RIGHT NOW OUR POLITICIANS HAVE LOCKED THEIR COUNTRY AND TO
ENDLESS FIGHTS ABOUT SMALLND PETTY THINGS.
I AM 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.
[APPLAUSE] WE MUST BREAK THEIR TIES WITH
THE FAILED AND BITTER POLITICS AND POLICIES OF THE PAST AND
PURSUE A FUTURE WHERE EVERY AMERICAN IS HONORED AND I MEAN
REALLY HONORED AND RESPECTED. [APPLAUSE]
WE HAVE TO REJECT THE ARROGANCE OF WASHINGTON D.C. THAT LOOKS
DOWN ON EVERYDAY HARD-WORKING PEOPLE AND THAT IS WHAT IS
HAPPENING. [APPLAUSE]
TOO OFTEN THOSE WHO HAVE POWER HAVE DISDAIN FOR THE ABUSE
BELIEFS AND ATTITUDES OF THOSE WHO DON'T HAVE ANY POLITICAL
POWER. THOSE IN THE LEADERSHIP MUST PUT
THEMSELVES IN THE SHOES OF THE LAID-OFF FACTORY WORKER, THE
FAMILY WORRIED ABOUT SECURITY OR THE MOM STRUGGLING TO AFFORD
CHILDCARE. CHILDCARE IS SUCH A BIG PROBLEM.
[APPLAUSE] WE ARE GOING TO SOLVE THAT
PROBLEM. THAT MEANS WE NEED WORKING
MOTHERS TO BE FAIRLY COMPENSATED FOR THEIR WORK AND HAVE ACCESS
TO AFFORDABLE QUALITY CHILDCARE FOR THEIR KIDS.
THAT'S WHAT WE ARE DOING. [APPLAUSE]
WE WANT HIGHER PAY AND BETTER WAGES AND A GROWING ECONOMY FOR
EVERYONE. THESE SOLUTIONS MUST UPDATE LAWS
PASSED MORE THAN HALF A CENTURY AGO WHEN MOST WOMEN WERE STILL
NOT IN THE LABOR FORCE. MOST OF THEM WEREN'T EVEN CLOSE.
TODAY, NEARLY TWO OF THREE MOTHERS WITH YOUNG CHILDREN HAVE
JOBS. FOR MANY FAMILIES IN OUR COUNTRY
CHILDCARE IS NOW THE SINGLE LARGEST EXPENSE.
WHO WOULD THINK THAT? EVEN MORE SO THAN HOUSING.
YET VERY LITTLE MEANING WE -- MEANINGFUL POLICY WORK HAS BEEN
DONE IN THIS AREA AND MY OPPONENT HAS NO CHILDCARE PLAN.
SHE NEVER WILL AND IF IT EVER EVOLVES AND THE PLANET WILL
NEVER GET DONE ANYWAY. ALL TALK, NO ACTION.
[APPLAUSE] MANY AMERICANS ARE JUST ONE
CRISIS AWAY FROM DISASTER. THE SICK KID, A LOST JOB,
DAMAGED HOME. THERE IS NO FINANCIAL SECURITY
IN OUR COUNTRY ESPECIALLY ANYMORE.
BUT THAT WILL CHANGE UNDER OUR PRO FAMILY PLAN.
JUST TAKE A LOOK, IT'S 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 AM GOING TO BE OUTLINING TONIGHT
[APPLAUSE] BEFORE GOING ANY FURTHER I WANT
EVERYONE WATCHING ON TV, AND THERE ARE A LOT OF PEOPLE RIGHT
NOW, TO GO TO DONALD J. TRUMP.COM READ THE FULL PLAN.
THE FIRST PART OF MY CHILDCARE PLAN ALLOWS EVERY PARENT OR
FAMILY IN AMERICA INCLUDING ADOPTIVE PARENTS AND FOSTER
PARENTS GUARDIANS TO DEDUCT THEIR CHILDCARE EXPENSES FROM
THEIR INCOME TAXES. THAT'S THE FIRST.
[APPLAUSE] I SEE THE WOMEN WHO I JUST MET
IN THE FRONT ROW ARE VERY HAPPY ABOUT THAT.
THEY WILL BE ABLE TO DEDUCT THE AVERAGE COST OF CHILDCARE FOR
THEIR STATE, FROM BIRTH TO 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
OLDER CARE, CAPPED AT $5000 DEDUCTION PER YEAR.
5000-DOLLAR 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 CHILDCARE FROM THEIR TAXES.
[APPLAUSE] WELL BACK.
WOW. I LIKE TO HEAR WOW.
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 AN EXPANDED EARNED INCOME TAX CREDIT, THAT EITC IN
THE FORM OF A CHILDCARE 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 A
TOUGHER THAN ANYBODY. THIS TRANSLATES TO IS MUCH AS AN
EXTRA $1200 IN EITC BENEFITS FOR WORKING FAMILIES.
[APPLAUSE] NEXT, OUR PLAN ALLOWS EVERY
PARENT IN AMERICA TO OPEN UP A DEPENDENT CARE SAVINGS ACCOUNT.
FAMILIES CAN CONTRIBUTE UP TO $2000 A YEAR TO THESE ACCOUNTS
COMPLETELY TAX-FREE. [APPLAUSE]
SHE IS VERY HAPPY ABOUT IT. CRUCIALLY UNLIKE THE FLEXIBLE
SPENDING 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,
AND THIS IS LIKE RIGHT AWAY, CAN ALSO CONTRIBUTE TO A
DEPENDENT ACCOUNT EACH OF WHICH IS DESIGNED IN DESIGNATED FOR A
SPECIFIC CHILD INCLUDING AN UNBORN CHILD.
THE MONEY THAT HAS PUT INTO THESE ACCOUNTS CAN ALSO BE.
NOT ONLY ON CHILDCARE BUT ALSO TO CHILD ENRICHMENT
ACTIVITIES. [APPLAUSE]
WE WILL START WITH THAT CHILD. THAT WILL BE OUR FIRST CHILD.
[APPLAUSE] THAT'S CUTE.
ADDITIONALLY THE FUNDS IN THESE ACCOUNTS DO NOT EXPIRE AT THE
END OF THE YEAR. THEY DON'T REFERRED TO EMPLOYERS
OR TWO THE TREASURY. INSTEAD, THE FUNDS ROLL OVER SO
THAT WHILE ONLY $2000 CAN BE CONTRIBUTED EACH YEAR ON.
SUMS CAN ACCUMULATE AND CREATE SUBSTANTIAL SAVINGS,
TREMENDOUS SAVINGS ACTUALLY. [APPLAUSE]
THESE SAVINGS CAN BE USED BY PARENTS TO GET HELP GET 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 HELP OFFSET
THE COST OF HIGHER EDUCATION FOR YOUR CHILD.
[APPLAUSE] FOR LOW INCOME INDIVIDUALS, THE
FEDERAL GOVERNMENT WILL PROVIDE MATCHING FUNDS IF PARENTS
CONTRIBUTE $1000 THE FEDERAL GOVERNMENT WILL PROVIDE A
500-DOLLAR MATCH. TO HELP LOW INCOME FAMILIES SAVE
MONEY WE WILL PUT A BOX ON FEDERAL INCOME TAX FORMS OF
R&B'S PARENTS TO HAVE THEIR EARNED INCOME TAX CREDIT FUNDS
DIRECTLY DEPOSITED INTO THEIR DEPENDENT CARE SAVINGS ACCOUNTS.
SIMPLE. THESE DEPENDENT CARE SAVING
ACCOUNTS CAN ALSO BE SET UP TO PROVIDE CARE FOR ELDERLY
DEPENDENCE OF WHICH WE HAVE MANY.
[APPLAUSE] MANY, MANY, MANY.
OUR PLAN ALSO INCLUDES MUCH-NEEDED REGULATORY REFORM TO
INCENTIVIZE HER SOLUTIONS. THE NEW FUNDS ARE OFFERED BY OUR
PLAN WILL CREATE A NEW MARKET FOR INNOVATIVE CHILDCARE
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.
[APPLAUSE] IT'S CALLED SPECIAL INTEREST.
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 COST COMPETITIVE
AND INNOVATIVE SOLUTIONS AT THE CLICK OF A BUTTON INCLUDING
SERVICES LIKE NANNY SHARING. OUR PLAN WOULD ALSO COVER CARE
PROVIDED BY RELATIVES AND GRANDPARENTS.
OUR PLAN INCLUDES INCENTIVES FOR MORE EMPLOYERS TO OFFER ON-SITE
CHILDCARE AS WELL. WE WANT THE EMPLOYERS TO GET
INVOLVED. NOW THEY WILL START GETTING
INVOLVED, RIGHT? [APPLAUSE]
AND YOU WILL START LIKING YOUR EMPLOYER A LOT MORE.
THAT'S ONE OF THE BENEFITS. THIS CAN OFTEN BE A GOOD
SOLUTION FOR MANY WORKING PARENTS AND CAN SAVE THEM UP TO
30 MINUTES IN COMMUTE TIME. CURRENTLY ONLY 7% OF EMPLOYERS
PROVIDE THESE SERVICES. NOT VERY MUCH.
OUR PLAN WILL EXPAND TAX ATTRACTIONS FOR EMPLOYERS, ALLOW
COMPANIES TO POOL RESOURCES TO PROVIDE -- AND I THINK THIS IS
SO IMPORTANT, PROVIDE SHARED CHILDCARE SERVICES AND REMOVE
NEEDLESS REQUIREMENTS THAT HAVE PREVENTED EMPLOYERS FROM USING
THE CREDIT. THEIR REQUIREMENTS ARE SO
ONEROUS THAT THEY NEVER GET TO USE IT EVEN THOUGH IN MANY CASES
THEY WOULD LIKE TO. FINALLY, OUR PLAN OFFERS A
CRUCIAL SAFETY NET FOR WORKING MOTHERS WHOSE EMPLOYERS DO NOT
PROVIDE PAID MATERNITY LEAVE. THIS SOLUTION WILL RECEIVE
STRONG BIPARTISAN SUPPORT. DO YOU AGREE WITH THAT?
WHEN YOU GO TO THE OTHER SIDE THEY WILL BE UP TO A?
I'M HEARING THEY WON'T HE. WE WILL GET THEM TO BE OKAY,
RIGHT? WILL BE COMPLETELY SELF
FINANCING. I THINK YOU WILL HAVE BIPARTISAN
SUPPORT. BY RECAPTURING FRAUD AND
IMPROPER PAYMENTS IN THE UNEMPLOYMENT 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. [APPLAUSE]
THIS MATERNITY LEAVE WILL BE PAID STRAIGHT OUT OF THE
EMPLOYMENT INSURANCE FUND AND AGAIN THE SAFETY NET WILL BE
COMPLETELY PAID FOR THROUGH SAVINGS WITHIN THE PROGRAM.
THERE ARE MORE REFORMS AND SOLUTIONS IN OUR CHILDCARE PLAN
AND YOU CAN REVIEW THEM ALL ON THE WEB SITE.
ON THURSDAY I WILL OUTLINE MY FULL ECONOMIC PLAN WHICH IS
COMPLETELY PAID FOR THROUGH ECONOMIC GROWTH AND PROPOSED
FEDERAL BUDGET SAVINGS. IT'S GOING TO SOMETHING
SPECIA, LIKE THIS COUNTRY HASN'T SEEN IN MANY MANY
DECADES. [APPLAUSE]
TOGETHER OUR TAX, TRADE REGULATORY AND ENERGY POLICIES
WILL ADD 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 PRESIDENT.
IT'S TIME TO FREE OURSELVES FROM THE BASKETS THAT POLITICIANS TRY
TO PUT THIS 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. [APPLAUSE]
I THINK YOU KNOW. [APPLAUSE]
THANK YOU VERY MUCH. THANK YOU.
I THINK YOU KNOW WHAT I'M TALKING ABOUT.
WHILE MY OPPONENT SLANDERS U.S. 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.
[APPLAUSE] [CHANTING]
THANK YOU, THANK YOU. IT'S TIME TO END THE RULE OF
SPECIAL INTEREST AND TO BEGIN THE RULE OF THE AMERICAN PEOPLE.
IT'S WHAT IT'S ALL ABOUT. IT'S GOING TO BE A BIG CHANGE.
[APPLAUSE] IT'S TIME TO STOP FIGHTING OVER
THE SMALLEST WORDS AND DREAMING ABOUT THE GRATED
VENTURES THAT LIE AHEAD FOR OUR INCREDIBLE COUNTRY.
[APPLAUSE] 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 PROSPEROUS AGAIN.
WE WILL MAKE OUR COUNTRY GREAT AGAIN, GREATER THAN EVER BEFORE.
[APPLAUSE] THANK YOU.
TAKE YOU VERY MUCH. GOD BLESS YOU.