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:
Cambodia was bombed due to the fact that their goverment allowed the Northv Vietnamese and Viet Cong to use their country as a highway to move men and material into South Vietnam. The same men and material that was used to kill nearly 60,000 American servicemen and women.
What does the presidents finances have to do with Cambodian debt ? They had 50 years to repay the loan and never once made an attempt to pay it back.
Tanto Carlson Kennedy was assassinated for trying to get rid of the IRS? I’m 67 years old and that’s the first time I’ve heard that theory…..I don’t think so!!
F**K YOU..
They could pay that out of their drug money!
Maybe we should mind our own business, and not spend our money, in other countries, what a novel idea
We help support 190 countries they want us to go to war to help them they need to pay. Trump has said it for 36 years and it had been happening for 25 years before that so the last 52 years we have been drained by supporting them as well as unfair trade.
I think China owes us a little over 750 billion dollars. http://www.foxnews.com/opinion/2011/08/26/its-time-for-china-to-pay-its-debts-to-united-states.html
Virginia where did you get that information, had to be fox. He hasn’t done anything for the American people yet.
Your right Wayne there is another fool here and it is you