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:
How about Germany pay back the money.
Thank you President Trump!! Thank you Jesus!!
Will Trump be paying America back for his Bankruptcies?
It highlights the total lack of action by R GOV’T, Both sides. It is LONG OVERDUE 2 REQUIRE NATIONS TO STEP UP DO THEIR SHARE & PAY THEIR DEBTS
The US cannot pour money out and expect to remain solvent. The government has long lost any common sense
Mexico has billions of dollars of debt on loans , nit once , but twice extended in an effort to help the country improve their economy add one they would come across our borders. The corruption is add one extensive that the money loaned never made it tty I the people in the former of upgrading the quality of living through job creation through industry and tourism. Get them to pay those land back and we can build the wall.
Countries need to pay their debts.
Way past time.
Good for him ..stick it to these ungrateful bastards Mr Trump. ..they will just keep expecting hand outs ……have no respect at all …
About time