A BIG WIN FOR THE COUNTRY. LET'S LISTEN NOW TO PRESIDENT LET'S LISTEN NOW TO PRESIDENT BIDEN IN THE OVAL OFFICE. BIDEN IN THE OVAL OFFICE. >> MY FELLOW AMERICANS , WHEN >> MY FELLOW AMERICANS , WHEN I RAN FOR PRESIDENT , I WAS I RAN FOR PRESIDENT , I WAS TOLD THE DAYS OF BIPARTISAN TOLD THE DAYS OF BIPARTISAN OVER THE DEMOCRATS. OVER THE DEMOCRATS. REPUBLICANS CAN NO LONGER WORK REPUBLICANS CAN NO LONGER WORK TOGETHER. TOGETHER. AND I REFUSE TO BELIEVE THAT AND I REFUSE TO BELIEVE THAT BECAUSE AMERICA CAN NEVER BECAUSE AMERICA CAN NEVER GIVE IN TO THAT WAY OF GIVE IN TO THAT WAY OF THINKING. THINKING. THE ONLY WAY AMERICAN DEMOCRACY THE ONLY WAY AMERICAN DEMOCRACY CAN FUNCTION IS THROUGH CAN FUNCTION IS THROUGH COMPROMISE. COMPROMISE. AND CONSENSUS. AND CONSENSUS. AND THAT'S WHAT I WORKED TO DO AND THAT'S WHAT I WORKED TO DO AS YOUR PRESIDENT , YOU KNOW, AS YOUR PRESIDENT , YOU KNOW, TO FORGE BIPARTISAN AGREEMENT TO FORGE BIPARTISAN AGREEMENT WHERE IT'S POSSIBLE AND WHERE WHERE IT'S POSSIBLE AND WHERE IT'S NEEDED. IT'S NEEDED. I'VE SIGNED MORE THAND MORE I'VE SIGNED MORE THAND MORE THREE HUNDRED FIFTY BIPARTISAN THREE HUNDRED FIFTY BIPARTISAN LAWS THUS FAR WITH TWO AND LAWS THUS FAR WITH TWO AND A HALF YEARS, INCLUDING A HALF YEARS, INCLUDING HISTORIC LAW, THAT REBUILDING HISTORIC LAW, THAT REBUILDING AMERICA SO THAT WE CAN RANKED AMERICA SO THAT WE CAN RANKED NUMBER ONE IN THE WORLD NUMBER ONE IN THE WORLD AND INFRASTRUCTURE INSTEAD OF AND INFRASTRUCTURE INSTEAD OF WHERE WE ARE RIGHT NOW. RANKED N AND INFRASTRUCTURE INSTEAD OF WHERE WE ARE RIGHT NOW. RANKED O WHERE WE ARE RIGHT NOW. RANKED O NUMBER 13 IN THE WORLD, ANOTHER NUMBER 13 IN THE WORLD, ANOTHER HISTORIC OF REBUILDING HISTORIC OF REBUILDING OUR MANUFACTURING BASE.ORLD OUR MANUFACTURING BASE.ORLD SO THAT WILL LEAD THE WORLD SO THAT WILL LEAD THE WORLD ONCE AGAIN IN MAKING ONCE AGAIN IN MAKING SEMICONDUCTOR CHIPS SO MUCH SEMICONDUCTOR CHIPS SO MUCH MORE AND SO MANY MORE AND SO MORE AND SO MANY MORE AND SO MANY MORE SOPHISTICATED ONES. MANY MORE SOPHISTICATED ONES. AND NOW A BIPARTISAN BUDGET AND NOW A BIPARTISAN BUDGET AGREEMENT. AGREEMENT. AGRE AGRE THIS IS VITAL BECAUSE IT'SITAL, THIS IS VITAL BECAUSE IT'SITAL, BECAUSE IT'S ESSENTIAL TO THE BECAUSE IT'S ESSENTIAL TO THE PROGRESS WE'VE MADE OVER PROGRESS WE'VE MADE OVER THE LAST FEW YEARS IS KEEPING THE LAST FEW YEARS IS KEEPING FULL FAITH AND CREDIT OFIC FULL FAITH AND CREDIT OFIC THE UNITED STATES OF AMERICA THE UNITED STATES OF AMERICA AND PASSING A BUDGET THAT AND PASSING A BUDGET THAT CONTINUES TO GROW OUR ECONOMY CONTINUES TO GROW OUR ECONOMY AND REFLECTS OUR VALUES AS A AND REFLECTS OUR VALUES AS A NATION. NATION. THAT'S WHY I'M SPEAKING TO YOU THAT'S WHY I'M SPEAKING TO YOU TONIGHT, TO REPORTOING TO PR TONIGHT, TO REPORTOING TO PR ON THE CRISIS AVERTED AND WHAT ON THE CRISIS AVERTED AND WHAT WE'RE DOING TO PROTECT WE'RE DOING TO PROTECT AMERICA'S FUTURE. FUTURE. AMERICA'S FUTURE. FUTURE. PASSING THIS BUDGET PASSING THIS BUDGET PASSING THIS BUDGET AGREEMENT PASSING THIS BUDGET AGREEMENT WAS CRITICAL. WAS CRITICAL. THE STAKES COULD NOT HAVE BEEN THE STAKES COULD NOT HAVE BEEN HIGHER IF WE HAD FAILEDACH HIGHER IF WE HAD FAILEDACH TO REACH AN AGREEMENT TO REACH AN AGREEMENT ON THE BUDGET. ON THE BUDGET. THERE WERE EXTREME VOICESTENING THERE WERE EXTREME VOICESTENING THREATENING TO TAKE AMERICA FOR THE FIRST TIME IN OUR TWO THE FIRST TIME IN OUR TWO HUNDRED AND FORTY SEVEN YEAR HUNDRED AND FORTY SEVEN YEAR HISTORY. HISTORY. INTO DEFAULT ON OUR NATIONAL INTO DEFAULT ON OUR NATIONAL DEBT. DEBT. NOTHING, NOTHING WOULD HAVE NOTHING, NOTHING WOULD HAVE BEEN MORE IRRESPONSIBLE. BEEN MORE IRRESPONSIBLE. NOTHING WOULD HAVE BEEN NOTHING WOULD HAVE BEEN MORE CATASTROPHIC. MORE CATASTROPHIC. OUR ECONOMY WOULD HAVE BEEN OUR ECONOMY WOULD HAVE BEEN THROWN INTO RECESSION. THROWN INTO RECESSION. RETIREMENT ACCOUNTS FOR RETIREMENT ACCOUNTS FOR MILLIONS OF AMERICANS WOULD MILLIONS OF AMERICANS WOULD HAVE BEEN DECIMATED. HAVE BEEN DECIMATED. EIGHT MILLION AMERICANS WOULD EIGHT MILLION AMERICANS WOULD HAVE LOST THEIR JOBS. HAVE LOST THEIR JOBS. DEFAULT WOULD HAVE BEEN HAVE DEFAULT WOULD HAVE BEEN HAVE DESTROYED OUR NATION'S DEFAULT WOULD HAVE BEEN HAVE WOSTROYED OUR NATION'S WOSTROYED OUR NATION'S CREDIT RATING, WHICH WOULD HAVE CREDIT RATING, WHICH WOULD HAVE MADE EVERYTHING FROM MORTGAGES MADE EVERYTHING FROM MORTGAGES ,CAR LOANS TO FUNDING FOR ,CAR LOANS TO FUNDING FOR THE GOVERNMENT MUCH EXP THE GOVERNMENT MUCH EXP MORE EXPENSIVE. MORE EXPENSIVE. AND WE'RE TAKING YEARS TO CLIMB AND WE'RE TAKING YEARS TO CLIMB OUT OF THAT HOLE.. OUT OF THAT HOLE.. IN AMERICA'S STANDING AS THE IN AMERICA'S STANDING AS THE MOST TRUSTED, RELIABLE MOST TRUSTED, RELIABLE FINANCIAL PARTNER, THE WORLD FINANCIAL PARTNER, THE WORLD WOULD HAVE BEEN SHATTERED. WOULD HAVE BEEN SHATTERED. SO IT WAS CRITICAL TO REACH AN SO IT WAS CRITICAL TO REACH AN AGREEMENT. AGREEMENT. AND IT'S VERY GOOD NEWS FOR AND IT'S VERY GOOD NEWS FOR THE AMERICAN PEOPLE. THE AMERICAN PEOPLE. NO ONE GOT EVERYTHING NO ONE GOT EVERYTHING THEY WANTED, BUT THE AMERICAN TH NO ONE GOT EVERYTHING THEY WANTED, BUT THE AMERICAN T NO ONE GOT EVERYTHING THEY WANTED, BUT THE AMERICAN TA THEY WANTED, BUT THE AMERICAN TA PEOPLE GOT WHAT THEY NEEDED. PEOPLE GOT WHAT THEY NEEDED. WE AVERTED AN ECONOMIC CRISIS, WE AVERTED AN ECONOMIC CRISIS, AN ECONOMIC COLLAPSE. AN ECONOMIC COLLAPSE. WE'RE CUTTING SPENDING SPENDING AN ECONOMIC COLLAPSE. WE'RE CUTTING SPENDING SPENDINGN AN ECONOMIC COLLAPSE. WE'RE CUTTING SPENDING SPENDINGD WE'RE CUTTING SPENDING SPENDINGD BRINGING THE DEFICIT DOWN AT THE BRINGING THE DEFICIT DOWN AT THE SAME SAME AND BRINGING THE DEFICITS DOWN. AND BRINGING THE DEFICITS DOWN. AT THE SAME TIME, WE'RE AT THE SAME TIME, WE'RE PROTECTING AN IMPORTANTG IMPORT PROTECTING AN IMPORTANTG IMPORT PRIORITIES FROM SOCIAL SECURITY PRIORITIES FROM SOCIAL SECURITY TO MEDICARE TO MEDICAIDVETERANS TO MEDICARE TO MEDICAIDVETERANS TO VETERANS, TO OUR TO VETERANS, TO OUR TRANSFORMATIONAL INVESTMENTS IN TRANSFORMATIONAL INVESTMENTS IN INFRASTRUCTURE AND CLEAN INFRASTRUCTURE AND CLEAN ENERGY. ENERGY. I WANT TO COMMEND I WANT TO COMMEND SENATOR SPEAKER MCCARTHY. ND SENATOR SPEAKER MCCARTHY. ND YOU KNOW, HE AND I, WE AND OUREA SENATOR SPEAKER MCCARTHY. ND YOU KNOW, HE AND I, WE AND OURES SENATOR SPEAKER MCCARTHY. ND YOU KNOW, HE AND I, WE AND OURE, YOU KNOW, HE AND I, WE AND OURE, TEAMS WERE ABLE TO GET ALONG, TEAMS WERE ABLE TO GET ALONG, GET THINGS DONE IN GET THINGS DONE IN A STRAIGHTFORWARD, IF NOT A STRAIGHTFORWARD, IF NOT COMPLETELY HONEST WITH A COMPLETELY HONEST WITH A RESPECTFUL WITH ONE ANOTHER. RESPECTFUL WITH ONE ANOTHER. BOTH SIDES OPERATED IN GOOD BOTH SIDES OPERATED IN GOOD FAITH. FAITH. BOTH SIDES KEPT THEIR WORD BOTH SIDES KEPT THEIR WORD AND ALSO WANT TO COMMEND OTHER AND ALSO WANT TO COMMEND OTHER CONGRESSIONAL LEADERS. CONGRESSIONAL LEADERS. HOUSE MINORITY LEADER JEFFERYS,N CONGRESSIONAL LEADERS. HOUSE MINORITY LEADER JEFFERYS,A HOUSE MINORITY LEADER JEFFERYS,A SENATE MAJORITY LEADER SCHUMER SENATE MAJORITY LEADER SCHUMER ,SENATE MINORITY LEADER ,SENATE MINORITY LEADER MCCONNELL. THEY ACTED RESPONSIBLY. THEY ACTED RESPONSIBLY. THEY PUT THE GOOD OF THEY PUT THE GOOD OF THE COUNTRY AHEAD OF POLITICS. P THEY PUT THE GOOD OF THE COUNTRY AHEAD OF POLITICS. L THEY PUT THE GOOD OF THE COUNTRY AHEAD OF POLITICS. T THEY PUT THE GOOD OF THE COUNTRY AHEAD OF POLITICS. C THEY PUT THE GOOD OF THE COUNTRY AHEAD OF POLITICS. . THE COUNTRY AHEAD OF POLITICS. . THE FINAL VOTE IN THE FINAL VOTE IN A FINAL VOTE IN BOTH CHAMBERS A FINAL VOTE IN BOTH CHAMBERS WAS OVERWHELMINGLY, FAR MORE WAS OVERWHELMINGLY, FAR MORE BIPARTISAN THAN ANYONE THOUGHT BIPARTISAN THAN ANYONE THOUGHT WAS POSSIBLE. WAS POSSIBLE. SO I WANT TO THANK THE MEMBERS SO I WANT TO THANK THE MEMBERS OF CONGRESS WHO VOTED TO PASSCON SO I WANT TO THANK THE MEMBERS OF CONGRESS WHO VOTED TO PASSCOG OF CONGRESS WHO VOTED TO PASSCOG THIS AGREEMENT, WHICH I'M GOING THIS AGREEMENT, WHICH I'M GOING TO SIGN TOMORROW, BECOMING LAW. TO SIGN TOMORROW, BECOMING LAW. SO HERE'S WHAT A DEAL DOES. SO HERE'S WHAT A DEAL DOES. FIRST, IT CUTS SPENDING. FIRST, IT CUTS SPENDING. OVER THE NEXT 10 YEARS, OVER THE NEXT 10 YEARS, THE DEFICIT WILL BE CUT BY MORE THE DEFICIT WILL BE CUT BY MORE THAN $1 TRILLION. THAN $1 TRILLION. NOW BE ON TOP OF A RECORD NOW BE ON TOP OF A RECORD ONE POINT SEVEN TRILLION, ONE POINT SEVEN TRILLION, ONE POINT SEVEN TRILLION ONE POINT SEVEN TRILLION DOLLARS. DOLLARS. I ALREADY CUT THE DEFICIT IN I ALREADY CUT THE DEFICIT IN MY FIRST TWO YEARS IN OFFICE. MY FIRST TWO YEARS IN OFFICE. AND IT'S CLEAR WE'RE ALL IN AND IT'S CLEAR WE'RE ALL IN A MUCH MORE FISCALLY A MUCH MORE FISCALLY RESPONSIBLE COURSE. RESPONSIBLE COURSE. THAN THE ONE I INHERITED WHEN YE RESPONSIBLE COURSE. THAN THE ONE I INHERITED WHEN YR RESPONSIBLE COURSE. THAN THE ONE I INHERITED WHEN Y RESPONSIBLE COURSE. THAN THE ONE I INHERITED WHEN YG RESPONSIBLE COURSE. THAN THE ONE I INHERITED WHEN YO THAN THE ONE I INHERITED WHEN YO I TOOK OFFICE FOUR YEARS AGO. I TOOK OFFICE FOUR YEARS AGO. WHEN I CAME TO OFFICE. WHEN I CAME TO OFFICE. THE DEFICIT HAS INCREASED EVERY THE DEFICIT HAS INCREASED EVERY YEAR THE PREVIOUS FOUR YEARS, YEAR THE PREVIOUS FOUR YEARS, AND NEARLY A TRILLION DOLLARS AND NEARLY A TRILLION DOLLARS WOULD ADD TO THE NATIONAL DEBT WOULD ADD TO THE NATIONAL DEBT IN THE LAST ADMINISTRATION. IN THE LAST ADMINISTRATION. AND NOW WE'RE TURNING THINGS AND NOW WE'RE TURNING THINGS AROUND AND THAT'S GOOD FOR AROUND AND THAT'S GOOD FOR AMERICA. AMERICA. YOU KNOW, MY DAD USED TO HAVE AMERICA. MEU KNOW, MY DAD USED TO HAVE MEU KNOW, MY DAD USED TO HAVE AN EXPRESSION IS A JOKE. AN EXPRESSION IS A JOKE. DON'T TELL ME WHAT YOU VALUE. DON'T TELL ME WHAT YOU VALUE. SHOW ME YOUR BUDGET. SHOW ME YOUR BUDGET. I'LL TELL YOU WHAT YOU VALUE. I'LL TELL YOU WHAT YOU VALUE. THAT'S AT THE HEART OF THIS THAT'S AT THE HEART OF THIS DEBATE. DEBATE. WHAT DO WE VALUE PROTECTING? WHAT DO WE VALUE PROTECTING? YOU MAY REMEMBER DURING YOU MAY REMEMBER DURING MY STATE OF THE UNION ADDRESS, MY STATE OF THE UNION ADDRESS, THERE WERE THERE WAS A SPIRITED THERE WERE THERE WAS A SPIRITED EXCHANGE BETWEEN ME AND A FEW EXCHANGE BETWEEN ME AND A FEW REPUBLICANS SPONTANEOUSLYOUSE O REPUBLICANS SPONTANEOUSLYOUSE O OCCURRING ON THE FLOOR OF OCCURRING ON THE FLOOR OF THE HOUSE OF REPRESENTATIVES. THE HOUSE OF REPRESENTATIVES. I WAS POINTING OUT THAT FOR I WAS POINTING OUT THAT FOR YEARS SOME OF THEM WERE PUTTING YEARS SOME OF THEM WERE PUTTING FORWARD PROPOSALS TO CUT SOCIAL FORWARD PROPOSALS TO CUT SOCIAL SECURITY, MEDICARE, AND SOME OF SECURITY, MEDICARE, AND SOME OF THEM THAT I TOOK EXCEPTION. THEM THAT I TOOK EXCEPTION. AND THEY SAID VERY LOUDLY THAT AND THEY SAID VERY LOUDLY THAT THAT WASN'T TRUE. THAT WASN'T TRUE. SO I ASKED THEM ON THE FLOOR SO I ASKED THEM ON THE FLOOR THAT NIGHT. THAT NIGHT. I SAID, ASK THEM A SIMPLE THEM A I SAID, ASK THEM A SIMPLE THEM A QUESTION. QUESTION. WILL YOU AGREE NOT TO CUT WILL YOU AGREE NOT TO CUT SOCIAL SECURITY AND MEDICARE? SOCIAL SECURITY AND MEDICARE? WOULD THEY AGREE TO PROTECT WOULD THEY AGREE TO PROTECT WOUL WOUL THESE ESSENTIAL PROGRAMS, THESE ESSENTIAL PROGRAMS, A LIFELINE FOR MILLIONS OF A LIFELINE FOR MILLIONS OF AMERICANS PROGRAMS THAT THESEING A LIFELINE FOR MILLIONS OF AMERICANS PROGRAMS THAT THESEINI A LIFELINE FOR MILLIONS OF AMERICANS PROGRAMS THAT THESEINT A LIFELINE FOR MILLIONS OF AMERICANS PROGRAMS THAT THESEINO AMERICANS PROGRAMS THAT THESEINO AMERICANS HAVE PAYING INTO AMERICANS HAVE PAYING INTO EVERY SINGLE PAYCHECK THEY'VE EVERY SINGLE PAYCHECK THEY'VE EARNED SINCE THEY STARTED EARNED SINCE THEY STARTED WORKING AND TO PROVIDE SO MUCH WORKING AND TO PROVIDE SO MUCH PEACE OF MIND WITH THE BRIGHT PEACE OF MIND WITH THE BRIGHT LIGHTS AND CAMERAS ON THOSE FEWE PEACE OF MIND WITH THE BRIGHT LIGHTS AND CAMERAS ON THOSE FEWD PEACE OF MIND WITH THE BRIGHT LIGHTS AND CAMERAS ON THOSE FEWT PEACE OF MIND WITH THE BRIGHT LIGHTS AND CAMERAS ON THOSE FEW, LIGHTS AND CAMERAS ON THOSE FEW, REPUBLICANS WHO WERE REPUBLICANS WHO WERE PROTESTING, THEY AGREED. PROTESTING, THEY AGREED. THEY SAID THEY WOULDN'T CUT IT. THEY SAID THEY WOULDN'T CUT IT. THAT'S HOW WE PROTECTED SOCIAL THAT'S HOW WE PROTECTED SOCIAL SECURITY, MEDICARE FROM FROM SECURITY, MEDICARE FROM FROM THE BEGINNING AND FROM A BEING THE BEGINNING AND FROM A BEING CUT. CUT. HEALTH CARE WAS ANOTHER HEALTH CARE WAS ANOTHER PRIORITY FOR ME, A TOP PRIORITY FOR ME, A TOP PRIORITY.T CLEAR FROM PRIORITY.T CLEAR FROM I MADE IT CLEAR FROM THE OUTSETC PRIORITY.T CLEAR FROM I MADE IT CLEAR FROM THE OUTSETU I MADE IT CLEAR FROM THE OUTSETU I WOULD NOT AGREE TO ANY CUTS I WOULD NOT AGREE TO ANY CUTS IN MEDICAID, ANOTHER ESSENTIAL IN MEDICAID, ANOTHER ESSENTIAL LIFELINE FOR MILLIONS OF LIFELINE FOR MILLIONS OF AMERICANS , INCLUDING CHILDREN AMERICANS , INCLUDING CHILDREN IN POVERTY, THE ELDERLY IN IN POVERTY, THE ELDERLY IN NURSING HOMES, AND AMERICANS NURSING HOMES, AND AMERICANS LIVING WITH DISABILITIES. LIVING WITH DISABILITIES. >> ORIGINAL HOUSE >> ORIGINAL HOUSE REPUBLICAN PROPOSAL WOULD HAVE REPUBLICAN PROPOSAL WOULD HAVE CUT HEALTH CARE FOR UP MORE THAN CUT HEALTH CARE FOR UP MORE THAN 21 MILLION AMERICANS 21 MILLION AMERICANS TO TWENTY ONE MILLION AMERICANS TO TWENTY ONE MILLION AMERICANS ON MEDICAID. ON MEDICAID. AND I SAID NO, MEDICARE AND I SAID NO, MEDICARE IS PROTECTED AND SO ARE AND IS PROTECTED AND SO ARE AND MILLIONS OF PEOPLE. MILLIONS OF PEOPLE. MOST NEED. MOST NEED. LOOK, I'VE LONG BELIEVED THAT BE MOST NEED. LOOK, I'VE LONG BELIEVED THAT BI MOST NEED. LOOK, I'VE LONG BELIEVED THAT BV MOST NEED. LOOK, I'VE LONG BELIEVED THAT BD MOST NEED. LOOK, I'VE LONG BELIEVED THAT BT MOST NEED. LOOK, I'VE LONG BELIEVED THAT BE LOOK, I'VE LONG BELIEVED THAT BE ONLY ONE TRULY SACRED OBLIG ONLY ONE TRULY SACRED OBLIG THE ONLY ONE TRULY SACRED THE ONLY ONE TRULY SACRED OBLIGATION THAT THE GOVERNMENT OBLIGATION THAT THE GOVERNMENT HAS TO PREPARE THOSE WE SEND HAS TO PREPARE THOSE WE SEND INTO HARM'S WAY AND CARE FOR INTO HARM'S WAY AND CARE FOR THEM AND THEIR FAMILIES WHEN THEM AND THEIR FAMILIES WHEN THEY COME HOME, WHEN THEY DON'T THEM AND THEIR FAMILIES WHEN HOEY COME HOME, WHEN THEY DON'T THEM AND THEIR FAMILIES WHEN HOME COME HOME, WHEN THEY DON'T THEM AND THEIR FAMILIES WHEN HOME.COME HOME, WHEN THEY DON'T HOME.COME HOME, WHEN THEY DON'T COME HOME, THAT'S WHY MY LAST COME HOME, THAT'S WHY MY LAST BUDGET PROVIDED VA HOSPITALS BUDGET PROVIDED VA HOSPITALS WITH ADDITIONAL FUNDING FOR WITH ADDITIONAL FUNDING FOR MORE DOCTORS, NURSES MORE DOCTORS, NURSES AND EQUIPMENT TO ACCOMMODATE AND EQUIPMENT TO ACCOMMODATE THE NEEDS OF VETERANSMORE APP THE NEEDS OF VETERANSMORE APP MORE APPOINTMENTS. MORE APPOINTMENTS. HOUSE REPUBLICAN PLAN WOULD HOUSE REPUBLICAN PLAN WOULD MEANT 30 FEWER MILLION VA MEANT 30 FEWER MILLION VA HEALTH CARE VISITS FOR HEALTH CARE VISITS FOR OUR VETERANS. OUR VETERANS. WE DIDN'T LET THAT HAPPEN. WE DIDN'T LET THAT HAPPEN. IN ADDITION, THIS BILL FULLY IN ADDITION, THIS BILL FULLY FUNDS THE BIPARTISAN PACT, FUNDS THE BIPARTISAN PACT, THE MOST SIGNIFICANT LAW IN THE MOST SIGNIFICANT LAW IN DECADES FOR VETERANS EXPOSED DECADES FOR VETERANS EXPOSED A TOXIC BYRON PITTS AND FOR A TOXIC BYRON PITTS AND FOR THEIR FAMILIES EXPANDS THEIR FAMILIES EXPANDS ACCESS TO THOSE VETERANS ACCESS TO THOSE VETERANS AND THEIR FAMILIES TO HEALTH AND THEIR FAMILIES TO HEALTH CARE AND TO DISABILITY CARE AND TO DISABILITY BENEFITS. BENEFITS. LOOK, WE'RE INVESTING IN LOOK, WE'RE INVESTING IN AMERICA AND OUR PEOPLE. AMERICA AND OUR PEOPLE. AND IN OUR FUTURE, WE'VE AND IN OUR FUTURE, WE'VE CREATED OVER 13 MILLION CREATED OVER 13 MILLION NEW JOBS, NEARLY 800000 NEW JOBS, NEARLY 800000 MANUFACTURING JOBS. MANUFACTURING JOBS. WHERE IS IT WRITTEN IN AMERICA? WHERE IS IT WRITTEN IN AMERICA? CAN'T LEAD THE WORLD AGAIN IN CAN'T LEAD THE WORLD AGAIN IN MANUFACTURING. MANUFACTURING. UNEMPLOYMENT IS AT THREE POINT UNEMPLOYMENT IS AT THREE POINT SEVEN PERCENT. SEVEN PERCENT. MORE AMERICANS ARE WORKING MORE AMERICANS ARE WORKING TODAY THAN EVER IN THE HISTORY TODAY THAN EVER IN THE HISTORY OF THIS COUNTRY. OF THIS COUNTRY. AND INFLATION HAS DROPPED AND INFLATION HAS DROPPED 10 STRAIGHT MONTHS IN A ROW IN 10 STRAIGHT MONTHS IN A ROW IN THIS DEBATE. THIS DEBATE. I REFUSE TO PUT WHAT WAS I REFUSE TO PUT WHAT WAS RESPONSIBLE FOR ALL THIS RES RESPONSIBLE FOR ALL THIS RES ECONOMIC PROGRESSCHOPPI ECONOMIC PROGRESSCHOPPI ON THE CHOPPING BLOCK. ON THE CHOPPING BLOCK. THIS BIPARTISAN AGREEMENT THIS BIPARTISAN AGREEMENT PROTECTS THE LAW THAT WILL HELP PROTECTS THE LAW THAT WILL HELP IN IN US BUILD THE BEST US BUILD THE BEST INFRASTRUCTURE IN THE WORLD. THE US BUILD THE BEST INFRASTRUCTURE IN THE WORLD. THW US BUILD THE BEST INFRASTRUCTURE IN THE WORLD. THR US BUILD THE BEST INFRASTRUCTURE IN THE WORLD. THD US BUILD THE BEST INFRASTRUCTURE IN THE WORLD. TH. INFRASTRUCTURE IN THE WORLD. TH. IT FULLY PROTECTS IT FULLY PROTECTS FULLY PROTECTS THE CHIPS IN FULLY PROTECTS THE CHIPS IN SCIENCE ACT, WHICH IS GOING TO KEY PARTS OF OUR SUPPLY TO KEY PARTS OF OUR SUPPLY CHAIN TO AMERICA. CHAIN TO AMERICA. SO DON'T RELY ON OTHERS LIKETORS CHAIN TO AMERICA. SO DON'T RELY ON OTHERS LIKETOR CHAIN TO AMERICA. SO DON'T RELY ON OTHERS LIKETORH SO DON'T RELY ON OTHERS LIKETORH SEMICONDUCTORS. SEMICONDUCTORS. THOSE TINY COMPUTER CHIPS THOSE TINY COMPUTER CHIPS SMALLER THAN THE TIP OF SMALLER THAN THE TIP OF YOUR FINGER, THAT IN FACT YOUR FINGER, THAT IN FACT NEARLY EVERYTHING WE RELY NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGE NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDING NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGO NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGT NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGE NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGM NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGS NEARLY EVERYTHING WE RELY ON FROM CELL PHONES TO BUILDINGT ON FROM CELL PHONES TO BUILDINGT OF US GET WEAPONS AND OF US GET WEAPONS AND AUTOMOBILES TO SOPHISTICATED AUTOMOBILES TO SOPHISTICATED WEAPONS SYSTEMS AND SO MUCH WEAPONS SYSTEMS AND SO MUCH MORE , WE PROTECT ANOTHER LAW MORE , WE PROTECT ANOTHER LAW THAT PASSED AND SIGNED LAST THAT PASSED AND SIGNED LAST YEAR THAT FINALLY BEAT BIG YEAR THAT FINALLY BEAT BIG PHARMA, WHICH HAD TO TRY AND DO PHARMA, WHICH HAD TO TRY AND DO FOR OVER 30 YEARS AND FINALLY FOR OVER 30 YEARS AND FINALLY GIVES MEDICARE THE POWER GIVES MEDICARE THE POWER TO NEGOTIATE LOWER DRUG PRICES, GIVES MEDICARE THE POWER TO NEGOTIATE LOWER DRUG PRICES,A GIVES MEDICARE THE POWER TO NEGOTIATE LOWER DRUG PRICES,S TO NEGOTIATE LOWER DRUG PRICES,S JUST LIKE THE VA HAS BEEN ABLE TO DO. TO DO. FOR VETERANS. FOR VETERANS. THIS LAW IS ALREADY THIS LAW IS ALREADY DRAMATICALLY CUT. DRAMATICALLY CUT. THE COST OF MEDICINE FOR THE COST OF MEDICINE FOR SENIORS FROM AS MUCH AS FOURER M THE COST OF MEDICINE FOR SENIORS FROM AS MUCH AS FOURER N THE COST OF MEDICINE FOR SENIORS FROM AS MUCH AS FOURER H SENIORS FROM AS MUCH AS FOURER H HUNDRED DOLLARS A MONTH TO JUST HUNDRED DOLLARS A MONTH TO JUST THIRTY FIVE DOLLARS A MONTH. THIRTY FIVE DOLLARS A MONTH. INSULIN NEGOCIATE LOWER DRUG INSULIN NEGOCIATE LOWER DRUG PRICES NOT ONLY SAVE SENIORSCO PRICES NOT ONLY SAVE SENIORSCO A LOT OF MONEY, IT SAVES OF A LOT OF MONEY, IT SAVES OF THE COUNTRY A LOT OF MONEY. THE COUNTRY A LOT OF MONEY. ONE HUNDRED AND $60 BILLION ONE HUNDRED AND $60 BILLION IS NOT HAVING TO BE PAID OUT IS NOT HAVING TO BE PAID OUT BECAUSE OF DRUG PRICES ARE PRI BECAUSE OF DRUG PRICES ARE PRI MORE RATIONAL. MORE RATIONAL. WE PAY THE HIGHEST DRUG PRICES WE PAY THE HIGHEST DRUG PRICES ANY INDUSTRIALIZED NATION IN ANY INDUSTRIALIZED NATION IN THE WORLD, AND IT'S JUST THE WORLD, AND IT'S JUST THAT'S JUST THAT'S JUST THE BEGINNING. ALS THE BEGINNING. ALS YOU KNOW, WE ALSO PROTECTED YOU KNOW, WE ALSO PROTECTED THE MOST SIGNIFICANT THE MOST SIGNIFICANT BREAKTHROUGH EVER, EVER IN BREAKTHROUGH EVER, EVER IN DEALING WITH THE EXISTENTIAL DEALING WITH THE EXISTENTIAL THREAT OF CLIMATE CHANGE TODAY THREAT OF CLIMATE CHANGE TODAY TO NEW WIND AND SOLAR POWER IS CHEAPER THAN FOSSIL FUEL. IS CHEAPER THAN FOSSIL FUEL. SINCE I'VE BEEN IN OFFICE, FACTU IS CHEAPER THAN FOSSIL FUEL. SINCE I'VE BEEN IN OFFICE, FACTI IS CHEAPER THAN FOSSIL FUEL. SINCE I'VE BEEN IN OFFICE, FACTN SINCE I'VE BEEN IN OFFICE, FACTN CLEAN ENERGY AND ADVANCED CLEAN ENERGY AND ADVANCED MANUFACTURING HAVE BROUGHT IN MANUFACTURING HAVE BROUGHT IN FOR ONE HUNDRED AND $70 BILLION FOR ONE HUNDRED AND $70 BILLION IN PRIVATE INVESTMENT. IN PRIVATE INVESTMENT. THAT'S GOING TO CREATE THAT'S GOING TO CREATE THOUSANDS OF JOBS, GOODACROSS THOUSANDS OF JOBS, GOODACROSS PAYING JOBS ALL ACROSS THIS PAYING JOBS ALL ACROSS THIS COUNTRY AND HELP COUNTRY AND HELP THE ENVIRONMENT AT THE SAME THE ENVIRONMENT AT THE SAME TIME. TIME. REMEMBER, AT THE BEGINNING OF REMEMBER, AT THE BEGINNING OF THIS DEBATE, SOME OF THIS DEBATE, SOME OF MY REPUBLICAN COLLEAGUES AREES MY REPUBLICAN COLLEAGUES AREES DETERMINED TO GUT THE CLEAN DETERMINED TO GUT THE CLEAN ENERGY INVESTMENTS. ENERGY INVESTMENTS. I SAID NO. N I SAID NO. N WE KEPT THEM ALL AND THERE'S WE KEPT THEM ALL AND THERE'S MORE . MORE . AND THERE'S SO MUCH MORE TO DO. AND THERE'S SO MUCH MORE TO DO. WE'RE GOING TO DO EVEN MORE TOIT AND THERE'S SO MUCH MORE TO DO. WE'RE GOING TO DO EVEN MORE TOI, WE'RE GOING TO DO EVEN MORE TOI, REDUCE THE DEFICIT. REDUCE THE DEFICIT. WE NEED TO CONTROL SPENDING IF WE NEED TO CONTROL SPENDING IF WE'RE GOING TO DO THAT. WE'RE GOING TO DO THAT. BUT WE ALSO HAVE TO RAISE BUT WE ALSO HAVE TO RAISE REVENUE AND GO AFTER TAX CHEATS REVENUE AND GO AFTER TAX CHEATS THEIR THEIR AND MAKE SURE EVERYBODY'S AND MAKE SURE EVERYBODY'S PAYING THEIR FAIR SHARE. PAYING THEIR FAIR SHARE. >> NO ONE , I PROMISE, NO >> NO ONE , I PROMISE, NO ONE MAKING LESS AND ONE MAKING LESS AND FOUR HUNDRED THOUSAND DOLLARS FOUR HUNDRED THOUSAND DOLLARS A YEAR OR PAY A PENNY MORE IN A YEAR OR PAY A PENNY MORE IN FEDERAL TAXES. FEDERAL TAXES. BUT LIKE MOST OF YOU AT HOME, BUT LIKE MOST OF YOU AT HOME, I KNOW THE FEDERAL TAX SYSTEM W I KNOW THE FEDERAL TAX SYSTEM W ISN'T FAIR. ISN'T FAIR. THAT'S WHY I KEPT MY COMMITMENT THAT'S WHY I KEPT MY COMMITMENT AGAIN THAT NO ONE EARNING AGAIN THAT NO ONE EARNING LESS THAN FOUR HUNDRED THOUSAND LESS THAN FOUR HUNDRED THOUSAND DOLLARS A YEAR WILL PAY A PENNY DOLLARS A YEAR WILL PAY A PENNY MORE IN FEDERAL TAXES. MORE IN FEDERAL TAXES. >> THAT'S WHY LAST YEAR >> THAT'S WHY LAST YEAR I SECURED MORE FUNDING TO GO, I SECURED MORE FUNDING TO GO, MORE IRS FUNDING TO GO AFTER MORE IRS FUNDING TO GO AFTER WEALTHY TAX CHEATS, WEALTHY TAX CHEATS, THE NONPARTISAN CONGRESSIONAL THE NONPARTISAN CONGRESSIONAL BUDGET OFFICE. BUDGET OFFICE. AND IT IS NONPARTY, SAYS THAT AND IT IS NONPARTY, SAYS THAT THIS BILL WILL BRING IN THIS BILL WILL BRING IN ONE HUNDRED AND $50 BILLION. ONE HUNDRED AND $50 BILLION. AND OTHER OUTSIDE EXPERTS AND OTHER OUTSIDE EXPERTS EXPECT THAT IT WOULD SAVE EXPECT THAT IT WOULD SAVE AS MUCH AS 400 BILLION DOLLARS AS MUCH AS 400 BILLION DOLLARS BECAUSE IT'S FORCING PEOPLE BECAUSE IT'S FORCING PEOPLE TO PAY THEIR FAIR SHARE. TO PAY THEIR FAIR SHARE. REPUBLICANS MAY NOT LIKE, BUT REPUBLICANS MAY NOT LIKE, BUT I'M GOING TO MAKE SURE I'M GOING TO MAKE SURE THE WEALTHY PAY THEIR FAIR. THE WEALTHY PAY THEIR FAIR. SHARE. SHARE. I'M ALSO PROPOSED CLOSING OVER I'M ALSO PROPOSED CLOSING OVER A DOZEN SPECIAL INTEREST TAX B A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTO A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTT A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTA A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTE A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTS A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPT A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTE A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTG A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPT A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTU A DOZEN SPECIAL INTEREST TAX B LOOPHOLES FOR BIG OILOIL, CRYPTD LOOPHOLES FOR BIG OILOIL, CRYPTD CRYPTO TRADERS, HEDGE FUND CRYPTO TRADERS, HEDGE FUND BILLIONAIRES, SAVING TAXPAYERS T CRYPTO TRADERS, HEDGE FUND BILLIONAIRES, SAVING TAXPAYERS X CRYPTO TRADERS, HEDGE FUND BILLIONAIRES, SAVING TAXPAYERS A CRYPTO TRADERS, HEDGE FUND BILLIONAIRES, SAVING TAXPAYERS E CRYPTO TRADERS, HEDGE FUND BILLIONAIRES, SAVING TAXPAYERS S BILLIONAIRES, SAVING TAXPAYERS S BILLIONS OF DOLLARS. BILLIONS OF DOLLARS. REPUBLICANS, REPUBLICANS REPUBLICANS, REPUBLICANS DEFENDED EVERY SINGLE ONE OF, EV REPUBLICANS, REPUBLICANS DEFENDED EVERY SINGLE ONE OF, ER REPUBLICANS, REPUBLICANS DEFENDED EVERY SINGLE ONE OF, EY DEFENDED EVERY SINGLE ONE OF, EY THESE SPECIAL INTEREST THESE SPECIAL INTEREST LOOPHOLES, EVERY SINGLE ONE . LOOPHOLES, EVERY SINGLE ONE . BUT I'M GOING TO BE COMING BUT I'M GOING TO BE COMING BACK AND WITH YOUR HELP, BACK AND WITH YOUR HELP, I'M GOING TO WIN RIGHT NOW. I'M GOING TO WIN RIGHT NOW. CATCH THIS. CATCH THIS. AVER AVER RIGHT NOW, THE AVERAGE RIGHT NOW, THE AVERAGE BILLIONAIRE IN AMERICA PAYST 8% BILLIONAIRE IN AMERICA PAYST 8% JUST 80% IN FEDERAL TAXES, 80% JUST 80% IN FEDERAL TAXES, 80% TEACHERS AND FIREFIGHTERS PAY TEACHERS AND FIREFIGHTERS PAY MORE THAN THAT. MORE THAN THAT. THAT'S WHY I PROPOSED THAT'S WHY I PROPOSED THE MINIMUM TAX FOR MINIMUM THE MINIMUM TAX FOR MINIMUM TAX FOR BILLIONAIRES. TAX FOR BILLIONAIRES. REPUBLICANS AR REPUBLICANS AR BILLIONAIRES. BILLIONAIRES. REPUBLICANS ARE AGAINST IT, BUT REPUBLICANS ARE AGAINST IT, BUT I'M GOING TO KEEP FIGHTING FOR I'M GOING TO KEEP FIGHTING FOR IT.OR IT. IT.OR IT. NO BILLIONAIRES SHOULD PAY NO BILLIONAIRES SHOULD PAY LESS IN FEDERAL TAXES THANA LESS IN FEDERAL TAXES THANA TEACHER OR A TEACHER OR A A TEACHER OR FIREFIGHTER. A TEACHER OR FIREFIGHTER. LOOK, LET ME CLOSE WITH THIS. LOOK, LET ME CLOSE WITH THIS. I KNOW BIPARTISANSHIP IS HARD I KNOW BIPARTISANSHIP IS HARD AND UNITY IS HARD, BUT WE CAN AND UNITY IS HARD, BUT WE CAN NEVER STOP TRYING BECAUSE OF NEVER STOP TRYING BECAUSE OF MOMENTS LIKE THIS ONE , THE ONE MOMENTS LIKE THIS ONE , THE ONE WE JUST FACED WHERE WE JUST FACED WHERE THE AMERICAN ECONOMY IN THE AMERICAN ECONOMY IN THE WORLD ECONOMY IS AT RISK OF THE WORLD ECONOMY IS AT RISK OF COLLAPSING. OTHER COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTER COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERO COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERM COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERT COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERE COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTER COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERO COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTER COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERO COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERG COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTER COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERU COLLAPSING. OTHER THERE'S NO OTHER WAY, NO MATTERR THERE'S NO OTHER WAY, NO MATTERR POLITICS GET, WE POLITICS GET, WE HOW TOUGH OUR POLITICS GETS HOW TOUGH OUR POLITICS GETS WHEN YOU SEE EACH OTHER, NOT WHEN YOU SEE EACH OTHER, NOT AS ADVERSARIES, AS FELLOW AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACH AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHT AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHE AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACH AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHI AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHH AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHD AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHG AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHI AS ADVERSARIES, AS FELLOW AMERICANS TREAT EACH OTHER EACHY AMERICANS TREAT EACH OTHER EACHY AND RESPECT. AND RESPECT. WITH DIGNITY, OR RESPECT TO JOIN FORCES, AMERICA IS THE TO JOIN FORCES, AMERICA IS THE SUM SHOUTING LOWERND WORK SUM SHOUTING LOWERND WORK THE TEMPERATURE AND WORK THE TEMPERATURE AND WORK TOGETHER TO PURSUE PROGRESS, TOGETHER TO PURSUE PROGRESS, SECURE PROSPERITY AND KEEP SECURE PROSPERITY AND KEEP THE PROMISE OF AMERICA FOR THE PROMISE OF AMERICA FOR EVERYBODY. EVERYBODY. AND I'VE SAID MY INAUGURAL AND I'VE SAID MY INAUGURAL ADDRESS WITHOUT UNITY, THERE ADDRESS WITHOUT UNITY, THERE IS NO PEACE WITH BITTERNESS IS NO PEACE WITH BITTERNESS AND SHOOT AND FURY. AND SHOOT AND FURY. AND WE CAN NEVER BECOME THAT AND WE CAN NEVER BECOME THAT COUNTRY. COUNTRY. I CAN HONESTLY SAY I CAN I CAN HONESTLY SAY I CAN HONESTLY SAY TONIGHT THAT I'VE HONESTLY SAY TONIGHT THAT I'VE NEVER BEEN MORE OPTIMISTIC NEVER BEEN MORE OPTIMISTIC ABOUT AMERICA'S FUTURE. ABOUT AMERICA'S FUTURE. WE JUST NEED TO REMEMBER WHO WE WE JUST NEED TO REMEMBER WHO WE ARE. ARE. WE ARE THE UNITED STATES OF WE ARE THE UNITED STATES OF AMERICA. AMERICA. THERE'S NOTHING, NOTHING WE THERE'S NOTHING, NOTHING WE CAN'T DO WHAT WE DO IT CAN'T DO WHAT WE DO IT TOGETHER. TOGETHER. I THANK YOU ALL FOR LISTENING. I THANK YOU ALL FOR LISTENING. TAKING THE TIME TONIGHT TAKING THE TIME TONIGHT TO