President Trump said he has done more during his first nine months than any other POTUS in history. And he’s just getting started, he promised.
“Over the last nine months, we have removed job-killing regulations at a record pace,” Trump said during a speech at the Heritage Foundation. “In nine months, we have done more, they say, than any president in history. And there’s more to come.”
Trump said his proposed tax plan will dramatically cut taxes for both individuals and corporations. “So let’s give our country the best Christmas present of all — massive tax relief,” he said.
The president added: “We will lift our people from welfare to work, from dependence to independence, and from poverty to total beautiful prosperity. Which is why we need the help of the Heritage Foundation and everyone here tonight to get our tax cuts through the House, through the Senate and to my desk for signature.”
Trump pressed the need for his sweeping tax reform package, which Republicans are currently negotiating on Capitol Hill. The tax overhaul would reduce individual tax brackets from seven to three: 12%, 25%, and 33%.
It would also provide a double-digit reduction in the corporate income tax rate. This will keep companies from going abroad (and taking jobs with them), where corporate tax rates are lower.
While Trump and the GOP have been criticized for failing to repeal Obamacare or passing any major legislation during his first nine months, the president has scored other huge victories the media don’t give him credit for.
Since Trump took office, the stock market has hit 66 record highs. The unemployment rate is at a 16-year low, and illegal immigration across the southwestern border has plunged a staggering 76%.
Moreover, our NATO allies have promised to start paying their fair share of the alliance’s defense budget. In the 28-nation NATO alliance, total defense spending topped $900 billion in 2015.
The United States paid $650 billion, or 73%, of the total budget. The figures were equally lopsided for 2014, and remain so to this day.
Most NATO members haven’t paid their fair share for years. The United States spends 3.6% of its GDP toward NATO defense, even though the U.S. provides most of the defense. In contrast, freeloaders like Luxembourg spends just 0.4%.
President Trump has repeatedly said that all NATO members must pay their share if they want the military alliance to continue. This statement upset some of our NATO “partners” who have become used to mooching off the U.S.
But NATO secretary general Jens Stoltenberg said Trump raised a valid point. “We agree that the alliance needs to redouble their efforts to meet the pledge we all made,” Stoltenberg said. “This means cash, capabilities and contributions.”
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