In i got a puppy, so i named it hardly. It is wonderful to be with you today. It is wonderful to be at the 2017 summit for the most powerful voice for businesses that make things in america. An organization leading innovation and pursuing progress every single day. The National Association of manufacturers. Welcome back to washington, d. C. [applause] v. P. Pence it is an honor to address you today and i bring greetings from my friend at the best friend of america manufacturers will ever have, the 45th resident of the United States of America President donald trump. [applause] v. P. Pence it is an honor to be here to express the gratitude of our president for americas manufacturers. You are the engine for americas economy and rest assured, President Trump is fighting every day to rent that engine and things to his leadership and your ingenuity, American Manufacturing is roaring once again. [applause] me. Pence but first, let express a word of appreciation to all of you in this association and all of your membership. Since are found in more than 120 years ago, the National Association of manufacturing has tirelessly for the american competitiveness and equal opportunity have an not only do you advocate for the businesses in this room, you really at the gate or america itself. Does you really advocate for america at itself. American manufacturers are the beating heart of our American Life and always will be. [applause] phrase,ce to borrow a manufactures make america and they make America Great. [applause] Vice President pence you make the food in our pantries and the tools and our sheds. You make the clothing beware, the gadgets we use, one is all is said and done you improve the quality of life. More prosperity and you make america succeed. At this very moment, more than 12 million americans were get manufacturers and all 50 states. The overwhelming majority of smallcturers are businesses and they contribute more than 220 to the American Economy and they contribute to out of every four dollars spent on research and development in the private sector but you do more than just make things. You are also model corporate citizens. Anyone who is ever gone to a bake sale or baseball game or just walked down main street in smalltown america and looked at the sides on the businesses, you will see that american manufacturers support everywhere the cause and every Community Large and small. You are woven into the very factory of American Life and woven into our future, too. American citizens are truly rightful for the Corporate Citizenship of manufacturers across america. Give yourself a round of applause. You make a difference every day. You really do. But we want you to do even more. President trump has promised to set the stage for a great revival for our actress. Buy american, higher american again. American manufacturing is getting stronger every day. In the first five months last year, american manufacturers lost 25,000 jobs but in the first five months of this year under the leadership of President Donald Trump, american manufactures upgraded more than 55,000 new goodpaying jobs all across the United States. [applause] v. P. Pence going back decades, inufacturers have invested jobs another countries but this year, company after company are making record investments worth billions of dollars in this country. Creating american shops. As this organization announced in a report released a few months ago at the white house, american manufactures have. Been years. Timistic in 20 confidence is back. Manufacturing is back. Because and stay one of this administration, President Donald Trump has been fighting for manufacturers and the men and women who work on your factory floors and he will keep fighting every day to lead an American Manufacturing renaissance i promise that. [applause] at thence just look president ial Decisive Action beginning with ending the area of excessive regulation of the past eight years. You know, the american manufactures association or National Association of manufacturers have shown that red tape actually caused for business a staggering 19,500 per employee per year. Of thisirst 100 days administration, and prompt is a President Trump signed for two bills under the Congressional Review Act to cut burdensome regulation, same businesses like yours up to 18 billion in compliance cost per year. This president , in fact, has signed more lust to cut to federal red tape and any president in american history. And, were just getting started. [applause] pence one of my personal favorites is the president signed a order directing every organization washington, d. C. , to find to regulations to get rid of before issuing any new federal regulations on american job creators and this president put America First not long ago when President Trump made the decision to his job the United States of america from the paris climate accord. [applause] v. P. Pence you know, one independent study found that the person accord wouldve actually cost the American Economy more than 6. 5 Million Manufacturing jobs in the next five years. While giving countries like china and india a virtual free pass. I would join our nation from this terrible deal, President Trump but America First. He left the door open to renegotiate the deal or coming up with a different agreement, but he put America First and i promise he made fractures in this room, President Trump always will. And the president has put a renewed emphasis on american energy. Approved the keystone and a coda pipelines early in this administration and the decoder that find is already rolling and keystone is being billed as we speak. President trump is fighting every day to make sure american manufacturers have affordable, abundant, Reliable Energy that you need to power your factories and power our future. We will continue to drive and all of the above Energy Strategy that gives low cost Energy Available for job creators all across america because Energy Drives a prosperous american future. [applause] was pence and last week work first develop and we get the white house and President Trump has been working. I worked very closely with our department of labor to make sure the American People the opportunity to get the job training to fill this good paying jobs that are of the Net Companies like is right now, ensuring workers are there for the companies that can grow and people can choose their future. In our trading and in every area , supporting manufacturing. It is remarkable to think that 3. 5 9 Million Manufacturing jobs will be created in america and the next decade, but 2 billion of those jobs will go unfulfilled of businesses cannot underwrite people with the right skills. Skilled trades are increasingly hard to come by we hear. Electricians, welders, Machine Design high demands but too few americans are given careersities to pursue in these valuable areas. President trump is absolutely committed to changing all that and last thursday he signed an executive order to expand a partnerships and Vocational Training to help every american find a rewarding career, make a great living, support themselves and their families and to do it in a manufacturing and a building america. [applause] i mean, the numbers speak for themselves meaning 90 of apprentices get jobs after they finish their program and their average salary is an impressive 60,000. As i learned as i was governor of indiana, we need to great better pathways and so our students can see the opportunities available in these jobs. It is a audition for a good life and a Brighter Future for themselves and our country. Under this president , i am confident we will train the students of today for the jobs of tomorrow and manufacturers like yours will continue to grow as a result. But it this white house with the regulation and the efforts we have made rolling back excessive bread tape, doing the kind of work with don to promote to reformnergy and work fors education america. That is what President Trump calls a good start. If you not notice, the American People also elected a builder to be the 45th president of the United States and i will make a promise before were done in seven and a half years, President Trump is going to rebuild the infrastructure of the United States of america. [applause] pence you know, this is a president who knows that was me jobs and the right infrastructure supports growth in america. President trump is committed to making historic investment and our National Infrastructure so your businesses can get your goods to market and america has the best roads, bridges, airports, and future we can possibly have at this date i want to assure you before the summer is over, working with the leaders in the Congress Even as we speak, President Donald Trump and this congress will keep their promise to the other can people and we will repeal and replace obamacare. [applause] v. P. Pence were going to do it. We will rescue american businesses and the American People from the consequences of this failed policy. Realityknow the graham businesses of face under a obamacare. I offered up from a factor as follows i have traveled the country on behalf of our present. It is the same river were gone. Obamacare is stifling. Endlessly rising costs of insurance premiums. It forces too many businesses large and small to make hard decisions that you just never should have to make. I literally have spoken to job creators run the country who told him of the day in their Small Business they had to sit their employees down since obama can tell them they just could no longer make it work that they would offer Health Insurance. For anybody that has ever been around a Small Business, and i grew up in 1 you know, your employees are family and it is just heartbreaking to see the choices that too many businesses have had to make in the wake of obamacare. It is not only a heavy burden on your businesses but obamacare is burdening the American People everyday. You know, last month our administration had a study that showed how obamacare was leading ofskyrocketing removes all the country. More than doubled since obamacare went into effect and in many states, more than tripled since obamacare went into effect. Remember about administration thomas obamacare would lower premiums on the individual market up by up to 2500 for American Families. The truth is premiums have actually increased by more than 3000 for American Families since the advent of obamacare. At this moment, millions of obamacares are facing doubledigit premium hikes heading into 20 and choices are plummeting because Insurance Companies are pulling out of Obamacare Exchanges left and right. One third of americans counties including five whole states only have one choice of obamacare coverage which means they essentially have no choice at all. The past few weeks, Health Insurers of announced exits from at least 23 obamacare markets leaving tens of thousands of americans with no Insurance Coverage whatsoever. In ohio, the last statewide insurer announced it would leave obamacare the buckeye state, more than 13,000 ohio citizens will have no Health Insurance next year. Havessouri, 25 will not any insurers. In the last 94 the 99 counties of ohio i would just said there will actually stand exchanged or next year. Just yesterday they submitted a request for a staggering 43 increase in premiums affecting some 72,000 people across iowa. The record is clear. The burden is great. Obamacare has failed. Obamacare must go. [applause] v. P. Pence i want to promise you this administration is literally working around the clock with leaders in the United States senate to move forward legislation in the very near future that will repeal and replace obamacare with a patientcentered Health Care System based on personal responsibility, statewide competition, and reform. I promise you President Donald Trump will never stop fighting to give american businesses and people the kind of health care they need and deserve. Under this president s leadership, will bring the obamacare nightmare to an end once and for all and give the American People the choices in health care built on the principles of individual responsibility, statebased reform. That is the american way to Reform Health care and that is what we will try to do. [applause] after we repeal and replace obamacare under President Trumps leadership on for the strong leadership of congress, we will pass the largest tax cut since the days of Ronald Reagan and were going to do it this year. [applause] is, americasuth tax code is one of the Biggest Barriers to success for working families and job creators like all of you gathered here. I like the line that says, the Internal Revenue code is twice as long as the bible with none of the good news. [laughter] v. P. Pence that is about to change. A little over a month ago, this administration laid out the president ial vision for a tax cut that will get the economy moving again. Across the the taxes board for farms and families. We will cut seven brackets down to three. Percent, 35 . We will eliminate on most every tax cut and deduction and under President Donald Trump, we will repeal the death tax one cent for all. Applause] it will put american Companies Like our manufacturers real growth. H to our Corporate Tax rate is one of the highest in the developed world and our out that i did system of worldwide taxation penalizes companies for being headquartered in america. But not for long. Willdent trumps plan, we cut business taxes to a 15 rate so American Companies can compete with companies around the world. [applause] v. P. Pence we will enact a territorial tax in line with the rest of the world and we will cut taxes on the trillions of dollars that are locked away overseas so that you can invest those dollars in american workers, american jobs, and americas future. [applause] is. Pence bottom line President Trumps tax cut will empower your companies to compete on a level Playing Field with businesses anywhere in the world and as well know, with the field is level american businesses when. Let me take a moment to commence speaker all right in and leader Mitch Mcconnell for their diligent efforts in this administration. We have been working very closely with the leadership in congress to craft tax reform to get this economy moving again and i know president ryan will be speaker ryan will be addressing in a few moments. Besing tax relief that will supportive of American Families, supportive of american businesses, and get this economy moving. Lummis ague, discussions will continue. Details are being worked out. I can assure you with your support and the support of our leaders in congress, we will get tax cuts done and we will get them done this year. [applause] v. P. Pence truth is, President Trump has been fighting every day to bring back manufacturing because he knows how vital you are to the life of our nation. I sure know it. You know, i grew up in the Hoosier State and had the privilege of being governor of the state of indiana. We are awful proud of manufacturing. I like to say back where we come from, we do things especially well. Make things, and grow things. You can talk about america that way, too. Our nation throughout our history has been