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Will President Trump sell off all US assets to repay the National Debt?
Today is Sunday 10th April 2016 and we are asking the question will Donald Trump, if elected President, sell off all US assets in order to clear the National Debt?
Yes during his Campaign Donald Trump has stated that he could eliminate US Government Debt in 8 years.
Official US public debt is a little over $19 trillion – that is the amount of money government has borrowed via treasury and savings bonds.
As the Governments tax receipts are less than it’s spend, including debt repayments, it is continuing to run at a deficit, thereby increasing this $19 trillion figure each year.
To eliminate the public debt in 8 years, a potential President Trump would need to come up with an extra $2.4 trillion a year either through spending cuts or tax increases.
Trump campaign spokesman Barry Bennett said the debt could be wiped by selling government assets, including government buildings, land and energy resources. He claims this could bring in $16 trillion.
So has Donald Trump over promised? If not, then we may very well be facing the prospect of every State owned asset being sold, every tax loophole closed, and an unprecedented amount of growth achieved in order to fulfil this pledge. Do you think this is realistic and achievable? We would like to hear your views.
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https://youtu.be/YRYi9gZ2yWM
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Why owning Physical Gold and Silver is so important.
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https://youtu.be/24QwsdGSMh8 
