and we went through an impeachment and the republican revolution and saw jim right be driven out. we saw the republicans when -- when thee first house for the first time in 40 years and the democrats say, no, you never won. we are just going to fight you. it is a pox on both houses. you are right about the guy who yelled at the president, you lie. the next day, put out a fundraising letter to raise money off of it. the system itself has been breaking down because of base politics. former vice president joe biden and ohio governor john kasich at the university of delaware's biden institute. that is at 8:00 p.m. eastern on c-span. announced totrump key west is designated north korea as a state sponsor of

terrorism. he made the remarks at a cabinet meeting and also talked about the senate republican's tax reform bill. mr. trump: good morning. we just returned from an historic 12-day trip to asia. americane we went, the delegation was greeted with tremendous hospitality and respect. people are respecting our country again. believe me. we brought back more than $300 billion of deals which could reach well over a trillion dollars within a very near future. that means jobs for the united states at a very high level.

as you know, we have just come up with the best job performance in over 17 years. this is a lot more jobs, and we think the number will actually get a lot better. it will be able to put a lot of people who have not been able to find jobs, put them back to work they will be registered in a positive sense. japanese car companies will open up and expanding plants in our country. we worked very closely with prime minister abe on that and we are renegotiating our bad trade deal with south korea and we have started talking about bilateral trade with many countries in asia, and most importantly, we have made clear to all countries we cannot continue to be treated unfairly when it comes to trade any longer. it is not fair to our companies fair to ourt workers. last year, we lost over $800 billion on trade deals with other countries. so, we had a negative number, a

trade deficit of almost $800 billion dollars with other countries. that is not going to be happening. that is changing. i explained that to them from the standpoint of asia. they understand it. everyone of them understands it. one of the primary goals of the trip was to pursue the denuclearization of the korean peninsula. i want to begin this morning by meeting and talking about the fact that we will be instituting a very critical step and that will start right now. today, the united states is designating north korea as a state sponsor of terrorism. it should have happened a long time ago. it should have happened years ago. in addition into threatening the world by nuclear devastation, north korea has repeatedly supported acts everybody -- of international terrorism,

including assassinations on foreign soil. as we take this action today, our thoughts turn to otto warmbier wonderful young man, and the others so brutally affected by the north korean oppression. the designation will impose further sanctions on north korea and related persons and maximum and supports our maximum pressure campaign to isolate the murderous regime that you have all been reading about and in some cases, writing about. tomorrow, the treasury department will announce an additional sanction and very large one on north korea and this will be going on over the next two weeks it will be the highest level of sanctions by the time it is finished over a two-week period. the north korean regime must be lawful and must end its unlawful nuclear and ballistics missile development and cease all support for international terrorism.

which it is not doing. today, cabinet discussions will also focus on crucial domestic policy issues. i want to congratulate the house of representatives for passing a vital and historic tax cut last week and i'm very hopeful the senate will do the same very soon. we are going to give the american people a huge tax cut for christmas. hopefully, that will be a great big beautiful christmas present. with the democrats giving us no votes for tax cuts for purely political reasons, obstructionists, it will be up to the republicans to come through for america. i think that they will. i hope they will. it is up to the senate. if they approve it, the house and senate will get together. i will be there right in the middle of it and we will come up with a bill that will be spectacular for growth and spectacular for the people of this country. our tax plan will bring urgent

relief to hard-working families. we will reduce rates and increase the amount of income tax to the rate zero, expand the child tax credit, very important, and simplify taxes as most families will be able to file on a single seat of -- sheet of paper. we will restore america's edge so we can bring back our jobs. we want to bring jobs back to our country. we were decimated the last 40 years. we want to bring our jobs back to the united states. we will go from being one of the highest taxed nations in the world to one of the lowest taxed nations in the world. corporate rates will be reduced from 35% all the way down to 20%, which will make us competitive again and companies won't be leaving our country. finally, our tax plan will return trillions of dollars in wealth to our shores so that companies can invest in america again. at the same time, we are working

to reduce wasteful government spending. we will hear from the budget director mick mulvaney, who is working with my cabinet to find taxpayer savings in each and every department. the cabinet members that are with us today are working on getting reductions to the various departments and we think we can save a lot of money even lower than the budgets and budgets that we are submitting. we will be working on healthcare, infrastructure and welfare reform. we are looking very strongly at welfare reform and that will all take place right after taxes. very soon, very shortly after taxes. so we will be submitting plans on health, plans on infrastructure, and plans on welfare reform which is desperately needed. soon after taxes. opioid also discuss the epidemic that is ravaging so many american families and communities.

last week, i was proud to nominate alex azar to serve as the next secretary of health and human services. i urge the senate it swiftly confirm his nomination and i want to thank the acting secretary hard it -- caret hargette for serving with such devotion and doing such a great job. thank you very much, eric. i want to wish the american people a truly happy and blessed thanksgiving especially to our brave men and women serving in our military and our border patrol and ice agents on the very dangerous southern border. as you heard, we lost a border patrol officer just yesterday. another one was brutally beaten and badly, badly hurt. it looks like he will make it. but very badly hurt. we talked about the wall. we are going to have the wall. it is part of what we are doing. we need it.

that is rough territory. that is where the drugs are coming in. a lot of things happen on the southern border and we are going to straighten it out. we have already reduced the numbers. and you have seen the numbers, back to 78% down from what they were. those numbers will get better and better but we have to stop the massive drug flow from pouring in. my respect to the families that were so badly hurt yesterday because they were devastated. those two families were devastated. i want to wish everybody a very happy thanksgiving. we will be working very hard during the recess in florida. we are going to florida, and i want to thank you for being here and let's start our meeting and to the media and press thank you very much. we appreciate it. thank you. [media questions]

>> thank you very much. >> thanks, guys. >> secretary of state rex tillerson spoke to reporters at the white house following president trump's an announcement that the u.s. would declare north korea a state sponsor of terrorism. secretary tillerson told reporters the administration still homes for a diplomatic solution. following his comments, white house press said terry sarah secretary sarah sanders took questions on a number of topics including north korea, the korea, the alabama senate special election and tax reform efforts.