With the 11th archivist of the u. S. Saturday at 8 p. M. Eastern on cspan, cspan now, or online at cspan. Org. President biden spoke on septembers jobs reports showing that nonfarm payrolls increased by 336,000 and the Unemployment Rate stood at 3. 8 . The president addressed the unexpected numbers on National Manufacturing day, also weighing in on the race for a new House Speaker. Pres. Biden hey, folks. How are you . Pretty good. How are you . Pres. Biden good news today. This morning, we learned the economy created 336,000 jobs in september alone. That means, since ive taken office, weve created 13. 9 million new jobs. Youve heard me say it before, im going to keep saying it. My dad had an expression. Hed say, joey, a job is about lot more than a paycheck. Its about your dignity. Its about respect. Its about being able to look your kid in the eye and say, honey, its going to be okay, and mean it. well, 336,000 more americans if they have children can say that to their children and mean it. The Unemployment Rate has stayed below 4 for 20 months in a row the longest stretch in 50 years. Weve achieved a 70year low in the Unemployment Rate for women, record lows in unemployment for African Americans and hispanic workers and people with disabilities folks who have been left behind in previous recoveries and left behind for too long. We have the highest share of workingage americans in the workforce in 20 years. And its no accident. Its bidenomics. Were growing the economy from the middle out, the bottom up not the top down. And inflation is coming down at the same time. Its down 60 since last summer. Core inflation was just 2. 2 over the past three months. And now we have the lowest inflation of any major economy in the world. Today, were celebrating National Manufacturing day. We didnt name it that. It was already National Manufacturing day, but it seems appropriate. I can think of no better way to mark the occasion than to thank the 13 million americans who are in manufacturing jobs as we speak. Theyre restoring our pride, making things in america. And today, i want to highlight that of those 13 Million Manufacturing jobs, 815,000 of those jobs were created since i took office twice as many as the Previous Administration and report what we learned earlier this week, that spending on construction for new factories being built to generate more Economic Growth and jobs hit an alltime high last month. Folks, bidenomics is about investing in america and investing in American Workers. And businesses are investing more in manufacturing than ever before and are bringing the supply chains home. Before the pandemic, supply chains was a phrase most people didnt even associate with, didnt think much about. And but today, after a few delays in availability of parts and products everyone has known about, they know why its so important. My economic plan is bringing supply chains home and investing in industries of the future so we can make things in america again with American Workers. Were creating good jobs in communities all across the country including in places that have been left behind for the last, in some cases, 20 years, because the factories they used to work at for years and years shut down, leaving them with no options, no jobs in that community all over the midwest and all over the northeast. That under bidenomics, you wont have to leave home now to get a good job. I dont know how many times i heard out on the road people saying, my kid came up to me got a decent education in the state came up to me and said, mom, ive got to leave. No jobs, no jobs. well, youre going to be able to find a good job close to home more and more all across america. Were also making sure the jobs were creating offer workers the free and fair right, if they choose, to join a union, to form a union. Bidenomics is leading the surge in unionized workers exercising their collective bargaining rights. For example, our Clean School Bus program under the bipartisan infrastructure law is replacing dirty diesel buses with clean electric buses so children getting on and off those buses can breathe clean air, not diesel fuel. Were encouraging the companies building those buses to allow their employees to unionize if the employees choose. And its working. We saw it in georgia when at the workers at blue bird, the electric school Bus Manufacturing Company thats receiving federal funds voted to unionize because that was their choice. The Treasury Department laid out recently in a major report that unions and collective bargaining are good for the economy overall. They help raise wages not only for the workers in that factory, but for everyone, whether or not you belong to a union. And they also increase excuse me also increased corporate growth. And todays job report is just another example of what it looks like when we focus on building an economy from the middle out and the bottom up, not the top down, while bringing deficits down at the same time. You know, just this summer, i signed a strong bipartisan law where i shook hands with the former speaker and we passed in the house and the senate as well to cut spending by 1 trillion over the next 10 years. Unfortunately, last weekend, Republican House members decided they were going to put that progress in jeopardy. Instead of honoring that commitment they made, they once again brought us to the brink of a government shutdown, creating unnecessary instability and risk in order to secure more extreme cuts in programs that help working americans and seniors cuts that would have hurt everyone hurt u. S. Manufacturing. It would have stymied the pay of military people a whole range of things. They tried cutting funding by 30 for Small Businesses, which are growing under our administration, for local manufacturers, for Manufacturing Extension Partnership program that helps small and mediumsized manufacturers attract and train workers and grow their businesses. But we stopped them. Quite frankly, im sick and tired of republicans in the house saying they want to cut the deficit when all they really want to do is once again cut taxes for the very wealthy and big corporations, which will only add to the deficit. When i was able to cut the federal debt by 1. 7 trillion over those first two years, well, remember what we talked about, those 50 corporations that made 40 billion werent paying a penny in taxes. Well, guess what . We made them pay 30 . 15 in taxes 15 . Nowhere near what they should pay. And guess what . Were able to pay for everything, and we end up with a with an actual surplus. You know, its not about its not what the economy needs right now, more tax cuts for the wealthy. Ive said it before and ill say it again, weve cut the deficit by over 1 trillion since weve taken office. The laws that i signed will cut it by another 1 trillion over the next 10 years. And my budget would cut it by another 2. 5 trillion over 10 years. Heres the deal, the federal debt went up by 50 under my predecessor in part because he passed a 2 trillion tax cut overwhelmingly skewed to the very wealthy and large corporations. I believe we should be reducing the deficit by making sure that the wealthy and large corporations just pay their fair share. Im not asking them to pay 90 . Just pay their fair share. By cutting wasteful spending on special interests like big oil, all the money they made and paid so little in taxes. Big pharma, same thing. You know, we just gave the American Public a real gift in terms of well, not gift, but fairness in terms of what they have to pay for insulin and what theyre going to have to pay for other things. Well, guess what . That also cut the federal debt. It cut the federal debt. For example, there are over a thousand billionaires in this country. And i know youre going to hear me say this until im able to change it, you know what their average rate of pay federal tax rate is . 8 . 8 . I think you should be able to be a trillionaire, or a billionaire, or a zillionaire if you want, but pay your taxes, for gods sake. Pay some fair something approaching a fair tax. Thats less than a teacher or a firefighter or a cop pays in their taxes. Its just wrong. Look, House Republicans should put us back in a shouldnt put us back in a crisis mode again. We have only 40 days for congress to get back to work the same House Republicans on recess now to fund the government, avoid a shutdown, and protect the tremendous gains American Workers have made over the past two and a half years. A shutdown would mean troops dont get paid, air Traffic Controllers wouldnt get paid. Thered be all kinds of problems at airports. Loans to Small Businesses would be delayed in closing some of them. Its time to stop fooling around. House republicans, its time for you to do your job continue our progress growing the economy, investing in america, investing in the American People. So, lets get to work for the American People. Theyre waiting and theyre watching. We got to get to work. Thank you all very much. Mr. President , what are the what are the prospects for a meeting between you and president xi of china in San Francisco next month . Pres. Biden there has been no such meeting set up, but it is a possibility. Mr. President , former President Trump endorsed congressman jim jordan for House Speaker. Could you see yourself working with congressman jordan if he is the next speaker . And do you have any concerns about who might fill that position . Pres. Biden [laughs] look, whomever the House Speaker is, im going to try to work with. They control half the congress, and im going to try to work with them. Theres some people, i imagine, thats going to be easier to work with than others. But whomever the speaker is, ill try to work with. Mr. President , can you be specific about what you did to try to reappropriate those border funds, especially when democrats controlled both chambers of congress . Pres. Biden when you oh, you mean the wall thing . Is that what youre talking about . Yes, sir. Pres. Biden yeah, they passed well, i was told that i had no choice. That i you know, if Congress Passes legislation to build something whether its an aircraft carrier, a wall, or provide for a tax cut, i cant say, i dont like it. Im not going to do it, if this hadnt been vetoed, if its the law. But you said yesterday that you tried to reappropriate the funds. So pres. Biden yeah, we tried to ask the congress to consider changing the law to reappropriate. Say, dont use it for other purposes. Give me more border agents. Give me more technical capabilities to detect fentanyl and the like. thats what i wanted to do. Mr. President , you started your remarks here today by saying it was good news today with the economic report. Why do you think most people still dont feel positive or feel good news about the economy . Pres. Biden well, first of all, you just heard the news today, too. They havent heard it. I think the people those 300plusthousand people who got jobs feel better about the economy. Look i got to choose my words here. You all are not the happiest people in the world what you report. And i mean it sincerely. You get more legs when youre reporting something thats negative. I dont mean youre picking on me or im just the nature of things. You turn on the television, and theres not a whole lot about boy saves dog as he swims in the lake. you know . To say you know, its about, you know, somebody pushed the dog in a lake. i mean, i get it. But if you just listen to whats going on around the world, theres reason for people to be concerned. Theres reason for people to be concerned whats going on in russia. Theres reason to be concerned about whats going on in other parts of the world. I think that the American People are smart as hell in knowing what their interests are. I think they know theyre better off financially than they were before. Its a fact. All that data all that polling stuff shows they think theyre more positive about the economy than theyve been, more positive about their jobs, et cetera. I just think if you let me put it this way, if you just watched what happened last week in the congress, how excited are you going to be about much of anything . Anyway, thanks. [indiscernible] are you going to wait for the speaker to make a speech on ukraine, sir . Announcer cspan is your unfiltered view of government. Funded by these Television Companies and more, including comcast. Oh, you think this is just a Community Center . No, its way more than that. Comcast is partnering with 1,000 Community Centers to create wifi enabled listings so students from low income families can get the tools they need to get them ready for anything. Announcer comcast supports cspan as a public service, along th these other television providers, giving you a front row seat to democracy. Announcer book tv, every sunday on cspan2, features leadi authors. At 8 p. M. Astern, the washingt editor for the spectator shares her book, where she ares woke millennials now working in the media are changingmerican mainstream journalism for the worse. Then at 10 p. M. On afterwards, an economist contends the decline in twoparent married households is a driving factor in many americas economic issues. Shes interviewed by the center on opportunity and social mobilitys scott winship. Watch book to be every sunday on cspan2. Find a full schedule on your progr guide or watch online anytime at booktv. Org. Next, a discussion on u. S. Relations with south korea and japan, which includes scholars of former u. S. And korean officials, looking at security challengesos