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:
I hope Trump looks at foreign aid that goes to corrupt country’s and cuts it off and especially country’s that constantly vote against us in the UN !!
Why lower it by 60 billion,collect it all.
there is a new sheiff in yown
yown
You stick with trump he will take you to hell with him
Go Trump
Yes we need to collect our debts and stop being the world’s punching bag. We can also save tons from withdrawing money from UN.
Peggy Mohan You need to brush up on “Real” History. Ronald Brown is 100% correct.
And the people replied with loads of bull c**p!
If you owe it you are to pay it . So what is the problem here ??