We can do it without taking a penny from the earned benefits of the American people or raising taxes.
I love it when a plan comes together.
Well...I guess our debtors will happily take our imaginary money.
Ah, he’s going to sell off all that federal land in the West.
I think he’s going to reform that private bank called the Federal Reserve.
[ Trump: ‘We’re going to start paying down debt’ ]
PEACH FOWTY FIFE!
Maxine Waters says so!
Nice thought President Trump. But first we need to stop adding to the debt before we can even think about paying down debt.
Trump knows what’s coming. He is doing his part in helping grow the economy. With that comes rising interest rates that were artificially held down for years during the Obama stagnation years. Thus the interest on the debt will rise and begin to take over the budget and compete with his priorities.
Gotta at least smack around the Fed to make a real dent.
This is blatant, outright RACISM!!!
No President Trump, the US Congress is NOT going to start paying down debt.
In fact we’ll never see a single dollar of surplus.
You can take that to the bank.
Nice but most important to cut spending.
Unfortunately, congress will eventually find a new way to actually spend extra cash.
Social spending is about what, 70% of the fed budget?
That means about 15 trillion of that debt was paying for things like making sure migrant caravans are cared for.
If the President secures our border and pays down a significant part of our debt, that’s it, put him in the Hall of Fame because he will be the GOAT!
How can you pay it off when it’s all owned debt secured by bonds? Best start is to live within our means and stop the bleeding.
Can he just sign an EO that says, ‘Do Over!’ ? I mean 0bama did that Shiite on a WEEKLY basis!
I am excited and heartened to see what he comes up with. I KNOW America has been bleeding cash for DECADES now. It will be nice to FINALLY see that cash remain here, paying down debt and doing good FOR AMERICA for a change!
P.S. Please fix the potholes in our roads. Thanks! :)
I don’t believe him this time. Congress will not let him cut spending by the $1T plus that any responsible government would cut. It’s a shame too; our children will suffer because most politicians are selfish and corrupt.
Paying off the debt will be a natural consequence of balanced trade. Currently, China sells us goods, and we pay cash. What does China do with the cash? They could buy goods from us, but mostly they just buy Treasury bonds. If we even out trade with China, China will buy an equal amount of goods, and will not buy debt. The current debt will be re-payed on schedule, and we will have far less debt.
Does anybody really believe this? Trump and Republicans in Congress appear to be just as bad as everybody else on spending.
‘We’re going to start paying down debt’
Those are the words I’ve been waiting to hear.
The only thing better: Congress is as bound by every law passed as private citizens.
Been wondering when he would address this.
Good that he is, we can’t continue to borrow from China to meet the budget.
Interesting, I’d like to see the plan.