Well, in his sharply effective State of the Union address
last week,
President Biden included the best
tax policy speech ever given by a Democrat
folks at home, does anybody really think the tax code
is fair?
Do you really think the wealthy and big corporations need
another $2 trillion tax break?
I sure don't.
I'm going to keep fighting like hell.
To make it fair,
President Biden has been using some of the best lines,
most effective lines from his State of the Union address
on the campaign trail,
beginning the day after the State of the Union.
Here's how he began his appeal on taxes today in
New Hampshire.
Does anybody here think the tax code's fair?
Raise your hand.
Well, I don't think so either.
Republicans oppose everything that Joe Biden is proposing on taxes.
Everything. And so the Biden proposals for a tax code
that is more fair depend entirely
on our first guest tonight
becoming the next speaker of the House in January.
And that depends on you,
the voters, electing a majority of Democrats to the House
of Representatives.
The Democratic leader of the House of Representatives,
Hakeem Jeffries, needs only four more seats
of Democrats in the House of Representatives to elect him
Speaker of the House. He will be the first Speaker
of the House
from New York City, which is kind of remarkable that
there's never been a speaker from New York City.
And of course, he will be
the first black speaker of the House.
The United States Constitution has exactly 1
Parliamentary rule for legislation. Quote
All bills for raising revenue shall originate in the House
of Representatives.
That means all tax bills.
After beginning in the House,
it will be up to Speaker Jeffries to guide the
Biden tax fairness bill through the House of Representatives,
which includes affordable increases in taxes only for people making
over
$400,000 a year and additional tax increases for billionaires,
as well as increases in corporate taxation.
That still leaves the corporate tax rate lower than it
was during the Clinton presidency when the economy was thriving.
And while he's at it,
Speaker Jeffries will have to guide all of the rest
of the Biden legislative agenda through the House of Representatives.
But if a King Jeffries is not Speaker of the
House next year,
then a Republican Speaker will continue to either operate a
Do Nothing Congress
or try to impeach members of the administration or
try to take away from the people
who
take things away from the people
who Joe Biden's new budget released today would protect.
Many of my Republican friends want to put Social Security
Medicare back on the chalking block.
Block again. If anyone tries to cut Social Security Medicare
or raise retirement age again,
I will stop them working.
Even this morning, Donald Trump said cuts the Social Security,
Medicare are on the table again.
The bottom line is he's still at it.
I'm never going to allow that to happen.
I won't cut Social Security.
I won't cut Medicare.
And here's what Donald Trump said on CNBC today about
cutting Social Security,
Medicare and Medicaid.
So first of all, there is a lot you can
do in terms of entitlements,
in terms of cutting.
And of course, later the Trump campaign issued a statement
claiming that Donald Trump was only talking about cutting waste
in those programs. I know everyone thinks there is race
waste in all government programs,
but no one has ever identified any waste in the
Social Security program that can be cut or in Medicare.
It's worth comparing Medicare to private health insurance.
In private health insurance, 17%
of the premiums that you pay for private health insurance
are not used for healthcare.
They are used purely for administrative costs,
executive salaries, and in insurance companies that also includes advertising
costs,
massive advertising costs. In Medicare,
where the advertising costs are zero,
the government run health insurance program,
everything the Republicans have always told you
that would lead you to expect that the administrative costs
of Medicare must be much,
much higher than private insurance.
And again, in private health insurance the administrative costs,
including advertising, are 17%,
and in Medicare the administrative costs
are 2%. Two,
making Medicare simply the most efficient health insurance program in
the world.
Donald Trump is lying about cutting waste from Medicare,
and the proof that he is lying about that
is that in his four years in the presidency,
he never once attempted to cut any waste from Medicare
because his people couldn't find any.
And he never attempted to cut any waste from Social
Security because his people could not find any,
nor did he try to cut any waste from Medicaid.
What Donald Trump said about cutting those programs today
was very, very clear. But of course Donald Trump's presidential
campaign knows that it was a very stupid thing to
say politically,
and so the campaign is now trying to pretend that
Donald Trump meant something else.
But Donald Trump has said stupider things.
In a new book by Jim Sciutto,
Donald Trump is Donald Trump's third White House Chief of
Staff.
John Kelly tells this story about Donald Trump.
Quote, he said well, but Hitler did some good things.
I said, well what? And he said,
well, Hitler rebuilt the economy and I said,
Sir, you can never say anything good about the guy.
Nothing, Kelly recounted. Trump also expressed admiration for Hitler's hold
on senior Nazi officers.
He would ask about the loyalty issues and about how
when I pointed out to him,
the German generals as a group were not loyal to
him and in fact tried to assassinate him a few
times
and he didn't know that,
Kelly recalls.
After visiting with Donald Trump in Florida on Friday,
Hungary's Prime Minister Viktor Orban said that Trump quote
will not give a penny in the Ukrainian Russian war.
That is why the war will end,
because it is obvious that Ukraine cannot stand on its
own feet.
If the Americans don't give money and weapons along with
the Europeans,
then the war is over.
The same thing was true of Britain
when Hitler invaded all of Western Europe
and after conquering France, was determined to soon have Nazi
troops
marching into London. The way they marched into Paris
and the only way the British survived,
The only way was with military supplies delivered to them
by the President of the United States,
Franklin Delano Roosevelt. Who Joe Biden quoted
at the very beginning of his State of the Union
address on Thursday
in a speech that President Roosevelt made
explaining to the American people
why we needed to help the British survive
Hitler's attack. The Roosevelt speech that Joe Biden quoted was
given a year before
the United States was attacked by Japan and then actually
entered World War 2 as a participant in the combat.
If Donald Trump had been in the presidency in
1941 when the British needed help to survive,
Hitler would have won. We know Donald Trump's father was
a Hitler sympathizer.
Donald Trump admires every current head of state in the
world who exhibits Hitlerian tendencies like Kim Jong Un in
North Korea and Vladimir Putin in Russia
and in his way, Viktor Orban in Hungary.
The day after Donald Trump praised Victor Orban for his
dictator like behavior in Hungary,
Joe Biden said this in Georgia.
Here's a guy who's kicking off his general election campaign
on the road up with Marjorie Taylor Green.
He can tell you a lot about a person who
he keeps coming with.
And yesterday he was hosting at his club
Victor Orban,
who says he doesn't think democracy works.
Call him a fantastic leader.
Seriously. He bragged about calling Xi Jinping a king.
He called Putin and he said do whatever the hell
you want to our allies.
I'm not making these. I'm not making these coats up.
When he says he wants to be a dictator,
I believe him.