00:00One day, very soon, our country will have the greatest economy in the history of the
00:26world because we once again have a president who puts America first, and we put America
00:32first, and your country should put your country first.
00:34You know, I tell your leaders, and some of the leaders are in this room right now, you've
00:37got to put your country first.
00:39Whether it's Saudi Arabia, whether it's something else, you've got to put your country first,
00:42but we're going to have plenty left over to help others also.
00:46As long as you invest in America, build in America, and hire in America, that means that
00:51I'm fighting for you.
00:52I don't do anything for political reasons.
00:54I do what's right.
00:56I want to be in the forefront of every industry.
01:00So I'll be working with the Republican Congress to pass the largest tax cuts in American history,
01:08and that includes, obviously, we have to extend the Trump tax cuts, which were, until now,
01:15the largest.
01:16We're going to dramatically cut taxes for families and for workers and for companies,
01:21including no tax on tips and, hopefully, no tax on Social Security and no tax on overtime.
01:26The new Trump tax cuts will also include 100 percent expensing for new factory construction
01:34in the United States and anything else that you're going to buy with capital.
01:38If you buy something, if you buy something that is going to be good for our country,
01:43we're going to let you expense it, one-year expense.
01:47We've accomplished more in four weeks than most administrations accomplish in four years.
01:52On my first day in office, I imposed an immediate federal hiring freeze, a federal regulation
01:57freeze, and a foreign aid freeze.
02:00I signed an order creating the Department of Government Deficiency and put a man named
02:06Elon Musk in charge.
02:07Thank you, Elon, for doing it.
02:09He's a seriously high-IQ individual.
02:12Now, he's got his faults also, I will tell you that.
02:17But not too many of them, which is now really waging war on government waste, fraud, and abuse.
02:22They're curbing inflation and saving taxpayers billions and billions of dollars every single day.
02:28There's even, under consideration, a new concept where we give 20 percent of the doge savings
02:34to American citizens and 20 percent goes to paying down debt because the numbers are incredible, Elon.
02:41So many billions of dollars, billions, hundreds of billions, and we're thinking about giving
02:4620 percent back to the American citizens and 20 percent down to pay back debt and pay down debt.
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