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CNNW The July 4, 2024

Ignite, enacted a 2,000,000,000,000 tax cut when he was president overwhelmingly benefited the very wealthy. An exploded the federal deficit exploded. We cut the deficit and we added more to the National Debt than any president in his term. And all of history. And under donald trump these guys talk about, oh too many corporations raise their prices and pad their profits charging you more and more for less and less. Thats what were cracking down on. Corporation is engaged in Price Gouging and deceptive pricing looks Like Companies that you wouldnt notice. They thought you would notice, but, you know, if youre you give me the same size bag of page eight chips, about 20 fewer chips know. By the way, its not a Joke Somebody may see there was a tv thing on how snickers bars. Same exact price was. I dont hold me the exact number, like 20 less barr im serious Congress Needs to sigh. Bobby casey is build a stop spent place these are a family i grew up in. These are Kitchen Table issues. Im also getting junk fees for those hidden fees. That is the end of your bills without your knowledge . Why understand you Just Announced were cutting credit card late fees from 32 to 1 by the way ive got freed arbitrary. The law says they can charged for life through what a cost them, the collective. It does not cost anywhere near 32, but they make over time, over that period, billions of dollars, literally it started me. Youve got 450,000 people pay those late fees and they charged this over, they end up paying over 2 billion the banks and Credit Card Companies dont like it. Why . Im saving American Families 20 billion a year with those junk fees by 20 billion by the way, i grew up i grew up in scranton and claymont, delaware. There are the two places i grew up and you know what made a difference in my household if you had to pay extra 50 bucks a month, 100 bucks a month with things it wasnt fair. It matters. And so does this, folks does anybody think the tax code is fair . I mean, im serious. I dont i dont have to keep fighting like calvin make it fair under my plan, nobody making less than 400,000 year, which id never made so i became president will pay one penny in additional tax. Nobody, not one penny. A Big Corporation big corporate, will finally has to begin hey, their fair share really this is just fairness. Fairness and decency. This is not were not making this stuff up in 2020 50. You might remember this is a big fight i had with the republicans in 20 2055 of the largest corporations in america, made 40 billion of profit. And paid zero in federal taxes well, i was determined to change that. Guess what . Not anymore. Thanks to the law i wrote and signed Big Companies now have to pay a minimum of 15 its, only 15 . So less than Working People pay in federal taxes. This time, were going to raise the minimum tax for corporations, at least 21 and so every billiondollar corporation finally begins to pay their fair share. And look, i want to end tax breaks for big pharma, big Oil Corporate jets, massive executive pay that gets deducted as i said, there are 1,000 billionaires in america in their federal tax rate is 8. 2 . I said three before thats far less than the vast majority of you pay. No billionaire should pay a lower tax than a teacher, a sanitation worker, a nurse thats why i propose not the highest fact, the minimum tax of 25 for billionaires just 25 guess what . Now how much money that would raise over the next ten years . 500 500 and imagine what that could do for american, for our future it could cut the deficit, could provide for child care, can find me so much that we need to do and not raise the deficit lets invest less, continued investment in the future by confronting Climate Crisis, not denying it. I dont know since ive been president , ive gone with with all the folks my administration ive flown over those wildfires out west and northwest and southwest ive literally the helicopter, all of them and guess what is burned down, more timber, more housing, and comprises the scott tyre, state of maryland weve taken the, most significant action to climate ever in History Of The World i said i couldnt get past we got 369 pass for climate still cut the deficit the american save america is safer today when i took office year before i took office, murder, rachael went up to 30 nationwide. The biggest increase in American History under the last guy and now through the American Rescue plan, whichever republican voted against, i might add, ive made the largest investment of Public Safety ever last year. Further rate saw the sharpest decrease in history. Violent crime lead fell to one of the lowest levels more than, than more than 50 years. Im ramping up federal enforcement to vows for violence against women act, which i proudly wrote. So we can finally end the scourge of violence these guys for taking away guns from domestic abusers i mean, i dont know where that we beat the nra when i proposed and signed most significant Gun Safety Law in 30 years now, we have to beat nra again. Im demanding a ban on Assault Weapons and highcapacity magazine i didnt want pass universal background checks the immunity that protects Gun Manufacturers. They look a badger. Imagine if tobacco had the same limitations. Companies that Gun Manufacturers. The only Major Corporation in america, industry, america, you cannot sue is Gun Manufacturers think about that. Magen had that been the case with tobacco . How many more people be dying of cancer . Look, theres a lot more to say, but im keeping a standard too long. I know i was watching on television the last night about two in the morning after he got back to the house House The White house still think of hard to figure this home. I had the tv on fox news commentators saying you know, biden is changi from trickledown economics to build from the middleout, the bottomup going to ruin America Ruined American we have the strongest economy in the world right now like i said like i said i mean, it sincerely and i believe that my whole career finally got it done if we focus on the middleclass first of all first of all, there, the Heart And Soul and sinew of the country if you focus on them and give an even chance, the poor have a way up. And the wealthy still do very, very well still do very well. As i said, im a capitalist but capitalism when it turns to engaged in on cotton, noncompetition it ends up being just stealing well, let me close with this i know youre thinking that i couldnt have been around very long when you get to be my age, certain things become clearer than ever before. I know the american story ive seen it again and again in contest between competing forces, the battle for the soul of this nation. Semi may remember when i ran in 20 i got criticized by the press for santa is running for three reasons. One, to restore the soul of america to build a middleclass so we can begin to grow again, everybody have an even chance. And three United Country theres still my goals are still my goals the soul of the countries who we are you know, did you ever think those you are over 40 did you ever think wed been a situation where we talk each other like three why you see things that we see that no matter how tense things were theyre really tough and other parts of our history we arrived down the street there was a trump banner with the fu on it and a little at a sixyearold kid putting up as Middle Finger did you ever sit . No, im serious. The jeffrey, thank you. Hear people talk the way they do look at domains, domains who we are thats not who america, thats not america those between those of us who want to pull america back at the past and those who want to move it into the future my lifetime has taught me to embrace the future i mean, it sincerely freedom, democracy future based on the core values that have defined america honesty, decency, fairness, equality just treating people for fairly. No, i really mean it. We dont always live up, but that thats the american creed donald trump sees the story differently. He sees a story of resentment, revenge, retribution ive been working like hell unite europe, nato and make sure ukraine doesnt get crushed by this dictator and russia fact is that you have a president who literally is invited food to do it at once with hell, it wants to come into ukraine. He thinks putin is a strong, basically easy, decent guy. You know who hes meeting with today. Down to maralago or ban hungry who stated flatly he doesnt think democracy works. Hes looking for dictatorship only member of nato thats who hes meeting with i see a future where we defend democracy, not diminish it defend our freedom, not good one way i see a future the middle class has a fair shot and the wealthy pay their fair share for. The planet move from the Climate Crisis in our country away from gun violence. We have so much i see a Future America remains a beacon of the world. Ive been doing Foreign Policy since i was a kid in the senate i was chairman of Foreign Relations committee. And ive gone now i spent over almost 200 hours with the leaders of europe, the heads of state. I know them all. Ive known them well and guess what . Know what everyone im says to me virtually except or ban. Im serious as we leave these meetings well, indirectly, they grabbed my arm and i pull my side. Im serious it pulled me aside and say, youve gotten it. He cant win again because my demak leaving their country, my democracy is at stake why do not above all, i see a country for all americans a future for all americans a presidency for all americans because i believe in america, i believe in you, the american people. We just have to remember who and how we are. Where are the United States of america and beyond our capacity . If we do it together thank you. Thank you. Thank you for taking the time weve been. Listening to President Biden, pennsylvania kicking off the tour of Key Battleground States only hours after his fiery state of the Union Address last night im wolf blitzer in the Situation Room. We want to welcome our viewers here in the United States and Around The World. Want to go straight to our senior white house correspondent, mj lee. Shes on the scene for us in welling for pennsylvania. Thats outside of philadelphia, mj. The president is working to build on the momentum he appears to have gotten from his speech last night at the scene for us, this is just the start, right thats right. Wolf. We just saw the president s postState Of The Union tour officially get underway. Both the president and the first lady, we heard echoing some of the themes and issues everything right and maureen costs for everyday americans. But unlike last night, wolpe was really interesting heard President Biden, referring to his predecessor, but this time multiple times by name, using very stark language last night report many of the presence of floaters basically saying that they saw a version of President Biden, that they had badly wanted to be. They saw the bigger they sought clarity, they saw energy and they are now hoping that President Biden can take all of that replicated as he travels the country. Now to that end, we know from the campaign that the president is going to be doing korea proble in the coming days probably could face like georgia, new hampshire, wisconsin and michigan. And were also going to see the campaign beefing up its operations even more open getting new offices, launching a new ad campaign at basically everything that we see the campaign do from this point onward, is going to be with an eye towards november with donald trump in mind as we clearly saw from the presidency. Just now on the stage, now, just one last thing that i do want to know from where we are here in the suburbs of philadelphia we are seeing every day will find that the issue of the israelhamas war continues to be a big political complication for this president as we were coming the into this gymnasium we spoke with the protest or who said that she is here because she wants to call on the president to back a permanent ceasefire. Now, of course, as you know, the president so far only called for a temporary ceasefire when we saw him telling reporters just moments ago that he is not hopeful. That is deal can be struck on that front by the time that ramadan comes around, around this week well, or to mj lee on the scene for us and pennsylvania. Thank you, mj very much. I want to bring in our cnn political commentator Scott Jennings and karen finney along with Biden Biographer evan osnos, who is here with me in the Situation Room right now. So what do you think evan, you know, President Biden, youve written a terrific biography. You recently spent some time with him in the oval office for an article so you wrote in a Particle Board an article in the New Yorker Magazine is his best as he believed, his message is resonating right now. Yeah. I think youre starting to see the outlines of what the message is going to be. We heard some of that last night, and just now, were seeing what is going to be really the thrust of this in the very foreground, there is going to be talk of abortion every day there is a real feeling in the white house that they know this resonates with people theyre very concerned about losing that access to and losing there a right that has been established for 50 years. The threat to democracy. And then also these daytoday issues, things like Price Gouging, things like junk fees. I know it can seem like these are two very different kinds of problems. They see them as generational challenges. On the one hand, and then real practical daytoday issues. You put these things together and its important to add, you make a joke or two about your age, you invoke it as a sign of wisdom, as i remember when we were more decent to each other in public life. Thats a formula were going to hear a lot over the next few. What do you think about the fact that last night he really went after trump, but he didnt refer to him by name. The only referred to him as my predecessor, but today it was trump trump. Trump. Yeah. I think last night it was bidens night, you know, of course it isnt official speech that was a heavy political element, but he was there to talk about what it means to be the present United States. This was a Campaign Rally areas out on the road. Hes talking about the man he is going to be running against, not the man who he replaced and drove out of office the last time. So interesting, i stand by karen finney it seems to me, based on what im hearing from a bunch of democrats out there, they were pretty pleased by what the president did last night. I think theyre going to be pleased by what he just did now in pennsylvania, what are you hearing . Absolutely. I did some checking in today with particularly some the groups, the outside groups that are supporting the campaign. And they were very pleased and it was a big win. And as you can imagine, folks made a win. I mean, in a campaign you need to feel like you are clear about why youre doing it, your support, your guide, your guys out there fighting, and youre fighting for him in particularly they were pleased we saw in dial groups overnight, some of the internals showed independents, democrats, and republicans really resonating particular with this economic message. They also obviously modern campaigns youve got to be in the Digital Space and so different clips, they were testing from the speech did very well, particularly when we talked about he talked that Social Security reproductive rights, as evan pointed out also, towards the end, when he talked about the future. And so to what evan said, you arent going to hear more about that because again, the testing is showing that is resonating with people. So i think youre going to see and hear more and in the hours after his speech during a speech, in fact, as well, this campaign was raising a lot of money online. Yes, they were. And im obviously theyve been doing very well in in fundraising, despite what the polls might say. And again, last night, i think thats another sign of how well it was received. Very interesting indeed, Scott Jennings said, do you think President Biden has been able to surpass the very low expectations set by republicans in his remarks today. And last night, did they set the bar too low . Well, he thrilled democrats. I mean, he gave a Campaign Rally speech instead of the State Of The Union and he just gave another one today. And yeah. I mean, i think democrats are thrilled if you can hear it all day long last night, democrats are ve

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