Subject: RE: Wonkbook: 'King of debt' Trump says U.S. can get out of paying it all back
From: "Paustenbach, Mark" <[email-masked]>
To: "Banfill, Ryan" <[email-masked]>, "Miranda, Luis" <[email-masked]>, "Walker, Eric" <[email-masked]>
Date: Fri, 6 May 2016 09:28:31 -0700

We had planned on doing something but got backed up. May hit it here soon.

Mark Paustenbach
National Press Secretary &
Deputy Communications Director
Democratic National Committee
W: 202.863.8148
[email-masked]<mailto:[email-masked]>

From: Banfill, Ryan
Sent: Friday, May 06, 2016 12:27 PM
To: Miranda, Luis; Paustenbach, Mark; Walker, Eric
Subject: Fwd: Wonkbook: 'King of debt' Trump says U.S. can get out of paying it all back

Did you guys see this quote?

"I am the king of debt. I do love debt. I love debt. I love playing with it." Trump said.

Sent from my iPhone

Begin forwarded message:
From: The Washington Post <[email-masked]<mailto:[email-masked]>>
Date: May 6, 2016 at 12:16:06 PM EDT
To: <[email-masked]<mailto:[email-masked]>>
Subject: Wonkbook: 'King of debt' Trump says U.S. can get out of paying it all back
By Max Ehrenfreund Presumptive Republican presidential nominee Donald Trump on Thursday said he might seek to pay back investors in U.S. government debt less than they were owed "if the economy crashed," raising doubts about whether Treasury bonds would be reliable in a future administration. The comments were striking because, historically, U.S. government debt has been treated as sacrosanct, …

[The Washington Post]<http://link.washingtonpost.com/view/5728a16715dd9659088b55ad3ywq7.34m/fddaebd2>

[Wonkbook]<http://link.washingtonpost.com/click/6667567.4054/aHR0cDovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vbmV3cy93b25rYmxvZz93cG1tPTEmd3Bpc3JjPW5sX3dvbms/5728a16715dd9659088b55adBce7bd420>

The latest economic and domestic policy from Wonkblog

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[Donald Trump speaks  at Iowa Central Community College in Fort Dodge, Iowa on November 12. (Scott Olson/Getty Images)]

Donald Trump speaks at Iowa Central Community College in Fort Dodge, Iowa on November 12. (Scott Olson/Getty Images)

By Max Ehrenfreund

Presumptive Republican presidential nominee Donald Trump on Thursday said he might seek to pay back investors in U.S. government debt less than they were owed "if the economy crashed," raising doubts about whether Treasury bonds would be reliable in a future administration.

The comments were striking because, historically, U.S. government debt has been treated as sacrosanct, the safest investment in the world, and a pillar of global financial stability.

Speaking on CNBC, Trump said he embraces the idea of taking on debt, given that borrowers can try to tweak the terms later on. Indeed, as a businessman Trump has used the bankruptcy laws<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL2J1c2luZXNzL2Vjb25vbXkvd2hhdC10cnVtcC1kaWRudC1zYXktYWJvdXQtaGlzLWZvdXItYmlnLWJ1c2luZXNzLWJhbmtydXB0Y2llcy8yMDE1LzA4LzA3L2JjMDU0ZTY0LTNkMTItMTFlNS05YzJkLWVkOTkxZDg0OGM0OF9zdG9yeS5odG1sP3dwbW09MSZ3cGlzcmM9bmxfd29uaw/5728a16715dd9659088b55adB39c313e2> on several occasions to reduce his companies' debts.

"I am the king of debt. I do love debt. I love debt. I love playing with it." Trump said.

"Do you believe that we, in terms of the United States need to pay a hundred cents on the dollar, or do you think that there's actually ways that we can renegotiate that debt?" CNBC's Andrew Ross Sorkin asked him.

"Yeah, I think -- look, I have borrowed, knowing that you can pay back with discounts. And I have done very well," Trump said.

Read the rest on Wonkblog.<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL2Jsb2dzL3dvbmtibG9nL3dwLzIwMTYvMDUvMDYva2luZy1vZi1kZWJ0LWRvbmFsZC10cnVtcC1zYXlzLWhlLWtub3dzLWhvdy10aGUtdS1zLW1pZ2h0LWdldC1vdXQtb2YtcGF5aW5nLWl0LWFsbCVFMiU4MCU4Qi1iYWNrLz93cG1tPTEmd3Bpc3JjPW5sX3dvbms/5728a16715dd9659088b55adBd6cea336>

________________________________
Number of the day

160,000.

That's about how many positions employers added to payrolls in April, according to the monthly report from the Bureau of Labor Statistics. Chico Harlan has more<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL25ld3Mvd29uay93cC8yMDE2LzA1LzA2L3Utcy10by1yZWxlYXNlLWpvYnMtZGF0YS1mb3ItYXByaWwvP3dwbW09MSZ3cGlzcmM9bmxfd29uaw/5728a16715dd9659088b55adBc9495fae>.

________________________________

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One simple study of minimum wage hikes since 1938 found that total jobs more often went up across the economy when the minimum wage was raised.

By Jim Tankersley  •  Read more »<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL25ld3Mvd29uay93cC8yMDE2LzA1LzA1L2hlcmVzLWEtcmVhbGx5LXJlYWxseS1yaWRpY3Vsb3VzbHktc2ltcGxlLXdheS1vZi1sb29raW5nLWF0LW1pbmltdW0td2FnZS1oaWtlcy8_d3BtbT0xJndwaXNyYz1ubF93b25r/5728a16715dd9659088b55adC6acec664>

2,000 doctors say Bernie Sanders has the right approach to health care<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL25ld3Mvd29uay93cC8yMDE2LzA1LzA1LzIwMDAtZG9jdG9ycy1zYXktYmVybmllLXNhbmRlcnMtaGFzLXRoZS1yaWdodC1hcHByb2FjaC10by1oZWFsdGgtY2FyZS8_d3BtbT0xJndwaXNyYz1ubF93b25r/5728a16715dd9659088b55adBa9dbecaf>

2,000 doctors want to replace Obamacare with a single-payer system

By Carolyn Y. Johnson  •  Read more »<http://link.washingtonpost.com/click/6667567.4054/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL25ld3Mvd29uay93cC8yMDE2LzA1LzA1LzIwMDAtZG9jdG9ycy1zYXktYmVybmllLXNhbmRlcnMtaGFzLXRoZS1yaWdodC1hcHByb2FjaC10by1oZWFsdGgtY2FyZS8_d3BtbT0xJndwaXNyYz1ubF93b25r/5728a16715dd9659088b55adCa9dbecaf>

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