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:
Ed your as dumb as a rock trump is filling up the white house with wall street people and you think he is draining the swamp. What an idiot
Peggy Mohan I think you’ve been reading “History for Leftists”. You might read the article if you want to understand why we bombed Cambodia. And, Kennedy and Johnson kept us in Vietnam. Nixon got us out.
Hal Wulff Yes, they did. Read the article and a better history book.
Scott, don’t think they’ll demand anything….They need the USA to sell their cheap s**t products
Henry Quackenbush Read the entire article.
This is funny. #45 tries to evade his debts all the time.
One word: Mar-a-Lago
Harry Conkle. Got any proof to back up your b******t?
Why doesn’t Trump pay the companys he cheated?
What about the billions we send in annual tribute to our “friend” Israel? Oops, I wasn’t supposed to notice that…