Skip to main content

tv
Trump
Archive
  The O Reilly Factor  FOX News  September 13, 2016 5:01pm-5:16pm PDT

5:01 pm
right now, thank you. right now our politicians have locked our country into endless fights about small and petty things. i'm asking the nation to lift our sights and to imagine what we can accomplish if we work together, trust each other, and put the needs of our citizens first for a change we must break our ties with the failed and bitter politics of the past and pursue a future where every american is honored, and i mean really honored and respected we have to reject the arrogance of washington, d.c. that looks down on every day hard-working people. and that's what's happening. [cheers and applause] too often those that have power have disdain for the
5:02 pm
views, beliefs, and attitudes of those who don't have any political power those in leadership must put themselves in the shoes of the laid olfactory worker, the family worried about security, or the mom struggling to afford child care. child care is such a big problem. [ applause ] we're going to solve that problem. that means we need working mothers to be fairly compensated for their work and have access to affordable, quality child care for their kids. that's what we're doing. [ applause ] we want higher pay, better wages, and a growing economy for everyone. these solutions must update laws passed more than a half a century ago when most women were still not in the labor force. most of them weren't even close. today, nearly two in three
Check
5:03 pm
mothers with young children have jobs. for many families in our country, child care is now the single largest expense. who would think that, even more so than housing. yet, very little meaningful policy work has been done in this area. and my opponent has no child care plan. she never will. and if it ever evolves into a plan it will never get done anyway. all talk, no action. [ applause ] many measures are just one crisis away from disaster. a sick kid, a lost job. a danged home there is no financial security in our country, especially anymore. but that will change under our pro-family, when you just take a look, it's
5:04 pm
pro-family, it's pro-child, it's pro-worker. these are the people we have to take care of and this is what i'm going to be outlining tonight. [ applause ] before going any further i want everybody watching on tv and there are a lot of people right now to go to donald j. trump.com to read the full plan. great detail. the first part of my child care plan allows for every parent or family in america, including adoptive parents and foster parent guardians to deduct their child care expenses from their income taxes. that's a first. [cheers and applause] i see the women who i just met in the front row very
5:05 pm
happy about that. they will be fully able to deduct the average cost of child care from their state from birth through the age of 13. because of the way the benefit is capped and structured our plan will bring relief to working and middle class families. the deduction also applies to elder care, capped at $5,000 deduction per year. $5,000 deduction. importantly, our policy also supports mothers who choose to stay at home and honors and recognizes their incredible contributions to their families and to our society. [ applause ] families with a stay-at-home parent will be able to fully deduct the average cost of child care from their taxes. it's a big thing. i'm hearing wow. i like to hear wow.
5:06 pm
the congresswomen like to hear wow. it makes your life a lot easier, right? for low income individuals who have no net income, tax liability. we will offer expanded earned income tax credit in the form of a child care rebate. [ applause ] working parents can get an expanded eitc benefit that equals up to half of their total payroll tax. a major relief for low income parents. low income parents have it tougher than anybody. this translates to as much as an extra $1,200 in eitc benefits for working families. [ applause ] next, our plan allows every parent in america to open up a dependent care savings
5:07 pm
account. families can contribute up to $2,000 a year to these accounts, completely tax-free. she is very happy about that. ivanka is very happy about this. crucially, unlike the flexible spending accounts that exist today, these accounts will be available to all americans. you won't have to depend on your employer to provide them. immediate family and employers can -- this is like right away, can also contribute to a dependent account each of which is designed and designated for specific child, including an unborn child. the money that is put into these accounts can also be spent, not only on child care but also child enrichment activities. see? we will start with that
5:08 pm
child. that will be our first child. [cheers and applause] that's cute. additionally, the funds in these accounts do not expire at the end of the year, they don't revert to employers or to the treasury. instead, the funds roll over so that while only $2,000 can be contributed each year, unspent sums can accumulate and create substantial savings. tremendous savings, actually. these savings can be used by parents to help give their kids school choice and will, thus, contribute to the school choice reforms i outlined last week. a lot of good outlines last week on schools. and really popular, i will tell you. the funds will remain in the account until the age of 18. whatever still remains at that time can be used to
5:09 pm
help offset the cost of higher education for your child. for low income individuals, the federal government will provide matching funds if parents contribute $1,000, the federal government will provide a $500 match. to help low income families reach these targets and save money, we will put a box on federal income tax forms allowing these parents to have their earned income tax credit funds directly deposited into their dependent care savings accounts. pretty simple. these dependent care savings accounts can also be set up to provide care for he would kerrly dependents of which we have many. many, many, many. our plan also includes much needed regulatory reform to
5:10 pm
incentivize private sector solutions. the new funds offered by our plan will create a new market for innovative child care solutions. but to make sure these solutions are available, especially in low income and rural communities, we must reduce regulations that favor large institutional care facilities. you know what i'm talking about. it's called special interest got them there. we will allow the states to make the decisions that are right for them. in this era of sharing economy, we want parents to be able to access lower costs, competitive and innovative solutions at the click of a button, including surfaces like nanny sharing our plan would also cover care provided by relatives and grand parents,
5:11 pm
incentives for employers to offer on sight child care as well. we want employers to get involved. now they will start getting involved big league, right? [ applause ] and you will start liking your employer a lot more. that's one of the benefits. [ laughter ] this can also be a good working solution for many working parents and can save them 30 minutes in commute time. that's a lot. currently only 7% of these employers provide these. expand for employers. allow company to provide pool -- provide shared child care service was and we move knowedless appreciates the employers. the requirements are onerous
5:12 pm
never get to use it even though they would like to. our plan offers a crucial safety net fork working mothers whose employers do not provide paid maternity leave. this solution will receive strong bipartisan support. do you agree with that? do you think? when you god to the other side they will be okay? i'm hearing they will be. we will get them to be okay, right? and we will be completely self-finances. i think you will. you will have by partisan support. by recapturing frawshed and improper payments in the insurance program we can provide six weeks of paid maternity leave to any mother with a newborn child whose employer does not provide the benefit. [cheers and applause] this maternity leave will be paid straight out president unemployed insurance fund.
5:13 pm
again, the safety net will be completely paid for through savings within the program. there are more reforms and solutions in our child care plan. and you can review them all on the website. on thursday, i will owg my full economic plan completely paid for through economic. it'sing if to be something special like this country hasn't seen in many, many decades. [cheers and applause] together our tax, trade, regulatory and energy policies will ad trillions and trillions of dollars in new deficit lowering growth. these are the kinds of solutions i want to bring to the white house as your
5:14 pm
president. it's time to free ourselves from the baskets that politicians try to put us into and always have put us into and, instead, to work together and i think you know what i mean. that includes democrats, republicans and all americans. [cheers and applause] i think you know thank you very much. thank you. yeah, i think you know what i'm talking about. while my opponent slanders you as deplorable and irredeemable, i call you hard-working american patriots who love your country, love your family and want a better future for all-americans. [cheers and applause]
5:15 pm
[chanting] >> thank you. thank you. it's time to end the rule of special interest and to begin the rule of the american people. that's what it's all about. it's going to be a big change. it's time to stop fighting over the smallest words and to start dreaming about the great adventures that lie ahead for our incredible country. it's time to start believing in america again. together -- >> -- -- i promise you, together, we will make our country strong again. we will make our country
5:16 pm
prosperous again. we will make our country great again. greater than ever before. thank you. thank you very much. god bless you. thank you very much. thank you. thank you. and, ivanka, thank you. congresswomen, thank you very much. [cheers and applause] >> that was donald trump wrapping up the speech in philadelphia, the suburb where he laid out a plan that guarantees america mothers six weeks of need and donald trump a variety of ways. donald trump trying to close the gap on women.