Michigan, and with the united auto workers. You know, as they say in parts of my state, i got brung up on General Motors. My father ran the General Motors agency he didnt own it, but he ran it. Cars, are cars, are cars. By the way, i still have my 1967 corvette. It was new. I still keep that. Ive got to tell you, im waiting for that electric one that goes 110 miles per hour, but thats a different story. Earlier this week, and the reason we are a little bit late here, we found out, getting off the plane, the press asked me a legitimate question i did not have the background on, because it occurred on the plane. Earlier this week, we celebrated labor day, and here in the middle of the Automobile Industry, we never forget everything we owe the unions. Unions built this country. Unions built the economy, the economic engine has driven American Manufacturing, dynamism. And literally, literally, in the case of the autoworkers, you are the ones who did it. I want to thank you again, uaw region one, for hosting me today. It is great to see senator stabenow. My good friend, debbie stabenow. Got a chance to spend some time with the governor. Senator stabenow and i worked together on a lot a lot of on an awful lot of matters over the years. She was a great partner to me when i was vice president. We worked in lockstep to get the people of michigan back on their feet. We were joined by the best and brightest and hardest working governors around, governor, gretchen whitmer. If you are wondering what executive leadership looks like in the covid19, just look at this executive right here. [applause] governor, you have done an incredible job steering the people of michigan through a turbulent time. Much of it is brought on by Donald Trumps lack of leadership. You have been rock solid. You have listened to the experts and you have led with science. He put the needs of the people who are hurting first, helping them get through this crisis. Meanwhile, on the day we hit 190,000 dead in the United States because of covid19, we just learned from the washington posts columnist, bob woodward, that the president of the United States has admitted on tape in february, he knew about covid19, that it passed through the air. He knew how deadly was. It was much more deadly than the flu. He knew and purposely played it down. Worse, he lied to the American People. He knowingly and willingly lied about the threat it posed to the country for months. He had the information. He knew how dangerous it was. While this deadly disease ripped through our nation, he failed to do his job on purpose. It was a life and death betrayal of the American People. Experts say that if he had asked had acted just one week sooner, 36,000 people would have been safe. Saved. If he acted two weeks sooner, back in march, 54,000 lives would have been spared in march and april alone. His failure has not only cost lives, it has sent our economy in a tailspin. It cost millions more in american livelihoods. This is a recession created by Donald Trumps negligence, and he is unfit for this job. As a consequence of it. How many schools are not open right now . How many kids are starting a new school year the same way they ended last one . Ended the last one . At home . How many parents feel abandoned and overwhelmed . How many frontline workers have exhausted and pushed to their limits . And how many families are missing loved ones at their dinner tables tonight because of his failures . It is beyond despicable. It is a dereliction of duty. It is a disgrace. We are going to hear more about this, im sure, not just from me, but from the news media and from a lot of others. But i want to ask you one simple question what is the value of a promise . What is the worth of a woman or mans word . Of a president s word, if it is not matched by action . In 2016, thencandidate trump came here to warn, just a few days before the election, he said, if i am elected, you will not lose one plant. You will have plans coming to this country. You were going to have jobs again. You wont lose one plant, i promise you, i promise you. That is what he said. Donald trump makes a lot of promises. He promised that he alone could stop the off shoring in jobs. He promised he would bring back jobs, stop companies from leaving. He can do what nobody else could do it but him. He promised that his administration would force every would enforce every last buying american provision on behalf of the American People. What makes his wild claims in hopes, he now hopes we do not notice what he said or wont remember. And when he does follow through or doesnt do with followthrough, the exact opposite. Hes hoping we just have poor memories. He doesnt give us much credit. But the American People are smart, honest, decent, and they are hardworking. We expect our president to be straight with us. To do what he or she says they are going to do. Lets look at the reality of Donald Trumps economy. What exactly his promise to the American People and workers are worth. He is on track to be the first president since Herbert Hoover and the Great Depression to see the number of jobs in our economy go down, not up, while being president. Our economy is down 4. 7 million jobs since he took office. 4. 7 million. Even before President Trumps failed response to covid19 crashed our economy, is reckless and his reckless and chaotic trade policies had thrown American Manufacturing into recession. It was already contracting in 2019. Even when covid19 hit before it hit, trump was creating an average of 500,000 jobs fewer than the last three years when president obama and i were in office. And when the gm transmission plant in warren closed last year, i bet the workers around not all that comforted by trumps antipromises. Empty promises. Under donald trump, michigan lost auto jobs even before covid hit. And what about off shoring . Has trump delivered on stopping companies from shipping jobs overseas, american jobs . You already know the answer, of course not. The rate of off shoring by federal contractors there are people that get federal dollars from the federal government to do things. The off shoring. Big companies being paid by u. S. Taxpayers has doubled under trump. Those contracts, federal contracts, with your tax dollars. They have doubled the number that have been offshore. He invited companies to the white house to make what he called a pledge to American Workers. He couldnt even keep those firms from outsourcing. Many were given lucrative federal contracts, but then some of them turned around and shipped 7000 jobs overseas. Under President Trump, u. S. Trade deficit has grown. It has hit an alltime high. Let me say that again. The u. S. Trade deficit is that is at an alltime high under trump over the last three years. President trumps answer is the same as his answer to everything Corporate Tax giveaways. You heard me right. Giveaways that reward off shoring. If you offshore, you get more tax break. More tax breaks. His 2017 tax bill slashed taxes on companies send production and jobs overseas. That sent production and jobs overseas. Those corporations then make huge profits by shipping these foreignmade products back to the United States to sell to american consumers. And no industry has taken greater advantage of trumps off shoring tax loopholes than the pharmaceutical industry. Big pharma lobbied trump for a handout. That is exactly what they got from him. U. S. Pharma is building factories overseas instead of the United States, skipping out on having to pay u. S. Taxes. And then, sending those same foreignmade drugs act to back to american consumers. All while raising their prices on prescription drugs that Union Families and working people have to rely on. And in the process, by the way, he is trying to do away with all health care in america. During the pandemic, we are seeing not only the inequity of this policy, but the enormous vulnerability this creates for our own health security. And our security requires us to have supply chains of the necessary drugs based here, not overseas, not overseas, in times of crisis. What about trumps commitment to buy america . By american . Buy american . Like the rest of President Trumps promises, it has nothing to do with reality. It is a bunch of hot air. In fact, contracts awarded by u. S. Governments to Foreign Companies using american tax dollars went up 30 since he has been president. So to recap one, trump has not stopped companies from closing plants and sending jobs overseas. Two, he has rewarded companies that cut jobs and failed to invest here at home with billions of dollars in tax breaks. And three, he is awarding more and more federal contracts to Foreign Companies. President trump has broken about every promise he has ever made to the american worker, and he has failed our economy and our country. But look, would you really expect anything different from this guy . From someone who called those of you and those serving in uniform, who have given their lives to the country losers and suckers . Let me tell you something. S a u. S. Beau, a attorney, volunteered to go to kosovo to help them set up a government in the middle of a war. I am being proud, but he is the only foreigner that has a monument that they raised and built in service to him, thanking him for what he did. My son also as attorney general volunteered to go to iraq for one year. He was not a loser or a sucker. No one who served this nation has been a loser or a sucker. They are all heroes. Would you expect anything different from somebody who could stand next to the father of a fallen soldier and say, i do not get it . Say, i do not get it. What was in it for them . What was in it for them . Donald trump does not understand what it means to serve something bigger than yourself. He does not understand duty, honor, country. He lives by a different code. Lies, selfishness, greed, yes, donald trump and i have a pretty different philosophy when it comes to giving our word. Mine means something. When i tell the American People im going to do something, i followthrough. Here in michigan, you know thats true. In 2009, barack and i inherited an economy in freefall and millions of americans, including so many in michigan, lost their jobs, homes, and savings. With the help of debbie breaking her neck, president obama and i worked hard. He put me in charge of the recovery act. I spent a lot of time in michigan and detroit, working with the and thinking every single day about the folks on the factory line, busting their legs trying to put food on the table. A lot of folks were already ready to count detroit out, the automotive industry, but i knew what debbie knew. I have known always that never it is a good bet to bet against the american worker. We promised to stand with the auto industry. We delivered. We did not do it to help with the wealthy investors or pad bonus checks for ceos. We did it to save an iconic american industry. A testament to the skills and ingenuity of American Manufacturing, and the jobs of hundreds of thousands of American Workers, the lifeblood of communities across the midwest, and used to be, in my state of delaware. When detroit declared bankruptcy, i was working alongside city leaders to get the lights turned back on. To revitalize the future of detroit. While nearly 20,000 auto manufacturing jobs have been lost in michigan under trump, nearly 80,000 were created during the obamabiden administration. I have got a long history of not just talking about what im going to do, but delivering results for michiganders. And now, we need to do it again. We need to do the hard work not only to recover, but build the economy back for the future once more. That is why my build back better agenda is all about. It starts right here with you, and the union halls across america. Back in july, i made the first plank of my agenda to modernize American Manufacturing and technology to ensure that the future is made in america. By all of you. And today, i am announcing additional steps to make this plank stronger. First, we are going to oppose a impose a tax penalty on companies that avoid paying u. S. Taxes by off shoring jobs and manufacturing, only to sell those goods back to the american consumer. [applause] if you are a big corporate your big Corporate Strategy is to boost shareholder profits, your ceos bonuses by moving jobs out, well, we are going to make sure you not only pay full u. S. Taxes on those profits, but we are going to guarantee. We add a 10 off shoring penalty surtax to your bill. No more deductions for writing off expenses for the cost of sending jobs overseas, which is a big deal. That could be done here at home by qualified American Workers. I am not looking to punish american business, but there is a better way. Make it in michigan. Make it in america. Invest in our communities and the workers in places like warren. [applause] thats what this is about. Uaw workers, steel workers, ibw workers, youre the best craftsmen and women in the world, and youre right here. Youre ready to make it in america and just like there are consequences for off shoring there will be rewards and incentives for creating good paying jobs at home. Today, i am announcing my new American Made in america tax credit. A 10 advanced fulltext credit for companies that invest in the United States and American Workers to accelerate the recovery under our build back better agenda. If your company revitalizes or closes a facility, like the transmission plant that closed last year, we will take care of 10 of the investment that Company Makes to reopen. Reopen it. If you retool a manufacturing facility to make it more competitive by shifting to help build a new fleet of clean american vehicles made by uaw members, we will make sure it is more than affordable. [applause] affordable for you. [applause] we are going to make sure you get a tax credit. Eshore jobs that were sent overseas, increase wages for manufacturing jobs, we will make it even smarter for your company because we will make sure you get a tax credit. You know, these two steps on top of my plans to close each and every one of the trump loopholes he created in 2017 with his tax cut, to reward companies, big big tax breaks for off shoring, will end. If you are going to want to build things in the United States, because under our administration, it is going to deliver on the promise to buy american. It has been the law for a musty for almost a century, but we have never lived up to it. The idea is simple. Today, the u. S. Government spends about 600 billion of taxpayers money on federal contracts annually. And that money should go to support american jobs and american businesses. But President Trump has only ever treated it like it was a weak suggestion. Agencies in the federal government can require, can waive the requirement, and trump does not bother to kick back on that. Without explanations. We are going to change that when i am president. In my first week, i will sign a series of executive actions to make sure we enforce buy america and direct the full purchasing power of the federal government to fulfill its promise, starting by closing those loopholes immediately. [applause] and i promise you, i will use the full power of the defense production act to enforce buy american, and tighten the rules for Public Infrastructure projects. Roads, bridges, canals, airports. [applause] i am going to crackdown on companies that label products as made in america even if they are coming from china or elsewhere. We found out on trumps watch a we found out that on trumps watch, a Company Selling deployment bags to activeduty troops being deployed falsely claimed the product was made in america, when in fact it was made mostly in china. Trump did not do anything to respond. I am not going to let that happen on my watch. We are going to have an office at the white house dedicated to making sure everyone is playing by the same made in america rules. One more thing. When i say we are going to use the purchasing power of the federal government to reinvigorate domestic manufacturing, i mean it. We are going to do that with the Automobile Industry, as well. The United States government owns and maintains an enormous fleet of vehicles. We are going to convert those government vehicles into electric vehicles, made in america, sourced right here in the United States. With the government provided demand to retool factories that are suggesting they are struggling to compete, the United StatesAutomobile Industry will set up expanding capacity to the United States, not china, to lead the world in clean energy vehicles. I cannot wait to get us set behind that. Allelectric corvette that goes 210 miles per hour. You think i am kidding. I mean it. [laughter] a converted corvettes at a speed record of 210. 2 miles per hour. An electric vehicle. So do not tell me we do not make the best cars right here in the United States of america, and trucks. We are going to build on all the new infrastructure. We are going to build a network of 500,000 charging stations across america, providing an prevailing with