1 00:00:01,000 --> 00:00:04,000 ONE OF THE EARLY ISSUES THAT IS 2 00:00:04,000 --> 00:00:05,000 BEING DISCUSSED IN THE NEGOTIATIONS THAT ARE CURRENTLY 3 00:00:05,000 --> 00:00:07,000 TAKING PLACE. 4 00:00:07,000 --> 00:00:08,000 IF THERE IS NO DEAL AND WE ARE 5 00:00:08,000 --> 00:00:10,000 WORKING TO ENSURE WE GET A GOOD 6 00:00:10,000 --> 00:00:12,000 DEAL, IF THERE IS NO DEAL THEN 7 00:00:12,000 --> 00:00:13,000 OBVIOUSLY WE WILL HAVE TO HAVE 8 00:00:13,000 --> 00:00:16,000 ARRANGEMENT WITH OTHER MEMBER 9 00:00:16,000 --> 00:00:17,000 STATES ABOUT NOT JUST EU 10 00:00:17,000 --> 00:00:20,000 CITIZENS BUT ABOUT UK CITIZENS IN THOSE -- 11 00:00:20,000 --> 00:00:21,000 >> WE WILL EAT THIS RECORD A 12 00:00:21,000 --> 00:00:23,000 PRIME MINISTER'S QUESTION 13 00:00:23,000 --> 00:00:24,000 PROGRAM. 14 00:00:24,000 --> 00:00:25,000 YOU CAN WATCH IT ENTIRELY AT 15 00:00:25,000 --> 00:00:27,000 C-SPAN.ORG. 16 00:00:27,000 --> 00:00:32,000 LIFE NOW FOR PRESIDENT TRUMP. 17 00:00:33,000 --> 00:00:36,000 LIVE COVERAGE ON C-SPAN2. 18 00:00:36,000 --> 00:00:41,000 ♪ 19 00:00:43,000 --> 00:00:45,000 [APPLAUSE] 20 00:00:45,000 --> 00:00:46,000 THANK YOU VERY MUCH, LADIES AND 21 00:00:46,000 --> 00:00:49,000 GENTLEMEN. IT'S GREAT TO BE BACK IN 22 00:00:49,000 --> 00:00:50,000 PENNSYLVANIA WITH THE PROUD MEN 23 00:00:50,000 --> 00:00:54,000 AND WOMEN OF THE AMERICAN 24 00:00:54,000 --> 00:00:57,000 TRUCKING ASSOCIATIONS. 25 00:00:57,000 --> 00:01:00,000 [APPLAUSE] WE LOVE PENNSYLVANIA, AND WE 26 00:01:00,000 --> 00:01:04,000 LOVE OUR GREAT TRUCKERS. 27 00:01:04,000 --> 00:01:09,000 [APPLAUSE] I ALSO WANT TO THANK ALL OF OUR 28 00:01:09,000 --> 00:01:10,000 WONDERFUL MEMBERS OF CONGRESS 29 00:01:10,000 --> 00:01:13,000 WHO ARE HERE WITH US TODAY. 30 00:01:13,000 --> 00:01:15,000 SHOULD I READ THEIR NAMES? 31 00:01:15,000 --> 00:01:16,000 YES? 32 00:01:16,000 --> 00:01:21,000 THEN I WILL. 33 00:01:21,000 --> 00:01:22,000 REPRESENTATIVE LOU BARLETTA, 34 00:01:22,000 --> 00:01:24,000 GREAT GUY, RUNNING FOR GOVERNOR. 35 00:01:24,000 --> 00:01:28,000 HE'S RUNNING FOR THE SENATE. 36 00:01:28,000 --> 00:01:31,000 HE'S RUNNING FOR -- WHERE HE IS 37 00:01:31,000 --> 00:01:32,000 LOU? 38 00:01:32,000 --> 00:01:33,000 SORRY, I HEARD HE WAS RUNNING 39 00:01:33,000 --> 00:01:34,000 FOR GOVERNOR BUT THEN I HEARD HE 40 00:01:34,000 --> 00:01:36,000 WAS RUNNING FOR THE SENATE. 41 00:01:36,000 --> 00:01:38,000 HE'S GOING TO WIN. YOU ARE GOING TO WIN BIG. 42 00:01:38,000 --> 00:01:40,000 YOU ARE GOING TO WIN BIG, BLUE, 43 00:01:40,000 --> 00:01:41,000 GOOD LUCK. 44 00:01:41,000 --> 00:01:43,000 A FRIEND OF MY FOR A LONG TIME, 45 00:01:43,000 --> 00:01:45,000 REPRESENTATIVE MIKE KELLY. 46 00:01:45,000 --> 00:01:50,000 THANK YOU, MIKE. 47 00:01:50,000 --> 00:01:51,000 TOM MARINO GOING TO BE THE DRUG 48 00:01:51,000 --> 00:01:53,000 CZAR. HE'S GOING TO DO A GREAT JOB. 49 00:01:53,000 --> 00:01:56,000 THANK YOU, TOM. 50 00:01:56,000 --> 00:01:58,000 WILL BE AMAZING, THE DRUG CZAR. 51 00:01:58,000 --> 00:02:00,000 PATRICK MEEHAN. 52 00:02:00,000 --> 00:02:04,000 PATRICK. THANK YOU, PATRICK. 53 00:02:04,000 --> 00:02:05,000 SCOTT PERRY. 54 00:02:05,000 --> 00:02:08,000 SCOTT. 55 00:02:08,000 --> 00:02:11,000 [APPLAUSE] AND LLOYD SMUCKER. 56 00:02:11,000 --> 00:02:12,000 LLOYD, THANK YOU. 57 00:02:12,000 --> 00:02:13,000 THANK YOU, LLOYD. 58 00:02:13,000 --> 00:02:17,000 I ALSO WANT TO THANK A COUPLE OF 59 00:02:17,000 --> 00:02:18,000 VERY SPECIAL PEOPLE. 60 00:02:18,000 --> 00:02:21,000 THEY HAVE BEEN FANTASTIC IN WHAT 61 00:02:21,000 --> 00:02:22,000 THEY HAVE DONE. 62 00:02:22,000 --> 00:02:23,000 SECRETARY OF THE TREASURY, 63 00:02:23,000 --> 00:02:25,000 STEVEN MNUCHIN, WHO IS HERE 64 00:02:25,000 --> 00:02:28,000 SOMEPLACE. THERE HE IS. 65 00:02:28,000 --> 00:02:31,000 AND GARY COHN, DIRECTOR OF THE 66 00:02:31,000 --> 00:02:32,000 NATIONAL ECONOMIC COUNCIL. 67 00:02:32,000 --> 00:02:33,000 THANK YOU, GARY. 68 00:02:33,000 --> 00:02:37,000 THANK YOU. 69 00:02:37,000 --> 00:02:38,000 AND MIKE TURNER'S EYE, THE 70 00:02:38,000 --> 00:02:41,000 SPEAKER OF THE PENNSYLVANIA HOUSE OF REPRESENTATIVES, THANK 71 00:02:41,000 --> 00:02:44,000 YOU, MIKE. 72 00:02:44,000 --> 00:02:45,000 I THINK THAT'S ENOUGH, RIGHT? 73 00:02:45,000 --> 00:02:48,000 THAT'S ENOUGH. 74 00:02:48,000 --> 00:02:51,000 WE WILL START LOSING THE CROWD, 75 00:02:51,000 --> 00:02:52,000 MIKE. 76 00:02:52,000 --> 00:02:53,000 BEFORE WE GET I WANT TO TAKE A 77 00:02:53,000 --> 00:02:54,000 MOMENT TO ADDRESS SOME OF THE 78 00:02:54,000 --> 00:02:56,000 RECENT TRAGEDIES THAT A STRUCK 79 00:02:56,000 --> 00:02:58,000 OUT INCREDIBLE NATION. 80 00:02:58,000 --> 00:03:02,000 IN THE DARKEST MOMENTS, THE 81 00:03:02,000 --> 00:03:06,000 LIGHT OF OUR PEOPLE HAS SHOWN 82 00:03:06,000 --> 00:03:09,000 THROUGH LIKE SELDOM BEFORE. 83 00:03:09,000 --> 00:03:10,000 THEIR GOODNESS, , THEIR COURAGE 84 00:03:10,000 --> 00:03:14,000 AND THEIR LOVE. NO DESTRUCTIVE FORCE ON EARTH IS 85 00:03:14,000 --> 00:03:15,000 MORE POWERFUL THAN THE STRENGTH 86 00:03:15,000 --> 00:03:17,000 AND RESILIENCE OF THE AMERICAN 87 00:03:17,000 --> 00:03:19,000 PEOPLE. 88 00:03:19,000 --> 00:03:23,000 [APPLAUSE] 89 00:03:23,000 --> 00:03:24,000 WE ARE PRAYING FOR ALL OF THE 90 00:03:24,000 --> 00:03:25,000 FAMILIES AFFECTED BY THE 91 00:03:25,000 --> 00:03:27,000 HORRIFIC MASS SHOOTING THAT TOOK 92 00:03:27,000 --> 00:03:30,000 PLACE IN LAS VEGAS. 93 00:03:30,000 --> 00:03:33,000 WE GRIEVE WITH YOU, AND WE WILL 94 00:03:33,000 --> 00:03:35,000 NEVER LEAVE YOUR SIDE. 95 00:03:35,000 --> 00:03:37,000 OUR HEARTS ARE ALSO WITH THE 96 00:03:37,000 --> 00:03:40,000 VICTIMS OF THE WILDFIRES IN 97 00:03:40,000 --> 00:03:43,000 CALIFORNIA'S NAPA AND SONOMA 98 00:03:43,000 --> 00:03:46,000 VALLEYS. 99 00:03:46,000 --> 00:03:49,000 AND THEY ARE WILD AND DANGEROUS 100 00:03:49,000 --> 00:03:50,000 FIRES, AND WE HAVE FEMA OUT 101 00:03:50,000 --> 00:03:51,000 THERE RIGHT NOW ALONG WITH A LOT 102 00:03:51,000 --> 00:03:53,000 OF FIRST RESPONDERS DOING AN 103 00:03:53,000 --> 00:03:56,000 INCREDIBLE JOB WITH EVERYBODY 104 00:03:56,000 --> 00:03:57,000 ELSE, AND THEY REALLY HAVE DONE 105 00:03:57,000 --> 00:04:00,000 A VERY INCREDIBLE AND IT IS A 106 00:04:00,000 --> 00:04:01,000 VERY DANGEROUS, MY FEMA PEOPLE 107 00:04:01,000 --> 00:04:05,000 ARE INCREDIBLE, INCREDIBLE. 108 00:04:05,000 --> 00:04:08,000 [APPLAUSE] 109 00:04:08,000 --> 00:04:11,000 WE HAVE ISSUED A DISASTER 110 00:04:11,000 --> 00:04:12,000 DECLARATION AND ARE WORKING 111 00:04:12,000 --> 00:04:16,000 CLOSELY WITH STATE GOVERNMENT, 112 00:04:16,000 --> 00:04:18,000 THE RECOVERY EFFORT IS FULLY UNDERWAY FOR THOSE IMPACTED BY 113 00:04:18,000 --> 00:04:21,000 THE RECENT CATASTROPHIC 114 00:04:21,000 --> 00:04:22,000 HURRICANES. 115 00:04:22,000 --> 00:04:24,000 THROUGH THESE DIFFICULT TIMES WE 116 00:04:24,000 --> 00:04:25,000 HAVE WITNESSED THE UNBREAKABLE 117 00:04:25,000 --> 00:04:27,000 SPIRIT OF OUR NATION. 118 00:04:27,000 --> 00:04:29,000 TOGETHER, WE WILL RESTORE, 119 00:04:29,000 --> 00:04:31,000 REVEALED, AND RETURN STRONGER 120 00:04:31,000 --> 00:04:32,000 THAN EVER BEFORE. 121 00:04:32,000 --> 00:04:35,000 THAT'S WHAT'S HAPPENING. 122 00:04:35,000 --> 00:04:39,000 [APPLAUSE] 123 00:04:39,000 --> 00:04:40,000 WE ARE HERE TODAY TO DISCUSS OUR 124 00:04:40,000 --> 00:04:44,000 VISION FOR AMERICA'S ECONOMIC 125 00:04:44,000 --> 00:04:46,000 REVIVAL, WHICH HAS ALREADY 126 00:04:46,000 --> 00:04:49,000 STARTED TO GET STARTED ON 127 00:04:49,000 --> 00:04:50,000 NOVEMBER 8. 128 00:04:50,000 --> 00:04:51,000 [APPLAUSE] 129 00:04:51,000 --> 00:04:54,000 WE WANT LOWER TAXES, BIGGER 130 00:04:54,000 --> 00:04:56,000 PAYCHECKS, AND MORE JOBS FOR 131 00:04:56,000 --> 00:05:01,000 AMERICAN TRUCKERS, AND FOR 132 00:05:01,000 --> 00:05:04,000 AMERICAN WORKERS. 133 00:05:04,000 --> 00:05:07,000 [APPLAUSE] 134 00:05:07,000 --> 00:05:08,000 NOTHING GETS DONE IN AMERICA 135 00:05:08,000 --> 00:05:12,000 WITHOUT THE HARD-WORKING MEN AND 136 00:05:12,000 --> 00:05:14,000 WOMEN OF THE TRUCKING INDUSTRY. 137 00:05:14,000 --> 00:05:15,000 DO WE AGREE WITH THAT? DO WE AGREE? 138 00:05:15,000 --> 00:05:17,000 THANK YOU SO MUCH. 139 00:05:17,000 --> 00:05:18,000 THE JOB YOU DO. 140 00:05:18,000 --> 00:05:21,000 WHEN YOUR TRUCKS ARE MOVING, 141 00:05:21,000 --> 00:05:24,000 AMERICA IS GROWING. 142 00:05:24,000 --> 00:05:27,000 DO YOU AGREE? 143 00:05:27,000 --> 00:05:31,000 [APPLAUSE] 144 00:05:31,000 --> 00:05:34,000 THAT IS WHY MY ADMINISTRATION 145 00:05:34,000 --> 00:05:35,000 HAS TAKEN THE STEPS TO REMOVE 146 00:05:35,000 --> 00:05:38,000 THE BARRIERS THAT HAVE SLOWED 147 00:05:38,000 --> 00:05:41,000 YOU DOWN. AMERICA FIRST IS PUTTING 148 00:05:41,000 --> 00:05:45,000 AMERICAN TRUCKERS FIRST. 149 00:05:45,000 --> 00:05:47,000 [APPLAUSE] 150 00:05:47,000 --> 00:05:50,000 SINCE JANUARY OF THIS YEAR WE 151 00:05:50,000 --> 00:05:53,000 HAVE SLASHED JOB KILLING RED 152 00:05:53,000 --> 00:05:54,000 TAPE ALL ACROSS OUR ECONOMY. 153 00:05:54,000 --> 00:05:56,000 WE STOPPED OR ELIMINATED MORE 154 00:05:56,000 --> 00:05:59,000 REGULATIONS IN THE LAST EIGHT 155 00:05:59,000 --> 00:06:02,000 MONTHS THAN ANY PRESIDENT HAS 156 00:06:02,000 --> 00:06:05,000 DONE DURING AN ENTIRE TERM. 157 00:06:05,000 --> 00:06:06,000 [APPLAUSE] 158 00:06:06,000 --> 00:06:11,000 NOT EVEN CLOSE. 159 00:06:12,000 --> 00:06:13,000 THAT INCLUDES ELIMINATING THE 160 00:06:13,000 --> 00:06:14,000 REGULATIONS THAT DRIVE UP THE 161 00:06:14,000 --> 00:06:16,000 COST OF ENERGY HERE WE WANT LOW 162 00:06:16,000 --> 00:06:18,000 COST FUEL FOR OUR TRUCKERS AND 163 00:06:18,000 --> 00:06:23,000 FOR OUR FAMILIES ALL ACROSS THIS 164 00:06:23,000 --> 00:06:26,000 COUNTRY. AND WE ARE JUST GETTING STARTED, 165 00:06:26,000 --> 00:06:29,000 BELIEVE ME. JUST GETTING STARTED. 166 00:06:29,000 --> 00:06:31,000 [APPLAUSE] 167 00:06:31,000 --> 00:06:33,000 I'VE ORDERED EVERY AGENCY ACROSS 168 00:06:33,000 --> 00:06:36,000 FEDERAL GOVERNMENT TO REVIEW AND 169 00:06:36,000 --> 00:06:39,000 THEN REMOVE THE REGULATIONS THAT DESTROY YOUR JOBS, HAMSTRING OR 170 00:06:39,000 --> 00:06:42,000 COMPANIES, AND UNDERMINE YOUR 171 00:06:42,000 --> 00:06:44,000 ABILITY TO COMPETE. MY ADMINISTRATION IS ALSO 172 00:06:44,000 --> 00:06:47,000 COMMITTED TO PASSING A HISTORIC 173 00:06:47,000 --> 00:06:49,000 INFRASTRUCTURE PACKAGE THAT WILL 174 00:06:49,000 --> 00:06:51,000 GENERATE $1 BILLION TO REBUILD 175 00:06:51,000 --> 00:06:54,000 AMERICA'S CRUMBLING 176 00:06:54,000 --> 00:06:56,000 INFRASTRUCTURE, WITH A SPECIAL 177 00:06:56,000 --> 00:07:00,000 FOCUS ON ROADWAYS AND HIGHWAYS. 178 00:07:00,000 --> 00:07:05,000 [APPLAUSE] 179 00:07:05,000 --> 00:07:08,000 IT IS TIME TO TAKE CARE OF OUR 180 00:07:08,000 --> 00:07:09,000 COUNTRY, TO REBUILD OUR 181 00:07:09,000 --> 00:07:11,000 COMMUNITIES, AND TO PROTECT OUR 182 00:07:11,000 --> 00:07:13,000 GREAT AMERICAN WORKERS. 183 00:07:13,000 --> 00:07:16,000 IT'S ABOUT TIME. 184 00:07:16,000 --> 00:07:18,000 [APPLAUSE] 185 00:07:18,000 --> 00:07:22,000 AND ALREADY WE ARE SEEING THE 186 00:07:22,000 --> 00:07:24,000 INCREDIBLE RESULTS, RESULTS THAT 187 00:07:24,000 --> 00:07:28,000 IN MANY CASES THE MEDIA HATES TO 188 00:07:28,000 --> 00:07:29,000 REPORT, BUT I'LL REPORT THEM 189 00:07:29,000 --> 00:07:32,000 TONIGHT FOR THEM. 190 00:07:32,000 --> 00:07:36,000 UNEMPLOYMENT IS AT A 16 YEAR 191 00:07:36,000 --> 00:07:38,000 LOW. 192 00:07:38,000 --> 00:07:42,000 [APPLAUSE] 193 00:07:42,000 --> 00:07:43,000 WAGES ARE RISING, AND YOU KNOW 194 00:07:43,000 --> 00:07:46,000 YOU HAVE HEARD THAT IN A LONG 195 00:07:46,000 --> 00:07:49,000 TIME. 196 00:07:49,000 --> 00:07:52,000 THE STOCK MARKET IS SOARING TO 197 00:07:52,000 --> 00:07:55,000 RECORD LEVELS, BOOSTING PENSIONS AND RETIREMENT ACCOUNTS FOR 198 00:07:55,000 --> 00:07:56,000 HARD-WORKING AMERICANS. 199 00:07:56,000 --> 00:07:58,000 THEIR VALUES ARE GOING UP EVERY 200 00:07:58,000 --> 00:08:02,000 SINGLE DAY. 201 00:08:02,000 --> 00:08:03,000 [APPLAUSE] 202 00:08:03,000 --> 00:08:05,000 AND VERY PROBABLY JUST IN THE 203 00:08:05,000 --> 00:08:08,000 STOCK MARKET ALONE WE'VE 204 00:08:08,000 --> 00:08:13,000 INCREASED OUR ECONOMIC WORTH BY 205 00:08:15,000 --> 00:08:17,000 $5.2 TRILLION. THAT'S RIGHT, SINCE ELECTION 206 00:08:17,000 --> 00:08:19,000 DAY, I $.2 TRILLION. 207 00:08:19,000 --> 00:08:24,000 THINK ABOUT THAT. 208 00:08:24,000 --> 00:08:26,000 THAT'S A QUARTER OF THE $20 209 00:08:26,000 --> 00:08:27,000 TRILLION THAT WE OWE. SO WE'VE ALREADY, BUT LISTEN TO 210 00:08:27,000 --> 00:08:30,000 THIS. 211 00:08:30,000 --> 00:08:32,000 BECAUSE WE'VE DOUBLED IN THE 212 00:08:32,000 --> 00:08:33,000 LAST EIGHT YEARS OF THE PREVIOUS 213 00:08:33,000 --> 00:08:36,000 ADMINISTRATION THE DEBT DOUBLED. 214 00:08:36,000 --> 00:08:39,000 SO THAT IN EIGHT YEARS OUR DEBT 215 00:08:39,000 --> 00:08:42,000 LITERALLY HUNDREDS OF YEARS OF 216 00:08:42,000 --> 00:08:46,000 DEBT DOUBLED IN EIGHT YEARS TO 217 00:08:46,000 --> 00:08:47,000 $20 TRILLION. 218 00:08:47,000 --> 00:08:48,000 BUT SINCE THE ELECTION ON 219 00:08:48,000 --> 00:08:49,000 NOVEMBER 8, I'VE INCREASED THE 220 00:08:49,000 --> 00:08:54,000 VALUE OF YOUR U.S. ASSETS BY 221 00:08:54,000 --> 00:08:56,000 MORE THAN A $20 A $20 TRILLIONE 222 00:08:56,000 --> 00:08:57,000 CURRENTLY OWE. 223 00:08:57,000 --> 00:09:00,000 YOU HAVEN'T HEARD THOSE NUMBERS. 224 00:09:00,000 --> 00:09:01,000 [APPLAUSE] 225 00:09:01,000 --> 00:09:04,000 GDP GROWTH REACHED MORE THAN 226 00:09:04,000 --> 00:09:08,000 3.1% LAST QUARTER, WAY AHEAD OF 227 00:09:08,000 --> 00:09:10,000 SCHEDULE. WE WERE NOT SUPPOSED TO HIT THAT 228 00:09:10,000 --> 00:09:11,000 NUMBER FOR A LONG TIME. 229 00:09:11,000 --> 00:09:15,000 NOT FOR A LONG TIME. 230 00:09:15,000 --> 00:09:16,000 AND I WILL TELL YOU, , I THINK 231 00:09:16,000 --> 00:09:17,000 THIS QUARTER WOULD'VE EVEN BEEN 232 00:09:17,000 --> 00:09:19,000 BETTER BUT WE DID KEEP HIT WITH 233 00:09:19,000 --> 00:09:22,000 SOME VERY, VERY POWERFUL 234 00:09:22,000 --> 00:09:24,000 HURRICANES. BUT IT IS STILL GOING TO BE VERY 235 00:09:24,000 --> 00:09:26,000 GOOD. MANUFACTURING CONFIDENCE IS AT 236 00:09:26,000 --> 00:09:28,000 AN ALL-TIME HIGH, WHICH IS GREAT 237 00:09:28,000 --> 00:09:30,000 NEWS FOR THOSE WHO SHIP PRODUCTS 238 00:09:30,000 --> 00:09:32,000 TO THE MARKETPLACE. 239 00:09:32,000 --> 00:09:36,000 THE CONFIDENCE IN OUR COUNTRY IS 240 00:09:36,000 --> 00:09:38,000 BACK LIKE IT HASN'T BEEN IN 241 00:09:38,000 --> 00:09:41,000 MANY, MANY YEARS. 242 00:09:41,000 --> 00:09:45,000 [APPLAUSE] THE FACT IS AMERICA IS FINALLY 243 00:09:45,000 --> 00:09:48,000 BACK ON THE RIGHT TRACK, BUT OUR 244 00:09:48,000 --> 00:09:50,000 COUNTRY AND OUR ECONOMY CANNOT 245 00:09:50,000 --> 00:09:52,000 TAKE OFF LIKE THEY SHOULD IN 246 00:09:52,000 --> 00:09:57,000 LESS WE TRANSFORM AMERICA'S 247 00:09:57,000 --> 00:09:59,000 OUTDATED, COMPLEX, AND EXTREMELY 248 00:09:59,000 --> 00:10:03,000 BURDENSOME TAX CODE. 249 00:10:03,000 --> 00:10:07,000 [APPLAUSE] 250 00:10:07,000 --> 00:10:10,000 AND THAT'S WHAT I'M HERE WITH 251 00:10:10,000 --> 00:10:13,000 YOU RIGHT NOW TONIGHT, THANK 252 00:10:13,000 --> 00:10:14,000 YOU. WE WE'RE GOING TO FIGHT AND WE'E 253 00:10:14,000 --> 00:10:17,000 GOING TO GET THOSE REPUBLICANS 254 00:10:17,000 --> 00:10:18,000 AND MAYBE A FEW OF THOSE 255 00:10:18,000 --> 00:10:20,000 DEMOCRATS TO RAISE THEIR HANDS 256 00:10:20,000 --> 00:10:22,000 AND WILL HAVE SO MUCH MONEY TO 257 00:10:22,000 --> 00:10:25,000 SPEND IN THIS WONDERFUL COUNTRY. 258 00:10:25,000 --> 00:10:26,000 AND THIS GREAT ECONOMY. 259 00:10:26,000 --> 00:10:31,000 THAT IS WHY WE PROPOSE TAX CUTS 260 00:10:33,000 --> 00:10:34,000 THAT ARE PRO-GROWTH, PRO-JOBS, 261 00:10:34,000 --> 00:10:36,000 PRO-WORKER, PROFAMILY AND 262 00:10:36,000 --> 00:10:39,000 PRO-AMERICAN. 263 00:10:39,000 --> 00:10:43,000 [APPLAUSE] 264 00:10:43,000 --> 00:10:45,000 WE NEED A TAX SYSTEM THAT IS 265 00:10:45,000 --> 00:10:48,000 FAIR TO WORKING FAMILIES, AND 266 00:10:48,000 --> 00:10:50,000 THAT ENCOURAGES COMPANIES TO 267 00:10:50,000 --> 00:10:52,000 STAY IN AMERICA, GROW IN 268 00:10:52,000 --> 00:10:55,000 AMERICA, SPEND IN AMERICA, AND 269 00:10:55,000 --> 00:10:58,000 HIGHER IN AMERICA. 270 00:10:58,000 --> 00:11:03,000 [APPLAUSE] 271 00:11:03,000 --> 00:11:04,000 THROUGHOUT THE YEAR YEARS MY 272 00:11:04,000 --> 00:11:05,000 ADMINISTRATION HAS WORKED 273 00:11:05,000 --> 00:11:06,000 CLOSELY WITH CONGRESS TO DEVELOP 274 00:11:06,000 --> 00:11:09,000 A FRAMEWORK FOR TAX REFORM THAT 275 00:11:09,000 --> 00:11:13,000 WILL DELIVER EXACTLY THAT, MORE 276 00:11:13,000 --> 00:11:15,000 JOBS, HIGHER PAY AND LOWER TAXES 277 00:11:15,000 --> 00:11:17,000 FOR MIDDLE INCOME FAMILIES AND 278 00:11:17,000 --> 00:11:20,000 FOR AMERICAN BUSINESSES OF ALL 279 00:11:20,000 --> 00:11:23,000 SIZE. 280 00:11:23,000 --> 00:11:25,000 [APPLAUSE] 281 00:11:25,000 --> 00:11:30,000 OUR TAX REFORM FRAMEWORK WILL 282 00:11:30,000 --> 00:11:31,000 ACHIEVE OUR FOUR CORE 283 00:11:31,000 --> 00:11:36,000 PRINCIPLES. FIRST, WE WILL CUT TAXES FOR 284 00:11:36,000 --> 00:11:39,000 EVERY DAY, HARD-WORKING 285 00:11:39,000 --> 00:11:44,000 AMERICANS. [APPLAUSE] UNDER OUR FRAMEWORK THE FIRST 286 00:11:44,000 --> 00:11:46,000 $12,000 FOR A SINGLE INDIVIDUAL, 287 00:11:46,000 --> 00:11:49,000 AND THE FIRST $24,000 FOR A 288 00:11:49,000 --> 00:11:52,000 MARRIED COUPLE WILL BE TAX-FREE. 289 00:11:52,000 --> 00:11:56,000 NO TAX AT ALL. 290 00:11:56,000 --> 00:12:00,000 [APPLAUSE] AND REMEMBER, YOU WILL DO YOUR 291 00:12:00,000 --> 00:12:04,000 TAX ON A SINGLE PIECE OF PAPER. 292 00:12:04,000 --> 00:12:07,000 [APPLAUSE] 293 00:12:07,000 --> 00:12:08,000 H&R BLOCK WILL NOT LIKE DONALD 294 00:12:08,000 --> 00:12:09,000 TRUMP VERY MUCH. 295 00:12:09,000 --> 00:12:11,000 THAT'S ONE COMPANY I WILL TELL 296 00:12:11,000 --> 00:12:12,000 YOU. 297 00:12:12,000 --> 00:12:13,000 THEY WILL NOT LIKE ME AT ALL, 298 00:12:13,000 --> 00:12:15,000 AND THAT'S OKAY. 299 00:12:15,000 --> 00:12:16,000 WE ARE NEARLY DOUBLING THE 300 00:12:16,000 --> 00:12:20,000 AMOUNT OF INCOME THAT IS BASED 301 00:12:20,000 --> 00:12:23,000 AT THE ZERO BRACKET. 302 00:12:23,000 --> 00:12:26,000 IN OTHER WORDS, AS THE DEMOCRATS 303 00:12:26,000 --> 00:12:28,000 SAY, AND DO THEY SAY UNTRUTHS, 304 00:12:28,000 --> 00:12:30,000 YOU LOOK AT WHAT'S HAPPENED. 305 00:12:30,000 --> 00:12:32,000 THEY ARE NOT TELLING YOU THE 306 00:12:32,000 --> 00:12:33,000 TRUTH. 307 00:12:33,000 --> 00:12:37,000 BECAUSE THEY PRETEND THERE ISN'T 308 00:12:37,000 --> 00:12:40,000 A ZERO RATE, AND THERE IS, AND 309 00:12:40,000 --> 00:12:41,000 ITS EXPANDING VERY SUBSTANTIALLY 310 00:12:41,000 --> 00:12:43,000 UNDER MY PLAN, THEY DON'T SHOW 311 00:12:43,000 --> 00:12:46,000 THE ZERO RATE SO THEY GO, OH, 312 00:12:46,000 --> 00:12:51,000 18% TO 12% AGAINST 15. 313 00:12:51,000 --> 00:12:52,000 BUT IT'S NOT. 314 00:12:52,000 --> 00:12:55,000 IT'S 12% AGAINST ZERO. 315 00:12:55,000 --> 00:12:57,000 YOU TAKE A LOOK AT THE 316 00:12:57,000 --> 00:12:58,000 CATEGORIES. 317 00:12:58,000 --> 00:12:59,000 SO WE'RE BRINGING IT DOWN. 318 00:12:59,000 --> 00:13:02,000 REMEMBER, FROM EIGHT BRACKETS TO 319 00:13:02,000 --> 00:13:05,000 FOUR. BUT THEY ARE FORGETTING TO USE 320 00:13:05,000 --> 00:13:07,000 THE ZERO BRACKET, WHICH JULIE IS 321 00:13:07,000 --> 00:13:10,000 DECEPTIVE. DO WE AGREE WITH THAT? 322 00:13:10,000 --> 00:13:12,000 TRULY VERY DECEPTIVE. 323 00:13:12,000 --> 00:13:16,000 UNDER A FRAMEWORK WE MAKE THE 324 00:13:16,000 --> 00:13:18,000 ZERO BRACKET BIGGER AND GET RID 325 00:13:18,000 --> 00:13:21,000 OF THE 10% BRACKET, AND WE'RE 326 00:13:21,000 --> 00:13:24,000 REDUCING THE 15% RATE DOWN TO 327 00:13:24,000 --> 00:13:26,000 12%. 328 00:13:26,000 --> 00:13:27,000 SO THAT'S A MASSIVE AMOUNT OF 329 00:13:27,000 --> 00:13:29,000 MONEY. 330 00:13:29,000 --> 00:13:30,000 [APPLAUSE] 331 00:13:30,000 --> 00:13:33,000 SO THE RATES ARE COMING DOWN TO 332 00:13:33,000 --> 00:13:38,000 ZERO, 12%, 25%, AND 35%. 333 00:13:40,000 --> 00:13:41,000 ALL BIG BENEFICIARIES FROM WHAT YOU HAVE NOW. 334 00:13:41,000 --> 00:13:45,000 BIG BENEFICIARIES FROM WHAT 335 00:13:45,000 --> 00:13:47,000 THERE IS LIKE YOU HAVEN'T SEEN 336 00:13:47,000 --> 00:13:52,000 BEFORE. JOINING US TODAY IS SUZY, A 337 00:13:52,000 --> 00:13:54,000 RETIREE WHO RECENTLY MOVED TO 338 00:13:54,000 --> 00:13:56,000 PENNSYLVANIA FROM QUEENS NEW 339 00:13:56,000 --> 00:13:57,000 YORK. 340 00:13:57,000 --> 00:13:59,000 WELL, I LIKE BOTH PLACES. 341 00:13:59,000 --> 00:14:02,000 I LIKE PENNSYLVANIA. I GREW UP IN QUEENS. 342 00:14:02,000 --> 00:14:03,000 WENT TO SCHOOL IN PENNSYLVANIA. 343 00:14:03,000 --> 00:14:08,000 LIKE THEM BOTH. WHERE IS SUZY? 344 00:14:08,000 --> 00:14:10,000 HI, SUZY. HOW ARE YOU DOING? 345 00:14:10,000 --> 00:14:12,000 YOU GOING TO BE HAPPY WITH THIS, 346 00:14:12,000 --> 00:14:13,000 RIGHT? BECAUSE YOU KNOW WHAT I'M GOING 347 00:14:13,000 --> 00:14:14,000 TO SAY. 348 00:14:14,000 --> 00:14:16,000 THANKS, SUZY. 349 00:14:16,000 --> 00:14:17,000 AND SUZY SAYS HIGH TAXES ARE 350 00:14:17,000 --> 00:14:21,000 FORCING SENIORS LIKE HER TO MAKE 351 00:14:21,000 --> 00:14:24,000 PAINFUL CUTS AND CUTBACKS DURING 352 00:14:24,000 --> 00:14:26,000 THE GOLDEN YEARS OF THEIR LIVES. 353 00:14:26,000 --> 00:14:27,000 TEST USE OF THEIR LIVES. 354 00:14:27,000 --> 00:14:31,000 SHE HOPES CONGRESS WILL PASS OUR 355 00:14:31,000 --> 00:14:32,000 FRAMEWORK SO WE CAN HELP MORE 356 00:14:32,000 --> 00:14:34,000 AMERICAN SENIORS MAKE ENDS MEET 357 00:14:34,000 --> 00:14:35,000 ON A FIXED INCOME. 358 00:14:35,000 --> 00:14:40,000 WE MUST HONOR AND RESPECT -- 359 00:14:41,000 --> 00:14:43,000 [APPLAUSE] 360 00:14:43,000 --> 00:14:45,000 THE PEOPLE WHOSE DECADES OF HARD 361 00:14:45,000 --> 00:14:48,000 WORK HELPED TO BUILD OUR COUNTRY 362 00:14:48,000 --> 00:14:50,000 AND TO MAKE OUR COUNTRY GREAT, 363 00:14:50,000 --> 00:14:53,000 BUT WE'RE GOING TO MAKE OUR 364 00:14:53,000 --> 00:14:54,000 COUNTRY GREATER THAN IT'S EVER 365 00:14:54,000 --> 00:14:55,000 BEEN BEFORE. 366 00:14:55,000 --> 00:14:58,000 THAT'S WHAT'S HAPPENING. 367 00:14:58,000 --> 00:15:03,000 [APPLAUSE] 368 00:15:03,000 --> 00:15:04,000 OUR FRAMEWORK ALSO PROVIDES 369 00:15:04,000 --> 00:15:09,000 RELIEF TO THOSE WHO CARE FOR AN 370 00:15:09,000 --> 00:15:12,000 ADULT DEPENDENT OR ELDERLY LOVED 371 00:15:12,000 --> 00:15:16,000 ONE THROUGH A $500 TAX CREDIT. 372 00:15:16,000 --> 00:15:18,000 SO IMPORT, SO WE PEOPLE HAVE 373 00:15:18,000 --> 00:15:20,000 WANTED IT, AND WE WILL 374 00:15:20,000 --> 00:15:22,000 SUBSTANTIALLY INCREASE THE CHILD 375 00:15:22,000 --> 00:15:25,000 TAX CREDIT TO SAVE WORKING 376 00:15:25,000 --> 00:15:28,000 FAMILIES EVEN MORE MONEY. 377 00:15:28,000 --> 00:15:33,000 [APPLAUSE] 378 00:15:33,000 --> 00:15:34,000 THE SINGLE MOST IMPORTANT 379 00:15:34,000 --> 00:15:35,000 INVESTMENT OUR COUNTRY CAN MAKE 380 00:15:35,000 --> 00:15:37,000 IS IN OUR CHILDREN. 381 00:15:37,000 --> 00:15:39,000 THE STRENGTH OF OUR NATION IS 382 00:15:39,000 --> 00:15:40,000 DETERMINED BY THE STRENGTH OF 383 00:15:40,000 --> 00:15:41,000 OUR FAMILIES, AND WE'RE 384 00:15:41,000 --> 00:15:44,000 COMMITTED TO HELPING PARENTS 385 00:15:44,000 --> 00:15:46,000 MAKE STARTING AND RAISING A 386 00:15:46,000 --> 00:15:51,000 FAMILY MORE AFFORDABLE. 387 00:16:40,000 --> 00:16:44,000 THE BENEFIT PERFORM GO TO THE 388 00:16:44,000 --> 00:16:45,000 MIDDLE CLASS, NOT TO THE 389 00:16:45,000 --> 00:16:47,000 HIGHEST EARNERS. 390 00:16:47,000 --> 00:16:52,000 IT IS A MIDDLE-CLASS BILL. 391 00:16:53,000 --> 00:16:54,000 THAT'S WHAT WERE THINKING OF, 392 00:16:54,000 --> 00:16:55,000 THAT'S WHAT I WANT. 393 00:16:55,000 --> 00:16:56,000 I'VE HAD RICH FRIENDS COME UP 394 00:16:56,000 --> 00:16:58,000 TO ME AND SAY YOU ARE DOING 395 00:16:58,000 --> 00:16:59,000 THIS TAX PLAN, WE DON'T WANT 396 00:16:59,000 --> 00:17:02,000 ANYTHING, WE DON'T. 397 00:17:02,000 --> 00:17:03,000 THEY GAIN WHEN THE ECONOMY 398 00:17:03,000 --> 00:17:06,000 GAINS, THEY GAIN WHEN THINGS 399 00:17:06,000 --> 00:17:10,000 GET BETTER, THEY GAIN IN LOTS 400 00:17:10,000 --> 00:17:11,000 OF WAYS BUT SO MANY PEOPLE 401 00:17:11,000 --> 00:17:13,000 HAVE COME UP TO ME AND SAID 402 00:17:13,000 --> 00:17:14,000 GIVE IT TO THE MIDDLE CLASS. 403 00:17:14,000 --> 00:17:15,000 GIVE WANT TO SPEND IT. 404 00:17:15,000 --> 00:17:20,000 YOU WOULD BE SURPRISED. 405 00:17:20,000 --> 00:17:21,000 THE OWNER OF THE NEW ENGLAND 406 00:17:21,000 --> 00:17:25,000 PATRIOTS DOES A GREAT JOB, HE 407 00:17:25,000 --> 00:17:26,000 WAS AT THE WHITE HOUSE. 408 00:17:26,000 --> 00:17:29,000 HE GAVE ME A SUPER BOWL RING. 409 00:17:29,000 --> 00:17:32,000 I WAS VERY HONORED. 410 00:17:32,000 --> 00:17:35,000 AS HE WAS LEAVING THE WHITE 411 00:17:35,000 --> 00:17:36,000 HOUSE, HE SAID I KNOW YOU'RE 412 00:17:36,000 --> 00:17:41,000 VERY SOON GOING TO BE DOING 413 00:17:41,000 --> 00:17:44,000 TAX REFORM AND TAX CUTS, GO TO 414 00:17:44,000 --> 00:17:49,000 MIDDLE-CLASS. 415 00:17:49,000 --> 00:17:52,000 YOU WILL SEE HOW GOOD THIS 416 00:17:52,000 --> 00:17:57,000 IS. 417 00:18:01,000 --> 00:18:02,000 OUR FRAMEWORK IS TO MAKE THE 418 00:18:02,000 --> 00:18:03,000 TAX CODE MORE SIMPLE, FAIR, 419 00:18:03,000 --> 00:18:04,000 AND EASY TO UNDERSTAND. 420 00:18:04,000 --> 00:18:06,000 AMERICAN FAMILIES AND 421 00:18:06,000 --> 00:18:08,000 BUSINESSES WASTE BILLIONS OF 422 00:18:08,000 --> 00:18:12,000 HOURS AND TENS OF BILLIONS OF 423 00:18:12,000 --> 00:18:13,000 DOLLARS ON EXCRUCIATING 424 00:18:13,000 --> 00:18:14,000 PAPERWORK. 425 00:18:14,000 --> 00:18:17,000 YOU SEE THAT. IT'S ALL OVER THE PLACE AND 426 00:18:17,000 --> 00:18:19,000 YOU HAVE NO IDEA WHAT YOU'RE 427 00:18:19,000 --> 00:18:21,000 DOING ANYWAY. 428 00:18:21,000 --> 00:18:24,000 MASSIVE COMPLIANCE EVERY 429 00:18:24,000 --> 00:18:25,000 SINGLE YEAR. 430 00:18:25,000 --> 00:18:29,000 UNDER OUR FRAMEWORK MANY 431 00:18:29,000 --> 00:18:32,000 FAMILIES WILL BE ABLE TO FILE 432 00:18:32,000 --> 00:18:34,000 THEIR TAXES ON THAT SAME 433 00:18:34,000 --> 00:18:36,000 SINGLE SHEET OF PAPER THAT I 434 00:18:36,000 --> 00:18:41,000 AM SO'S PROUD OF TALKING ABOUT. 435 00:18:42,000 --> 00:18:47,000 AS PART OF THE EFFORT TO MAKE 436 00:18:49,000 --> 00:18:51,000 OUR SYSTEM SIMPLE AND FAIR, WE 437 00:18:51,000 --> 00:18:52,000 WILL PROTECT THOUSANDS OF 438 00:18:52,000 --> 00:18:53,000 FAMILY BUSINESSES BY ENDING 439 00:18:53,000 --> 00:18:54,000 THE CRUSHING, HORRIBLE AND 440 00:18:54,000 --> 00:18:59,000 UNFAIR ESTATE TAX KNOWN AS THE 441 00:19:01,000 --> 00:19:06,000 DEATH TAX. 442 00:19:07,000 --> 00:19:09,000 THAT IS A TAX THAT HAS 443 00:19:09,000 --> 00:19:11,000 DESTROYED SO MANY BUSINESSES 444 00:19:11,000 --> 00:19:13,000 AND KEPT THEM OUT OF YOUR 445 00:19:13,000 --> 00:19:15,000 FAMILY, YOUR CHILDREN, IT'S 446 00:19:15,000 --> 00:19:19,000 VERY SAD. 447 00:19:19,000 --> 00:19:21,000 WE ARE WORKING TO AND THE 448 00:19:21,000 --> 00:19:25,000 ESTATE TAX. 449 00:19:25,000 --> 00:19:29,000 [APPLAUSE] IN THE CROWD WE HAVE CALVIN 450 00:19:29,000 --> 00:19:32,000 AND HIS SON STEVE. 451 00:19:32,000 --> 00:19:34,000 WHERE'S CALVIN. 452 00:19:34,000 --> 00:19:36,000 [APPLAUSE] 453 00:19:36,000 --> 00:19:41,000 GOOD-LOOKING FAMILY. 454 00:19:41,000 --> 00:19:45,000 YOU OWN A TRUCKING BUSINESS 455 00:19:45,000 --> 00:19:47,000 AND IN THE TRUCKING BUSINESS 456 00:19:47,000 --> 00:19:51,000 SINCE 1946. A VERY GOOD YEAR. 457 00:19:51,000 --> 00:19:52,000 IT'S A GREAT YEAR. 458 00:19:52,000 --> 00:19:56,000 I LOVE THAT YEAR. 459 00:19:56,000 --> 00:19:57,000 TRUCKING RUNS IN HIS BLOOD AND 460 00:19:57,000 --> 00:20:01,000 HE WANTS TO PASS HIS COMPANY 461 00:20:01,000 --> 00:20:02,000 ALONG TO HIS CHILDREN JUST AS 462 00:20:02,000 --> 00:20:04,000 IT WAS PASSED DOWN TO HIM BY 463 00:20:04,000 --> 00:20:07,000 HIS FATHER. WE ARE GOING TO PROTECT SMALL 464 00:20:07,000 --> 00:20:09,000 BUSINESS OWNERS AND THEIR 465 00:20:09,000 --> 00:20:10,000 FAMILIES SO THEY CAN CONTINUE 466 00:20:10,000 --> 00:20:11,000 TO RUN THEIR COMPANIES WITH 467 00:20:11,000 --> 00:20:16,000 DEDICATION AND WITH LOVE. 468 00:20:16,000 --> 00:20:17,000 WE WILL MAKE TAXES SIMPLE AND 469 00:20:17,000 --> 00:20:19,000 EASY AND FAIR FOR ALL 470 00:20:19,000 --> 00:20:23,000 AMERICANS. 471 00:20:23,000 --> 00:20:28,000 [APPLAUSE] THANK YOU. 472 00:20:30,000 --> 00:20:31,000 CALVIN, YOU WANT TO HIM THAT 473 00:20:31,000 --> 00:20:34,000 BUSINESS DOWN, RIGHT? 474 00:20:34,000 --> 00:20:35,000 DON'T WORRY ABOUT IT FOR ABOUT 475 00:20:35,000 --> 00:20:38,000 40 YEARS, I HOPE. 476 00:20:38,000 --> 00:20:39,000 LONG TIME. JUST KEEP HIM AROUND. 477 00:20:39,000 --> 00:20:44,000 THANK YOU. 478 00:20:45,000 --> 00:20:46,000 [APPLAUSE] 479 00:20:46,000 --> 00:20:47,000 THIRD, WE WILL CUT TAXES ON 480 00:20:47,000 --> 00:20:49,000 AMERICAN BUSINESSES TO RESTORE 481 00:20:49,000 --> 00:20:52,000 OUR COMPETITIVE EDGE AND TO 482 00:20:52,000 --> 00:20:54,000 CREATE MORE JOBS AND HIGHER 483 00:20:54,000 --> 00:20:59,000 WAGES FOR AMERICAN WORKERS. 484 00:21:01,000 --> 00:21:02,000 [APPLAUSE] 485 00:21:02,000 --> 00:21:06,000 THE LAST MAJOR TAX REFORM WAS 486 00:21:06,000 --> 00:21:09,000 PASSED MORE THAN 30 YEARS AGO 487 00:21:09,000 --> 00:21:14,000 IN 1986 WITH A LARGE 488 00:21:15,000 --> 00:21:20,000 BIPARTISAN MAJORITY. THAT WOULD BE WONDERFUL, BUT 489 00:21:20,000 --> 00:21:21,000 SADLY THE DEMOCRATS HAVE 490 00:21:21,000 --> 00:21:26,000 BECOME OBSTRUCTIONISTS. THEY WANT TO STEP. 491 00:21:28,000 --> 00:21:29,000 THEY DON'T WANT TO DO ANYTHING 492 00:21:29,000 --> 00:21:30,000 PRODUCTIVE AND THEY WANT TO 493 00:21:30,000 --> 00:21:31,000 RAISE YOUR TAXES. 494 00:21:31,000 --> 00:21:34,000 I WANT TO TALK ABOUT OPEN 495 00:21:34,000 --> 00:21:35,000 BORDERS AND HIGHER TAXES. 496 00:21:35,000 --> 00:21:36,000 THAT'S NOT A GOOD COMBINATION 497 00:21:36,000 --> 00:21:37,000 TO GET ELECTED, BELIEVE ME, 498 00:21:37,000 --> 00:21:38,000 BUT OPEN BORDERS AND HIGH 499 00:21:38,000 --> 00:21:41,000 TAXES BUT THEY ARE GOOD AT 500 00:21:41,000 --> 00:21:43,000 OBSTRUCTION. 501 00:21:43,000 --> 00:21:44,000 THE 1986 TAX BILL 502 00:21:44,000 --> 00:21:48,000 SUBSTANTIALLY REDUCED OUR CORPORATE TAX RATE TO MAKE 503 00:21:48,000 --> 00:21:49,000 AMERICA GLOBALLY COMPETITIVE. 504 00:21:49,000 --> 00:21:54,000 THE PLAN WORKED AND JOBS IN 505 00:21:57,000 --> 00:21:58,000 INDUSTRY BOOMED. OTHER COUNTRIES SAW OUR 506 00:21:58,000 --> 00:22:00,000 SUCCESS AND THEY COPIED OUR 507 00:22:00,000 --> 00:22:01,000 PLAYBOOK. OUR FOREIGN COMPETITORS 508 00:22:01,000 --> 00:22:04,000 ADOPTED TAX RATES MUCH LOWER 509 00:22:04,000 --> 00:22:07,000 THAN OURS AND MORE COMPETITIVE 510 00:22:07,000 --> 00:22:10,000 AND THEY STARTED TAKING OUR 511 00:22:10,000 --> 00:22:11,000 BUSINESSES AWAY. 512 00:22:11,000 --> 00:22:16,000 IN FACT, WHEN IT COMES TO THE 513 00:22:16,000 --> 00:22:17,000 BUSINESS TAX, WE ARE DEAD LAST 514 00:22:17,000 --> 00:22:20,000 AMONG DEVELOPED NATIONS. 515 00:22:20,000 --> 00:22:23,000 OUR RATE IS THE LEAST 516 00:22:23,000 --> 00:22:28,000 COMPETITIVE RATE. WE HAVE THE HIGHEST TAX RATE 517 00:22:28,000 --> 00:22:29,000 ANYWHERE IN THE WORLD. 518 00:22:29,000 --> 00:22:31,000 HOW FOOLISH IS THIS. 519 00:22:31,000 --> 00:22:36,000 OUR BUSINESS TAX RATE IS 60% 520 00:22:36,000 --> 00:22:37,000 HIGHER THAN OUR AVERAGE 521 00:22:37,000 --> 00:22:42,000 ECONOMIC COMPETITOR. 522 00:22:42,000 --> 00:22:43,000 WE HAVE A MASSIVE TAX ON EVERY 523 00:22:43,000 --> 00:22:47,000 PRODUCT MADE IN AMERICA. 524 00:22:47,000 --> 00:22:48,000 REMEMBER THE EXPRESSION, MADE 525 00:22:48,000 --> 00:22:53,000 IN THE USA, MADE IN AMERICA, 526 00:22:54,000 --> 00:22:55,000 YOU DON'T HEAR THAT SO MUCH 527 00:22:55,000 --> 00:22:56,000 BUT YOU'RE STARTING TO HEAR 528 00:22:56,000 --> 00:22:59,000 TOGETHER. WHAT YOU HAD BETTER MADE IN 529 00:22:59,000 --> 00:23:03,000 AMERICA OR MADE IN USA? MADE IN AMERICA. 530 00:23:03,000 --> 00:23:04,000 [APPLAUSE] 531 00:23:04,000 --> 00:23:09,000 MADE IN THE USA. 532 00:23:10,000 --> 00:23:15,000 [APPLAUSE] 533 00:23:16,000 --> 00:23:20,000 HI JEFFREY. 534 00:23:20,000 --> 00:23:22,000 [APPLAUSE] HE WAS ON FAKE NEWS, CNN, FOR 535 00:23:22,000 --> 00:23:26,000 A LONG TIME. 536 00:23:26,000 --> 00:23:29,000 HE WAS ONE OF MY FEW SOURCES 537 00:23:29,000 --> 00:23:30,000 OF TRUTH. 538 00:23:30,000 --> 00:23:35,000 THANK YOU FOR BEING HERE. IT'S A GREAT HONOR. 539 00:23:38,000 --> 00:23:41,000 GOOD MAN. 540 00:23:41,000 --> 00:23:42,000 BUT GIVING SO MANY COUNTRIES A 541 00:23:42,000 --> 00:23:46,000 TREMENDOUS ADVANTAGE OVER US, 542 00:23:46,000 --> 00:23:49,000 IF YOU LOOK AT CHINA, AT 15%, 543 00:23:49,000 --> 00:23:51,000 AND MEXICO, ALL OF THESE 544 00:23:51,000 --> 00:23:52,000 COUNTRIES HAD A LOWER TAX RATE 545 00:23:52,000 --> 00:23:54,000 IN THE UNITED STATES. 546 00:23:54,000 --> 00:23:55,000 WE CAN'T COMPETE THAT WAY. 547 00:23:55,000 --> 00:23:59,000 IT'S TIME TO END THIS UNFAIR 548 00:23:59,000 --> 00:24:00,000 DISADVANTAGE AND GIVE AMERICAN 549 00:24:00,000 --> 00:24:01,000 COMPANIES AND WORKERS THE 550 00:24:01,000 --> 00:24:05,000 LEVEL PLAYING FIELD THEY SO 551 00:24:05,000 --> 00:24:10,000 RICHLY DESERVE. 552 00:24:12,000 --> 00:24:13,000 [APPLAUSE] 553 00:24:13,000 --> 00:24:15,000 ONE AMERICAN TRUCKERS, AND I 554 00:24:15,000 --> 00:24:20,000 MEAN THESE GREAT PEOPLE, THESE 555 00:24:20,000 --> 00:24:21,000 GREAT HEROES, THEY HAVE TO 556 00:24:21,000 --> 00:24:26,000 HAVE A LEVEL PLAYING FIELD 557 00:24:29,000 --> 00:24:33,000 THERE'S NO ONE ON EARTH THAT 558 00:24:33,000 --> 00:24:38,000 CAN BEAT YOU GUYS IF YOU HAVE 559 00:24:39,000 --> 00:24:40,000 A LEVEL PLAYING FIELD. NOBODY. 560 00:24:40,000 --> 00:24:42,000 BUT YOU FINALLY HAVE A 561 00:24:42,000 --> 00:24:45,000 GOVERNMENT AND FRANKLY YOU 562 00:24:45,000 --> 00:24:48,000 FINALLY HAVE SOMEONE WHO'S GIVEN UP A LOT. 563 00:24:48,000 --> 00:24:49,000 MY OTHER LIFE WAS VERY GOOD. 564 00:24:49,000 --> 00:24:52,000 I HAVE TO BE HONEST. 565 00:24:52,000 --> 00:24:57,000 I HAD A VERY GOOD LIFE. 566 00:25:02,000 --> 00:25:04,000 I HAD A VERY GOOD LIFE, BUT 567 00:25:04,000 --> 00:25:05,000 YOU KNOW WHAT, I'M HAVING A 568 00:25:05,000 --> 00:25:06,000 BETTER LIVE NOW AND I'M 569 00:25:06,000 --> 00:25:11,000 HELPING A LOT OF PEOPLE. 570 00:25:13,000 --> 00:25:16,000 [APPLAUSE] 571 00:25:16,000 --> 00:25:21,000 BELIEVE ME, I LOVE DOING THIS 572 00:25:22,000 --> 00:25:24,000 BECAUSE WE ARE DOING SO MUCH 573 00:25:24,000 --> 00:25:26,000 BETWEEN THE REGULATIONS AND 574 00:25:26,000 --> 00:25:29,000 THE TAXES AND GETTING A 575 00:25:29,000 --> 00:25:30,000 SUPREME COURT JUSTICE, GETTING 576 00:25:30,000 --> 00:25:31,000 HIM ONTO THE SUPREME COURT, 577 00:25:31,000 --> 00:25:36,000 JUST -- JUSTICE NEIL GORGE 578 00:25:41,000 --> 00:25:46,000 IT'S, IT WAS SO IMPORTANT. 579 00:25:46,000 --> 00:25:47,000 YOU FINALLY HAVE A GOVERNMENT 580 00:25:47,000 --> 00:25:49,000 WHO IS GOING TO DEFEND YOU AND 581 00:25:49,000 --> 00:25:54,000 STAND UP FOR YOU AND YOUR 582 00:25:54,000 --> 00:25:56,000 COUNTRY. 583 00:25:56,000 --> 00:25:59,000 AMERICA IS BEING RESPECTED 584 00:25:59,000 --> 00:26:02,000 AGAIN. 585 00:26:02,000 --> 00:26:03,000 SOMETHING HAPPENED TODAY WERE A COUNTRY THAT TOTALLY 586 00:26:03,000 --> 00:26:07,000 DISRESPECTED US, CALLED WITH 587 00:26:07,000 --> 00:26:08,000 SOME VERY IMPORTANT NEWS. WHEN MY GENITALS CAME IN AND 588 00:26:08,000 --> 00:26:13,000 SAID I HAVE TO TELL YOU, A 589 00:26:15,000 --> 00:26:16,000 YEAR AGO THEY WOULD'VE NEVER 590 00:26:16,000 --> 00:26:17,000 DONE THAT. 591 00:26:17,000 --> 00:26:18,000 IT'S A GREAT SIGN OF RESPECT. 592 00:26:18,000 --> 00:26:19,000 YOU'LL PROBABLY HEAR ABOUT IT 593 00:26:19,000 --> 00:26:21,000 OVER THE NEXT FEW DAYS. THIS WAS A COUNTRY THAT DID 594 00:26:21,000 --> 00:26:22,000 NOT RESPECT US AND THEY 595 00:26:22,000 --> 00:26:25,000 RESPECT US NOW. 596 00:26:25,000 --> 00:26:26,000 THE WORLD IS STARTING TO 597 00:26:26,000 --> 00:26:31,000 RESPECT US AGAIN, BELIEVE ME. 598 00:26:31,000 --> 00:26:33,000 [APPLAUSE] 599 00:26:33,000 --> 00:26:34,000 UNDER OUR NEW FRAMEWORK, YOU 600 00:26:34,000 --> 00:26:37,000 WILL DRAMATICALLY CUT THE 601 00:26:37,000 --> 00:26:38,000 BUSINESS TAX RATES AMERICAN 602 00:26:38,000 --> 00:26:42,000 COMPANIES AND WORKERS CAN WIN 603 00:26:42,000 --> 00:26:47,000 AGAINST FOREIGN COMPETITORS. 604 00:26:48,000 --> 00:26:49,000 WE WILL CUT THE CORPORATE TAX 605 00:26:49,000 --> 00:26:54,000 RATE FROM 35% AND MORE ALL WAY 606 00:26:54,000 --> 00:26:57,000 DOWN TO NO MORE THAN 20% BELOW 607 00:26:57,000 --> 00:26:59,000 THE AVERAGE OF MAJOR 608 00:26:59,000 --> 00:27:01,000 COMPETITORS FROM OTHER 609 00:27:01,000 --> 00:27:05,000 COUNTRIES. 610 00:27:05,000 --> 00:27:07,000 [APPLAUSE] 611 00:27:07,000 --> 00:27:08,000 THE BIGGEST WINNERS FROM THIS 612 00:27:08,000 --> 00:27:11,000 TRANSFORMATION WILL BE 613 00:27:11,000 --> 00:27:13,000 EVERYDAY FAMILIES FROM ALL 614 00:27:13,000 --> 00:27:18,000 BACKGROUNDS, FROM ALL WALKS OF 615 00:27:18,000 --> 00:27:19,000 LIFE AND GREAT COMPANIES THAT 616 00:27:19,000 --> 00:27:20,000 WILL PRODUCE THE JOBS. 617 00:27:20,000 --> 00:27:21,000 THEY WILL PRODUCE JOBS LIKE 618 00:27:21,000 --> 00:27:25,000 YOU'VE NEVER SEEN BEFORE. 619 00:27:25,000 --> 00:27:30,000 WHEN COMPANIES LEAVE OUR SHORE 620 00:27:33,000 --> 00:27:34,000 , IT BENEFITS US. 621 00:27:34,000 --> 00:27:35,000 IT'S A WONDERFUL WORKERS WHO 622 00:27:35,000 --> 00:27:37,000 REAP THE REWARDS WHO WILL HAVE 623 00:27:37,000 --> 00:27:40,000 MORE PRODUCTS TO DELIVER MORE 624 00:27:40,000 --> 00:27:41,000 CONTRACTS TO FILL. 625 00:27:41,000 --> 00:27:45,000 THAT'S THE WAY IT HAPPENS. 626 00:27:45,000 --> 00:27:48,000 FOR THE MANY AMERICAN TRUCKERS 627 00:27:48,000 --> 00:27:53,000 WHO FILED TAXES AS SOUL 628 00:27:54,000 --> 00:27:55,000 PROPRIETORS, AS CORPORATIONS 629 00:27:55,000 --> 00:27:59,000 OR PARTNERSHIPS, WE WILL CAP YOUR TOP TAX RATE AT A MAXIMUM 630 00:27:59,000 --> 00:28:00,000 OF 25%. 631 00:28:00,000 --> 00:28:01,000 SUBSTANTIALLY LOWER THAN WHAT 632 00:28:01,000 --> 00:28:05,000 YOU ARE PAYING WILL NOW. 633 00:28:05,000 --> 00:28:06,000 [APPLAUSE] 634 00:28:06,000 --> 00:28:08,000 THE MORE THAN 30 MILLION 635 00:28:08,000 --> 00:28:09,000 AMERICANS WHO HAVE SMALL 636 00:28:09,000 --> 00:28:14,000 BUSINESSES WILL SEE A 40% CUT 637 00:28:15,000 --> 00:28:20,000 IN THEIR MARGINAL TAX RATE. 638 00:28:21,000 --> 00:28:26,000 [APPLAUSE] 639 00:28:26,000 --> 00:28:27,000 I WOULDN'T WANT TO BE A 640 00:28:27,000 --> 00:28:32,000 POLITICIAN AGAINST THAT. THEY WILL HAVE A LONG, HARD 641 00:28:32,000 --> 00:28:33,000 WINTER. 642 00:28:33,000 --> 00:28:34,000 THIS WILL BE THE LOWEST TOP 643 00:28:34,000 --> 00:28:36,000 MARGINAL INCOME TAX RATE FOR 644 00:28:36,000 --> 00:28:39,000 SMALL AND MIDSIZED BUSINESSES 645 00:28:39,000 --> 00:28:41,000 IN MORE THAN 80 YEARS. 646 00:28:41,000 --> 00:28:44,000 NOT SINCE 1931 AND THEY HAD 647 00:28:44,000 --> 00:28:47,000 TAXES ANYWHERE NEAR THAT 648 00:28:47,000 --> 00:28:51,000 LEVEL. 649 00:28:51,000 --> 00:28:56,000 [APPLAUSE] 650 00:28:57,000 --> 00:29:02,000 THIS HUGE TAX CUT, TWO WORDS, 651 00:29:08,000 --> 00:29:13,000 HUGE AND NOW ROCKET. 652 00:29:13,000 --> 00:29:14,000 YOU KNOW WHAT WERE TALKING 653 00:29:14,000 --> 00:29:18,000 ABOUT FOLKS, DON'T WORRY ABOUT 654 00:29:18,000 --> 00:29:21,000 IT. 655 00:29:21,000 --> 00:29:22,000 IT WILL ROCKET FUEL THE ROCKET 656 00:29:22,000 --> 00:29:23,000 FUEL FOR OUR ECONOMY. 657 00:29:23,000 --> 00:29:27,000 WITH US TODAY IS KEVIN BIRCH 658 00:29:27,000 --> 00:29:28,000 OF JET EXPRESS WHO HAS BEEN IN 659 00:29:28,000 --> 00:29:31,000 THE TRUCKING BUSINESS FOR MORE 660 00:29:31,000 --> 00:29:36,000 THAN 40 YEARS. WHERE IS HE. 661 00:29:37,000 --> 00:29:38,000 FORTY YEARS, YOU DON'T LOOK 662 00:29:38,000 --> 00:29:39,000 THAT OLD KEVIN. 663 00:29:39,000 --> 00:29:43,000 GOOD JOB. 664 00:29:43,000 --> 00:29:44,000 KEVIN SAYS IF CONGRESS PASSES 665 00:29:44,000 --> 00:29:46,000 OUR TAX RELIEF AND REFORM PLAN 666 00:29:46,000 --> 00:29:47,000 HE WILL BE ABLE TO INVEST IN 667 00:29:47,000 --> 00:29:51,000 NEW EQUIPMENT AND ADDITIONAL 668 00:29:51,000 --> 00:29:52,000 TRAINING FOR HIS WORKERS, 669 00:29:52,000 --> 00:29:54,000 DRIVERS AND TECHNICIANS. 670 00:29:54,000 --> 00:29:56,000 HE WANTS TO CREATE MORE 671 00:29:56,000 --> 00:29:57,000 AMERICAN JOBS AND WE ARE 672 00:29:57,000 --> 00:30:00,000 WORKING TO HELP HIM DO EXACTLY 673 00:30:00,000 --> 00:30:04,000 THAT. PLUS, WE ARE WORKING ON A TAX 674 00:30:04,000 --> 00:30:05,000 WRITE OFF THAT WILL BE ALMOST 675 00:30:05,000 --> 00:30:07,000 IMMEDIATE WITH YOUR 676 00:30:07,000 --> 00:30:08,000 INVESTMENT. THAT IS SOMETHING YOU'VE NEVER 677 00:30:08,000 --> 00:30:13,000 SEEN BEFORE. 678 00:30:13,000 --> 00:30:15,000 [APPLAUSE] 679 00:30:15,000 --> 00:30:18,000 THAT'S PART OF OUR PLAN 680 00:30:18,000 --> 00:30:23,000 BECAUSE COMPANIES, IN ORDER TO 681 00:30:23,000 --> 00:30:24,000 COMPETE OVER THE NEXT FIVE 682 00:30:24,000 --> 00:30:25,000 YEAR PERIOD, ALLOWS OUR 683 00:30:25,000 --> 00:30:26,000 FRAMEWORK AND WITHIN OUR 684 00:30:26,000 --> 00:30:28,000 FRAMEWORK THAT YOU WRITE OFF 685 00:30:28,000 --> 00:30:33,000 ONE 100% OF THE COST OF NEW 686 00:30:34,000 --> 00:30:35,000 EQUIPMENT IN THE YEAR YOU BUY 687 00:30:35,000 --> 00:30:37,000 IT. WHEN HAVE YOU HEARD THAT ONE. 688 00:30:37,000 --> 00:30:42,000 THAT WILL BE A BIG ONE. 689 00:30:43,000 --> 00:30:44,000 [APPLAUSE] 690 00:30:44,000 --> 00:30:45,000 I'VE HAD CALLS FROM GREAT 691 00:30:45,000 --> 00:30:47,000 BUSINESS PEOPLE. 692 00:30:47,000 --> 00:30:51,000 THEY SAID MR. PRESIDENT, DID 693 00:30:51,000 --> 00:30:56,000 YOU REALLY SAY THAT. I SAID YES I DID AND I MIGHT 694 00:30:58,000 --> 00:30:59,000 SAY, THEY DO CALL ME 695 00:30:59,000 --> 00:31:00,000 MR. PRESIDENT. IT'S VERY INTERESTING. 696 00:31:00,000 --> 00:31:01,000 I'VE HAD FRIENDS FOR YEAR, 697 00:31:01,000 --> 00:31:02,000 THEY KNOW ME, THEY SAY HEY 698 00:31:02,000 --> 00:31:03,000 DON, HOW'S IT DOING AND NOW 699 00:31:03,000 --> 00:31:05,000 WHEN THEY SEE ME THERE ALL 700 00:31:05,000 --> 00:31:09,000 UPTIGHT. I SAID WILL YOU PLEASE LOOSEN 701 00:31:09,000 --> 00:31:10,000 UP. ALL OF THESE ARE FRIENDS FOR 702 00:31:10,000 --> 00:31:12,000 30 YEARS AND THEY GET A LITTLE 703 00:31:12,000 --> 00:31:13,000 BIT TIGHT, BUT THEY ARE 704 00:31:13,000 --> 00:31:16,000 IMPRESSED WITH THE ONE YEAR 705 00:31:16,000 --> 00:31:17,000 IMMEDIATE RIGHT OFF. 706 00:31:17,000 --> 00:31:18,000 THAT'S WHAT THEY'RE IMPRESSED 707 00:31:18,000 --> 00:31:22,000 BY. I THINK THEY'RE VERY 708 00:31:22,000 --> 00:31:23,000 IMPRESSED. WE WANT OUR COMPANIES TO 709 00:31:23,000 --> 00:31:24,000 INVEST AND EXPAND BECAUSE THAT 710 00:31:24,000 --> 00:31:26,000 MEANS MORE JOBS, MORE PRODUCTS 711 00:31:26,000 --> 00:31:28,000 ROLLING OFF THE ASSEMBLY LINE 712 00:31:28,000 --> 00:31:31,000 AND MORE TRUCKERS DELIVERING 713 00:31:31,000 --> 00:31:32,000 THOSE PRODUCTS TO STORES ALL 714 00:31:32,000 --> 00:31:33,000 ACROSS OUR COUNTRY. 715 00:31:33,000 --> 00:31:36,000 FINALLY, OUR FRAMEWORK 716 00:31:36,000 --> 00:31:37,000 ENCOURAGES AMERICAN COMPANIES 717 00:31:37,000 --> 00:31:39,000 TO BRING BACK THE TRILLIONS 718 00:31:39,000 --> 00:31:41,000 AND TRILLIONS OF DOLLARS IN 719 00:31:41,000 --> 00:31:46,000 WEALTH PARTS OVERSEAS. 720 00:31:49,000 --> 00:31:53,000 OUR CURRENT TAX CODE ACTUALLY 721 00:31:53,000 --> 00:31:54,000 PROMISES COMPANIES FOR KEEPING 722 00:31:54,000 --> 00:31:55,000 THEIR HEADQUARTERS IN 723 00:31:55,000 --> 00:31:57,000 AMERICA. YOU SEE THAT RED THAT'S 724 00:31:57,000 --> 00:31:58,000 HAPPENING. 725 00:31:58,000 --> 00:32:00,000 THERE ARE BEING PUNISHED. 726 00:32:00,000 --> 00:32:03,000 IT DISCOURAGES THEM FROM 727 00:32:03,000 --> 00:32:07,000 BRINGING BACK THE PROFITS THEY 728 00:32:07,000 --> 00:32:08,000 EARN OVERSEAS. 729 00:32:08,000 --> 00:32:12,000 IN 2016, AMERICAN 730 00:32:12,000 --> 00:32:17,000 MULTINATIONAL COMPANIES KEPT 731 00:32:17,000 --> 00:32:18,000 71% OF THEIR FOREIGN EARNED 732 00:32:18,000 --> 00:32:21,000 PROFITS OVERSEAS AND AWAY FROM 733 00:32:21,000 --> 00:32:23,000 OUR COUNTRY. 734 00:32:23,000 --> 00:32:25,000 OUR FRAMEWORK WILL TOTALLY 735 00:32:25,000 --> 00:32:28,000 REVERSE THIS AND IT IS A VERY 736 00:32:28,000 --> 00:32:30,000 TROUBLING TREND. 737 00:32:30,000 --> 00:32:33,000 WE WILL BE BRINGING BACK. 738 00:32:33,000 --> 00:32:36,000 CLOSE TO ONE 100% OF THE MONEY 739 00:32:36,000 --> 00:32:38,000 BACK INTO OUR COUNTRY WHERE IT 740 00:32:38,000 --> 00:32:41,000 CAN BE PUT TO WORK AND JOBS 741 00:32:41,000 --> 00:32:45,000 WILL BE CREATED. 742 00:32:45,000 --> 00:32:49,000 WE WILL TOTALLY ELIMINATE THE 743 00:32:49,000 --> 00:32:50,000 PENALTY ON RETURNING FUTURE 744 00:32:50,000 --> 00:32:52,000 EARNINGS BACK TO THE UNITED 745 00:32:52,000 --> 00:32:55,000 STATES AND WE WILL IMPOSE A 746 00:32:55,000 --> 00:32:56,000 ONE TIME LOW TAX ON MONEY 747 00:32:56,000 --> 00:32:59,000 CURRENTLY PARKED OVERSEAS SO 748 00:32:59,000 --> 00:33:00,000 IT CAN BE BROUGHT BACK HOME TO 749 00:33:00,000 --> 00:33:02,000 AMERICA WHERE IT BELONGS AND 750 00:33:02,000 --> 00:33:07,000 WHERE IT CAN DO ITS JOB. 751 00:33:10,000 --> 00:33:11,000 MY COUNCIL OF ECONOMIC 752 00:33:11,000 --> 00:33:12,000 ADVISORS ESTIMATES THAT THIS 753 00:33:12,000 --> 00:33:14,000 CHANGE, ALONG WITH A LOWER TAX 754 00:33:14,000 --> 00:33:16,000 RATE WOULD LIKELY GIVE THE 755 00:33:16,000 --> 00:33:21,000 TYPICAL AMERICAN HOUSEHOLD OF 756 00:33:21,000 --> 00:33:23,000 $4000 PAY RAISE. 757 00:33:23,000 --> 00:33:27,000 IT COULD BE A LOT MORE THAN 758 00:33:27,000 --> 00:33:29,000 THAT. 759 00:33:29,000 --> 00:33:31,000 IF YOU HAVEN'T HEARD, ABOUT A 760 00:33:31,000 --> 00:33:34,000 4000-DOLLAR AMOUNT OF MONEY 761 00:33:34,000 --> 00:33:36,000 ADDITIONAL FOR THE AMERICAN 762 00:33:36,000 --> 00:33:40,000 FAMILIES TO SPEND. THAT IS VERY EXCITING. 763 00:33:40,000 --> 00:33:41,000 YOU WILL GET TO SPEND THAT 764 00:33:41,000 --> 00:33:45,000 MONEY, IT WILL BE PUT TO WORK 765 00:33:45,000 --> 00:33:46,000 AND WE WILL START MAKING OUR 766 00:33:46,000 --> 00:33:47,000 PRODUCT AGAIN. 767 00:33:47,000 --> 00:33:50,000 WOULDN'T THAT BE NICE. 768 00:33:50,000 --> 00:33:53,000 IT'S GOING TO HAPPEN. BY THE WAY NOT AS PART OF OUR 769 00:33:53,000 --> 00:33:54,000 TAX PLAN, BUT I AM 770 00:33:54,000 --> 00:33:55,000 RENEGOTIATING TRADE DEALS THAT 771 00:33:55,000 --> 00:33:58,000 ARE SO HORRENDOUS AND SO 772 00:33:58,000 --> 00:33:59,000 ONE-SIDED AND SO EMBARRASSING 773 00:33:59,000 --> 00:34:02,000 FOR OUR COUNTRY WE ARE, YOU'RE 774 00:34:02,000 --> 00:34:06,000 PROBABLY REREADING THE PAPERS, 775 00:34:06,000 --> 00:34:08,000 WERE RENEGOTIATING NAFTA AND 776 00:34:08,000 --> 00:34:13,000 VARIOUS OTHER DEALS WITH 777 00:34:13,000 --> 00:34:15,000 FOREIGN COUNTRIES THAT ARE SO 778 00:34:15,000 --> 00:34:16,000 EMBARRASSING AND SO HORRENDOUS 779 00:34:16,000 --> 00:34:18,000 THAT IT WOULD SAY WHY ON EARTH 780 00:34:18,000 --> 00:34:21,000 WOULD ANYBODY HAVE SIGNED A 781 00:34:21,000 --> 00:34:23,000 DEAL LIKE THAT. 782 00:34:23,000 --> 00:34:25,000 I WILL ALSO BE ANNOUNCING, AS 783 00:34:25,000 --> 00:34:27,000 YOU KNOW, MY STATEMENT AND 784 00:34:27,000 --> 00:34:32,000 WHAT WILL BE DOING WITH 785 00:34:32,000 --> 00:34:33,000 RESPECT TO THE GRAND DEAL. 786 00:34:33,000 --> 00:34:35,000 SPEAKING OF BADLY NEGOTIATED 787 00:34:35,000 --> 00:34:38,000 DEALS. 788 00:34:38,000 --> 00:34:42,000 SO, TO SUMMARIZE, OUR PLAN 789 00:34:42,000 --> 00:34:45,000 GOES FROM EIGHT TAX BRACKETS 790 00:34:45,000 --> 00:34:46,000 DOWN TO FOUR, EXPANDS THE ZERO 791 00:34:46,000 --> 00:34:50,000 TAX BRACKET GREATLY, EXPANDS 792 00:34:50,000 --> 00:34:52,000 THE CHILD TAX CREDIT, REPEALS 793 00:34:52,000 --> 00:34:57,000 THE STATE TAX AND SPECIAL 794 00:34:57,000 --> 00:34:58,000 INTEREST TAX BREAKS, CUTS THE 795 00:34:58,000 --> 00:35:01,000 TOTAL CORPORATE TAX RATE FROM 796 00:35:01,000 --> 00:35:04,000 MUCH MORE AND EQUAL TO 35% TAX 797 00:35:04,000 --> 00:35:08,000 AND BRINGS IT ALL THE WAY DOWN 798 00:35:08,000 --> 00:35:10,000 TO 20% AND CUTS TAX RATES FOR 799 00:35:10,000 --> 00:35:14,000 SMALL BUSINESSES TO THE LOWEST 800 00:35:14,000 --> 00:35:19,000 LEVEL IN MORE THAN 80 YEARS. 801 00:35:22,000 --> 00:35:27,000 [APPLAUSE] 802 00:35:37,000 --> 00:35:41,000 OUR GREAT CONGRESSMAN AND 803 00:35:41,000 --> 00:35:42,000 CONGRESSWOMEN, ALL OF THE 804 00:35:42,000 --> 00:35:43,000 PEOPLE WERE WORKING WITH, ALL 805 00:35:43,000 --> 00:35:47,000 I CAN SAY IS YOU BETTER GET IT 806 00:35:47,000 --> 00:35:50,000 PASSED. 807 00:35:50,000 --> 00:35:53,000 THEY WILL, I KNOW, AND YOU 808 00:35:53,000 --> 00:35:55,000 HAVE GREAT ONES HERE IN 809 00:35:55,000 --> 00:35:58,000 PENNSYLVANIA. FOR TOO LONG OUR TAX CODE HAS 810 00:35:58,000 --> 00:36:01,000 INCENTIVIZED COMPANIES TO 811 00:36:01,000 --> 00:36:02,000 LEAVE OUR COUNTRY IN SEARCH OF 812 00:36:02,000 --> 00:36:04,000 LOWER TAX RATES. MY ADMINISTRATION REJECTS THE 813 00:36:04,000 --> 00:36:07,000 OFF SHORING MODEL AND WE HAVE 814 00:36:07,000 --> 00:36:10,000 EMBRACED A BRAND-NEW MODEL 815 00:36:10,000 --> 00:36:12,000 CALLED THE AMERICAN MODEL. 816 00:36:12,000 --> 00:36:15,000 WE WANT COMPANIES TO HIRE AND 817 00:36:15,000 --> 00:36:18,000 GROW IN AMERICA, TO RAISE 818 00:36:18,000 --> 00:36:22,000 WAGES FOR THE AMERICAN WORKERS 819 00:36:22,000 --> 00:36:23,000 AND TO HELP REBUILD AMERICAN 820 00:36:23,000 --> 00:36:24,000 CITIES AND TOWNS. 821 00:36:24,000 --> 00:36:29,000 WE ARE INVOLVED IN ALL OVER 822 00:36:30,000 --> 00:36:32,000 THE WORLD AND IT'S NOW TIME WE 823 00:36:32,000 --> 00:36:33,000 GET INVOLVED WITH REBUILDING 824 00:36:33,000 --> 00:36:38,000 OUR COUNTRY. 825 00:36:38,000 --> 00:36:41,000 NO ONE KNOWS AMERICA BETTER 826 00:36:41,000 --> 00:36:45,000 THAN AMERICA'S TRUCKERS. 827 00:36:45,000 --> 00:36:46,000 EVERY SINGLE DAY, FROM COAST 828 00:36:46,000 --> 00:36:48,000 TO COAST AND BORDER TO BORDER, 829 00:36:48,000 --> 00:36:50,000 WHERE WE WILL HAVE A WALL BY 830 00:36:50,000 --> 00:36:52,000 THE WAY, IN CASE YOU HAD ANY 831 00:36:52,000 --> 00:36:56,000 DOUBT, DOES ANYONE HAVE A 832 00:36:56,000 --> 00:36:59,000 DOUBT, IN OUR LARGEST CITIES 833 00:36:59,000 --> 00:37:00,000 AND ACROSS THE ROLLING PLAINS, 834 00:37:00,000 --> 00:37:04,000 YOU SEE INCREDIBLE BEAUTY OF 835 00:37:04,000 --> 00:37:05,000 OUR NATURAL WONDERS, YOU SEE 836 00:37:05,000 --> 00:37:08,000 THINGS FEW PEOPLE SEE. 837 00:37:08,000 --> 00:37:09,000 IN FACT, I THINK YOU SHOULD 838 00:37:09,000 --> 00:37:12,000 TAKE A MAJOR WEIGHT 839 00:37:12,000 --> 00:37:15,000 REDUCTION. 840 00:37:15,000 --> 00:37:17,000 WE SEE THE ENDURING STRENGTH 841 00:37:17,000 --> 00:37:20,000 OF THE AMERICAN SPIRIT IN 842 00:37:20,000 --> 00:37:24,000 THOSE SAME TRUCKERS. 843 00:37:24,000 --> 00:37:25,000 WHAT YOU SEE IS INCREDIBLE 844 00:37:25,000 --> 00:37:26,000 EVERY DAY. WHAT YOU SEE ARE THINGS THAT 845 00:37:26,000 --> 00:37:29,000 NOBODY ELSE SEES AND I WANT TO 846 00:37:29,000 --> 00:37:30,000 TELL YOU, TO THE TRUCKERS IN 847 00:37:30,000 --> 00:37:34,000 THIS ROOM WHICH IS A LOT OF 848 00:37:34,000 --> 00:37:37,000 PEOPLE, YOU WILL DO BETTER 849 00:37:37,000 --> 00:37:38,000 THAN EVER BEFORE AND WE TRULY 850 00:37:38,000 --> 00:37:39,000 ADMIRE YOU. 851 00:37:39,000 --> 00:37:41,000 YOU ARE OUR HEROES, BELIEVE 852 00:37:41,000 --> 00:37:43,000 ME. 853 00:37:43,000 --> 00:37:45,000 OVER THE DECADE YOU HAVE ALSO 854 00:37:45,000 --> 00:37:47,000 SEEN THE DISASTROUS 855 00:37:47,000 --> 00:37:50,000 CONSEQUENCES OF ECONOMIC 856 00:37:50,000 --> 00:37:51,000 SURRENDER. 857 00:37:51,000 --> 00:37:53,000 OUR POLITICIANS SURRENDERED. 858 00:37:53,000 --> 00:37:56,000 THEY GAVE UP OUR COUNTRY. 859 00:37:56,000 --> 00:37:59,000 YOU HAVE DRIVEN PAST THE 860 00:37:59,000 --> 00:38:03,000 SHUTTERED FACTORIES, WATCHED 861 00:38:03,000 --> 00:38:04,000 THRIVING COMMUNITIES BECOME GHOST TOWNS AND WITNESSED 862 00:38:04,000 --> 00:38:05,000 AMERICA'S WEALTH GET SHIPPED 863 00:38:05,000 --> 00:38:06,000 AWAY TO FOREIGN LANDS. 864 00:38:06,000 --> 00:38:09,000 NOW IS OUR CHANCE TO RECLAIM 865 00:38:09,000 --> 00:38:11,000 AMERICA'S DESTINY. 866 00:38:11,000 --> 00:38:13,000 WE CAN BREATHE THE NEW EIGHT 867 00:38:13,000 --> 00:38:15,000 INTO STRUGGLING INDUSTRIES AND 868 00:38:15,000 --> 00:38:18,000 FORGOTTEN TOWNS. 869 00:38:18,000 --> 00:38:19,000 WE CAN END THE SPECIAL DEALS 870 00:38:19,000 --> 00:38:22,000 FOR SPECIAL INTEREST AND WE 871 00:38:22,000 --> 00:38:23,000 WILL HONOR THE HARD-WORKING 872 00:38:23,000 --> 00:38:25,000 PATRIOTIC AMERICANS WHO MAKE 873 00:38:25,000 --> 00:38:30,000 THIS COUNTRY RUN. 874 00:38:31,000 --> 00:38:32,000 [APPLAUSE] 875 00:38:32,000 --> 00:38:37,000 YOU CAN HELP US STOCK THE 876 00:38:38,000 --> 00:38:39,000 STORE SHELVES ALL ACROSS THE 877 00:38:39,000 --> 00:38:44,000 COUNTRY AND AROUND THE WORLD 878 00:38:45,000 --> 00:38:46,000 WITH MORE PRODUCTS STAMPED WITH THOSE BEAUTIFUL WORDS 879 00:38:46,000 --> 00:38:48,000 THAT WERE GOING TO SAY IT THIS 880 00:38:48,000 --> 00:38:50,000 WAY, MADE IN THE USA. 881 00:38:50,000 --> 00:38:51,000 WE WILL LIFT OUR FELLOW 882 00:38:51,000 --> 00:38:53,000 CITIZENS FROM WELFARE TO WORK, 883 00:38:53,000 --> 00:38:54,000 FROM DEPENDENCE TO 884 00:38:54,000 --> 00:38:56,000 INDEPENDENCE AND FROM POVERTY 885 00:38:56,000 --> 00:39:01,000 TO PROSPERITY. 886 00:39:05,000 --> 00:39:06,000 AMERICAN GOODS WILL SAIL 887 00:39:06,000 --> 00:39:11,000 ACROSS THE OCEAN. 888 00:39:11,000 --> 00:39:12,000 AMERICAN TRUCKS WILL GLIDE 889 00:39:12,000 --> 00:39:16,000 ALONG OUR HIGHWAYS, SO 890 00:39:16,000 --> 00:39:17,000 BEAUTIFUL WILL THOSE HIGHWAYS 891 00:39:17,000 --> 00:39:20,000 BE, SMOOTH, BEAUTIFUL, NO 892 00:39:20,000 --> 00:39:22,000 POTHOLES. 893 00:39:22,000 --> 00:39:25,000 I KNOW, NO POTHOLES. 894 00:39:25,000 --> 00:39:26,000 I HAVE MANY FRIENDS IN THE 895 00:39:26,000 --> 00:39:27,000 TRUCKING BUSINESS AND THEY 896 00:39:27,000 --> 00:39:32,000 TELL ME IT'S NEVER BEEN LIKE 897 00:39:32,000 --> 00:39:33,000 THIS. 898 00:39:33,000 --> 00:39:34,000 THEY WILL BUY BEAUTIFUL NEW 899 00:39:34,000 --> 00:39:35,000 EQUIPMENT. 900 00:39:35,000 --> 00:39:36,000 BY THE TIME HE GOES FROM LOS 901 00:39:36,000 --> 00:39:39,000 ANGELES TO NEW YORK AND BACK 902 00:39:39,000 --> 00:39:40,000 HAVE A BIG RENOVATION JOB IN 903 00:39:40,000 --> 00:39:41,000 THEIR HANDS. 904 00:39:41,000 --> 00:39:42,000 THEY'VE NEVER SEEN IT LIKE 905 00:39:42,000 --> 00:39:43,000 THIS BEFORE. THEY WILL BE BEAUTIFUL AGAIN. 906 00:39:43,000 --> 00:39:47,000 THEY WILL BE SMOOTH, BEAUTIFUL 907 00:39:47,000 --> 00:39:52,000 HIGHWAYS AGAIN. 908 00:39:52,000 --> 00:39:57,000 [APPLAUSE] THE AMERICAN FLAG, WE LOVE OUR 909 00:39:57,000 --> 00:40:02,000 AMERICAN FLAG. 910 00:40:05,000 --> 00:40:06,000 [APPLAUSE] 911 00:40:06,000 --> 00:40:07,000 THINK PEOPLE FORGOT HOW 912 00:40:07,000 --> 00:40:09,000 PATRIOTIC WE ARE. 913 00:40:09,000 --> 00:40:13,000 I THINK PEOPLE FORGOT HOW MUCH 914 00:40:13,000 --> 00:40:16,000 WE LOVE OUR COUNTRY. 915 00:40:16,000 --> 00:40:17,000 THEY'VE LEARNED OVER THE PAST 916 00:40:17,000 --> 00:40:22,000 WEEK, HAVEN'T THEY? 917 00:40:22,000 --> 00:40:23,000 [APPLAUSE] 918 00:40:23,000 --> 00:40:24,000 AMERICAN FLAGS WILL SOAR HIGH 919 00:40:24,000 --> 00:40:26,000 ABOVE THE ROADS. 920 00:40:26,000 --> 00:40:28,000 OUR CITIES IN OUR TOWNS WILL 921 00:40:28,000 --> 00:40:32,000 PROUDLY DISPLAY THAT FLAG. 922 00:40:32,000 --> 00:40:34,000 OUR CHILDREN WILL BE RAISED IN 923 00:40:34,000 --> 00:40:39,000 HOMES FILLED WITH LOVE. 924 00:40:45,000 --> 00:40:48,000 COMMUNITCOMMUNITIES FILLED 925 00:40:48,000 --> 00:40:49,000 WITH AIRPLANES GOING BACK AND 926 00:40:49,000 --> 00:40:50,000 FORTH, THAT'S OKAY, BUT COMMUNITIES FILLED WITH HOPE 927 00:40:50,000 --> 00:40:53,000 AND A NATION FILLED WITH 928 00:40:53,000 --> 00:40:54,000 PRIDE. WE WILL BUILD THIS FUTURE 929 00:40:54,000 --> 00:40:57,000 TOGETHER AS ONE PEOPLE IN ONE 930 00:40:57,000 --> 00:41:02,000 NATION UNDER GOD. 931 00:41:04,000 --> 00:41:09,000 [APPLAUSE] 932 00:41:12,000 --> 00:41:17,000 [APPLAUSE] WITH YOUR HELP AND YOUR VOICE 933 00:41:17,000 --> 00:41:19,000 WE WILL BRING BACK OUR JOBS, 934 00:41:19,000 --> 00:41:22,000 WE WILL BRING BACK OUR WEALTH, 935 00:41:22,000 --> 00:41:23,000 AND FOR EVERY CITIZEN ACROSS 936 00:41:23,000 --> 00:41:27,000 THE LAND WE WILL BRING BACK 937 00:41:27,000 --> 00:41:32,000 OUR GREAT AMERICAN DREAMS. 938 00:41:33,000 --> 00:41:37,000 THIS IS A GREAT AND PROUD 939 00:41:37,000 --> 00:41:40,000 STATE. I AM SO HONORED TO BE WITH YOU 940 00:41:40,000 --> 00:41:45,000 TONIGHT. THANK YOU, GOD BLESS YOU, AND 941 00:41:45,000 --> 00:41:46,000 GOD BLESS THE UNITED STATES OF 942 00:41:46,000 --> 00:41:50,000 AMERICA. THANK YOU VERY MUCH. 943 00:41:50,000 --> 00:41:52,000 ♪ 944 00:41:52,000 --> 00:41:55,000 ♪ 945 00:41:55,000 --> 00:41:59,000 ♪ 946 00:41:59,000 --> 00:42:04,000 ♪ 947 00:42:04,000 --> 00:42:09,000 ♪ 948 00:42:14,000 --> 00:42:19,000 ♪ 949 00:42:23,000 --> 00:42:28,000 ♪ 950 00:42:28,000 --> 00:42:33,000 ♪ 951 00:42:33,000 --> 00:42:37,000 ♪ 952 00:42:37,000 --> 00:42:42,000 ♪ 953 00:42:44,000 --> 00:42:49,000 ♪ 954 00:42:50,000 --> 00:42:55,000 ♪ PRESIDENT TRUMP WRAPPED UP A 955 00:42:57,000 --> 00:42:59,000 SPEECH ON TAX REFORM IN HARRISON PENNSYLVANIA. 956 00:42:59,000 --> 00:43:00,000 YOU CAN CATCH HIS ENTIRE 957 00:43:00,000 --> 00:43:03,000 SPEECH ON C-SPAN.ORG. 958 00:43:03,000 --> 00:43:05,000 TONIGHT, BOOK TV IS IN PRIME 959 00:43:05,000 --> 00:43:08,000 TIME WITH A LOOK AT THE 2016 960 00:43:08,000 --> 00:43:09,000 ELECTION. HILLARY CLINTON GAVE HER 961 00:43:09,000 --> 00:43:12,000 PERSONAL ACCOUNT OF THE 962 00:43:12,000 --> 00:43:13,000 PRESIDENTIAL CAMPAIGN AND ELECTION IN HER BOOK, WHAT 963 00:43:13,000 --> 00:43:14,000 HAPPENED. 964 00:43:14,000 --> 00:43:18,000 JOURNALIST AMY BARNES ON 965 00:43:18,000 --> 00:43:23,000 SHATTERED. 966 00:43:23,000 --> 00:43:24,000 SUSAN WARDELL DISCUSSES THE DESTRUCTION OF HILLARY CLINTON 967 00:43:24,000 --> 00:43:28,000 AND FOX NEWS CONTRIBUTOR DOUG 968 00:43:28,000 --> 00:43:31,000 SHOWN ON HIS BOOK, AMERICA IN 969 00:43:31,000 --> 00:43:32,000 THE AGE OF TRUMP. 970 00:43:32,000 --> 00:43:35,000 BOOK TV ALL THIS WEEK ON 971 00:43:35,000 --> 00:43:40,000 C-SPAN2. 972 00:43:40,000 --> 00:43:42,000 >> IT'S A RADIO STATION IN THE 973 00:43:42,000 --> 00:43:43,000 NATIONS CAPITAL THAT COVERS 6 MILLION PEOPLE. 974 00:43:43,000 --> 00:43:46,000 THIS IS A VERY HEAVILY 975 00:43:46,000 --> 00:43:50,000 AUTOMOBILE COMMUTE CITY AND IT 976 00:43:50,000 --> 00:43:51,000 WILL EXTEND OUR BRAND AND GIVE 977 00:43:51,000 --> 00:43:53,000 PEOPLE INVOLVED IN THE PROCESS 978 00:43:53,000 --> 00:43:54,000 A CHANCE TO LISTEN TO IT. 979 00:43:54,000 --> 00:43:55,000 THAT'S HOW IT HAPPENED. 980 00:43:55,000 --> 00:43:58,000 IT WAS THAT SIMPLE. 981 00:43:58,000 --> 00:44:01,000 >> C-SPAN RADIO, MARKING 25 982 00:44:01,000 --> 00:44:02,000 YEARS OF PROGRAMMING FROM THE 983 00:44:02,000 --> 00:44:06,000 NATIONS CAPITAL. 984 00:44:06,000 --> 00:44:07,000 WATCH EACH MORNING BEGINNING 985 00:44:07,000 --> 00:44:08,000 AT 7:00 A.M. EASTERN. HERE WE CAPS ON TODAY'S 986 00:44:08,000 --> 00:44:09,000 POLITICAL EVENT, WEEKDAYS AT 987 00:44:09,000 --> 00:44:11,000 5:00 P.M. EASTERN. 988 00:44:11,000 --> 00:44:12,000 AND, GET THE LATEST FROM 989 00:44:12,000 --> 00:44:13,000 CONGRESS, THE ADMINISTRATION, 990 00:44:13,000 --> 00:44:17,000 AN IMPORTANT EVENT FROM ACROSS 991 00:44:17,000 --> 00:44:18,000 THE NATION. 992 00:44:18,000 --> 00:44:19,000 C-SPAN RADIO IS AVAILABLE IN 993 00:44:19,000 --> 00:44:20,000 WASHINGTON ON 90.1 FM. 994 00:44:20,000 --> 00:44:25,000 ON OUR WEBSITE C-SPAN.ORG, OR 995 00:44:25,000 --> 00:44:26,000 BY DOWNLOADING THE FREE C-SPAN 996 00:44:26,000 --> 00:44:27,000 RADIO APP. 997 00:44:27,000 --> 00:44:30,000 C-SPAN RADIO, AT 20 YEARS FOR 998 00:44:30,000 --> 00:44:32,000 YOU HERE HISTORY UNFOLD 999 00:44:32,000 --> 00:44:37,000 DAILY. 1000 00:44:39,000 --> 00:44:41,000 >> THE SUPREME COURT HEARD ORAL ARGUMENT FOR THE DISTRICT 1001 00:44:41,000 --> 00:44:42,000 OF COLUMBIA. 1002 00:44:42,000 --> 00:44:43,000 THIS CASE FOCUSES ON THE 1003 00:44:43,000 --> 00:44:46,000 FOURTH AMENDMENT AN PROBABLE 1004 00:44:46,000 --> 00:44:47,000 CAUSE. THEODORE WAS ONE OF SEVERAL 1005 00:44:47,000 --> 00:44:50,000 PEOPLE INITIALLY ARRESTED FOR 1006 00:44:50,000 --> 00:44:51,000 UNLAWFUL ENTRY AFTER ATTENDING 1007 00:44:51,000 --> 00:44:54,000 A PARTY AT A HOME IN D.C.'S 1008 00:44:54,000 --> 00:44:57,000 NEIGHBORHOOD. 1009 00:44:57,000 --> 00:44:58,000 THE POLICE ARGUED THE HOME WAS 1010 00:44:58,000 --> 00:45:01,000 VACANT. TWENTY-ONE PEOPLE WERE