His parents own a medical device , andny in Santa Barbara after graduating from ucla, he works for, Smith Ed Whitfield to for one year before moving back now he istrict and making a second run for congress. He ran in 2014 but did not make it out of the primary. An expensive race. How much will be spent by the candidates and outside money . At 5. 5 now, it is million, one point finally dollars in outside spending. I expect that to go up. I do not know how much it will go up by, but i expect because Santa Barbara is cheap compared to los angeles and the bay area, that easily you can see another 1 million coming in outside money before election day is over and but campaigns are now are sitting on about 200,000 and 500,000 for carbinol, so it will get more expensive before election day. Money spent on advertising. Here is some of the ads now on the air. We will begin with carbajal and follow it with justin for me. Agree onongress cannot a budget, they shut down the government and keep their salaries. Carbajal sees things differently, when the Great Recession hit and hundreds of workers were furloughed, he stood with them and gave a part of his salary as county supervisor. To makebody was trying ends meet. I thought it was important if we ask our employees to sacrifice, we do the same. I believe that is what leadership is about. I am carbajal and i approve this message. Washeir generation rancher born and raised right here on the central coast. At Santa Barbara high, and was an unstoppable running back. Building a small Family Business he would never take no for an answer. Justin went to washington to realize the place really needs fresh ideas. Someone unstoppable. Choose fresh. Choose fareed. Just two of the many ads now on the air, californias 24th Congressional District that includes Santa Barbara. Justin for read is the republican candidate and joining or the phone this hobby Javier Panzar and a different generational approach between the in the republican candidate and the older, more seasoned democratic nominee. You really couldnt get two more different candidates. He was in kentucky for one year, and Salud Carbajal has been in politics for many years and is known for his fundraising apparatus. He raises a lot of money, not only for this race but the one he was running for county supervisor, and he has really got the backing of most of the powerful democrats in california, nancy pelosi, lois capps, lois capps daughter, who is thought to want to run for her mothers seat, she is backing him, and he has been hit with a lot of attacks from fareed for being a career politician, one way to put the, whereas Justin Fareed does not have a career politics, say comes at it from the angle of i am young, a new kind of republican, and really kind of runs against the dysfunction in congress. Lets talk about the demographics of this Congressional District. North of los angeles, Santa Barbara and san luis obispo, the two largest cities in california 24, who does a favor . It is an interesting district because for a long time, because of gerrymandering, known as the ribbon of shame, the district kind of cut a thin slice from l. A. Ouis scobee spoke to and not goes further inland, so you start off on the coast with liberal cities like Santa Barbara and then you go inland and get to more of the Old Country Club crowd, say get more farmers, ranchers, a significant agricultural the cap economy, which is a larger city been Santa Barbara, and that is producing more republicans, and able maldon auto maldonado was the republican, so it is interesting in that sense, but democrats to have manage among registered voters, they had six point lead over republicans, and it being a president ial year, that alone should favor salute carbajal. The house race becoming one of the most expensive. s work iszar Available Online at l. A. Times. Com. Thank you for being with us. Thanks for having me. Another key race this election cycle, missouri senator blunt versus jason kander, the real politics average has blunt leading, but they listed as a tossup. Mr. Kander released an ad this week on his record in voting for gun control and the misery state legislature. Lets take a look. [video clip] i am jason kander and senator blunt has attacked me on guns. In the army, i learned how to use and respect my rifle. Inc. Afghanistan, i volunteered to be annexed or gun of unarmored suvs and in the state legislature, i support Second Amendment rights and i also believe in background checks so that terrorists cannot get their hands on one of these. I approve this message because i senator bluntsee do this. It points to the 1. 5 million the nra has put the roy blunt and the National Rifle association has spent nearly 1 million to ensure jason kander does not win or any congressional race outside of ohio. Overr, the ira has spent 11 million and roughly 6. 5 lane dollars has been dispersed in support of donald trump and the rest has gone toward congressional contest. They had invested most heavily in the ohio state race between portman and his democratic challenger ted strickland. The nra has spent about julian dollars in support of mr. Portman. President barack obama and Hillary Clinton spoke last night at the annual Congressional Black Caucus dinner in washington. They were joined by representatives marcia and charles wrangle. This is about one hour. Thank you. I would be using the teleprompter, that i do not know how. [applause] this is a very, very emotional time for me. You do not spend your entire life in Public Service, four years in the army, u. S. Attorneys office, state legislature and 46 years in the party in which i loved serving with the Congressional Black Caucus. [applause] probably is with the president right now, i owe though thebecause problems of people happened over 50 years of marriage, she never and the why not me family and steve and alicia during the years that my passion was for justice, equity and helping those that needed a voice. [applause] and for those who ask, what are , she is at myr grandkids. But the second thing i like to 1971, there were. 3 others by the 435 a lot of people like to think it took a lot of courage for 13 people to stand up but not against joe those, but against president nixon who refuse to meet the recognized as, but that number grew from 13 to 23 to 33 and today it is 46 and tomorrow it looks like it will be close to 50. [applause] with all of our accomplishments. It is not that we were super congresspeople, but we were independent and you that people us. You, who said that for wentould stand up when we to africa, or the we went to cuba, as long as you knew there were people on the list there were there, clearly because we were sons and daughters of slaves, he stood by us, elected us, and allow this to truly believe that we were the conscious of the congress for any injustice that we are. And now that i am leaving the congress, i see even the biggest battles that we ever faced as a people and breaking out of slavery and the civil war, fighting in korea, marching with dr. Martin luther king, and even fighting the republicans, those things that have been able to. Vercome today, my brothers and sisters, i see the greatest battle that we will ever face. Once again, even though you are caucus 48, 50 will be there and be your voices, the question will be in november, where would you be . In november, where will you be . [applause] that power,know by about dr. King and you may not have been able to march, but the biggest threat to where we are today is going to be in november, and those who are critical of donald trump that come from the city, i say that he is our contribution to make this republic better because his hatred and his bigotry have pulled the rug often the sheet off of the Republican Party so we all can see it for what it is. [applause] people who really, truly believe onlythe constitution was for european people, people who never thought that the sons and daughters of slaves could be president , people who look at people of color, no matter what color it is, whenever who never say i am a conservative republican, and our brother donald has pulled the sheets off of all of them, that the country and world can see who it is. Guess who is supposed to expect to save this republic . We are. Depending on us they are depending on us to save their public. Once again, we will. We thank the Congressional Black Caucus for giving us the wind under our wings to come up to here, and as she said, this to 46is now being passed of the United States congress we a cadre again people and have to be there to support them. I feel so comfortable in knowing that the struggle continues in the can bet your life that retirement is not goodbye. Thank you so much for all that you have done. [applause] the next phoenix award is the Congressional Black Caucus chairs award, the Foundation Chairs award is presented to an individual whose work and the congressmans stand as of the can of light for the Africanamerican Community and the african diaz for us. Tonight, we honor mr. Robert f. Smith with the Congressional Black CaucusFoundation Chair award. In lieu of a video presentation, shared reflections will be on mr. Smith. Good evening, again. I am delighted to stand before you to honor a man who has pursued uncharted paths and never turn of his professional and personal journey. , ands been an engineer invented, and entrepreneur, banker, businessmen, investor, and most important way, a leader, mentor and philanthropist. He is perhaps the most successful investor of this generation, and im lucky to call him a friend. Smith is aerick founder, chairman and ceo of these to equity partners. Under his leadership, he manages over 26 billion in Equity Capital and overseas portfolio of 35 companies with 42,000 employees, and if that were not enough, for the second year in a sta was named the worlds number one performing private equity firm in the world. [applause] what is equally extraordinary is that to this day, vista, under leadership, has never lost money under buyout investments. He trained as an engineer at cornell university, and following his mba, he worked at kraft general foods, where he earned to patents and then joined goldman sachs. In 2000, he stuck out to start his own private equity fund, vista equity partners. Everyone thought he was crazy. He had no private equity experience, and the idea of focusing on Enterprise Software exclusively, robert said that to become what would be the equivalent of the sixthlargest Software Company in the world. [applause] roberts leadership and philanthropy also breaks new barriers. The Smithsonian National museum of African American history culture is opening next week. [applause] what some of you may not know is the museum is announcing on monday a gift of 20 million from robert smith, [applause] that is the largest personal donations to the museum. Profits philanthropy is always more than writing a check. His support will enable the digitization of our most precious Cultural Assets and also establish the roberts frederick smiths explore your family center, which will ensure that our museum remains a living museum, capture not only the lives of the famous, but also the lives of every africanamerican family, so that museum will be enriched with all of our stories, no matter who we are. [applause] roberts, no matter how successful he has become, he has never forgotten where he came from. In fact, what has been most inspiring is his humility. Cbcf, weustom for the their video, highlighting careers and the comp, so two days ago, we sent it over to robert and robert did not want to play it. He did not want to tell the story of the business accomplishments, including being named the richest africanamerican on the planet. [applause] wherever he goes, he carries his what ismusic and meaningful to robert and all of us, when earlier this summer, he was named chairman of the board of carnegie hall. [applause] throughout his life, robert has engaged in numerous charitable activities that are focused on africanamericans and women. 5000 innercity kids at his ranch over summer and fostered college aged kids with no home or place to go during winter break. More recently, he has played a leading role in foundations, unitedas provided the Negro College fund with the largest ever investment in Stem Education for African Americans. [applause] that contribution will offer thousands upon thousands of an africanamericans the opportunity and the skills to prepare for jobs of tomorrow. The Foundation Also recently made a grants worth 27 my in dollars to the susan g. Komen organization to ensure that where someone lives does not determine whether they live. [applause] giving new hope and new life, this 12 City Initiative will fight the statistics that are mothers, wives, and, sisters and daughters are 40 more likely than white women to die from the disease. Rather than share a list of roberts awards, recognitions and accomplishments, i could share one more story that i think will help you understand the kind of man he is and why we are recognizing him this evening. When robert hurt that 43 of the other girls in nigeria, who had been kidnapped by boko haram, had escaped, he was stunned to of the papere c24 and decided to do something about it. Robert contacted the president of the American University of nigeria and quietly went about funding their education, committing to provide the same Financial Support for every girl who would escape in the future and seek an education. [applause] robert has done all of this without fanfare and without expectation. This is exactly the kind of leadership we need today. Robert smith brings great passion, generosity, humility, and dedication to improve the lives of all of us in the world in the world around us. I am thrilled to present the chairmans award of the Congressional Black Caucus foundation to Robert Frederick smith. Inase, stand and join me giving him a well deserved round of applause. Ladies and gentlemen, please, welcome robert f. Smith. Also joining, board members, congresswoman and board device chair, Sheila Jackson lee, tonya and lonnie johnson. Thank you for that very warm introduction. And secretary clinton, it is an honor to be here to accept this award. When i told my mother, who is from washington, d. C. , about receiving this wonderful award, she, as most mothers do, who else will be there . I told her and she said, huh, and i said president obama will speak to it she said, well, do not take too much time because people really want to hear what he has to say. [laughter] with that, im going to ambitiously take you back to the. Ime of my birth in a few short minutes, i will tell you a little bit about who i am, what we do and why i am here. I grew up in denver, for generation colorado native. In 1963, my mother, i was nine months old, my mother took my brother and i to washington, d. C. , answering the call of dr. She, and im assuming thought that the closer we were, the more it might sink in, and she knew that her boys were too young to remember all that was said that day, but she believed that the history that we witnessed that day were dollars be part of the men who would be would become winded. Decades later, i had the privilege to take my grandfather on another journey on the opposite side of the National Mall to celebrate president obamas inauguration. [applause] as you all remember was a cold day and as my grandfather and i shivered together, he kept the two of us warm by telling these stories about his time as a young man living in washington, d. C. , and in the lounge, where it he checked hats and coats and poured coffee and tea for senators and their guest. He told me that he managed to take a sneak out the window on the day of president roosevelts swearing in and he said, you know, grandson, out of all those people, i did not see a single black face in that white sea of sea of people. It was not lost on either of us that my grandfather could return to the capital after all those years, not as a coat checker, but as a personal best personal guest for the essentials of our first africanamerican president. [applause] as we all know, there is an obvious sentiment to the fight, Bc Foundation dinner, we will show it president obama, and this is in the evening to celebrate, but lets not choose to make this night about the past and what we have already accomplished and even though the president s term is coming to an end, the distinguished members of congress tonight are not going anywhere, and they will continue to be more steps to climb up the mountaintop and the path has become steeper and more slick and thrown to the backsliding, and we must support each other more resolutely as we ascend together. Frankly, i am here tonight because of what you in this room. Ad done for me and for us your voices, john lewis, elijah cummings, charles wrangle and so many others, past and present, have been our hope and reminder of the dignity and potential of Public Service. The late and great congresswoman Barbara Jordan, who hails from my current term town of austin, texas, said, what the people want is very simple. They went in america as good as promised. Do not call for green power or black power, copper brainpower. [applause] call for brainpower. [applause] for the first time in history, what can be created without having massive amounts of thetal handed down, ownership of people, land or natural resources. For the first time in history, wealth can be created through the power of ones mind, thoughts, ideas, and it can be developed and monetized and distributed instantly a cost the globe. Intellectual property has become the new currency of business. [applause] of brainpower to move individuals and families and communities from poverty to prosperity has never been closer and within our grasp. Despite this progress, too many of our communities are being left behind, but i refuse to accept this. Now, more than ever, the power to move individuals and families out of poverty and into the mainstream of thing mainstream of our economy is within our reach. This is our defining moments, and it is a defining moment for our community, but it takes all of us, people like me, educators, legislators like you, and Community Leaders to unleash the minds of our young people. Last month when i was in baltimore, i was with them adults and some are homeless, some are veterans, all empowered by the Technical Skills training and the 3d printer we delivered so they can imagine a Brighter Future and make it and rabbit for their own. Their backsave because one thing i know firsthand is this we need to have their backs, because one thing i know is this. If we they will perform. I see it happen constantly. If we do this locally, we can change our neighborhood. If we do it at scale, we can change our nation. Weekny of you know one from today we will begat a ring again for the opening of the National Museum of African American history and culture at the smithsonian. [applause] thisrilliant architect of museum described the africanamerican story as an extraordinary journey of overcoming and shaping what america is. My story, its our president s story, and its your store. If us being here tonight tells that the arkit is of the moral universe doesnt deed the end toward justice. But it does but it doesnt happen by natural law or gravitational law. Is not a given, and it is not a guarantee. It happened because leaders like you put your shoulder to it. You dont let up, and you go after it each and every day. And for this, i thank you. [applause] our next award is entitled the Congressional Black Caucus chairs award. This is presented each year to an individual who shows the highest levels of creativity and [reading nominee names] june 17, 2015. [reading victim names] june 17, 2015. The historic emmanuel of his cabal church, the Oldest Church in the nation is respectfully known as mother emmanuel and it was the site of this horrific thick act of hate. And the parade and will forever feel the loss of their presence. Yet our purpose this evening is to celebrate their lives, to celebrate how the spirits of those nine individuals caused the community of charleston to come together in forgiveness, love, unity, rather than respond in violence. We uplift the survivors and their families and friends. We choose to act in a way they knew their loved ones would have wanted. Families of the slain surprised many by immediately offering their forgiveness to the perpetrator of this heinous act. Communities of all ethnicities rallied behind this act of Christian Faith and held a vigils, fundraisers, and a mass unity rally on the ridge. Tens of thousands Community Members crossed from one side of the bridge to the downtown displayingside, supportive signs and flags. A senseless hate filled crime and a devastating loss has turned into an opportunity to communityengthening bonds, and lean on faith in the face of an unspeakable spiritual challenge. Tonight we honor the emmanuel nine and their survivors with the Congressional Black Caucus chairperson award. [applause] please welcome to the stage, the family members of the emmanuel nine. [applause] we accept the award on behalf of the families. Will it the award on behalf of the families will accept the award on behalf of the families. [applause] good afternoon. 2015 is a day that around many people the world. Many want to know why . Horrific such a event happen . This they shattered the lives of nine families, five survivors, one nation. It will forever and always be etched in our brains. Nine f of the manual of the emmanuel nine comeau we want to say thank you. In a time when the country seen more unjustified killings from , weican born terrorists need your help. For justice and reconciliation that can only come when communication is affective and equity is available. Vote faithay has enabled these families to overcome great loss. Without work but senate,call on the u. S. The u. S. House of representatives, every governor and every state legislate to her every lay loot everys legislature to bring peace, justice, and reconciliation to all people. Since the emmanuel nine devastation we are surviving through the grace of god. The support, love and encouragement of family members, friends, and people around the world. This has enabled us to be able to survive great loss, tremendous pain, and yes, even overcome anger. We come even though a year has we, even though a year passed, we are still lovedng the loss of our ones. Once again we graciously thank the cbc for this honor. Googlealso want to thank versus sting our families in our travels to this event. For assisting our families in our travels to this event. [applause] to god continue to bl3ess bless every one of you. Thank you and god bless. [applause] thank you. Our next award this evening is the Barbara Jordan award. This award was instituted in 2003 to honor a woman who has in providing extraordinary contributions as a public servant. Goes tors award representative marcia fudge. Ohios 11thng Congressional District is a triple threat. Representative marja apresentative marcia fudge is leader. She has served the people of ohio for more than two decades as a member of congress and a and as the first black and female mayor of heights. Representative thought his unwavering in her commitment to improving the Public School systems in ohio and across the country. She provides all of the schools in every community. As a Ranking Member of the house subcommittee on early childhood, elementary, and really set and secondary education, she fought for Academic Resources and School Districts as part of , and asreauthorization an advocate for providing access to fresh food through the farm to school act. Fudge has won the respect of barack obama for being a strident advocate for voter protections, and continuing the fight to provide social security, medicare, and medicaid. That just a past president of the congressional caucus, she is traveling the nation, using her voice to get communities of color to register to vote in this allimportant election. In july representative fudge was selected by secretary Hillary Clinton to serve as the permanent chair for the 2016 Democratic National convention. The Congressional Black Caucus is honored to present the Barbara Jordan toward jordan award for women who have excelled for providing extraordinary contribution to Public Service to ohio foresentative marcia fudge her leadership and more than two decades of service to the people of ohio and to the nation. [applause] representative Eddie Bernice johnson will present the award to barbara fudge. Welcomee representative marcia fudge. [applause] fudge thank you very much. Let me just say i love Eddie Bernice johnson. I love every member of the Congressional Black Caucus and i and them for their encouragement and their friendship. This award is special for many amongs, but just a few them is that it is really special to be honored by your peers and your colleagues. It is special because i have had the opportunity to be blessed to know Barbara Jordan. Through our sorority we sat on the delta board together. [applause] she was one of my idols. As a young lawyer i aspire to be Barbara Jordan. She was smart, she was passionate, she was dedicated, and she was the real deal. Enough for theou confidence you have placed in me. And thank you cbc, i love you all. [applause] [applause] president obama hello, cbc. You for the great work you are doing and that kind introduction. I love you too. I want to thank the cBc Foundation, chairman butterfield. Members of the Congressional Black Caucus. And the whole cbc family. It is always good to be with the conscience of congress. I also want to congratulate tonights honorees, beginning with charlie wrangle, a Founding Member of the cbc. Servant,nding public who will be writing often the sunsetted sunset together. Fudge tive marcia [applause] smith, the emmanuel family, and the champion for change, secretary Hillary Clinton. There is an extra spring in my step tonight. I am so relieved that the whole birther thing is over. [laughter] [applause] mean, isil, north korea, change, none of those things weighed on my mind like the validity of my birth certificate. And to think that with just 124 days to go under the wire we got that resolved. That is a boost for me in the home stretch. [laughter] [applause] in other breaking news, the world is round, not flat. [laughter] pres. Obama this is of course my last cbc dinner as president. The next time i show up, i have to buy a ticket. [laughter] pres. Obama dont get me wrong though, we still have so much work to do, and we are sprinting all the way through, but the days are winding down. I have noticed that whenever michelle or i travel around the country, folks come up and say, we are so sad to see you go, and i really appreciate that. And michelle says, thats right. [laughter] pres. Obama she gave a speech yesterday, bunch of young people were chanting four more years and she said, nope. Nope. Shes ready. [laughter] pres. Obama but we do want to take this opportunity to say thank you, to say thank you for your support over the years, to say thank you for your friendship, to say thank you for your prayers. As i just look across this auditorium, there is so many people here who lifted us up and studied us when things got tough. When we begin this journey coming on 10 years now, we said, this was not about us. It wasnt about me, michelle, it wasnt just to be a black president or the president of black america. We understood the power of the symbol. We know what it means for a generation of children to see folks like us in the white house. And as michelle says, we have tried to be role models for all children because we know they watch everything we do as adults. So, we have taken the responsibility seriously. I have been blessed to have a partner on this journey who makes it look so easy. And is so strong and honest and beautiful and smart. But we heard just thankful because you guys have lifted us up every step of the way. We know, however, that what matters most for our community is not just the simple, not just an africanamerican president. A president who is going to do his or her darndest to fight the right fights. Together, we fought our way back from the worst recession in 80 years, turned an economy that was in a freefall, helped our businesses create new jobs. We declared that health care is not a privilege for a few but a right for everybody. Secured coverage for another 20 million americans including another 3 million africanamericans. Our High School Graduation rate is at an alltime high including africanamerican students. More africanamericans are graduating from college than ever before. We have begun to work on reforming our criminal justices , reducing the federal prison population, and in the use of solitary confinement for juveniles, then it the box for federal employers, reinvigorating the civil rights division, pushing to make sure that communities and police are working together to make sure our streets are safe and that our laws are applied equally. We are giving opportunities for kids that they do not get in the criminal Justice System in the first place and i would like to thank all of you who helped us reach communities across the country. We learned that last year across every race and age group in america, income rose and poverty fell compared physical Household Poverty fell. Folks physical Household Incomes grew at the fastest growth rate on record, lifted 3. 5 Million People out of poverty including one million children, the largest drop in 50 years. By so many measures, our country is stronger and more prosperous than it was eight years ago. None of it has been quick or easy. None of it has come without a fight. So much of our work remains unfinished. We knew that we would not solve our challenges in one turn or even one presidency, not even in one lifetime compared we one lifetime. Because we understand better than anybody that this is the story of america, that the project of america is never finished. It is constantly a work in progress and what has always made is unique is our capacity to change. Our conviction that change does butcome from some ruler, comes from the bottom up from us whether it is women seeking the right to vote or john lewis meeting leading a march in selma we do our part to slowly steadily make our reunion a our union a little bit more perfect. We know that. That is what we have done for eight years. And now that is what we have to keep on doing. You may have heard hillarys opponent in this election say there hasnt been a worse time to be a black lesson. Be a black person. [laughter] pres. Obama he missed that whole civics lesson about slavery and jim crow. [laughter] pres. Obama but we got a museum for him to visit, so he can turn [cheers and applause]. Pres. Obama we will educate him. [cheers] pres. Obama he says, weve got nothing left to lose, so we might as well support somebody who hasnt fought against civil rights and fought against equality and who has shown no regard for working people for most of his life. While we do have challenges, but we are not stupid. [cheers and applause] pres. Obama we know the progress we have made despite the forces of opposition, despite the forces of discrimination, despite the politics of backlash. We intend to keep fighting against those forces. When governors refused to expand medicaid, it hits the folks most in need. We will fight. When folks block and increase the minimum wage or refuse to expand paid family leave or will not guarantee equal pay, hurting the pockets of every family, we will fight. When we are not investing in the schools that our kids deserve, when my Group Americans when one Group Americans is treated differently under the law, when there are those who somehow think it is wrong to make sure that folks have access to Affordable Housing lawyer on unwilling to are do what it takes to make sure our veterans the benefits that they have earned or arent helping to sign folks up for health insurance, we will not stop our march for justice. We will not stop pushing for the security and prosperity of all people. That doesnt stop with my presidency. We are just getting started. [applause] pres. Obama and when people when, across this country in 2016, there are those who were still trying to deny people the right to vote. We have got to push back twice as hard. In multiple states republicans are actively and openly trying to prevent people from voting, adding barriers to registration, cutting early voting, closing polling places in predominately minority communities, refusing to send absentee ballots, kicking people off of the roles incorrectly. This should be a national scandal. We were supposed to have already won that fight. Were the only advanced democracy that has actively discouraged people from voting. It is a shame. And then a try to justify it by telling us that voter fraud is rampant. Between 20002012 there were 10 cases of voter impersonation nationwide. People do not get up and say, im going to impersonate somebody and go vote. They dont do that. Meanwhile, some of the same folks who were trying to keep you from voting turn a blind eye to thousands of people who were killed by guns, imposing the voter identification restriction so that a gun license can get you on the ballot but a student id cant. We are more afraid of a ballot then a bullet. Our work is not done. If we are going to advance the cause of justice and equality and prosperity and freedom, then we also have to acknowledge that even if we eliminated every restriction on voting, we would still have one of the lowest voting rates among free people and that is not good. That is on us. I am reminded of all of the folks who had to count bubbles in a bar of soap. It beats tried to register voters in mississippi, risked everything so that they can pull that leverage. So, if i hear anybody say that their vote doesnt matter, then it doesnt matter who we elect. Read up on your history. It matters. We have got to get people to vote. [applause] pres. Obama in fact, if you want to give michele and me a sendoff, do not just watch us walking into the sunset, get people registered to vote. If you care about our legacy, realize everything we stand for is at stake, all the progress we have made is at stake in this election. My name main of the on the ballot that our progress is on the ballot. Tolerances on the ballot. Democracy is on the ballot. Justice is on the ballot. [cheers and applause] pres. Obama schools are on the ballot. Ending mass incarceration that is on the ballot right now. There is one candidate who will advance those things and there is another candidate whose defining principle, the central theme of his candidacy is opposition to all that we have done. There is no such thing as a vote that doesnt matter. It all matters. After we have achieved historic turnout in 2008 and 2012 in the Africanamerican Community, i would consider it an insult to my legacy if this community lets down its scarred and fails to activate itself in this election. You want to give me a good sendoff . Go vote. I going to be working as hard as i can the next seven weeks to make sure that folks do. [applause] pres. Obama hope is on the ballot and fear is on the ballot, too. Hope is on the ballot and fear is on the ballot, too. A few days ago, michelle and my motherinlaw and the girls and i, we got an early look at the new Smithsonian National museum of African American history and culture. [applause] we looked at the shackles that were used to bring folks over. We saw the shacks slaves have been trying to make a way out of no way. Indent, with each successive level, we saw unimaginable courage and struggles and the sacrifice and the humor and the innovation and the hope that led to such extraordinary progress even in our lifetimes. And it made us proud, not because we had arrived but because, what a road we have had to travel. What a miracle that despite such hardship, we have been able to do so much. And i know everybody in this room understands that progress is not inevitable. Its sustainment depends on us. It is not just a matter of having a black president or first lady, it is a matter of engaging all of our citizens in the work of our democracy. It was that slave who said, you know what . Despite the risk of the lash, i am going to learn how to read. It is Harriet Tubman saying, despite the risk to my life, i am going to free my people. Its Sammy Lou Hamer saying despite the ostracism, the blowback, i am going to sit down and here in this Convention Hall and im going to tell people what it is like to live the life i am living. Im going to testify to why change needs to come. Its a Young John Lewis saying, i am going to march despite those horses i see in front of me. All of those ordinary people, all of those folks whose names arent in history books, providing a tribute to them. That is why we are here. That is how progress is sustained. And then it is a matter of electing people to office who understand that story, who feel it in their hearts, in their guts, and understand that government cannot solve all of our problems but it can be a force for good. To experience this Incredible Museum is to be reminded, we are just a small part of a long journey. Generation after generation, striving against the odds. What an inspiration they are. And what an inspiration all of you are, especially the young people who are here. That is why i am still fired up. That is why i am still ready to go. And if you are to, if you are ready to continue this journey that we started, then join me. Register folks to vote, get them to the polls, the marching, keep fighting, keep organizing. If we understand it, this isnt the end, this is the beginning, we are just getting going, then i have never been more optimistic that our best days are still ahead. Thank you for this incredible journey, cbc. God bless this country that we love. We love you. [applause] [ sousa the stars and stripes forever] [captions Copyright National cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [applause] [applause] h inillary clinton Hillary Clinton hello, it is great to be back with you here tonight. I would let to thank my congressman, representative , members of the Congressional Black Caucus, and congratulate all of the honorees. On a personal note i want to recognize a dear friend who is years,g after or a six congressman charles wrangle. She is oneofakind. We are grateful for your years of service. And what can i say about one of the best president s this country has ever had . Barack obama. [applause] all through this campaign i have made the point over and over again. Obama saved our country from a second great , he brought Osama Bin Laden to justice, and so much more. I for one dont think he gets the credit he deserves for doing what he has done on behalf of our country and the world. [applause] sec. Clinton and it is not just the president he has been, but the man he is. Even when hateful nonsense is thrown their way, barack, michelle, their two beautiful daughters have represented our country with class, grace, and integrity. [applause] sec. Clinton as michelle said, when others go low, we go high. [applause] sec. Clinton i know i speak for not just everyone in this room, but so many tens of millions of americans. Mr. President , not only do we know you are an american. You are a great american. [applause] sec. Clinton and you make us all proud to be americans too. Let me think the leadership of the cBc Foundation for this great honor. And to thank all of my friends in the Congressional Black Caucus for it as well. I dedicate it to all the trailblazers who came before me, who blazed trails that i could follow in their footsteps, Barbara Jordan. [applause] sec. Clinton i would not be standing here without them. Generations of women and men who struggled and sacrificed and cleared a path for all of us. This award is also for everyone out there helping to break down the Barriers Holding americans back, two leaders, like all of view, and to a rising generation of young activists, to all those on the front lines dedicated to the proposition that in america every single child deserves the chance to fulfill his or her godgiven potential. This has been the cause of my life. Ever since i went to work for the Childrens Defense Fund all those years ago. And i am going to close my campaign the way i began my career, and the way i will serve as your president , focused on opportunities for our children and fairness for our families. [applause] sec. Clinton we have so much work to do together. I have heard many heartbreaking stories over this campaign. One was from a working mother to three children from northeast philadelphia. She testified at the dnc platform meeting in june and told us how her husband had been laid off and she worked in a parttime job. She said she had been hungry more times than she could count and that life felt like a maze because she faced barriers no matter which way she turned. But despite all of this, she has hope. She Still Believes that her aid your old daughter will be president eightyearold daughter will be president one day, and she believes this election can make all the difference in the world to her and her family. Lets prove her right. As a country, we have a moral obligation to give her family and every family a chance to rise up and reach their dreams. That is what is at stake in this election. It is not about golf course promotions or birth certificates. [laughter] [applause] sec. Clinton it comes down to who will fight for the forgotten, who will invest in our children, and who will really have your back in the white house. We need ideas, not insults. Real plans to help struggling americans in communities that have been left out and left behind, not prejudice and paranoia. We cant let Barack Obamas legacy fall into the hands of someone who does not understand that. [applause] sec. Clinton whos dangerous and divisive vision for our country will drag us backwards. Instead, we need to come together to get incomes rising with a higher minimum wage, to invest in neglected communities with efforts like jim clyburns 102030 plan, to get guns out of the hands of dangers people, and the fight for criminal Justice System that delivers justice, and to make sure all kids have good schools and good teachers no matter what zip code they live in. [applause] sec. Clinton when you really think about it, the choice this november is about so much more than democrats and republicans. As Michelle Obama said at the democratic convention, it is about who will have the power to shape our children for the next four years of their lives. It is also about the kind of country we want to be, what we want to leave behind for future generations. I think everyone here who has been fighting for this vision over so many years i think everyone here who has been fighting for this vision over so many years. I want to thank everyone here for supporting me. Im not taking your vote or anyones vote for granted. I am working every single day to earn your support, and i need your help over the next 52 days to bring our Campaign Across the finish line together. [applause] sec. Clinton Barbara Jordan famously said that a government is invigorated when each of us is willing to participate in shaping the future of this nation. So to everyone here tonight, please keep doing what you are doing, but also help to register voters, tell others about the clear choice in this election. In some states, early voting is nearly here, so we need to keep the pressure on. Lets send a loud and clear message once and for all, we are stronger together. And no matter what remember this, love trumps hate. Thank you all very much. [applause] i never met a woman like you and in just a few minutes, we its that time of the year to announce our studentcam documentary competition. This years theme, your message to washington dc, tell us what is the most urgent issue for the new president and congress to address in 2017 . Our competition is open to all middle school or High School Students with 100,000 awarded in cash prizes. Pretty say five to seven minute documentary on the issue selected. The 100,000 in cash prizes will onewarded in shares between hundred 50 students and teachers. And the grand prize will go to the student or team with the best overall entry. This years deadline is february 2017. Is january 20, go to our website, studentcam. Org. Back monday tos continue debate on a shortterm continuing resolution to fund the government passed the september 30 deadline. Is a scheduled vote for 5 30 eastern. By majoritys moved to allowconnell negotiations to continue. The senate is live on cspan two. The house returns for legislative business tuesday, on the agenda this week exempting u. S. Olympic or paralympic athletes from paying debt from paying from paying taxes. Several bills, including a ban on u. S. Cash payments to iran. Also possible the house will take up a continuing resolution to extend funding past the deadline. Live coverage of the house tuesday at 2 p. M. He eastern on cspan. Donald trump at his Vice President ial nominee mike pence outline their economic plan this week at the economic summit in new york. This is about an hour and 15 minutes. Barbara i am barbara ben allen, the president of the Economic Club at the Economic Club of new york is the nations leading Nonpartisan Forum with speeches on economic, social, and political issues. More than 1000 prominent guests have appeared before the club over the last century. Established a very strong tradition of excellence. We want to personally recognize the now than 234 members of the centennial society. These club members continue to make extraordinary contributions to ensure Financial Stability of the club in its second century. Are in your program, and they are seated in the front. Would also like to welcome the member sponsor table of students from Nyu Stern School of business. That are in attendance today. Convention this summer, the Economic Club with the board of directors extended an invitation to both of the candidates to come to the club and present their economic platform. This afternoon we are absolutely honored to be able to welcome our guest speaker, donald j trump, the republican president ial nominee. [applause] i am delighted to say that to introduce mr. Trump today, we are pleased to welcome indiana governor and Vice President ial candidate mike pence. [applause] overnor . Governor, the podium is yours. Thank you to members of the pence thankernor you to members of the board. To the members of the table, it is great for this small town boy to be in the big apple, and true introduce and introduce today the next president of the United States of america. [applause] its a particular honor for me to be here at the Economic Club of new york, a historic and storied place. A place where men and women that only drive this great city, but much of the american dynamic economy over the decades of our manyns history in so different ways, each one of you makes an extraordinary difference. It is also great to be back in new york city. I have been great i have been a i have been on the campaign trail since i have accepted my running mate invitation to run and serve as the next Vice President of the United States of america. [applause] i was humbled to accept that invitation with my wife at my side. I did it in a heartbeat because is in demand of a president of the United States who is the embodiment of this great city and nation. Is a builder, he is a jury murder, and i believe when he becomes president he will make America Great again. We find ourselves on this day in the middle of september, 2016 come in the middle of the weakest economic recovery since the Great Recession. Republican nominee for president of the United States will do what so Many American leaders have done from this very podium. He will take this moment to outline a new economic vision, a vision to make this country great and strong and prosperous again. You know him well in new york city. I have just gotten to know him over the last few months. So when he walked up to me and said you know i have known donald trump for the last 30 years and ive really liked him. Really i have have only known him for the last 120 days and i really like him. He will be a great president of the United States. We have become best friends. For all the world it seems like i have known him all my life. Like so many builders and entrepreneurs he is a dreamer, he is a driver, he is a man who speaks his mind. I have to tell you something you may not know here in the big apple, that clear ride vision has literally inspired a movement of people all across this country. I was in scranton pennsylvania. Handwhere i go i see first that he is giving people, like no other president in my lifetime since ronald reagan. I think the key is that donald trump has never forgotten the men and women in this who built this country. Men and women who worked with their hands, who grow our food, who build our roads and bridges and protect our families. And they know it. This is a challenging time. For working families all across this country. The truth of the matter is, as i stand before you today, not only are we in the midst of the weakest economic recovery since the great depression, but were we also have an economy that in the last quarter only grew by 1. 1 . We have the lowest Labor Participation rate since the 1970s and most heartbreaking of all, from 7 1 2 years ago to today, theres nearly seven million more americans living in poverty than there were in 2009. You know, for all the world, these days remind many of us of the 1970s. Then as now we had one candidate who spoke of a National Malaise and of accepting a status quo. And then there was another candidate who spoke with confidence of a boundless american future and the American People chose that optimistic future and i believe they will again. [applause] the other party tells us this is the best that we can do. That the American People know better. It is nowhere near the best we can do. It is the best they can do. When donald trump becomes president of the United States of america, we will get this economy moving again for every city and every town and every state in the nation. [applause] today youll hear donald trump again describe that vision that will unleash the bounledless potential of the American Economy boundless potential of the American Economy. An American Economy that will be driven by empowering working families and businesses large and small. Encouraging entrepreneurs to invest, to build and to grow and to produce right here in america again. And so let me say it is a joy for me, it is a privilege for me. But it is also a distinct honor to introduce to you the next president of the United States of america, donald trump. [applause] mr. Trump thank you very much, ladies and gentlemen. Its a great honor to be with you. We had some really incredible things happen today. The polls are coming out, were leading in so many polls. I cant tell you, i dont know where to begin. But thats a good feeling. We are, i guess cnn just came out, were leading nationwide with cnn. Were leading in ohio and were leading just i think it just came out, were leading in north carolina, florida, were leading and were having a lot of fun. Were having a lot of fun on the campaign. And on the trail. I just wanted to say that its always a lot of fun when you come up and the people dont have the teleprompter working, but thats ok. [laughter] lucky i brought some notes. Today i do want to outline a plan more American Economic revival. Its a bold and ambitious and forwardlooking plan to massively increase jobs, wages, income and opportunities for the people of our country. Great people of our country. I will tell you. My plan will embrace the truth that people flourish under a minimum government burden and will tap into the incredible unrealized potential of our workers and their dreams. Right now 92 million americans are on the sideline outside of the work force and theyre not a part of our economy. Its a silent nation of jobless americans. And look no further, and i mean no further, all you have to do is look at flint, where i spent a lot of time, the city of flint. And what a disaster has taken place. The jobs have been stripped from the community and its infrastructure has totally collapsed. In 1970 there were more than 80,000 people in flint working for general motors. Today its less than 8,000. We have 8,000 people and thats going down. And theyre making very, very little, and people are trying to go down to that ,000 mark. That 8,000 mark. What were doing is ford, ford has announced just yesterday that theyre moving their small car production facilities to mexico. And ive been talking about this a long while and i think thats maybe one of the reasons that were doing so well in ohio and michigan and lots of other places where cars and parts are involved. To think that ford is moving its small car division is a disgrace. Its disgraceful. Disgraceful that our politicians allow them to get away with it. [applause] really is. It used to be cars were made in flint and you couldnt drink the water in mexico. Now cars are made in mexico and you cant drink the water in flint. [applause] were going to turn this around my economic plan rejects the cynicism that says our labor force will keep declining, that our jobs will keep leaving. And that our economy can never grow as it did once before. And boy, oh, boy, did it used to grow. We reject the pessimism that says our standard of living can no longer rise and thats all there is really left to divide because frankly were looking at an economy now of no growth and redistribution of wealth. And thats not going to work. Everything that is broken today can be fixed and every failure can be turned into a truly great success. Just look at the way i just melded into the teleprompter that just went on. [laughter] who else could have pulled that off, ok, who else. [applause] jobs can stop leaving our country and they will just absolutely start pouring in. Failing schools can become flourishing schools. Crumbling roads and bridges can become gleaming new infrastructure. Inner cities can experience a flood of new jobs and investment and rising crime can give way to safe and prosperous communities. All of these things and so much more are possible. But to accomplish them we must replace the present policy of globalism, which has taken so many jobs out of our communities, and so much wealth out of our country and replace it with a new policy of americanism. [applause] america first. Remember that. [applause] understand this american system, every policy decision we make must pass a simple test. Does it create more jobs and better wages for americans . The test. If we lower our taxes, remove destructive regulations and we have to do that, unleash the vast treasure of American Energy and negotiate trade deals that put america first, then there is no limit to the number of jobs we can create and the amount of prosperity we can unleash. America will truly be the greatest place in the world to invest, hire, grow and to create new jobs, new technologies, and entire new industry. Instead thank you. [applause] instead of driving jobs and wealth away, america will become the worlds great magnet for innovation and job creation. My opponents plan rejects this optimism. She offers only more taxing and her tax increases are unbelievable. More regulating. More spending. And more wealth redistribution. A future of slow growth, declining incomes and dwindling prosperity. The only people who get rich under Hillary Clinton are the donors of the special interests. But bad for our country. And Hillary Clintons america, we have surrendered our status as the worlds great economy. And we have surrendered our middle class to the whims of foreign countries. We take care of them better than we take care of ourselves. Not one single idea shes got will create one net american job or create one new dollar of american wealth for our workers. The only thing she can offer is a welfare check. Thats about it. Our plan will produce paychecks and theyre going to be great paychecks for millions of people now unemployed or underemployed. In the course of this campaign, ive traveled all across the country and ive met the most amazing people. Every day ive seen the good the goodness and character of our country and brave citizens proudly fighting through hard times and difficult circumstances. I have been all over this country, folks, and we have unbelievable people, but they need leadership. The country needs leadership. In many parts of our country, the hard times never seem to end. I visited cities and towns in upstate new york where half of the jobs have left and moved to mexico and other countries. The businesses are gone, theyve been taken away, like taking candy from a baby. Politicians have abandoned these places all over the country and the people who live there are just there. No hope. Worse still, politicians have heaped scorn and disdain on these wonderful americans. My opponent described tens of millions of american citizens as deplorable and irredeemable just last week. So how can Hillary Clinton seek to lead this country when she considers its citizens, tremendous, tremendous numbers of them, beyond redemption . The hardworking people she calls deplorable are the most admirable people i know. Theyre cops. [applause] and soldiers. Teachers and firefighters. Young and old. Moms and dads. Blacks and whites. Latinos. Above everything else, theyre americans. Some are rich americans, some are poor americans. Theyre americans. They love their families. They love their country. And they want a better future. These are the forgotten men and women of our country and they have been forgotten. People who work hard but dont have a voice. Im running to be their voice. \[applause] mr. Trump and to bring prosperity to every part of this country. Too many of our leaders have forgotten it is their duty to protect the jobs, wages and wellbeing of American Workers before any consideration. We have to do that. Im not running to be the president of the world. Im running to be the president of the United States of america. [applause] and as your president , i will fight for every last american job and every american company, which really a lot of companies in this room, i can tell you. We are going to be fighting for you. [applause] you are bringing the jobs. We are a nation that paved the way, dug out the panama canal and won two world wars and put a man on the moon. Its time to start thinking big once again. Thats why i believe its time to establish a National Goal of reaching 4 Economic Growth. [applause] and my great economists dont want me to say this, but i think we can do better than that. Theyre upset, will be very upset. But i think we can substantial do substantially better than that. In working with my Economic Team we put together a plan to put us on track to achieve that goal. Over the next 10 years, under our plan, the economy will average. 5 growth and create a 3. 5 growth and create a total of 25 million new jobs. You can visit our website. Just look at the math. It works. [applause] this growth means that our jobs and plans, including our child care reform that ivanka trump, my daughter, is so involved in, will be complete i like her too. Will be completely paid for in combination with proposed budget savings. It will be deficit neutral. If we reach 4 growth, it will reduce the deficit. It will be accomplished through a complete overhaul of our tax, regulatory, energy and trade policies. [applause] right now, under the obamaclinton policies, the economy grew only 1. 1 last quarter a number that was shocking to people that do this professionally and for life. It translates into millions of lost jobs and certainly millions of lost good jobs because we dont have good jobs anymore. Those jobs are gone and going. This is the weakest socalled recovery since the great depression. Over the last seven years, the economy grew only 2. 1 , the slowest period in 70 years. Had the economy grown at the same rate as reagan, it would have meant 10 million more jobs. Perhaps most shockingly, one in six men aged 18 to 34 are either in jail or out of work. Meanwhile, another two million hispanic americans have been added to the ranks of those in poverty. On top of it all, the obamaclinton policy has doubled the national debt. It took more than 230 years for the United States to accumulate its first 10 trillion in debt. It took president obama less than eight years to add another 10 trillion. Now, it will be one thing if that money had been used to completely rebuild our nation, our military, our infrastructure, but that didnt happen. Instead, the opposite happened. We doubled our debt and in return, we have dilapidated infrastructure, failing schools, a badly depleted military, greatest people on earth and they have a badly depleted military, its equipment, old and tired. And another 14 Million People who have left the work force. Never has so much money been spent so poorly and so unwisely. But we are going to turn that all around and heres how. It begins with bold new tax reform. [applause] dont worry, theyre going down, not up. Theyre going down. You were concerned they were going up. As outlined in detroit, our tax plan will greatly simplify the code and reduce the number of brackets from seven to three. The new brackets will be 12 , 25 , and 33 . Low income americans will pay no income tax at all. In fact, our plan will remove millions and millions of workers from the income tax roll entirely so that all of that work that we do in washington can be discontinued. Theyll pay tax, theyll pay tax but theyll pay tax when they start making a certain amount of income. By lowering rates, streamlining deductions and simplifying the process, we will add millions and millions of new jobs. In addition, because we have strongly capped deductions for the wealthy and closed special interest loopholes, the tax relief will be concentrated on the working and middle class taxpayer. They will receive the biggest benefit and it wont even been close. They have been forgotten. We are not going to forget them. They have built our country. We will not forget. Thank you. [applause] this is a working and middle class tax relief proposal. The tax relief for these workers will be expanded by my child care proposals that i have worked on with my daughter ivanka. These proposals are central and are very, very powerful central element of our comprehensive tax reform and Economic Growth plan. Families will be able to fully deduct the average cost of child care from their taxes, including stayathome parents. Because the deduction is capped, it will be disproportionately and it will benefit working and middle class families. Got to take care of our middle class families. The less you make, the larger the share of your income you can exclude from taxation. Parents will also be able to enroll in a taxfree dependent care savings account for their children or elderly relatives. Low income households will benefit from both an expanded earned income tax credit in the form of child care rebates and a matching 500 contribution for their savings account. A married couple earning 50,000 per year with two children and 8,000 in child care expenses will save 35 from their current tax bill. Thats a tremendous savings. \[applause] and theyll have a better life. A married couple earning 75,000 per year with two children and 10,000 in child care, expenses will receive a 30 reduction in their tax bill from what they are paying right now. By contrast, someone earning 5 million, like the people in this room, will receive virtually no change in their tax bill at all. One of our greatest job creation measures is going to be our 15 business tax rate, down from the current 35 rate, a reduction of more than 40 . [applause] i know thats what you people have been waiting for. An explosion of new businesses and new jobs will be created. It will be amazing to watch. You watch and it will happen. We will also allow United Statesbased manufacturers to fully expense the cost of new plants and equipment. Big, big deal. [applause] on top of that, we will bring back trillions in business wealth and this is wealth that costs overseas, nobody knows how much it is. They say its 2. 5 trillion. I have people who think its 5 trillion. Well bring them back and itll be taxed only at the rate of 10 instead of 35 . Who would bring it back at 35 . Obviously nobody because nobody is doing it. I think its going to be something that will be so phenomenal, far beyond what people even think. By taxing it at 10 instead of 35 , all of this money will come roaring back into our country and lots of good things will start to happen. We will turn america into a new magnet with new jobs and that means jobs in our poorest communities. So important. And right now, we have companies leaving the country because taxes are too high, but we actually have companies leaving the country to get their money. Thats a first. Nobody has ever heard of that one before but believe me thats happened. Next comes regulation. We have to scale back years disastrous regulations, unilaterally imposed by out of control bureaucrats. Regulations have grown into a massive jobkilling industry and the regulation industry is one business i will absolutely put to an end day one. [applause] in 2015 alone, federal agencies issued over 3,300 final rules and regulations, up from 2,400 the prior year. Every year, overregulation costs our economy 2 trillion a year and reduces Household Wealth by almost 15,000. I propose a moratorium on new federal regulations that are not compelled by congress or public safety. And i will eliminate all needless and jobkilling regulations on the books, and there are plenty of them. [applause] this includes eliminating some of our most intrusive regulations, like the watt orse the u. S. Rule, and it means scrapping the e. P. A. s socalled clean power plan, which the government itself estimates will cost 7. 2 billion a year. This obamaclinton directive will shut down most if not all coalpowered electricity plants. All over the country, they are shutting down. Remember what Hillary Clinton said. She wants to shut down the miners, just like she wants to shut down the steel mills and steelworkers and were not going to let that happen. [applause] were going to put our great miners and steelworkers back to work. Energy reform is central to our plan as well. According to heritage foundation, by 2030, president obamas Energy Restrictions will eliminate half a Million Manufacturing jobs, reduce economic output by 2. 5 trillion and reduce incomes by 7,000 per person. And today, you have workers, and i see them all the time and i meet them all the time and they are part of this Massive Group of people that have just come on to this movement. But you have workers making less money today than they made 18 years ago in real wages. They are working much harder oftentimes because of the disastrous obamacare that we are going to repeal and replace. Oftentimes, theyre working two jobs. So they are working harder, theyre older and theyre making less, like me. Im working harder than i ever worked also. But these are minor, nobody cares about that. Who cares about that . Hillary clinton wants to go even further and her plan could cost the economy 5 trillion. A Trump Administration will lift restrictions on all sources of American Energy production. According to the institute for American Energy resources, this will increase the g. D. P. By more than 100 billion annually. Add over 500,000 new jobs annually. Increase annual wages by more than 30 billion over the next seven years. Increase federal, state, local tax revenues by almost 6 trillion over four decades. Increase total Economic Activity by more than 20 trillion over a 40year period. In addition, we will streamline the permitting process to all Energy Infrastructure projects which are desperately needed, including the billions of dollars in projects held up by president obama currently being held up. They just wont approve anything. Creating countless more jobs in the process. Finally comes trade. The foundation for everything. Americas annual trade deficit with the world is now almost 800 billion a year. Who are negotiating these deals . Anybody in this room negotiating these wonderful deals . Think of it, we have a trade deficit of almost 800 billion a year. Thats going to change so fast. Between world war i and the year 2000, the United States averaged a 3. 5 growth rate. But after china joined the world trade organization, our average growth rate has been reduced to only 2 . Predatory trade practices, product dumping, currency manipulation, which is a big one and intellectual property theft have taken millions of jobs and trillions of dollars in wealth right out of hour hands, right out of our country. So sad that we allowed this to happen. Our incompetent politicians were not watching. And the ones that were watching, were taken care of in some form, because this should have never been allowed to have happened. It is no great secret that many of the special interests funding my opponents campaign are the same people profitting from these terrible trade deals