLECTING AS FAST AS HE’S SPENDING,, NOT VERY GOOD BUSINESS………
,yes, its payback time.