📄 Extracted Text (5,558 words)
[00:00:03] Hello everybody.
[00:00:05] >> This is a big one. If you're into
[00:00:09] environment, this is about as big as it
[00:00:11] gets, they tell me. And it's an honor
[00:00:15] to be here with a terrific person who's
[00:00:18] worked so hard on this and some other
[00:00:21] terrific people. Thank you very much.
[00:00:24] Uh, but I'm pleased to be joined today
[00:00:26] by EPA Administrator
[00:00:30] Lee Zelden, who you all know, and to
[00:00:32] announce the single largest deregulatory
[00:00:35] action in American history.
[00:00:38] That's a big statement in American
[00:00:40] history. And I think we can add the
[00:00:43] words by far.
[00:00:45] Under the process just completed by the
[00:00:48] EPA, we are officially terminating the
[00:00:51] so-called endangerment finding, a
[00:00:54] disastrous Obama era policy that
[00:00:56] severely damaged the American auto
[00:00:59] industry and massively drove up prices
[00:01:01] for American consumers. Prices went up
[00:01:05] incredibly for a worse product. This
[00:01:09] action will eliminate over $1.3 trillion
[00:01:11] of regulatory cost and help bring car
[00:01:14] prices tumbling down dramatically.
[00:01:18] You're going to get a better car. You're
[00:01:20] going to get a car that starts easier, a
[00:01:21] car that works better for a lot less
[00:01:24] money.
[00:01:26] In 2009, Barack Hussein Obama,
[00:01:29] his EPA designated fossil fuels such as
[00:01:34] oil,
[00:01:36] gas,
[00:01:38] and other things that actually make
[00:01:42] factories rock and roll and other things
[00:01:46] drive very nicely as a threat to health
[00:01:49] and human welfare. Known as the
[00:01:51] endangerment finding, this determination
[00:01:54] had no basis. in fact had none
[00:01:56] whatsoever and it had no basis in law.
[00:01:59] On the contrary, over the generations,
[00:02:01] fossil fuels have saved [snorts]
[00:02:03] millions of lives and lifted billions of
[00:02:05] people out of poverty and all over the
[00:02:07] world. And you see it with the blackouts
[00:02:09] all over where they don't use it, where
[00:02:11] they went to wind, intermittent wind,
[00:02:14] which is weak and ineffective and very,
[00:02:17] very costly, most costly energy there
[00:02:20] is. And people are dying because there
[00:02:23] was no air conditioning or there was no
[00:02:26] heating. Lots of other things, bad
[00:02:28] things happened. And yet this radical
[00:02:31] rule became the legal foundation for the
[00:02:33] Green New Scam. One of the greatest
[00:02:35] scams in history, probably as great,
[00:02:38] maybe even greater than Russia, Russia,
[00:02:39] Russia hoax, etc., which the Obama and
[00:02:42] Biden administration used to destroy
[00:02:44] countless jobs. And the jobs have been
[00:02:47] just decimated.
[00:02:49] Although they're all coming back because
[00:02:50] of tariffs, they're all coming back into
[00:02:52] our country at levels we've never seen
[00:02:55] before.
[00:02:57] But it raised prices and caused immense
[00:02:59] harm to the US auto industry. We thought
[00:03:03] irreparable, but we've got them back.
[00:03:05] We're coming back now. I was in uh
[00:03:08] Detroit as you know with Ford and they
[00:03:11] had one of the earliest plans from the
[00:03:12] early 1900s and it was uh going to be
[00:03:17] closed down and then when I won they
[00:03:20] said let's keep it open for a little
[00:03:21] while. Let's see what happens. And they
[00:03:22] just announced as you know they're going
[00:03:24] 24 hours around the clock with that same
[00:03:26] plant that was going to be closed
[00:03:28] because of what we've done. For example,
[00:03:31] under the endangerment finding, they
[00:03:33] forced the hated start stop feature onto
[00:03:38] American consumers, which unnecessarily
[00:03:41] shuts off a car's engine when you stop
[00:03:43] at a red light. In other words, the
[00:03:45] engine goes off. That's great. The
[00:03:47] endangerment finding was also used to
[00:03:49] impose the massive and really very
[00:03:52] expensive
[00:03:54] electric vehicle mandate. Expensive in
[00:03:56] the sense that nobody wanted it.
[00:03:58] Everybody was going to be forced to buy
[00:04:01] an electric car in a very short period
[00:04:03] of time, even though you can't power the
[00:04:04] car because we would have had to spend5
[00:04:06] trillion dollars on power stations.
[00:04:09] That's all dead, gone, over. These
[00:04:12] crippling restrictions were a major
[00:04:14] factor in driving up car prices to
[00:04:17] unprecedented levels. And the car that
[00:04:19] you were getting was not nearly as good.
[00:04:22] In four years under the Biden
[00:04:24] administration, the price of a new and
[00:04:26] used car rose more than 22%.
[00:04:29] All to facilitate the green new scam
[00:04:31] without achieving any meaningful impact
[00:04:34] on the environment but making the car
[00:04:36] worse.
[00:04:38] That is why effective immediately, we
[00:04:40] are repealing the ridiculous
[00:04:42] endangerment finding and terminating all
[00:04:44] additional green emission standards
[00:04:46] imposed unnecessarily
[00:04:49] on vehicle models and engines between
[00:04:52] 2012 and 2027 and beyond.
[00:04:55] This action will save American consumers
[00:04:59] trillions of dollars
[00:05:01] and will lower the average cost of a new
[00:05:04] vehicle by close to $3,000.
[00:05:09] Think of that. During my campaign, I
[00:05:11] promised to cut 10 old regulations for
[00:05:14] every new regulation.
[00:05:16] And we've exceeded that. We've instead
[00:05:19] done it 10 regulations. We were able to
[00:05:22] cut
[00:05:24] 129. So now we cut 129. So think of
[00:05:28] that. I promised to cut 10 old
[00:05:31] regulations for every new one. But we
[00:05:33] did more than 10. We did 129.
[00:05:36] It's something nobody can even believe
[00:05:38] it. So we we did a lot of regulation
[00:05:40] cutting in the first administration, a
[00:05:42] record. Nobody even close to it now.
[00:05:44] We're actually exceeding it in this
[00:05:46] administration.
[00:05:48] The biggest one yet that we've done is
[00:05:51] happening right now. So perhaps no
[00:05:54] industry has benefited more from our
[00:05:56] historic deregulation campaign than the
[00:05:58] US auto industry. We cancelled the E
[00:06:02] EPA's absurd, just totally absurd,
[00:06:06] tailpipe emission standards, which was a
[00:06:09] disaster for automobile manufacturing
[00:06:12] and revoke Biden's emissions waiver that
[00:06:14] would have allowed California to
[00:06:16] regulate automobiles for the entire
[00:06:18] nation. And they're crazy out in
[00:06:21] California. They have nothing but
[00:06:23] trouble out there, as you know, and
[00:06:24] that's why people are leaving in record
[00:06:26] numbers. I also ended Joe Biden's
[00:06:28] extreme cafe emission standards, saving
[00:06:31] the average American consumer much more
[00:06:34] than $1,000
[00:06:36] when they buy a new car. But now we're
[00:06:38] talking about close to $3,000.
[00:06:41] These regulation cuts, combined with our
[00:06:43] tax cuts and tariffs, are the reason why
[00:06:46] the world's largest automakers have
[00:06:48] announced that they're going to be
[00:06:50] spending in excess of 100 billion
[00:06:52] dollars in the United States
[00:06:55] in the next very short period of time
[00:06:57] building new auto plants. We're bringing
[00:07:01] our auto plants, assembly plants, and
[00:07:03] factories roaring back to life. Not even
[00:07:06] mentioning AI and all of the other
[00:07:07] things. We're building thousands of
[00:07:09] businesses in the United States. And if
[00:07:12] you remember on my first day, they said
[00:07:14] if I could ever get the DAO up to 50,000
[00:07:20] in my last year. In other words, in in
[00:07:22] the fourth year, that it would be an
[00:07:25] unbelievable miracle.
[00:07:27] But don't worry about it because it'll
[00:07:29] never happen, they said. And if I could
[00:07:31] get the S&P up to 7,000, they said in
[00:07:34] the fourth year, they said it will never
[00:07:36] happen. Let's not even talk about I have
[00:07:38] things. Let's not even waste our time
[00:07:40] talking about well at the very end of my
[00:07:44] first year the Dow hit 50,000. Now it's
[00:07:49] over 50,000
[00:07:51] and three days before that the S&P hit
[00:07:53] 7,000. So we didn't have to wait till
[00:07:56] the end of the fourth year. We just
[00:07:58] waited till the end of the first year.
[00:08:00] Uh we've never had a country in a
[00:08:02] position like this. And a lot of it's
[00:08:04] due to tariffs and a lot of it's due to
[00:08:06] the fact that we had a great election
[00:08:08] and a lot of good things have been done.
[00:08:11] One of the good things I did was put Lee
[00:08:13] Zelden in charge of our environment. So
[00:08:15] I'm going to ask Lee to say a few words.
[00:08:17] Thank you very much.
[00:08:20] Thanks.
[00:08:22] Thank you, Mr. President. This is a big
[00:08:25] deal. Under President Trump's leadership
[00:08:28] today, the Trump EPA has finalized the
[00:08:31] single largest act of deregulation in
[00:08:34] the history of the United States of
[00:08:36] America. Referred to by some as the holy
[00:08:40] grail of federal regulatory overreach,
[00:08:43] the 2009 Obama EPA endangerment finding
[00:08:46] is now eliminated.
[00:08:49] This action will save American taxpayers
[00:08:51] over $1.3
[00:08:53] trillion.
[00:08:56] What that means is lower prices, more
[00:08:58] choices, and an end of heavy-handed
[00:09:01] climate policies. With today's
[00:09:04] announcement, American families will
[00:09:06] save over 2400 vehic $2,400 for a new
[00:09:10] vehicle.
[00:09:12] 16 years ago, an ideological crusade
[00:09:14] within the Obama administration set off
[00:09:17] the most costly regulatory power grab
[00:09:20] our country has ever experienced.
[00:09:23] The 2009 Obama EPA endangerment finding
[00:09:26] led to trillions of dollars and
[00:09:28] regulations that strangled entire
[00:09:31] sectors of the United States economy,
[00:09:33] including the American auto industry. It
[00:09:36] claimed new powers over the vehicles we
[00:09:38] drive, even though the best reading of
[00:09:40] the Clean Air Act clearly states
[00:09:42] otherwise. The Obama and Biden
[00:09:45] administrations used it to steamroll
[00:09:48] into existence a left-wing wish list of
[00:09:51] costly climate policies, electric
[00:09:53] vehicle mandates, and other requirements
[00:09:56] that assaulted consumer choice and
[00:09:58] affordability.
[00:10:00] And who paid the biggest price?
[00:10:03] hard-working families,
[00:10:05] small businesses, millions of Americans
[00:10:07] who just want a reliable, affordable car
[00:10:09] to get to work, take their kids to
[00:10:12] school, or go to church on Sunday. The
[00:10:16] endangerment finding and the regulations
[00:10:18] that were based on it didn't just
[00:10:19] regulate admissions. It regulated and
[00:10:22] targeted the American dream. And now the
[00:10:26] endangerment finding is hereby
[00:10:27] eliminated as well as all greenhouse gas
[00:10:30] emission standards that followed.
[00:10:33] The red tape has been cut. Manufacturers
[00:10:36] will no longer be burdened by measuring,
[00:10:39] compiling, or reporting greenhouse gas
[00:10:41] emissions for vehicles and engines. And
[00:10:44] the forced transition to electric
[00:10:46] vehicles is eliminated.
[00:10:50] No longer will automakers be pressured
[00:10:52] to shift their fleets towards electric
[00:10:55] vehicles, vehicles that are still
[00:10:57] sitting unsold on dealer lots all across
[00:11:00] America. And as a cherry on top, we are
[00:11:03] ending the federal government's push to
[00:11:05] get manufacturers to install that Obama
[00:11:08] switch, the almost universally despised
[00:11:11] start stop feature. There will be no
[00:11:14] more climate participation trophies
[00:11:16] awarded to manufacturers for making
[00:11:18] Americans cars die at every red light
[00:11:20] and stop sign. It's over, done,
[00:11:23] finished. Under President Trump's
[00:11:26] leadership, vehicle manufacturers can
[00:11:28] once again build what Americans want,
[00:11:30] not what politicians and bureaucrats in
[00:11:33] Washington demand.
[00:11:35] President Trump campaigned on reviving
[00:11:37] the auto industry and he continues to
[00:11:40] deliver win after win after win, ending
[00:11:43] electric vehicle mandates, getting rid
[00:11:44] of the Biden cafe standards with
[00:11:47] Secretary of Transportation Shawn Duffy,
[00:11:49] and securing massive new US
[00:11:51] manufacturing investments and all of the
[00:11:53] jobs that come with it. Affordable cars
[00:11:56] mean opportunity. That means jobs,
[00:11:59] health care, education, and mobility.
[00:12:03] especially for working families and
[00:12:04] rural Americans who rely on their
[00:12:06] vehicles every single day. And this
[00:12:09] isn't just about making the American
[00:12:10] economy boom. It's also about restoring
[00:12:13] the rule of law, a fundamental principle
[00:12:16] of our great republic. For years,
[00:12:18] unelected bureaucrats twisted the Clean
[00:12:21] Air Act into something it was never
[00:12:23] meant to be. The Obama administration
[00:12:26] twisted itself into some kind of mental
[00:12:28] pretzel to invoke authority it didn't
[00:12:31] have and to sidestep Congress. They
[00:12:34] claimed that six greenhouse gas
[00:12:36] emissions from vehicles, some of which
[00:12:39] aren't even emitted from vehicles and
[00:12:41] trucks, contribute some amount above
[00:12:44] zero to global climate change, what they
[00:12:46] said endangered public health. But their
[00:12:50] wild web of mental leaps isn't
[00:12:52] prescribed in federal statute.
[00:12:55] The Obama EPA's House of Cards upended
[00:12:58] the best reading of the Clean Air Act,
[00:13:00] as well as 50 years of EPA president on
[00:13:02] what constitutes regulable air
[00:13:04] pollution. In the 16 years in that
[00:13:07] intervened, the Supreme Court has
[00:13:10] established clear precedent in
[00:13:12] Loperbrite Enterprises and West Virginia
[00:13:14] vers EPA. And in light of these Supreme
[00:13:18] Court decisions and other developments
[00:13:20] upon his swearing in last year,
[00:13:23] President Trump immediately tasked on
[00:13:25] day one
[00:13:28] submitting requirements,
[00:13:29] recommendations, research on the
[00:13:31] legality and continued applicability of
[00:13:33] the 2009 endangerment finding. And at
[00:13:35] Trump's speed, he wanted that research
[00:13:38] and recommendation turned around
[00:13:39] instantly. We looked at the Clean Air
[00:13:42] Act. We looked at what the highest court
[00:13:44] in the land had said and we used a very
[00:13:47] simple metric. If Congress didn't
[00:13:50] authorize it, EPA shouldn't be doing it.
[00:13:54] Congress never voted for these climate
[00:13:56] mandates inside of section 202 of the
[00:13:58] Clean Air Act. If Congress wants EPA to
[00:14:01] regulate the heck out of greenhouse
[00:14:03] gases emitted from motor vehicles, then
[00:14:05] Congress can clearly make that the law,
[00:14:07] which they haven't done for good reason.
[00:14:11] Today, we dismantle the tactics and
[00:14:13] legal gymnastics used by the Obama and
[00:14:15] Biden administrations to backdoor their
[00:14:18] ideological agendas on the American
[00:14:19] people. Following the plain language of
[00:14:23] the law, we have now realigned EPA's
[00:14:25] rulemaking to reflect the Clean Air Act
[00:14:27] exactly as it is written and as Congress
[00:14:30] intended, not as others might wish it to
[00:14:32] be. Were our predecessors focused on
[00:14:36] trying to make and please a few
[00:14:39] fear-mongering climate alarmists?
[00:14:42] The Trump EPA is making decisions to
[00:14:44] benefit all Americans based on common
[00:14:46] sense and reality. And the American
[00:14:49] people are tired of paying the price of
[00:14:51] political games. Last November, they
[00:14:54] voted for an administration that would
[00:14:55] listen to them. They told us that the
[00:14:58] price of a newer, safer vehicle was too
[00:15:01] high. They told us they didn't want cars
[00:15:04] that shut off at every red light. They
[00:15:07] told us dealers were sitting on lots
[00:15:09] filled with electric vehicles that
[00:15:11] nobody want or were buying. The Trump
[00:15:13] EPA listened. We heard you and we acted.
[00:15:17] And today's action does not change
[00:15:19] regulations on traditional air
[00:15:20] pollutants and air toxics. This EPA is
[00:15:23] committed to providing clean air for all
[00:15:25] Americans. Powering the great American
[00:15:28] comeback is based on the singular focus
[00:15:30] of providing clean air, land, and water
[00:15:32] for all Americans while harnessing the
[00:15:35] greatness of the American economy.
[00:15:37] That's a big difference from our
[00:15:38] predecessor. We believe that we can and
[00:15:41] must choose both. If you want an
[00:15:44] electric vehicle, buy one. If you want a
[00:15:47] diesel truck, then buy that. If you want
[00:15:51] a gas powered vehicle or hybrid, well,
[00:15:53] more power to you. That's what freedom
[00:15:56] and choice look like. We're restoring
[00:16:00] the rule of law. We're grounding policy
[00:16:01] in reality. We're giving power back to
[00:16:03] the American people.
[00:16:06] And we're bringing back the American
[00:16:07] dream stronger than ever before. EPA
[00:16:10] will never waver on its core mission of
[00:16:12] protecting human health and the
[00:16:14] environment. And this administration
[00:16:15] knows we can do that while ushering in
[00:16:17] the golden age of America. To recap, the
[00:16:21] 2009 Obama EPA endangerment finding and
[00:16:25] all greenhouse gas emission standards on
[00:16:27] light, medium, and heavy duty vehicles
[00:16:29] that followed is eliminated.
[00:16:33] American families now will save over
[00:16:35] 2400 vehicle $2,400 for a new vehicle.
[00:16:40] Today, the single largest act of
[00:16:42] deregulation in the history of the
[00:16:44] United States, over $1.3 trillion, the
[00:16:48] elimination of the endangerment finding
[00:16:49] is signed, sealed, and delivered
[00:16:55] >> regularly.
[00:16:57] That was long,
[00:16:59] but good. It was good. Maybe I should
[00:17:03] say great. It was great, and we
[00:17:06] appreciate it. Uh would you have
[00:17:09] anything to say Russ please?
[00:17:13] >> Thank you Mr. President. Literally no
[00:17:14] other president would have done this to
[00:17:17] get at the foundations of the Green New
[00:17:19] Deal. So tremendously excited that we
[00:17:21] are where we are today. Great work by
[00:17:23] Lee. I'm a little worried that this next
[00:17:25] year will be EPA alone will be dereg
[00:17:28] east by the number of things that are
[00:17:29] become come out of EPA. So great work to
[00:17:32] the team. $1.3 trillion in savings.
[00:17:36] massive historical opportunity. Thank
[00:17:38] you.
[00:17:38] >> Thank you. Please
[00:17:41] like to speaky
[00:17:44] of it. Good man.
[00:17:45] >> Thank you, Mr. President. Uh today is a
[00:17:48] historic day led by President Trump's
[00:17:50] leadership. Uh no other president, as
[00:17:52] Russ said, uh would have undertaken this
[00:17:55] um and and at the speed we did. It was a
[00:17:58] great team effort. Uh this is the the
[00:18:00] the the model of the Trump
[00:18:03] administration. everyone working
[00:18:04] together, mission aligned.
[00:18:08] >> And Lee is also working on uh cleaning
[00:18:12] up the horrible situation with regard to
[00:18:15] farm equipment. Uh you could use John
[00:18:19] Deere as an example and other companies
[00:18:23] uh where tractors are unbelievably
[00:18:27] expensive and don't work as well because
[00:18:29] of all of the environmental nonsense
[00:18:31] that was put on them. Uh also
[00:18:33] excavators, any any equipment like that,
[00:18:36] bulldozers,
[00:18:38] uh caterpillar, tractor would be a
[00:18:41] beneficiary, I guess. But the people are
[00:18:42] going to be a beneficiary because the
[00:18:44] equipment is going to be a lot uh less
[00:18:47] expensive and it's going to also most
[00:18:49] importantly it's going to work much
[00:18:50] better. Much better. So, we're working
[00:18:53] on that uh immediately as we speak. It
[00:18:56] will probably make it so that any of
[00:18:58] that equipment built in the United
[00:18:59] States will not have to go through this.
[00:19:01] If it's built outside, I think we'll
[00:19:03] probably leave the standard the same. If
[00:19:05] people are going to send us equipment,
[00:19:07] let them have that standard for whatever
[00:19:08] it's worth, which is not much. And uh I
[00:19:11] think that's a very big announcement,
[00:19:13] too. And we're going to see if we can
[00:19:15] get that done very quickly so that uh
[00:19:17] all of that equipment that we have made,
[00:19:20] including lawnmowers, etc.,
[00:19:22] uh we you won't have to go to the finest
[00:19:25] schools in the world in order to figure
[00:19:26] out how to operate it. Okay. So, uh any
[00:19:30] questions for
[00:19:32] >> Thank you for this. And after this much
[00:19:34] supported move to roll back the former
[00:19:35] EPA's endangerment finding, what
[00:19:37] additional steps do you plan on taking
[00:19:39] to scale back what many are calling
[00:19:41] climate industry scams specifically? And
[00:19:44] Secretary Velda knows about these wind
[00:19:46] turbines they're trying to bring to New
[00:19:47] York. uh judge is allowing them to be
[00:19:49] rebuilt right near your hometown in
[00:19:51] Jamaica, Queens. They're being called a
[00:19:53] national security threat for air traffic
[00:19:55] coming into the airport. What could you
[00:19:57] do to make sure these things happen?
[00:19:58] >> Well, we're trying to make sure it
[00:19:59] doesn't happen. And we've basically
[00:20:01] stopped all windmills in this country.
[00:20:04] It's the most expensive energy you can
[00:20:06] get. They're all made in China, a little
[00:20:08] bit in Germany, but mostly in China. And
[00:20:11] we're putting them all over our fields
[00:20:12] and ruining the fields and killing the
[00:20:14] birds and all of this. And the
[00:20:15] environmentalists say they like them,
[00:20:17] but they really are a tremendous isore.
[00:20:19] They ruined Europe is gone, as you know,
[00:20:22] it's gone to it. Europe isn't even
[00:20:24] recognizable anymore. It's between
[00:20:26] immigration and because of, you know,
[00:20:28] environmental things like the windmills,
[00:20:30] which are taking over. The people hate
[00:20:33] them. Uh the energy is by far the most
[00:20:35] expensive. And we're fighting very hard
[00:20:38] to make sure that they don't get built.
[00:20:40] I hope we don't have one built during my
[00:20:42] administration. We inherited some
[00:20:45] contracts where uh they've gone down the
[00:20:47] line a little bit. We're trying to
[00:20:48] terminate them for a lot of different
[00:20:50] reasons. One of the reasons, as you had
[00:20:52] mentioned, it's endangerment for the
[00:20:54] military. It's also endangerment for
[00:20:56] airliners. So, we're trying to uh take
[00:20:59] care of those situations now. They
[00:21:00] should have never been allowed in the
[00:21:01] first place.
[00:21:03] >> Yeah, please.
[00:21:04] >> Thank you so much for questions. What do
[00:21:06] you tell Americans who are concerned
[00:21:08] that the 1.3 trillion dollars in savings
[00:21:11] does come at a to public health and the
[00:21:14] environment based on science.
[00:21:15] >> I tell them, don't worry about it
[00:21:17] because it has nothing to do with public
[00:21:19] health. This was all a scam, a giant
[00:21:21] scam. This was a ripoff of the country
[00:21:25] by Obama and Biden. And let's say Obama
[00:21:29] started it and got it rolling and a
[00:21:32] terrible ripoff. They'll have more money
[00:21:35] to spend for health care. You look at it
[00:21:37] now. they can go out and spend on
[00:21:38] something that's meaningful. And
[00:21:40] nobody's doing more for healthcare than
[00:21:42] the Republican party. And that starts
[00:21:43] with the fact that prescription drugs
[00:21:46] are going to be coming down at numbers
[00:21:47] that nobody's ever seen before. They're
[00:21:49] falling. You know, we were paying the
[00:21:51] highest prices in the world by far,
[00:21:53] sometimes by 10 times more than other
[00:21:55] countries. Now, we're going to be paying
[00:21:57] whatever the lowest prices anywhere in
[00:21:59] the world. We're going to be paying
[00:22:00] that. It's called favored nations. Most
[00:22:02] favored nations. And I think it's the
[00:22:05] biggest thing to happen in this world.
[00:22:07] the world of medicine, prescription
[00:22:09] drugs ever. There's never been anything
[00:22:11] like it. You know, if uh like in my
[00:22:14] third year, first term, I actually got
[00:22:17] prices down one quarter or 1/8 of a
[00:22:19] percent. And I was so proud of myself
[00:22:21] because they were like that for years
[00:22:23] and years. And since under Biden, they
[00:22:26] went up very, very substantially. And
[00:22:29] now they're coming down by depending on
[00:22:31] you could say 500 600 700% depending on
[00:22:34] the way you want to or you could say
[00:22:35] 80%.
[00:22:37] It doesn't matter. Uh they're coming
[00:22:39] down by numbers that nobody ever thought
[00:22:42] possible. I got it all done and I got it
[00:22:44] all approved and all of the countries
[00:22:46] all over the world are going to pay
[00:22:47] more. They've agreed to pay more because
[00:22:49] of tariffs. I said if you don't do it,
[00:22:50] we're going to have to tariff you and
[00:22:52] they've all agreed to do it. Otherwise,
[00:22:53] they would have never done it. That was
[00:22:54] why no president has ever been able to
[00:22:56] get it done. Please.
[00:22:57] >> Yeah, Mr. President, you took more than
[00:22:59] 600 deregulatory actions in the first
[00:23:01] year here. Coming from the business
[00:23:03] world, you know how unnecessary red tape
[00:23:05] can hinder business expansion,
[00:23:07] investment expansion. Given the
[00:23:09] magnitude of this announcement here
[00:23:11] today and the degary action you took in
[00:23:13] your first year, how much economic
[00:23:15] growth can we expect to see as return?
[00:23:18] >> It's a great question. I think that
[00:23:19] it'll be enormous. Who knows really what
[00:23:21] the number is, but I can tell you in
[00:23:23] terms of economic growth, we have $18
[00:23:25] trillion being invested in this country
[00:23:28] right now. The most ever of any country
[00:23:30] by far. Not even close. Think of it no
[00:23:33] matter where, not just here. $18
[00:23:35] trillion is coming in. And that money is
[00:23:37] being spent right now as we speak. And
[00:23:39] new plants and equipments. And you
[00:23:42] [snorts] may have heard Lee mentioned, I
[00:23:44] mentioned also that over a hundred
[00:23:46] billion dollars is going to be spent in
[00:23:48] this very short period of time just by
[00:23:50] foreign auto companies on building auto
[00:23:52] plants in the United States. I'm the
[00:23:54] greatest thing that ever happened to the
[00:23:55] United Auto Workers. You know, the head
[00:23:58] man was not been nice to me. But now I
[00:24:00] understand he's saying this greatest
[00:24:02] auto president in history. But the auto
[00:24:05] workers gave me their vote and they knew
[00:24:06] what I was doing and they know they know
[00:24:08] what needed to be done. The tariffs
[00:24:11] saved them, but this is now taken it to
[00:24:13] a level that I think Lee that nobody
[00:24:15] ever thought even possible. They thought
[00:24:16] this was um nobody would have the
[00:24:19] courage to do it. We have to have the
[00:24:20] courage to do it because we're making
[00:24:22] America great again. This is a big a big
[00:24:24] factor in making our country great. Uh
[00:24:27] if you look at some of these cars, they
[00:24:28] didn't even work. They had computers all
[00:24:31] over the place trying to save a half an
[00:24:33] ounce of of fuel. We have fuel for the
[00:24:36] next 500 to a thousand years under our
[00:24:38] feet. and they're trying like hell to
[00:24:41] save a half an ounce of fuel. The whole
[00:24:45] thing is just crazy. Please
[00:24:48] >> go ahead, please.
[00:24:48] >> Mr. President, is um climate cooperation
[00:24:51] with China no longer in America's
[00:24:53] interest. And could you please confirm
[00:24:55] that you're going to visit China the
[00:24:56] first week of April?
[00:24:57] >> Yeah, I'll be visiting President Xi in
[00:24:59] April. Look forward to it. He's coming
[00:25:01] here later in the year and I look very
[00:25:04] much forward to it. No, our relationship
[00:25:06] with China is very good right now and uh
[00:25:08] this is you know not relevant too much
[00:25:11] having to do with China what we're
[00:25:13] announcing today but no my relationship
[00:25:15] with President she's very good. Yes. Mr.
[00:25:17] >> President following your meeting with
[00:25:19] Prime Minister Netanyahu yesterday has
[00:25:21] your thinking changed at all as it
[00:25:23] relates to these negotiations with Iran
[00:25:26] with Iran?
[00:25:27] >> We have to make a deal otherwise it's
[00:25:28] going to be very traumatic. Very
[00:25:31] traumatic. Uh I don't want that to
[00:25:32] happen but we have to make a deal.
[00:25:35] uh they should have made a deal the
[00:25:36] first time and they got midnight hammer
[00:25:38] instead and this will be very traumatic
[00:25:41] for Iran if they don't make a deal.
[00:25:43] Look, if they don't make a deal then uh
[00:25:46] it'll be a different story. But we had a
[00:25:48] very good meeting yesterday with BB
[00:25:50] Netanyahu and uh he understands but it's
[00:25:55] ultimately up to me. If the uh deal
[00:25:58] isn't a very fair deal and a very good
[00:26:00] deal with Iran, then it's going to be a
[00:26:02] I think a very difficult time for them
[00:26:04] in the back
[00:26:06] >> uh I guess over the next month something
[00:26:10] like that. Yeah. Shouldn't take I mean
[00:26:12] it should happen quickly. They should
[00:26:13] agree very quickly. Yeah.
[00:26:15] >> Mr. President, we might be heading into
[00:26:16] a partial government shutdown. When was
[00:26:18] the last time you spoke with Chuck
[00:26:19] Schumer? And do you still feel Democrats
[00:26:21] are negotiating in good faith? Well, a
[00:26:23] week ago I spoke, but you know, we have
[00:26:25] to protect our law enforcement. Uh,
[00:26:27] actually the Supreme Court gave a ruling
[00:26:30] or one of the courts gave a very big
[00:26:31] ruling on masks that you have the right
[00:26:33] to use them, you know, for personal
[00:26:35] protection if you want. So, I don't know
[00:26:36] how that interjects. You know, they want
[00:26:39] our our law enforcement to be total
[00:26:42] totally vulnerable and uh put them in a
[00:26:45] lot of danger. They have some things
[00:26:46] that are really very hard to very very
[00:26:49] hard to approve. Frankly uh as you know
[00:26:52] it only it's only protect we had various
[00:26:55] of the other bills that's all done but
[00:26:57] we're left with this one we have to
[00:26:59] protect our law enforcement very
[00:27:01] important
[00:27:02] >> please why does Prime Minister Netanyahu
[00:27:04] want you to stop negotiating with
[00:27:07] >> uh he is you're saying [snorts] stop
[00:27:10] entertaining stop talking to them didn't
[00:27:13] say that we didn't discuss that I'll
[00:27:15] talk to them as long as I like and we'll
[00:27:18] see if we can get a deal with them and
[00:27:19] if we and uh we'll have to go to phase
[00:27:21] two. Phase two will be very tough for
[00:27:23] them. I'm not looking for that.
[00:27:25] >> Mr. Mr. President, there are currently
[00:27:27] zero Israeli hostages left in Gaza
[00:27:29] because of you.
[00:27:31] >> Thank you for that. Um and now that the
[00:27:32] war is ending in Gaza and Israel, I
[00:27:35] wanted to ask, do you believe BB bears
[00:27:37] any responsibility for the security
[00:27:38] failures that we saw on October 7th?
[00:27:40] >> Well, October 7th was a rough time and I
[00:27:42] guess everybody's responsible, which you
[00:27:45] to look, but it was a terrible attack.
[00:27:48] It was a sneak attack. Uh it was as
[00:27:50] violent as I've you know unfortunately
[00:27:52] I've seen some of the results at levels
[00:27:56] that probably even you good reporter but
[00:27:58] probably you haven't seen. It was a
[00:28:00] horrible thing that took place. Uh
[00:28:02] people was surprised. It was a surprise
[00:28:04] attack. Nobody saw that coming. He
[00:28:06] didn't see it coming. Nobody else would
[00:28:08] have seen it coming if they were in his
[00:28:09] position. I don't believe. Uh but uh I
[00:28:12] can tell you he's been a very good
[00:28:14] wartime prime minister. He's been very
[00:28:16] strong. We've worked with him very well.
[00:28:17] We had tremendous success with Iran and
[00:28:20] everything else we've done and he really
[00:28:22] has been. He's been, you know,
[00:28:24] extraordinary as far as a wartime prime
[00:28:26] minister. Not easy. And uh, you know,
[00:28:29] you have a president that refuses to
[00:28:31] give him a pardon. I think that man
[00:28:33] should be ashamed of himself, a pardon
[00:28:35] over this trial that's going on.
[00:28:37] President of Israel, the primary power
[00:28:40] he's got is the power to give pardons.
[00:28:42] and he's not, you know, he said he's
[00:28:45] given it five different times, but he
[00:28:47] doesn't want to do it because I guess he
[00:28:48] loses his power. I think the people of
[00:28:50] Israel should really shame him. He's
[00:28:52] he's he's disgraceful for not giving it.
[00:28:55] He should give it. But, uh, BB has been
[00:28:58] a great wartime prime minister, and I've
[00:29:00] been the best friend
[00:29:02] to Israel, I think, that they've ever
[00:29:04] had. A lot of people say beyond
[00:29:06] presidents that they've ever had and we
[00:29:09] will continue to be. Yes, ma'am. On the
[00:29:11] Save Act, Mr. President, voter ID polls
[00:29:13] very well nationally. Even the majority
[00:29:15] of Democrat voters want it, right?
[00:29:17] >> So, why do you think Senate Democrats
[00:29:18] are resisting the Save Act and what is
[00:29:20] your strategy and realistic pathway to
[00:29:22] getting the Save Act passed to ensure
[00:29:24] free and fair elections for the next
[00:29:26] generation?
[00:29:26] >> It's such a great question. I appreciate
[00:29:28] it actually because it's called the Save
[00:29:30] America Act. We've changed the name.
[00:29:32] It's the Save America Act and the
[00:29:37] Democrats are against it. I heard one of
[00:29:39] them say, "We will stop the Save America
[00:29:41] Act." No, we're trying to save America.
[00:29:44] And it has to do with largely voting.
[00:29:46] And basically, it's got three very
[00:29:48] simple points. It's got voter ID, photo
[00:29:51] ID, but voter ID with a photo, right?
[00:29:55] It's got the confirmation of US
[00:29:59] citizenship. You have to be a citizen.
[00:30:01] So, you have a vote, you have an ID.
[00:30:04] That's about a 99% one. and I think 90%
[00:30:07] with Democrats. Then you have
[00:30:10] confirmation US citizenship. That's
[00:30:12] about a 99% one with Republicans, about
[00:30:17] 86% with Democrats, except Democrat
[00:30:20] politicians because they cheat on
[00:30:21] elections. And then you have no mail-in
[00:30:25] ballots, and there would be no mail-in
[00:30:27] ballots. Very important. You know, we're
[00:30:29] the only country in the world that does
[00:30:30] a system like we do. We're the only
[00:30:33] country in the world that has mail and
[00:30:34] ballots.
[00:30:36] The way we do this is unbelievable. It
[00:30:38] guarantees cheating. So, it's no mail-in
[00:30:41] ballots with the exception of
[00:30:42] disability,
[00:30:43] >> [snorts]
[00:30:43] >> illness, military, or if you're
[00:30:46] traveling, you can get an exemption. You
[00:30:48] know, if you happen to be uh out of the
[00:30:51] country for a good reason, you can have
[00:30:53] an exemption. So, with exceptions, it's
[00:30:56] no mail-in ballots, and that will assure
[00:31:00] the security of our crooked elections.
[00:31:03] We have crooked elections. Yeah.
[00:31:05] >> Mr. Mr. President, have you fired or
[00:31:07] disciplined that staffer who posted the
[00:31:10] video from your account that included
[00:31:12] the Obamas?
[00:31:13] >> No, I haven't. That was a video on, as
[00:31:16] you know, voter fraud and fairly long
[00:31:19] video and they had a little piece and
[00:31:20] had to do with the Lion King. It's been
[00:31:21] very well uh it's been shown all over
[00:31:24] the place long before that was posted,
[00:31:27] but that was a that was a very strong uh
[00:31:32] if you and I'm sure you saw it a very
[00:31:34] strong piece on voter fraud and the
[00:31:37] piece that you're talking about was all
[00:31:39] over the place many times I believe for
[00:31:41] years. Yeah. Please,
[00:31:43] >> Mr. President, were you aware that
[00:31:44] Secretary of Commerce visited Epstein?
[00:31:48] >> No, I wasn't aware of it. No, I didn't.
[00:31:50] I actually haven't spoken to him about
[00:31:52] it. I wasn't. But from what I hear, he
[00:31:54] was there with his wife and children.
[00:31:55] And I guess in some cases, some people
[00:31:58] were. I wasn't. I was never there.
[00:32:01] Somebody will someday say that I was
[00:32:03] never there. Uh yeah, please.
[00:32:06] >> This announcement that you made today,
[00:32:07] Mr. President, comes on the heels of the
[00:32:09] January jobs report that smashed
[00:32:11] expectations.
[00:32:12] >> Smashed all records.
[00:32:13] >> And the big feature of that was you
[00:32:15] reprivatizing the economy, an economy
[00:32:17] that was bloated with federal
[00:32:18] employment. previous president. What's
[00:32:20] your message to Americans following this
[00:32:23] jobs report that's smashing industry
[00:32:25] expectations? Is this just a sign that
[00:32:27] the best is yet?
[00:32:28] >> Thank you. The uh the jobs reports
[00:32:31] amazing in certain ways because we have
[00:32:34] tremendously fewer federal employees way
[00:32:37] down. And now I could have left them and
[00:32:39] added to what we did and we would have
[00:32:41] had almost 100% employment. I could have
[00:32:43] gotten a great kick out of the fact that
[00:32:44] we're 100% employed. But uh we got rid
[00:32:48] of tremendous numbers of uh federal
[00:32:51] workers and they hated me for it. Now
[00:32:54] they love me because most of them have
[00:32:55] gotten jobs in the private sector for
[00:32:57] two and three times more money than they
[00:32:59] were being paid by the federal
[00:33:00] government. We had some jobs where you
[00:33:02] had 10 workers for one job. 10 workers
[00:33:04] for a job that one person should be
[00:33:06] doing. And we've gotten rid of a lot of
[00:33:09] the uh those jobs. And by getting rid of
[00:33:13] them, these people became available to
[00:33:15] work in the private sector. And as you
[00:33:17] know, the numbers are incredible. So the
[00:33:19] job numbers are incredible. The
[00:33:21] financial numbers are beyond belief.
[00:33:24] Again, they thought it couldn't be done
[00:33:26] in four years, and I did it in one year.
[00:33:29] And the numbers you're going to see is
[00:33:30] these uh I don't know if you notice also
[00:33:33] construction numbers, the jobs for
[00:33:34] construction workers. You know why?
[00:33:35] Because they're building plants all over
[00:33:37] the United States. That's why. And when
[00:33:39] these plants open in a year from now,
[00:33:41] some sooner, some a little bit later,
[00:33:43] but when these auto plants, AI plants,
[00:33:45] and thousands of other types of plants,
[00:33:47] when they open over the next period of a
[00:33:50] year, year and a half, you're going to
[00:33:52] see numbers like we've never seen before
[00:33:53] in this country. Thank you very much,
[00:33:55] everybody. Thank you. Thank you.
[00:33:56] >> Thank you, Mr. President.
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