Transcript - Remarks: Donald Trump Speaks at the H&K Equipment Company - January 18, 2018 | Factba.se

Donald Trump

00:00:00 - 00:00:14 (14 sec)

What a great place. What a great place. I met the workers and the people that really do make America great. They're incredible people. Thank you. And thank you for being here. [Applause]

Donald Trump

00:00:14 - 00:00:35 (22 sec)

You know, I'm very familiar with this setting, as you found out. This is something special and I am thrilled to be back in Pennsylvania with the hardworking men and women of H&K Equipment. Good job you do. Good job. [Applause] Good job you do.

Donald Trump

00:00:35 - 00:00:50 (15 sec)

We're honored to be joined by the Secretary of the Treasury, Steven Mnuchin. [Applause] Oh, look at that, Steve. They must know you. There's about 5 percent of this group. [Laughter]

Donald Trump

00:00:50 - 00:01:10 (20 sec)

The Director of the National Economic Council, Gary Cohn -- tax guy, he's our tax man. [Applause] Where's Gary? Gary. Did a good job on those taxes. Everybody being helped by those taxes -- big tax cuts. [Applause]

Donald Trump

00:01:10 - 00:01:44 (34 sec)

As well as a number of outstanding members of Congress. Representative Lou Barletta. [Applause] He's been a friend of mine for a long time. Here's another one: Mike Kelly. [Applause] Mike. I won't have you go through and over those gates. [Laughter] Representative

Donald Trump

00:01:44 - 00:02:05 (21 sec)

Pat Meehan. [Applause] Pat -- thank you, Pat. Great job you do, Pat. These are, like, real friends of mine for a long time. Representative Keith Rothfus. Does everybody know him? Keith Rothfus. [Applause] Thank you, Keith. Thanks for being here, Keith.

Donald Trump

00:02:05 - 00:02:46 (41 sec)

A man that everybody in Washington knows and so respects, Bill Shuster. [Applause] Thanks, Bill. Representative G.T. Thompson. [Applause] And you know this, G.T. -- a person that people are hearing more and more about, a real friend, and a spectacular man, Rick Saccone. [Applause] And Mrs. Saccone, thank you for being here, thank you. Special people.

Donald Trump

00:02:46 - 00:03:04 (18 sec)

My daughter, Ivanka, is also here with us today. [Applause] And she worked so hard on the Child Tax Credit. Ivanka, come up. Come up here, will you? Come up. Come on up.

Donald Trump

00:03:04 - 00:03:24 (19 sec)

And a very special thank you to George Koch for hosting us. [Applause] Done a great -- done a great job, really a great job. Thank you, thank you. What an incredible company. Ivanka, are you going to say a couple of words about the Child Tax Credit? Boy, did you work hard.

Ivanka Trump

00:03:24 - 00:03:32 (8 sec)

Hi, everyone. It is always amazing to be here in Pennsylvania and to be here with all of you.

Ivanka Trump

00:03:32 - 00:03:50 (18 sec)

We worked so hard on tax cuts and tax reform. And the President, my father, was very specific about what he wanted to accomplish. It was so core to him to support hardworking, middle-income families, and the Child Tax Credit is key to doing that.

Ivanka Trump

00:03:50 - 00:04:11 (22 sec)

So it's going to be a big win for everyone in this room and everyone across this country, and we are very, very excited about that. Doubling the standard deduction, the Child Tax Credit -- all of these elements that make this a very family-friendly plan but also enable great American businesses, like this one, to thrive and be competitive in a global landscape.

Ivanka Trump

00:04:11 - 00:04:25 (13 sec)

So we're very proud of it, and America is just starting to realize just how great our tax cut plan is. So more of that to come. But thank you for having me here. Thanks. [Applause]

Donald Trump

00:04:25 - 00:04:39 (14 sec)

Thank you, baby. Thank you very much, Ivanka. She worked hard. She's a hard worker. All of our kids are hard workers, right? They work, and we love to see it. And they're doing a terrific job for our country.

Donald Trump

00:04:39 - 00:05:03 (24 sec)

I've come to the great city of Pittsburgh to stand with people -- and those people are incredible workers -- and to show the world that America is back, and that we are coming back bigger and better and stronger than ever before. And we're making our own product again. And we're opening up our factories again. [Applause]

Donald Trump

00:05:03 - 00:05:23 (20 sec)

I mean, you take a look at what's going on, where Toyota is coming in. And the other day, you just saw Chrysler announce they're moving from Mexico back to Michigan -- you don't hear that too often -- with a big, big monster factory. They're going to spend a lot of money. [Applause]

Donald Trump

00:05:23 - 00:05:41 (18 sec)

At the center of America's resurgence are the massive tax cuts that I just signed into law. And it's also reform, but I usually just say tax cuts because that's what people -- they don't want to hear about the reform. Believe me, the reform is very important. We don't have to go into it.

Donald Trump

00:05:41 - 00:06:03 (23 sec)

But the tax cuts are the most significant tax cut -- most significant reform in American history, with tremendous tax relief for working families, for small businesses, for big businesses that produce jobs -- for just about everybody. Tremendous numbers. And you're already seeing what's happening. You're seeing what's going on.

Donald Trump

00:06:03 - 00:06:21 (17 sec)

The signs of America's comeback can be seen at companies like this one, which just had its most successful year in its 35-year history. Congratulations, good job. [Applause]

Donald Trump

00:06:21 - 00:06:40 (19 sec)

And I just learned from the powers that be that H&K Equipment will soon be making a $2.7 million capital investment thanks to the new tax cuts. So I appreciate that, and the workers appreciate that. It's good. You're doing a great, great job. Great equipment. [Applause]

Donald Trump

00:06:40 - 00:07:07 (27 sec)

That means more growth and, ultimately, it means more jobs. So congratulations. We have created nearly 2.2 million jobs since the election. [Applause] The unemployment rate is at, now, an 18-year low. I would say 17 years, and now it just lifted to 18 years.

Donald Trump

00:07:07 - 00:07:59 (52 sec)

The number of Americans applying for unemployment benefits just hit a 45-year low. [Applause] Something I'm really proud of, because I've been saying it -- what do you have to lose? African American unemployment is at its lowest level ever recorded. [Applause] Female unemployment is at the lowest level in 17 years. [Applause] Hispanic American unemployment has hit its all-time lows -- lowest ever. [Applause]

Donald Trump

00:07:59 - 00:08:17 (18 sec)

Pensions and retirement accounts are surging in value as the stock market smashes one record high after another. How many people have 401(k)s here? [Applause] You're brilliant investors. [Laughter] I've had people come up -- "Sir

Donald Trump

00:08:17 - 00:08:48 (31 sec)

But people are happy. Anybody unhappy with the 401(k)? I don't think so, right? Well, we can keep it like this. We're going to win a lot of elections, that I can tell you. It's something. No, it's something. [Applause] "It's the economy

Donald Trump

00:08:48 - 00:09:28 (40 sec)

As soon as, really, a few weeks from now, millions of American workers will be seeing the signs of America's comeback in their paychecks in February. Very simply, your paychecks will be much bigger because, under our tax cuts, you will be keeping more of your hard-earned money. We are doubling the Child Tax Credit, increasing the refundable credit by 40 percent -- 40, not 14 -- 40. And we are making the child credit available to more families than ever before -- not even close.

Donald Trump

00:09:28 - 00:09:53 (25 sec)

When we began our push for tax cuts, I promised that our bill would result in more jobs, higher wages, and tremendous relief for middle-class families, and that is exactly what we have delivered. There's only one thing -- even I never knew how big it would be. It's much bigger -- and you see it -- than anybody anticipated. We kept our promise.

Donald Trump

00:09:53 - 00:10:29 (36 sec)

In Pennsylvania alone, families will see a tax cut of about $11 billion just this year alone. [Applause] That's pretty good. That's pretty good. A typical family of four earning $75,000 will see an income tax cut of more than $2,000 a year -- that's like a $2,000 raise -- slashing their income tax bill in half. Many will save much more than that.

Donald Trump

00:10:29 - 00:10:59 (30 sec)

Ken Wilson is a great example. Where's Ken? Ken Wilson. The legendary Ken Wilson. [Applause] Hi, Ken. Come on over here where we see you, Ken. You got to be happy with this. Is Ken doing a good job? [Applause] Everybody knows. Ken, come on over here. Come on up here, Ken. [Applause] Come on, if you can make it. He'll figure out how to get that thing open. If he can't do it, nobody can, right? It's what he does, he works on machinery all the time.

Donald Trump

00:10:59 - 00:11:47 (48 sec)

Ken joined H&K 14 years ago as a mechanic and worked his way up to become a project foreman. Because of our tax cuts, Ken will save almost $2,200 in income taxes. Two thousand -- so, Ken, you just got a $2,200 raise. [Applause] Come here. And if I had a head of hair like that, I would have -- I really would have been -- I would have President years ago, Ken. Years ago. [Applause, Laughter]

Donald Trump

00:11:47 - 00:11:53 (7 sec)

But we've nearly doubled the amount of income taxed at the rate of zero. So, Ken, you've seen a big difference?

Ken Wilson

00:11:53 - 00:11:54 (0 sec)

Donald Trump

00:11:54 - 00:12:02 (8 sec)

Come here. Thank you, man. He said just the right thing. You never know. [Applause] Do you want to say -- say something to your workers. Say something to your coworkers.

Ken Wilson

00:12:02 - 00:12:17 (15 sec)

It's not just me; it's everybody as a whole. This company is an incredible company. We work with a bunch of great people. Everybody pulled together this week and pulled this off. It was a sight to see. It's something to always remember here. So I thank everybody. Obviously, thank you, Mr. Trump.

Donald Trump

00:12:17 - 00:12:18 (0 sec)

Wow, that was a good job.

Ken Wilson

00:12:18 - 00:12:19 (1 sec)

Thank you. [Applause]

Donald Trump

00:12:19 - 00:12:48 (29 sec)

Thank you, Ken. He did good. He didn't know about that. He didn't know at all about that. Right, Ken? Good job. And because we substantially reduced tax rates on American companies, economists estimate that annual household income will rise by an average of $4,000. Think of that. [Applause]

Donald Trump

00:12:48 - 00:13:10 (22 sec)

More than 2 million American workers have already received a tax-cut bonus from their employers, pay raises, more money for retirement, checks as high as $2,000 or more -- all because of our tax cuts. And it hasn't even been a month since I signed the bill.

Donald Trump

00:13:10 - 00:13:38 (29 sec)

It's turned out to be much bigger than we all thought. Even the people that did it -- right, Gary? And right, all of the congressmen that voted for us and fought so hard? Nobody had any idea. One thing we didn't project, in a positive way, nobody thought that the companies were going to step up and pay all of these great bonuses to people. AT&T started it but they came up and they paid all of these bonuses.

Donald Trump

00:13:38 - 00:14:12 (34 sec)

A Florida software company, Spellex, just announced a $1,000 tax cut bonus for its workforces. Apple just announced they are giving their employees tax-cut bonuses worth $2,500 each. And because of our business tax reforms, Apple has just announced that they are bringing $350 billion, and putting it into investment into our country -- $350 billion. Three-fifty. That's a lot. [Applause]

Donald Trump

00:14:12 - 00:14:34 (21 sec)

And when I heard the news yesterday -- and Tim Cook is a great guy, the head of Apple. And when I heard the news -- I heard $350 billion -- I said, "You mean $350 million

Donald Trump

00:14:34 - 00:14:49 (16 sec)

And I just called Tim Cook and I thanked him, but I don't imagine there's ever been an investment that big in this country by a company. And just think of what that means. And they're going to build plants.

Donald Trump

00:14:49 - 00:15:15 (26 sec)

And I think some of you remember -- I said, "I will not consider our economic situation complete until we get Apple to start building some of those massive plants in the United States."" They're going to build plants. They're going to build a big campus. They're really going to town. So we want to thank Apple -- $350 billion. [Applause] All right. Pretty good."

Donald Trump

00:15:15 - 00:15:31 (16 sec)

Here in the great Commonwealth of Pennsylvania, thousands of workers have already received tax-cut bonuses thanks to employers like Comcast, NexTier Bank, American Airlines, PNC Financial -- names I've very familiar with.

Donald Trump

00:15:31 - 00:16:06 (35 sec)

One of those hardworking Pennsylvanians is Kevin Hodits. Kevin is a Marine Corps veteran who received a Bronze Star and a Purple Heart for his courageous service during three tours in Iraq -- and a great, proud person. Where's Kevin? [Applause] Where is Kevin? Kevin. He kept that hand down, like he didn't want to come up and speak. Thank you, Kevin.

Donald Trump

00:16:06 - 00:16:40 (34 sec)

He started working for Comcast in 2016, and last week he received a $1,000 bonus check thanks to our tax cuts -- right out of Comcast, right into his bank. Now he's taking his family on a well-deserved vacation, Kevin, to visit his grandparents in Florida. Right? Thank you, Kevin. [Applause] See you in Florida. I want to thank you for your service, for your patriotism, and congratulations for the bonus. It's really great. Millions of people.

Donald Trump

00:16:40 - 00:16:50 (11 sec)

Not only are we already seeing the benefits of higher wages and bigger salaries -- much bigger salaries -- but we're also seeing the creation, very importantly to me, of new jobs.

Donald Trump

00:16:50 - 00:17:30 (39 sec)

Pete O'Connor owns a personnel company called Carol Harris Staffing, right here in Pittsburgh. Pete says that businesses of all kinds are seeing increased demand just recently, and they're hiring more and more workers. And that's only, really, great news not only for Pete, it's great news for all of the people in Pittsburgh, for the citizens of Pennsylvania, and Americans all across our country. Where's Pete? Pete. Thank you, Pete. [Applause] You're seeing a big difference, right? Big difference? Big difference.

Donald Trump

00:17:30 - 00:17:57 (27 sec)

We're putting America back to work, and we're ensuring the forgotten men and women of our country are never, ever forgotten again. Remember? The "deplorables."" [Laughter] The ""deplorables."" We're all deplorables. [Applause

Donald Trump

00:17:57 - 00:18:29 (32 sec)

And the good news keeps pouring in. Americans' monthly utility bills are also going down because major electric companies have announced they will pass their savings from taxes on to their customers -- tremendous reduction in certain companies' and people's energy costs. That means we are not only seeing higher wages but lower energy bills, and that's because of the tax cuts. But it's also because of the regulation cuts.

Donald Trump

00:18:29 - 00:18:59 (31 sec)

When I spoke to the folks in the plant, they said the biggest thing is -- what's happened is regulations -- cutting of the regulations. And we have regulations, but they're fair and they're reasonable. And they're actually just as stringent. But you go to one group for an okay; you don't have to get it 19 different times, or seven times, or go to different agencies. It's within the realm of reasonable, and that's why people are opening up. They're expanding and they're hiring more people.

Donald Trump

00:18:59 - 00:19:37 (38 sec)

Our tax bill also took a historic step to restore healthcare freedom. No longer will the federal government punish you for fines if you can't afford an Obamacare-mandated health plan, because we repealed Obamacare's cruel -- it was cruel -- individual mandate, where you were supposed to go out -- [Applause] -- and you pay in order not to have to buy healthcare. Think of it.

Donald Trump

00:19:37 - 00:19:57 (20 sec)

It should have been rejected a long time ago by a lot of different people, including the courts, surprisingly. But we were able to repeal it. We got rid of the individual mandate, and you'll see what that means. It is such a big factor for so many people. It was so unfair. It's gone.

Donald Trump

00:19:57 - 00:20:32 (35 sec)

We've also opened up ANWR, in Alaska, for energy exploration -- [Applause] -- creating even more jobs, and more and more energy savings. But that's the biggest one. They've been trying to do that since Ronald Reagan. For over 40 years, they've been trying to open ANWR. We got it open. There has never been a better time to hire in America, to invest in America, and to believe in the American Dream than right now. [Applause]

Donald Trump

00:20:32 - 00:20:59 (27 sec)

There is no limit to what we can achieve when we set free the dreams of our incredible people. You're incredible people. Americans crossed oceans, tamed the wilderness, dug out the Panama Canal, and launched a man onto the face of the moon. American hands and grit poured the concrete in our highways and forged the steel in our skyscrapers.

Donald Trump

00:20:59 - 00:21:20 (21 sec)

Americans built the Hoover Dam -- the magnificent Hoover Dam, if you've ever seen it; the Empire State Building. They built it in one year, nobody knows that -- one year, it was actually less than one year, the Empire State Building. We won two World Wars.

Donald Trump

00:21:20 - 00:21:39 (20 sec)

Americans do anything, build anything, and create anything – as long as we have pride in our country, confidence in our values, and respect for our great American flag. [Applause] Right?

Donald Trump

00:21:39 - 00:22:16 (37 sec)

Because America doesn't belong to the Washington power brokers; it belongs to you. And I think we've taught them that. [Applause] It doesn't mean it's easy. It doesn't mean it's easy. It's nasty in Washington, but step, by step, by step -- just keep going, right? Going. It's a nasty place. Woo. But we're getting it. Nobody thought we were going to have this kind of success so quickly. [Audience Member Calls Out]

Donald Trump

00:22:16 - 00:22:34 (18 sec)

Thank you, darling. It belongs to the American people. With our destiny in your hands, America will once again be a nation that thinks big, dreams bigger, and always reaches for the stars.

Donald Trump

00:22:34 - 00:22:53 (19 sec)

Nothing will keep this incredible nation of ours down. Nothing will stop us from reaching the highest peaks. Because nothing is stronger than the strength and will and spirit of the American people.

Donald Trump

00:22:53 - 00:23:12 (18 sec)

You are the ones who will shape America's destiny, especially all of these beautiful young people in the front. You are the ones who will restore our prosperity. And you are the ones who are making America great again. [Applause]

Donald Trump

00:23:12 - 00:23:53 (42 sec)

So, as many of you know, that's what I talked about -- make America great again. America First -- we put America first now. We're doing trade deals. We're doing a lot of things that I said we were going to be doing. It's not easy. These other countries have become very, very spoiled with taking advantage of us. But take advantage of us no longer. Because now we want their country -- for them, it should be their country first; but for us, it's America first. That's the way it is.

Donald Trump

00:23:53 - 00:24:22 (29 sec)

So I want to thank the people of the great, great, great state of Pennsylvania. You remember that big night on November 8th? [Applause] Donald Trump has won the state of Pennsylvania, right? [Applause]

Donald Trump

00:24:22 - 00:24:35 (13 sec)

And I want to thank the people in this room. You are my friends. You are truly great, great people. And you are making America tick. You are really very special. Thank you all for being here. God bless you all. Thank you. Thank you very much. Thank you.