President Donald Trump is the 45th president of the United States of America. He is 70 years old, a Republican and a father of three. Here are more facts about the newly elected president:
Basic Information and Family Life
Donald John Trump was born in New York, New York on June 14, 1946. His parents are Fred Trump and Mary Macleod Trump. He has been married three times and has one child for each marriage. First with Ivana (Zelnicek) Trump on 1977 to 1990, they have a daughter Ivanka, who is now 35 years old. His second marriage was with Marla (Maples) Trump on 1993 to 1999 and had one daughter, Tiffany aged 23. His last and current marriage is with Melania (Knauss) Trump and they have a son together named Barron who is now 10.
He finished a degree in finance at University of Pennsylvania, Wharton School of Finance in 1968.
Building An Empire and His Net Worth
After college, Trump helped with his father who is in real estate. He was a visionary in the real estate world and built several properties on the then not-so-lucrative neighborhoods of Queens and Brooklyn. In the 1980’s, he built properties in New York City, including Trump Tower (1983), Trump Plaza, and multiple casinos in Atlantic City, New Jersey.
Around 1990 and 1992, Trump’s casinos faced bankruptcy. Trump Hotels & Casino Resorts Inc. also filed for bankruptcy in 2004. Trump has also started his reality TV show called The Apprentice in the same year and Celebrity Apprentice four years after. In 2009, Trump Entertainment Resorts also files bankruptcy of which he owns 28% of the shares.
Despite that, Trump is still worth $3.7 Billion according to Forbes.
In 2011, the entrepreneur announced that despite rumors, he will not be running for president of the United States. However, two years later he shows interest in the position after a speech at the Conservative Political Action Conference (CPAC).
On June 16, 2015, Donald Trump announces that he will indeed run for the presidency on 2016. Among all the Republican GOP candidates, Trump emerged victor.
He also won against Hillary Clinton in the presidential elections held November 9, 2016 with 279 electoral votes and 59,611,678 people voting for him.
President Donald Trump: Positions and Policies
The newly elected President Donald Trump’s positions for the following issues are:
His priority for economics is to create more jobs for Americans.
Create a dynamic booming economy that will create 25 million new jobs over the next decade.
He also links infrastructure plans with economics.
Transform America’s crumbling infrastructure into a golden opportunity for accelerated economic growth and more rapid productivity gains with a deficit-neutral plan targeting substantial new infrastructure investments.
Trade with other countries is also focused on creating more jobs for the Americans.
Fair trade deals that create American jobs, increase American wages, and reduce America’s trade deficit.
Tax reduction for middle class and the poor is also another priority of President Donald Trump.
Reduce taxes across-the-board, especially for working and middle-income Americans who will receive a massive tax reduction.
Rebuilding defense and reforming repealing with senate to rebuild depleted resources is his plan for national defense.
Work with Congress to fully repeal the defense sequester and submit a new budget to rebuild our depleted military.
For immigration, he wants to prioritize American people. Stricter immigration will also be enforced.
Establish new immigration controls to boost wages and to ensure that open jobs are offered to American workers first.
The repealing of Obamacare is his top priority in health care.
Repeal and replace Obamacare with Health Savings Accounts (HSAs).
He also wants to work with Arab countries against ISIS.
Work with our Arab allies and friends in the Middle East in the fight against ISIS.
For education, President Donald Trump plans to “immediately” add funds to better school systems.
Immediately add an additional federal investment of $20 billion towards school choice. This will be done by reprioritizing existing federal dollars.