In an era where bipartisanship appeared elusive, I took it upon myself as your President to revive the spirit of collaboration. I firmly believe that America should never succumb to a divided mindset. The very essence of our democracy lies in compromise and consensus. Today, I address you to share the achievements we have accomplished through bipartisan efforts and to emphasize the significance of unity in shaping America’s future.
Forging Bipartisan Agreement:
During my tenure, I have prioritized seeking bipartisan agreement whenever possible and necessary. Over the course of almost two and a half years, I have signed over 350 bipartisan laws. These laws have brought transformative changes to our nation, including the historic reconstruction of America’s infrastructure, elevating our ranking in the world from 13th to the top spot. Another landmark law focused on revitalizing our manufacturing base, ensuring that we regain global leadership in producing advanced semiconductor chips.
The Vital Importance of a Budget Agreement:
Among our significant achievements, the recent bipartisan budget agreement stands out as a crucial milestone. It serves as the bedrock for maintaining the progress we have made in recent years and upholding the full faith and credit of the United States. Failing to reach an agreement would have had dire consequences, jeopardizing our economy, damaging our credit rating, and resulting in millions losing their jobs. By successfully reaching this agreement, we averted an economic crisis and secured a budget that fuels our economy while reflecting our core national values.
The Outcome of the Agreement:
Bipartisan compromises require concessions from both sides, but ultimately, the American people receive what they need. The budget agreement cuts spending, reducing the deficit by over one trillion dollars in the next decade, building upon the record deficit reduction achieved in the first two years of my presidency. Essential programs like Social Security, Medicare, and Medicaid have been safeguarded, providing a lifeline for millions of Americans. Additionally, we have made strategic investments in infrastructure, clean energy, and advanced manufacturing, resulting in the creation of millions of new jobs and positioning the United States as a leader in these critical areas.
Acknowledging Bipartisan Leadership:
I extend my commendations to Senator Speaker McCarthy, with whom I have worked diligently and transparently to accomplish our shared goals. I also want to recognize other congressional leaders, including House Minority Leader Jeffries, Senate Majority Leader Schumer, and Senate Minority Leader McConnell, who prioritized the interests of the nation above political divisions. The overwhelming bipartisan support witnessed in the final votes in both chambers exceeded expectations and exemplified the power of collaboration.
The Benefits of Fiscal Responsibility:
Our commitment to fiscal responsibility is evident in the progress we have made. We have reversed the trend of increasing deficits and charted a more responsible course for our nation. This commitment has resulted in significant job creation, with over 13 million new jobs added and nearly 800,000 manufacturing jobs generated. Furthermore, our economy has experienced 10 consecutive months of reduced inflation. These achievements highlight the positive impact of our balanced approach.
Safeguarding Essential Programs:
From the outset, I have remained steadfast in protecting programs that form the bedrock of our society. Social Security, Medicare, and Medicaid have been shielded from any cuts, providing peace of mind to millions of Americans who have contributed to these programs throughout their working lives. Additionally, we have prioritized healthcare, ensuring that no cuts are made to Medicaid, a vital lifeline for vulnerable populations. We have taken steps to strengthen the Veterans Affairs system, providing our brave service members with the care and support they deserve.
Investing in America’s Future:
We are making significant investments in America and our people. Our focus on clean energy and advanced manufacturing has attracted over $470 billion in private investments, creating thousands of well-paying jobs while addressing the existential threat of climate change. We have also secured landmark legislation to empower Medicare to negotiate lower drug prices, saving seniors billions of dollars. Our commitment to protecting the environment, advancing technology, and fostering innovation sets the stage for a brighter and more sustainable future.
The Fairness of Our Tax System:
To maintain fiscal responsibility and ensure a fair tax system, we are pursuing measures to raise revenue and combat tax evasion. It is essential that everyone pays their fair share. Rest assured, no individual earning less than $400,000 per year will experience a tax increase. We are targeting tax cheats and closing special interest loopholes to ensure that the wealthy contribute their fair share. By doing so, we aim to level the playing field and create a more equitable tax system.
Conclusion:
In closing, I express my unwavering optimism for America’s future. As the United States of America, there is nothing beyond our reach when we unite and work collectively. By upholding the principles of bipartisanship, fiscal responsibility, and fairness, we can overcome any challenge and ensure a prosperous future for all. Together, let us embrace the spirit of unity and forge a path toward progress, securing America’s position as a beacon of hope and opportunity.
