{"id":2449375,"date":"2025-06-19T12:29:01","date_gmt":"2025-06-19T16:29:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/they-mocked-trumps-creation-he-just-cleared-1-of-the-national-debt-with-it\/"},"modified":"2025-06-19T12:32:00","modified_gmt":"2025-06-19T16:32:00","slug":"they-mocked-trumps-creation-he-just-cleared-1-of-the-national-debt-with-it","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/they-mocked-trumps-creation-he-just-cleared-1-of-the-national-debt-with-it\/","title":{"rendered":"They Mocked Trump&#8217;s Creation &#8211; He Just Cleared 1% of the National Debt with It"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthey-mocked-trumps-creation-he-just-cleared-1-of-the-national-debt-with-it%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2449375&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses President donald trump&#8217;s initiative to introduce a &#8220;Trump Card,&#8221; a new <a href=\"https:\/\/amzn.to\/3YuVZYV\" >immigration program aimed<\/a> at <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-gilded-age-via-plastic-trump-sees-gold-cards-as-the-ticket-to-a-balanced-budget-washington-examiner\/\" title=\"New Gilded Age, via plastic? Trump sees gold ...s as the ticket to a balanced budget - Washington Examiner\">attracting wealthy individuals<\/a> to the U.S. The card, priced at $5 million, offers a pathway to legal residency and citizenship, and is projected to raise around $350 billion. Commerce Secretary Howard Lutnick highlighted significant interest, with nearly 70,000 applications received shortly after its proclamation. The card, designed to be visually appealing and luxurious, seeks to replace the existing EB-5 visa program by targeting affluent investors who can contribute to tax revenue and job creation in the U.S. <\/p>\n<p>While supporters view the program as a means to boost the economy and pay down national debt, critics, including some establishment Republicans, argue against allowing wealthy individuals to effectively &#8220;buy&#8221; citizenship. The article contrasts this initiative with previous immigration policies that allowed significant numbers of impoverished individuals to enter the country, suggesting that Trump&#8217;s plan prioritizes attracting prosperous entrepreneurs who can contribute positively to the economy.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>When President Donald Trump first broached the idea in February, it sounded like a characteristically bold and worthwhile innovation.<\/p>\n<p>Of course, establishment politicians with sclerotic minds cannot fathom such things, so they criticized it.<\/p>\n<p>Unsurprisingly, based on early returns, the president&rsquo;s idea has proven so successful that it has already raised enough money to wipe out nearly 1 percent of the U.S. national debt.<\/p>\n<p>According to the <a href=\"https:\/\/www.ft.com\/content\/468b885d-679d-4419-8d6b-2a7d708d6c6e\" target=\"_blank\" rel=\"noopener\">Financial Times<\/a>, Commerce Secretary Howard Lutnick reported on Monday that nearly 70,000 people had already applied for the Trump Card, a golden ticket to legal U.S. residency and citizenship designed to appeal to the world&rsquo;s affluent.<\/p>\n<p>At a cost of $5 million per card, that results in a total of $350 billion in revenue.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex===-1 || targetIndex <x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer=new IntersectionObserver( \t\t\t\t\t\t\t(entries)=> { \t\t\t\t\t\t\t\tentries.forEach(entry=> { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadScript(\"https:\/\/embed.sendtonews.com\/player3\/embedcode.js?fk=s28Az7AY\"); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #stnvideo and observe it \t\t\t\t\tlet paragraphToObserve=findPreviousParagraph(\"#stnvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>According to the <a href=\"https:\/\/www.usdebtclock.org\/\" target=\"_blank\" rel=\"noopener\">National Debt Clock<\/a>, the national debt will soon reach $37 trillion. Thus, the Trump Card has already raised a sum equal to nearly 1 percent of the debt.<\/p>\n<p>In true <a href=\"https:\/\/www.westernjournal.com\/promises-kept-trump-creates-largest-blue-collar-wage-growth-60-years\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a>-ian fashion, the gilded card will appeal to the eyes, as well as the Treasury.<\/p>\n<p>&ldquo;The card will be made of gold,&rdquo; Lutnick told the Times. &ldquo;It will be beautiful.&rdquo;<\/p>\n<p>&ldquo;Donald Trump appreciates these kinds of things. He cares about how it looks. He cares about how it feels. I mean, he deeply cares about that, and thinks if you&rsquo;re going to buy and make this investment in America, we should give you something that is beautiful,&rdquo; the commerce secretary added.<\/p>\n<p>Working-class Americans, of course, care less about the card&rsquo;s appearance than about the tax relief that comes with reducing <a href=\"https:\/\/www.westernjournal.com\/bidens-deficit-spending-just-4-years-accounts-astounding-percentage-overall-fed-debt\/\" target=\"_blank\" rel=\"noopener\">debt<\/a>.<\/p>\n<p>Moreover, inviting the world&rsquo;s wealthiest and most productive people to invest in U.S. residency and citizenship &mdash; for themselves and\/or for their employees &mdash; should create a number of well-paying jobs.<\/p>\n<p>Lutnick envisions the Trump Card as a replacement for the cheaper and much less robust EB-5 visa program, which Congress created in 1990 and which only 14,000 foreign investors received in 2024.<\/p>\n<p>When he announced the program in February, <a href=\"https:\/\/www.westernjournal.com\/forget-green-card-trump-launching-gold-card-immigrants-creative-solution-yet\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> had both revenue and job creation in mind.<\/p>\n<p>&ldquo;We&rsquo;re going to be putting a price on that card of about $5 million, and that&rsquo;s going to give you <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-wants-to-sell-5-million-gold-card-washington-examiner\/\" title=\"Trump wants to sell  million &#039;gold ...&#039; - Washington Examiner\">green card privileges<\/a>, plus it&rsquo;s going to be a route to citizenship,&rdquo; the president said at the time.<\/p>\n<p>He added that applicants will be &ldquo;wealthy, and they&rsquo;ll be successful, and they&rsquo;ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it&rsquo;s going to be extremely successful.&rdquo;<\/p>\n<p>Meanwhile, critics scoffed.<\/p>\n<p>For instance, former New Hampshire Gov. <a href=\"https:\/\/www.westernjournal.com\/trumps-bad-idea-just-brought-5-billion-us-one-day\/\" target=\"_blank\" rel=\"noopener\">Chris Sununu<\/a>, an establishment Republican, called the plan a &ldquo;bad idea.&rdquo;<\/p>\n<p>&ldquo;Look, I get it if you&rsquo;re getting a comfortable seat on an airline. But we&rsquo;re talking about U.S. citizenship, the most desired thing on the planet. And just letting the rich kind of cut the line. No, don&rsquo;t buy it, don&rsquo;t like it,&rdquo; Sununu said in March on the NewsNation program &ldquo;Elizabeth Vargas Reports.&rdquo;<\/p>\n<p>On the surface, of course, Sununu&rsquo;s objection sounded populist. But it wasn&rsquo;t.<\/p>\n<p>Indeed, let us consider the gargantuan differences between the establishment plan and the Trump plan.<\/p>\n<p>As we saw for four years under former President Joe Biden, the establishment plan for immigration involved flooding the U.S. southern border with <a href=\"https:\/\/www.westernjournal.com\/texas-buying-billboards-mexico-posting-shocking-question-ever-illegals\/\" target=\"_blank\" rel=\"noopener\">traffickers<\/a>, thousands of criminals, and millions of impoverished people, allowing those people into the country and forcing American workers to <a href=\"https:\/\/www.westernjournal.com\/new-jobs-report-shows-absolutely-stunning-decline-native-born-americans-opposite-foreign-born-workers\/\" target=\"_blank\" rel=\"noopener\">compete<\/a> with them, thereby depressing wages and appealing to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nancy-pelosi-throws-a-fit-live-on-cnn-over-trump-coverage-why-would-you-even-cover-that\/\" title=\"Nancy Pelosi Throws a Fit Live on CNN Over Trump Coverage: &#039;Why Would You Even Cover That?&#039;\">establishment politicians&#038;rsquo<\/a>; donors.<\/p>\n<p>The Trump plan, on the other hand, has attracted job creators whose wealth will help pay down the debt.<\/p>\n<p>In short, America still wants your tired, poor, huddled masses, too. But it does not want millions of them all at once, for that harms the tired and poor masses who already live here.<\/p>\n<p>Trump&rsquo;s plan attracts resources that will give America&rsquo;s tired and poor masses a chance. Once we have taken care of ourselves, we can talk about the rest of the world.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script> \t     \t\t\t\t\t\t     \t\t\t\t\t<\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> \t\t<\/p>\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When President Donald Trump initially proposed the idea in February, it appeared to be a bold and valuable innovation. Naturally, traditional politicians with rigid thinking struggled to understand it and voiced their criticisms. However, early results indicate that the president&#8217;s concept has been remarkably successful, generating enough funds to reduce nearly 1 percent of the U.S. national debt. According to the Financial Times, Commerce Secretary Howard Lutnick announced on Monday that almost 70,000 individuals have applied for the Trump Card-a prestigious opportunity for legal U.S. residency and citizenship aimed at wealthy individuals worldwide. Priced at $5 million per card, this initiative could yield a total revenue of $350 billion.<\/p>\n<p>The National Debt Clock indicates that the national debt is approaching $37 trillion; thus far, the Trump Card has raised an amount close to 1 percent of this debt. In true Trump fashion, this luxurious card is designed not only for financial gain but also aesthetic appeal-Lutnick stated that &#8220;the card will be made of gold&#8221; and emphasized its beauty as important to Trump&#8217;s vision.<\/p>\n<p>While working-class Americans may prioritize tax relief from reduced debt over aesthetics, attracting affluent investors for U.S. residency could lead to job creation as well. Lutnick sees the Trump Card as a superior alternative to the less effective EB-5 visa program established in 1990.<\/p>\n<p>When announcing this program in February, Trump highlighted both revenue generation and job creation goals: &#8220;We&#8217;re going to price that card at about $5 million&#8230; giving you green card privileges along with a path to citizenship.&#8221; He noted that applicants would be wealthy individuals who would contribute significantly through taxes while creating jobs.<\/p>\n<p>Critics like former New Hampshire Governor Chris Sununu dismissed it as a &#8220;bad idea,&#8221; arguing against prioritizing wealth over merit in obtaining citizenship-though his stance seemed more populist than practical upon closer examination.<\/p>\n<p>In contrast with previous immigration policies under President Biden-which allowed large numbers of impoverished migrants into America-Trump&#8217;s approach aims at attracting wealth creators who can help alleviate national debt while providing opportunities for existing citizens too. Ultimately, Trump&#8217;s plan seeks resources beneficial for all Americans before addressing broader global needs<\/p>\n","protected":false},"author":1,"featured_media":2449376,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/06\/Donald-Trump-14.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[34402,36435,4699,43698,3634],"class_list":["post-2449375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-economic-policy","tag-financial-news","tag-mockery","tag-national-debt","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/06\/Donald-Trump-14.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2449375"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449375\/revisions"}],"predecessor-version":[{"id":2449379,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449375\/revisions\/2449379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2449376"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2449375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2449375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2449375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}