President Donald J. Trump just wrapped up a major speech to the New York Economic Club, in which he outlined his vision to make life affordable for Americans again — and contrasted his record of prosperity and opportunity with Kamala's record of Radical Left lunacy.
President Trump's plan is simple: keep taxes low, unleash American energy, cut regulations, prioritize efficiency, reduce spending, and make housing more affordable.
Under Kamala, we have an ECONOMY IN CRISIS:
Kamala's Radical Left agenda would DESTROY THE ECONOMY:
Under President Trump, we had a THRIVING ECONOMY:
President Trump has a plan to rescue Americans from Kamala's nightmare — and bring back the American Dream bigger, better, and stronger than ever before:
President Trump will END Kamala Harris’s anti-energy crusade by implementing a policy of abundance, independence, and dominance — and cutting energy prices in HALF or more within a year of taking office.
President Trump will immediately issue a national emergency declaration to achieve a massive increase in domestic energy supply — and blast through every bureaucratic hurdle to issue rapid approvals for new drilling, pipelines, refineries, and power plants and reactors.
As a result, prices will fall immediately in anticipation of new supply.
To further defeat inflation, President Trump will terminate the socialist Green New Deal and rescind all unspent funds under the misnamed "Inflation Reduction Act." President Trump will also immediately end Kamala's electric vehicle mandate — stopping the waste and saving taxpayers an estimated $1 trillion.
In President Trump's first term, he pledged to cut two existing regulations for each new regulation — and he did far better than that, cutting more than 5.5 regulations for every new regulation. But over the past four years, Kamala has added as much as $6,300/year in new regulatory costs onto the backs of every American family.
In his second term, President Trump will be even more aggressive in cutting unnecessary and burdensome regulations by eliminating a minimum of TEN old regulations for every one new regulation.
Moreover, instead of attacking the industries of the future, President Trump will embrace them, making America the world capital for Bitcoin and other cryptocurrencies.
In 2022, fraud and improper payments cost taxpayers hundreds of billions of dollars. That's why, at the suggestion of Elon Musk, President Trump will create a Government Efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government — then making recommendations for drastic reforms, which will save taxpayers trillions of dollars, further taming inflation and bringing prices down.
President Trump will bring economic relief by making the Tax Cuts and Jobs Act permanent — and will cut taxes even more by eliminating taxes on tips and seniors' Social Security benefits.
President Trump's plan calls for expanded R&D tax credits, 100% bonus depreciation, expensing for new manufacturing investments, and lowering the business tax rate from 21% to 15% — solely for companies that make their products in America. If a company outsources, offshores, or replaces American workers, not only will they not be eligible for these benefits, they will also pay a tariff when their product comes in from another country.
Under President Trump’s leadership, America will encourage domestic production instead of punishing it — and make America the manufacturing superpower of the world once again.
President Trump will implement a pro-American trade policy that uses tariffs to encourage production here and bring trillions of dollars home. President Trump will ensure the U.S. has a steel industry, an aluminum industry, a manufacturing base, and a defense industrial base.
President Trump will make housing much more affordable. As inflation is tamed, interest rates will fall dramatically — reducing mortgage rates back down to 3% and saving the average homebuyer thousands of dollars per year. President Trump will eliminate regulations that drive up housing costs, with the goal of cutting the cost of new home builds by HALF.
President Trump will also open up portions of federal land for large-scale housing construction — ultra-low-tax and low-regulation zones — where millions of Americans will take part in settling these safe and beautiful communities.
As President Trump defeats inflation, makes America affordable again, and reignites explosive economic growth, he will create America's own Sovereign Wealth fund to invest in great national endeavors for the benefit of all Americans.
This fund will help build extraordinary national development projects — from highways to airports to the transportation infrastructure of the future — while investing in state-of-the-art manufacturing hubs, advanced defense capabilities, cutting-edge medical research, and modern agriculture techniques so we can have safe, healthy, high-quality foods for our families.
This wealth fund will return a gigantic profit, which will help pay down the national debt.
Kamala Harris has increased the cost of everything she touches — and her plans for the future would tax Americans even further into oblivion.
President Trump will unleash a new era of safety, prosperity, opportunity, and success for American families, workers, and businesses. He's done it before — and together, we'll do it again.