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:
It is well past time for all these countries to pay the debt they owe!!!
Sounds like a good plan to recover past debt! And should be with interest!
Yes let them pay us back and no more pay to them I agree
nonononono
It’s a debt they should pay it! I have to pay my debts!
That good
ITS ABOUT TIME
Or give up half of ther country to us to Pay their debt……
They’re paying it back.and Mexico decided to pay for the wall.
Go Trump!