WATCH: Trump Unveils Plan to Protect ‘Crown Jewels’ of U.S. Economy from China

Breitbart ^ | 18 Jan 2023 | NICK GILBERTSON

[SoConPubbie]

Former President Donald J. Trump unveiled his plans to prevent Chinese companies from buying up critical components, or “the crown jewels,” of the American economy in his latest campaign platform video released Wednesday.

WATCH: President Trump Calls for a Ban on China’s Acquisition of American Infrastructure

Toward the beginning of the video, Trump highlights the many sectors of the United States economy that Chinese companies have infiltrated:

China has been spending trillions of dollars to take over the crown jewels of the United States economy and they are doing that. China is buying up our technology, they’re buying up food supplies, they’re buying up our farmland, they’re buying up our minerals and natural resources, they’re buying up our ports and shipping terminals. And with the help of corrupt influence peddlers, like the Biden Crime Family, China is even trying to buy up the pillars of the U.S. energy industry because, frankly, Biden and the group don’t care about real energy, they only care about nonsense energy – energy that doesn’t work and it never will.

Trump emphasized that the United States needs “to enact aggressive new restrictions on Chinese ownership of any vital infrastructure in the United States, including energy, technology, telecommunications, farmland, natural resources, medical supplies, and other strategic national assets.”

The 45th president laid out a vision to stop such companies from making future purchases of critical infrastructure and force companies to divest “any current holdings that put our national security at risk.”

“If we don’t do this, the United States will be owned by China, which would make them very happy,” said Trump. “When I’m president, I will ensure that America’s future remains firmly in American hands, just as I did when I was president before.”

[SoConPubbie]

As Trump points out in the clip, some United States ports are even owned by Chinese companies. The Hill’s Sam Olsen wrote last week that “[c]ompanies from China own or operate over 93 ports in 53 countries, including in Seattle and Los Angeles.”

“China does not allow American companies to take over their critical infrastructure, and America should not allow China to take over our critical infrastructure,” Trump emphasized.

[Diana in Wisconsin]

Stop Bill Gates and the WEF clowns too, while you’re at it!

[elpadre]

And doesn’t China either own or control both ends of the Panama Canal???

[wny]

didn’t he have 4 years to do this?

[devere]

China no longer has the money to buy anything. They are going broke. And even if they did, we can eventually expropriate whatever they buy on US soil.

A much more important problem is Big-Pharma’s massive corruption of the US medical profession, led by NIH, FDA, & CDC. And Trump has unfortunately made it very clear he is the least likely candidate to do anything about it.

[SoConPubbie]

didn’t he have 4 years to do this?

I always have to chuckle at the efforts of DeSanctimonious supports trying to besmirch President Trump.

They almost always come either from the perspective of Ignorance or Dishonesty.

Ignorance only applies if you had your head up your butt for 4 years.

The Dishonesty approach comes from looking for anything negative you can apply to President Trump without any supporting evidence.

Your post would have relevance if President Trump had not spent so much time fighting his own party, the GOP, the Democrats, the media, and the Courts and still made massive accomplishments for the American People.

This is like me questioning you as to why you haven't made a million dollars this week.

Same lack of logic, same lack of foundation in the facts, just an attempt to paint you as a fool and missing the mark by a mile.

So, in the hope that your post is based in a lack of information (ignorance) vs. just being a dishonest and ugly attempt to paint President Trump in a negative light because you are supporting DeSanctimonious, I will attempt to enlighten you as to enormous amount of work President Trump completed for the American People in 4 years.

Economy & Jobs

Before the Coronavirus invaded our shores, we built the world’s most prosperous economy

• America gained 7 million new jobs—more than three times government experts’ projections
• Middle-class family income increased nearly $6,000—more than five times the gains during the entire previous administration
• The unemployment rate reached 3.5 percent, the lowest in a half-century
• Achieved 40 months in a row with more job openings than job hirings
• More Americans reported being employed than ever before—nearly 160 million
• Jobless claims hit a nearly 50-year low
• The number of people claiming unemployment insurance as a share of the population hit its lowest level on record
• Incomes rose in every single metro area in the United States for the first time in nearly three decades

Delivered a future of greater promise and opportunity for citizens of all backgrounds

• Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows
• Unemployment for women hit its lowest rate in nearly 70 years
• Nearly 7 million people were lifted off of food stamps
• Poverty rates for African Americans and Hispanic Americans reached record lows
• Income inequality fell for two straight years—and by the largest amount in over a decade
• The bottom 50 percent of American households saw a 40 percent increase in net worth
• Wages rose fastest for low-income and blue-collar workers—a 16 percent pay increase
• African American homeownership increased from 41.7 percent to 46.4 percent

Brought jobs, factories, and industries back to the USA

• Created more than 1.2 million manufacturing and construction jobs
• Put in place policies to bring back supply chains from overseas
• Small business optimism broke a 35-year-old record in 2018

Hit record stock market numbers and record 401ks

• The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020
• The S&P 500 and NASDAQ have repeatedly notched record highs

Achieved a record-setting economic comeback by rejecting blanket lockdowns

• An October 2020 Gallup survey found 56 percent of Americans said they were better off now than four years ago, even in the midst of a global pandemic
• During the third quarter of 2020, the economy grew at a rate of 33.1 percent—the most rapid GDP growth ever recorded
• Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost
• Jobs have been recovered 23 times faster than the previous administration’s recovery
• Unemployment fell to 6.7 percent in November, from a pandemic peak of 14.7 percent in April—beating expectations of well over 10 percent unemployment through the end of 2020
• The 8 percentage point decline in the unemployment rate from April to November is the largest seven-month reduction ever recorded
• Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent, compared to just 3 months for the Trump Administration
• Since April, the Hispanic unemployment rate has fallen by 10.5 percent, Asian-American unemployment by 7.8 percent, and Black-American unemployment by 6.4 percent
• 80 percent of small businesses are now open, up from just 53 percent in April
• Small business confidence hit a new high
• Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006
• Manufacturing optimism nearly doubled
• Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high
• Home prices hit an all-time record high
• The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy
• Business confidence is higher in America than in any other G7 or European Union country
• Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve

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FAIR AND RECIPROCAL TRADE

Secured historic trade deals to defend American workers

• Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP)
• Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA)
• The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers
• The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over 10 years
• Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas
• Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products while ending its ban on potatoes and lamb
• Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free
• Negotiated another deal with Japan to boost $40 billion worth of digital trade
• Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff
• Reached a written, fully enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, as well as the protection of American ideas, trade secrets, patents, and trademarks
• China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect
• Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports 180 percent to $420 million
• Secured a pledge from the EU to eliminate tariffs on American lobster—the first United States-European Union negotiated tariff reduction in over 20 years
• Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests
• Engaged extensively with trade partners like the EU and Japan to advance reforms to the World Trade Organization (WTO)
• Issued a first-ever comprehensive report on the WTO Appellate Body’s failures to comply with WTO rules and interpret WTO agreements as written
• Blocked nominees to the WTO’s Appellate Body until WTO Members recognize and address longstanding issues with Appellate Body activism
• Submitted 5 papers to the WTO Committee on Agriculture to improve Members’ understanding of how trade policies are implemented, highlight areas for improved transparency, and encourage members to maintain up-to-date notifications on market access and domestic support

Took strong actions to confront unfair trade practices and put America First

• Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974
• Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property
• Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security
• Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels
• Blocked illegal timber imports from Peru
• Took action against France for its digital services tax that unfairly targets American technology companies
• Launched investigations into digital services taxes that have been proposed or adopted by 10 other countries

[SunkenCiv]

• President Trump Outlines Policy Video Calling for Ban on China Acquisition of American Infrastructure [01/19/2023]

[SoConPubbie]

didn’t he have 4 years to do this?

And here is what he accomplished in 4 years where Immigration is concerned:

Immigration

President Trump kept his promise to build a wall on our southern border between the United States and Mexico. With 450 miles complete—and many more in progress—illegal crossings plummeted over 87 percent in areas where the wall went up.

By enforcing America’s immigration laws, President Trump made major gains toward ending the humanitarian crisis at our border; keeping criminals, terrorists, and drugs out of our country; and protecting American workers and taxpayers against job loss and misuse of the welfare system.

Play

00:40

President Trump Visits the Border Wall in Calexico, California

President Trump Visits the Border Wall in Calexico, California

Administration Achievements

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ACHIEVING A SECURE BORDER

Secured the Southern Border of the United States

• Built over 400 miles of the world’s most robust and advanced border wall
• Illegal crossings have plummeted over 87 percent where the wall has been constructed
• Deployed nearly 5,000 troops to the Southern border. In addition, Mexico deployed tens of thousands of their own soldiers and national guardsmen to secure their side of the U.S.–Mexico border
• Ended the dangerous practice of Catch-and-Release, which means that instead of aliens getting released into the United States pending future hearings never to be seen again, they are detained pending removal, and then ultimately returned to their home countries
• Entered into three historic asylum cooperation agreements with Honduras, El Salvador, and Guatemala to stop asylum fraud and resettle illegal migrants in third-party nations pending their asylum applications
• Entered into a historic partnership with Mexico, referred to as the “Migrant Protection Protocols,” to safely return asylum-seekers to Mexico while awaiting hearings in the United States

Fully enforced the immigration laws of the United States

• Signed an executive order to strip discretionary Federal grant funding from deadly “sanctuary” cities
• Fully enforced and implemented statutorily authorized “expedited removal” of illegal aliens
• The Department of Justice prosecuted a record-breaking number of immigration-related crimes
• Used Section 243(d) of the Immigration and Nationality Act (INA) to reduce the number of aliens coming from countries whose governments refuse to accept their nationals who were ordered removed from the United States
• Ended asylum fraud, shut down human smuggling traffickers, and solved the humanitarian crisis across the Western Hemisphere
• Suspended, via regulation, asylum for aliens who had skipped previous countries where they were eligible for asylum but opted to “forum shop” and continue to the United States
• Safeguarded migrant families, and protected migrant safety, by promulgating new regulations under the Flores Settlement Agreement
• Proposed regulations to end the practice of giving free work permits to illegal aliens lodging meritless asylum claims
• Issued “internal relocation” guidance
• Cross-trained United States Border Patrol agents to conduct credible fear screenings alongside United States Citizenship and Immigration Services adjudication personnel to reduce massive backlogs
• Streamlined and expedited the asylum hearing process through both the Prompt Asylum Claim Review (PACR) and the Humanitarian Asylum Review Process (HARP)
• Launched the Family Fraud Initiative to identify hundreds of individuals who were fraudulently presenting themselves as family units at the border—oftentimes by trafficking children—in order to protect child welfare
• Improved screening in countries with high overstay rates and reduced visa overstay rates in many of these countries
• Removed bureaucratic constraints on United States consular officers that reduced their ability to appropriately vet visa applicants
• Worked with Mexico and other regional partners to dismantle the human smuggling networks in our hemisphere that profit from human misery and fuel the border crisis by exploiting vulnerable populations

Secured our Nation’s immigration system against criminals and terrorists

• Instituted national security travel bans to keep out terrorists, jihadists, and violent extremists, and implemented a uniform security and information-sharing baseline that all nations must meet in order for their nationals to be able to travel and emigrate to the United States
• Suspended refugee resettlement from the world’s most dangerous and terror-afflicted regions
• Rebalanced refugee assistance to focus on overseas resettlement and burden-sharing
• 85 percent reduction in refugee resettlement
• Overhauled badly broken refugee security screening process
• Required the Department of State to consult with states and localities as part of the Federal government’s refugee resettlement process
• Issued strict sanctions on countries that have failed to take back their own nationals
• Established the National Vetting Center, which is the most advanced and comprehensive visa screening system anywhere in the world

Protected American workers and taxpayers

• Issued a comprehensive “public charge” regulation to ensure newcomers to the United States are financially self-sufficient and not reliant on welfare
• Created an enforcement mechanism for sponsor repayment, deeming to ensure that people who are presenting themselves as sponsors are actually responsible for sponsor obligations
• Issued regulations to combat the horrendous practice of “birth tourism”
• Issued a rule with the Department of Housing and Urban Development (HUD) to make illegal aliens ineligible for public housing
• Issued directives requiring Federal agencies to hire United States workers first and prioritize the hiring of United States workers wherever possible
• Suspended the entry of low-wage workers that threaten American jobs
• Finalized new H-1B regulations to permanently end the displacement of United States workers and modify the administrative tools that are required for H-1B visa issuance
• Defended United States sovereignty by withdrawing from the United Nations’ Global Compact on Migration
• Suspended Employment Authorization Documents for aliens who arrive illegally between ports of entry and are ordered removed from the United States
• Restored integrity to the use of Temporary Protected Status (TPS) by strictly adhering to the statutory conditions required for TPS

[Ann Archy]

Yes.....BOTH ends! Thanks, Jimmah Carter, dumbass.

[SoConPubbie]

didn’t he have 4 years to do this?

And here is what President Trump accomplished in 4 years where National Security is concerned:

National Security & Defense

President Trump rebuilt the United States military after eight years of decline and neglect under the previous Administration. He revitalized our defense industrial base, secured the largest pay raise for our troops in a decade, and created the sixth branch of our Armed Forces: the United States Space Force. President Trump also became the first American leader since Ronald Reagan not to start a war.

On President Trump’s watch, the world’s most notorious terrorists were brought to justice; the ISIS territorial caliphate was completely destroyed; and violent, corrupt regimes were held accountable through a mix of sanctions and targeted military action.

Play

00:58

Creating the Space Force and Funding the Military

Creating the Space Force and Funding the Military

Administration Achievements

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COLOSSAL REBUILDING OF THE MILITARY

Rebuilt the military and created the Sixth Branch, the United States Space Force

• Completely rebuilt the United States military with over $2.2 trillion in defense spending, including $738 billion for 2020
• Secured three pay raises for our service members and their families, including the largest raise in a decade
• Established the Space Force, the first new branch of the United States Armed Forces since 1947
• Modernized and recapitalized our nuclear forces and missile defenses to ensure they continue to serve as a strong deterrent
• Upgraded our cyber defenses by elevating the Cyber Command into a major warfighting command and reducing burdensome procedural restrictions on cyber operations
• Vetoed the FY21 National Defense Authorization Act, which failed to protect our national security, disrespected the history of our veterans and military, and contradicted our efforts to put America first

Defeated terrorists, held leaders accountable for malign actions, and bolstered peace around the world

• Defeated 100 percent of ISIS’ territorial caliphate in Iraq and Syria
• Freed nearly 8 million civilians from ISIS’ bloodthirsty control, and liberated Mosul, Raqqa, and the final ISIS foothold of Baghuz
• Killed the leader of ISIS, Abu Bakr al-Baghdadi, and eliminated the world’s top terrorist, Qasem Soleimani
• Created the Terrorist Financing Targeting Center (TFTC) in partnership between the United States and its Gulf partners to combat extremist ideology and threats, and target terrorist financial networks, including over 60 terrorist individuals and entities spanning the globe
• Twice took decisive military action against the Assad regime in Syria for the barbaric use of chemical weapons against innocent civilians, including a successful 59 Tomahawk cruise missiles strike
• Authorized sanctions against bad actors tied to Syria’s chemical weapons program
• Negotiated an extended ceasefire with Turkey in northeast Syria

Addressed gaps in American’s defense-industrial base, providing much-needed updates to improve the safety of our country

• Protected America’s defense-industrial base, directing the first whole-of-government assessment of our manufacturing and defense supply chains since the 1950s
• Took decisive steps to secure our information and communications technology and services supply chain, including unsafe mobile applications
• Completed several multi-year nuclear material removal campaigns, securing over 1,000 kilograms of highly enriched uranium and significantly reducing global nuclear threats
• Signed an executive order directing Federal agencies to work together to diminish the capability of foreign adversaries to target our critical electric infrastructure
• Established a whole-of-government strategy addressing the threat posed by China’s malign efforts targeting the United States taxpayer-funded research and development ecosystem
• Advanced missile defense capabilities and regional alliances
• Bolstered the ability of our allies and partners to defend themselves through the sale of military equipment

[SoConPubbie]

didn’t he have 4 years to do this?

And here is what President Trump accomplished in those same 4 years on Energy and the Environment:

Energy & Environment

America’s energy revolution under President Trump produced affordable, reliable energy for customers along with stable, high-paying jobs for small businesses—all while dropping U.S. carbon emissions to their lowest level in 25 years.

The Trump Administration led the United States to become the number one producer of oil in the world while maintaining America’s position as the number one natural gas producer. The year 2019 marked the first time in 67 years that American annual gross energy exports exceeded gross energy imports.

To safeguard the environment, President Trump withdrew from the Paris Climate Accord, after which the United States reduced carbon emissions more than any country in the agreement. Under President Trump, the United States continued to lead the world in greenhouse gas emission reductions, cutting energy-related CO2 emissions by 12 percent from 2005 to 2018.

Play

00:59

President Trump Fights for America's Energy Independence

President Trump Fights for America's Energy Independence

Administration Achievements

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AMERICAN ENERGY INDEPENDENCE

Unleashed America’s oil and natural gas potential

• For the first time in nearly 70 years, the United States has become a net energy exporter
• The United States is now the number one producer of oil and natural gas in the world
• Natural gas production reached a record high of 34.9 quads in 2019, following record-high production in both 2018 and 2017
• The United States has been a net natural gas exporter for three consecutive years and has an export capacity of nearly 10 billion cubic feet per day
• Withdrew from the unfair, one-sided Paris Climate Agreement
• Canceled the previous administration’s Clean Power Plan, and replaced it with the new Affordable Clean Energy rule
• Approved the Keystone XL and Dakota Access pipelines
• Opened up the Arctic National Wildlife Refuge (ANWR) in Alaska to oil and gas leasing
• Repealed the last administration’s Federal Coal Leasing Moratorium, which prohibited coal leasing on Federal lands
• Reformed permitting rules to eliminate unnecessary bureaucracy and speed approval for mines
• Fixed the New Source Review permitting program, which punished companies for upgrading or repairing coal power plants
• Fixed the Environmental Protection Agency’s (EPA) steam electric and coal ash rules
• The average American family saved $2,500 a year in lower electric bills and lower prices at the gas pump
• Signed legislation repealing the harmful Stream Protection Rule
• Reduced the time to approve drilling permits on public lands by half, increasing permit applications to drill on public lands by 300 percent
• Expedited approval of the NuStar’s New Burgos pipeline to export American gasoline to Mexico
• Streamlined liquefied natural gas (LNG) terminal permitting and allowed long-term LNG export authorizations to be extended through 2050
• The United States is now among the top three LNG exporters in the world
• Increased LNG exports five-fold since January 2017, reaching an all-time high in January 2020
• LNG exports are expected to reduce the American trade deficit by over $10 billion
• Granted more than 20 new long-term approvals for LNG exports to non-free trade agreement countries
• The development of natural gas and LNG infrastructure in the United States is providing tens of thousands of jobs and has led to the investment of tens of billions of dollars in infrastructure
• There are now 6 LNG export facilities operating in the United States, with 2 additional export projects under construction
• The amount of nuclear energy production in 2019 was the highest on record, through a combination of increased capacity from power plant upgrades and shorter refueling and maintenance cycles
• Prevented Russian energy coercion across Europe through various lines of effort, including the Partnership for Transatlantic Energy Cooperation, civil nuclear deals with Romania and Poland, and opposition to the Nord Stream 2 pipeline
• Issued the Presidential Permit for the A2A railroad between Canada and Alaska, providing energy resources to emerging markets

Increased access to our country’s abundant natural resources in order to achieve energy independence

• Renewable energy production and consumption both reached record highs in 2019
• Enacted policies that helped double the amount of electricity generated by solar and helped increase the amount of wind generation by 32 percent from 2016 through 2019
• Accelerated construction of energy infrastructure to ensure American energy producers can deliver their products to market
• Cut red tape holding back the construction of new energy infrastructure
• Authorized ethanol producers to sell E15 year-round and allowed higher-ethanol gasoline to be distributed from existing pumps at filling stations
• Ensured greater transparency and certainty in the Renewable Fuel Standard (RFS) program
• Negotiated leasing capacity in the Strategic Petroleum Reserve to Australia, providing American taxpayers a return on this infrastructure investment
• Signed an executive order directing Federal agencies to work together to diminish the capability of foreign adversaries to target our critical electric infrastructure
• Reformed Section 401 of the Clean Water Act regulation to allow for the curation of interstate infrastructure
• Resolved the OPEC oil crisis during COVID-19 by getting OPEC, Russia, and others to cut nearly 10 million barrels of production a day, stabilizing world oil prices
• Directed the Department of Energy to use the Strategic Petroleum Reserve to mitigate the market volatility caused by COVID-19

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SAFEGUARDING THE ENVIRONMENT

Took strong action to protect the environment and ensure clean air and clean water

• Took action to protect vulnerable Americans from being exposed to lead and copper in drinking water and finalized a rule protecting children from lead-based paint hazards
• Invested over $38 billion in clean water infrastructure
• In 2019, America achieved the largest decline in carbon emissions of any country on Earth. Since withdrawing from the Paris Climate Accord, the United States has reduced carbon emissions more than any nation
• American levels of particulate matter—one of the main measures of air pollution—are approximately five times lower than the global average
• Between 2017 and 2019, the air became 7 percent cleaner—indicated by a steep drop in the combined emissions of criteria pollutants
• Led the world in greenhouse gas emissions reductions, having cut energy-related CO2 emissions by 12 percent from 2005 to 2018—while the rest of the world increased emissions by 24 percent
• In FY 2019 the Environmental Protection Agency (EPA) cleaned up more major pollution sites than any year in nearly two decades
• The EPA delivered $300 million in Brownfields grants directly to communities most in need, including investment in 118 Opportunity Zones
• Placed a moratorium on offshore drilling off the coasts of Georgia, North Carolina, South Carolina, and Florida
• Restored public access to Federal land at Bears Ears National Monument and Grand Staircase-Escalante National Monument
• Recovered more endangered or threatened species than any other administration in its first term

[SoConPubbie]

didn’t he have 4 years to do this?

And finally, here is what President Trump accomplished on the Budget and Spending during those same 4 years.

Knowing all this, that I just posted: Do you still want to stand by your snarky out-of-context post attempting to smear President Trump?

Budget & Spending

President Trump’s Federal Budget committed to restraint while prioritizing the funding needed to rebuild our national defense and strengthen America’s borders.

Under President Trump, Congress passed the first overhaul of the United States tax code in more than 30 years, putting money into the pockets of millions of American families. The Tax Cuts and Jobs Act included the launch of “Opportunity Zones,” which bring hope and a brighter future to nearly 9,000 distressed communities with tax incentives for new development.

In 2019 alone, the Trump Administration surpassed its promise of removing two existing regulations for each new regulation added, issuing 150 deregulatory actions alongside just 35 new significant regulatory actions. This deregulatory wave unleashed massive benefits for the American people and our economy.

Play

01:06

President Trump Is Rolling Back Regulations to Help All Americans

President Trump Is Rolling Back Regulations to Help All Americans

Administration Achievements

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TAX RELIEF FOR THE MIDDLE CLASS

Passed $3.2 trillion in historic tax relief and reformed the tax code

• Signed the Tax Cuts and Jobs Act—the largest tax reform package in history
• More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to tax cuts
• A typical family of four earning $75,000 received an income tax cut of more than $2,000—slashing their tax bill in half
• Doubled the standard deduction—making the first $24,000 earned by a married couple completely tax-free
• Doubled the child tax credit
• Virtually eliminated the unfair Estate Tax, or Death Tax
• Cut the business tax rate from 35 percent—the highest in the developed world—all the way down to 21 percent
• Small businesses can now deduct 20 percent of their business income
• Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made
• Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased
• Over 400 companies have announced bonuses, wage increases, new hires, or new investments in the United States
• Over $1.4 trillion was repatriated into the United States from overseas
• Lower investment cost and higher capital returns led to faster growth for the middle class, higher real wages, and stronger international competitiveness

Jobs and investments are pouring into Opportunity Zones

• Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero
• Opportunity Zone designations have increased property values within them by 1.1 percent, creating an estimated $11 billion in wealth for the nearly half of Opportunity Zone residents who own their own home
• Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs
• Approximately 1 million Americans will be lifted from poverty as a result of these new investments
• Private equity investments into businesses in Opportunity Zones were nearly 30 percent higher than investments into businesses in similar areas that were not designated Opportunity Zones

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MASSIVE DEREGULATION

Ended the regulatory assault on American businesses and workers

• Instead of a 2-for-1 ratio of deregulatory to regulatory actions, the Trump Administration eliminated 8 old regulations for every new regulation adopted
• These actions provided the average American household with an extra $3,100 every year
• Reduced the direct cost of regulatory compliance by $50 billion and were projected to reduce costs by an additional $50 billion in FY 2020 alone
• Removed nearly 25,000 pages from the Federal Register—more than any other president. The previous administration added over 16,000 pages
• Established the Governors’ Initiative on Regulatory Innovation to reduce outdated regulations at the state, local, and tribal levels
• Signed an executive order to make it easier for businesses to offer retirement plans
• Signed two executive orders to increase transparency in Federal agencies and protect Americans and their small businesses from administrative abuse
• Modernized the National Environmental Policy Act (NEPA) for the first time in over 40 years
• Reduced approval times for major infrastructure projects from 10 or more years down to 2 years or fewer
• Helped community banks by signing legislation that rolled back costly provisions of the Dodd-Frank bill
• Established the White House Council on Eliminating Regulatory Barriers to Affordable Housing to bring down housing costs
• Removed regulations that threatened the development of a strong and stable internet
• Eased and simplified restrictions on rocket launches, helping to spur commercial investment in space projects
• Published a whole-of-government strategy focused on ensuring American leadership in automated vehicle technology
• Streamlined energy efficiency regulations for American families and businesses, including preserving affordable lightbulbs, enhancing the utility of showerheads, and enabling greater time savings with dishwashers
• Removed unnecessary regulations that restrict the seafood industry and impede job creation
• Modernized the Department of Agriculture’s biotechnology regulations to put America in the lead to develop new technologies
• Took action to suspend regulations that would have slowed our response to COVID-19, including lifting restrictions on manufacturers to more quickly produce ventilators

Successfully rolled back burdensome regulatory overreach

• Rescinded the previous administration’s Affirmatively Furthering Fair Housing (AFFH) rule, which would have abolished zoning for single-family housing to build low-income, federally subsidized apartments
• Issued final rule on the Fair Housing Act’s disparate impact standard
• Eliminated the Waters of the United States Rule and replaced it with the Navigable Waters Protection Rule, providing relief and certainty for farmers and property owners
• Repealed the previous administration’s costly fuel economy regulations by finalizing the Safer Affordable Fuel Efficient (SAFE) Vehicles rule, which will make cars more affordable and lower the price of new vehicles by an estimated $2,200

Americans now have more money in their pockets

• Deregulation had an especially beneficial impact on low-income Americans, who pay a much higher share of their incomes for overregulation
• Cut red tape in the healthcare industry, providing Americans with more affordable healthcare and saving Americans nearly 10 percent on prescription drugs
• Deregulatory efforts yielded savings to the medical community of an estimated $6.6 billion—with a reduction of 42 million hours of regulatory compliance work through 2021
• Removed government barriers to personal freedom and consumer choice in healthcare
• Once fully in effect, 20 major deregulatory actions undertaken by the Trump Administration are expected to save American consumers and businesses over $220 billion per year
• Signed 16 pieces of deregulatory legislation that will result in a $40 billion increase in annual real incomes

[chickenlips]

Have you noticed that Desantis addresses an issue he’s tackling in Florida and a few days later Trump is touting his plan along the same lines?

Except Desantis actually addressed voter integrity while Trump just whined about it. I guess it wasn’t so important that he was willing to use that huge pile of cash he’s sitting on to work for change. He continued to back Ronna too.

[cymbeline]

“And Trump has unfortunately made it very clear he is the least likely candidate to do anything about [Big-Pharma’s massive corruption].”

What’s Trump said or done that demonstrates that?

[devere]

Trump recently said that his warp speed vaccine was a great success of his administration that may have saved 100 million lives. He won’t face reality on the vaccine, so how can he possibly reform the intensely corrupt federal medical complex?

[central_va]

Here is the exact quote:

"I was able to get something approved that, you know, that has proven to have saved a lot of lives," Trump said, ignoring Brody's request to weigh in on the anti-vaccine narrative. "Some people say that I saved 100 million lives worldwide."

Knock off the lies and BS.

[devere]

Thank you for the quote which confirms that I am telling the truth about Trump. You ad-hominem attack is just a sad reflection on your own character.

[central_va]

Some people say: You are a backstabbing lying JERK. Some people say....

[devere]

To quote the late great Ronald Reagan, “There you go again!” LOL

[cymbeline]

“Trump recently said that his warp speed vaccine was a great success”

Oh. Correct. I remember that. He’s got some ‘splaining to do on that one.

If it turns out the vaccines are judged to be duds and were released before being fully tested, he could get some of the blame.

I suppose he could say he got them out quickly and he relied on pharma to not release bad drugs.