tv Key Capitol Hill Hearings CSPAN May 20, 2016 5:37am-7:01am EDT
and you all recognize that institutions, recognize the overwhelming accomplishments of the legacy of institutional racism which we still live ith. no one wants to say that. i know i speak out too loudly sometimes but i make no apologies for it. not a joke. i make no apologies for it. sometimes it's uncomfortable but these are uncomfortable times. you've got to shake the status quo a little bit. you know, we see this institutional racism exists today in voting. in voting. in children's education. in the very makeup of our neighborhoods. housing patterns. employment, transportation. access to transportation. you know, for more than 100 years, members of this storied organization have awakened the american people to the realities
in our midst because you share the view that if we let the rest of the country know what the problem is honestly, they'll react to it. folks aren't bad folks, most folks. they just don't know what's going on. they're working like the devil just to put three squares on the table a day. they're working like hell to make sure they take care of heir own families. they're not familiar in a real sense until you bring it to them. you bring it to them. and so, we found out that what happened is, the urban league executive director back when i was a kid, he was one of the guys we all looked to, whitney young, he proposed a dramatic marshall plan. not unlike what the mayor is talking about but it was consequential at the time. it became the foundation for lyndon johnson's war on poverty.
i never knew lyndon johnson, the year i got elected was the year he died. i attended his funeral as a 30-year-old kid who just got elected to the united states senate. for all the downsides about the war this guy did more than anyone else for civil ights. that war on poverty was about medicaid, an institution. but he knew that if an african-american child or a working family didn't have access to health care, to be healthy, everything got lost. everything got lost. medicaid. medicaid was the single biggest beneficiary immediately with the african-american community. there had been no health care. coming into those communities. housing. the fact of the matter is, because he knew that african-americans couldn't achieve economic success, unless they lived in safe places.
playground you could send your kid to and not worry they're going to come home beat up. send them to public school, you know if they did well they had a chance. just a chance. a chance. to maybe, maybe, maybe go to college. maybe. only 7% did those days. we're still not that far along but it's 20% today. but only 7%. head start. because he knew, they knew, long before anybody wanted to admit it that it really mattered, it really mattered, those early years. we now know et matters from the time you bring the baby home from the hospital. we know it matters. we know there's so much we could do. but it mattered. head start was all about saying, the fact of the matter is you're behind the curb, going to school. we've got to give you a head
start. the head start wasn't to get ahead, it was to maybe, maybe catch up. maybe catch up. all those guys talking about bell curves back in those days, remember, about how black children did not have the same cognitive capability of white children, give me a break. no really. thank god a lot of young people in the room maybe won't remember that. but that was standard operating procedure. that's what head start in part was about. pell grants. i've been, as some of you know, i've been an incredibly strong supporter of hbcu's. they used to be hbc's. now it's hbcu's. [applause] i think i've been on more hbcu campuses as vice president than anybody who has ever had that job because it has been become,
it was, it was the -- it was sort of the -- sort of a big sign back there that said hope. you know. hope. hope. and pell grants. what are pell grants about? it wasn't just african-americans but you had to be poor. you had to have a low income. and we give you assistance to get to college. that you couldn't get before. guess what? the majority of black folks were poor. so it mattered. it mattered. and job corps. president knew he couldn't see economic success without a stable, decent paying job. the whole point was, it didn't solve the problems. but it's the first time in my view in our history a president faced squarely the economic realities of what was 250 years nstitutional racism.
some of it not intended but just built into the system, baked into the cake. baked into the cake. and it mattered. mr. mayor, everything you guys have done and worked on has been worked off of. those basic fundamental principles that underlie every one of the great society's programs. it's always talk about the money and whether it's wasted or not. it was the principle behind each of these things. the democratic party just finally established, put a stamp on it. so nobody argues today that malnutrition doesn't affect evelopmental capability. back then, it was viewed as separate. no one argues today. we argue about whether we're going to do anything about
it. but i'm serious. think about it. so the irony here is that when the president and i took office, you all know, the economy was in free fall. i'm not going to recount how bad it was. you know how bad it was because it was particularly bad for poor folk and particularly bad for african-american and hispanic poor folk. they were hit the hardest. last in, first out. if they were in, they were out. before i lowered my right hand from being sworn in on january 20, we'd already lost 776, i think that's the number, thousand jobs that month alone. we lost over 800,000 before the month ended.
and for the next four months we ost 00,000 jobs a month. so when the president and i, an we did, the president and i, with real expert help but we sat on the 60th, 70th story of that building in chicago during the interim period between being elected and being sworn in, putting together the cabinet and details of what we were going to do we came up with a thing called the recovery act. turned out to be almost $1 trillion. thanks to the help of the congresswoman here and the congressmen and senators we arely passed it. arlan r, my friend specter, i convinced to change parties he voted with us and it passed. literally. not figuratively, literally. it was not passed until that point. not only kept the economy, now 85, i think that's the number, the university of chicago, a
brilliant institution, not the ost liberal one, the school of chicago -- the chicago school of economics, i think they said 84% of economists said it helped prevent depression or raise us out of a significant recession. but we wanted to do more than that. you tell me if i'm taking too much time, ok. [laughter] sorry. but i think this is really -- it's the reason why we're in, the reason we're doing what we're doing. i come from a wealthy state of delaware. i've always gotten great support. i win big in the state. won seven times in the senate. in the corporate state of america i don't have anything against rich folk, i mean hat. they're as patriotic as poor folks but they don't need e. rich folks don't need me to look
out for their interests. that's not why i ran. that's not why i got involved. protect their security, but they're going to do ok without joe biden out there hollering or them. unless you all are hollering for the people we're with, they're not going to do ok. they're not going to do ok. here's the point. the thing that's missed about the recovery act that we didn't advertise it, didn't hide it but didn't advertise it. we used that almost $1 trillion, $840 billion, i think it was, spent in 18 months, and every outside group, you may remember when the president said sheriff joe will now enforce it. sheriff joe is proud. every outside organization points out, less than .2% wasted fraud. the most significantly administered, biggest program in merican history. and no fraud or waste. but here's the point. built inside that was a way to begin to change the way we
governed. oh yeah, all this money for stimulus but take a look. it had $100 billion spent in 18 months for education. the largest single investment in one fell swoop. $100 billion we spent. thank god we had a guy like arne duncan who knew what he was doing. $50 billion went into your cities to stabilize schools in inner cities. $50 billion. look at all the inner city neighborhoods, down in louisiana, down in the city of new orleans. what would have happened? these kids are already behind, they lose 25% of their teachers, they close, they get doubled up, classroom size increases by 50%. they learn less. and they're further behind.
$50 billion. went in just to keep teachers on the job. we focused on improving the lowest performing schools, to which too often are the only ones available to african-american children. $15 billion in there for housing because african-american families invested disproportionate share of their wealth in their homes. $50 billion for transportation. joe, what does that have to do with african-americans? guess what, guys, any of you from an age 45 to my age, 107 -- [laughter] by the way, one of my favorite athletes is satchel paige and one of the reasons why, he didn't get to the majors because of jim crow, he didn't get to the majors until he was 45. pitched a win when he was 47. sports writers came in and said, satch, 47, no one has ever pitched a win at that age.
how do you feel, a win on your birthday? he said, that's not how i look at age. how do you look at age? he said, i look at it this way. how old would you be if you didn't know how old you are. [laughter] i'm 42. ere's the point. we talked about in undergraduate school and graduate school and a lot of you studied about urban sprawl. remember? guess what. the millenials are moving back to cities faster than any time in modern history. but here's what we have now. we have job sprawl. so the jobs are in the counties. our folks are in the cities. you have a disproportionate share of african-americans living in cities who to not own an automobile. in the city of detroit, which i spent a lot of time in, 26%
don't -- families don't own an automobile. you can't have a job if you can't get there to the interview. so we've put a lot of money into transportation. meaning, everything from street cars to buses to rail transit. connecting inner cities to the suburbs. show you how things have changed, i remember i was a county council person, new castle county, delaware. when i was there in 1970, it was the fastest growing county in america for the metropolitan standard district they're in. remember that program used to be on, the one with allen funt, what was it called? "candid camera." to make the point about my state of delaware, there's a four-lane access highway that goes from downtown wilmington into pennsylvania on the way to
chester, pennsylvania. and there's a big median strip right as you cross the line from pennsylvania -- delaware to pennsylvania. allen funt had a giant sign erected, like a billboard, in the median strip saying, dover, delaware closed today, overcrowded. and people turned around. people were stopping and turning around, going back. but guess what, we're growing -- we're going -- growing fast. i was bright young councilman, i said why don't we have better transportation? put together a whole big deal bout transit an bus transit. i couldn't get votes for it. you know what i find out? finally at a town meeting they said, we don't want them coming out here. not a joke. remember? those of you old enough, emember? y'all have got to get out there to get a job.
we cut the payroll tax by $120 billion. payroll tax. every working african-american got a pay cut if they had a job. $40 billion in there for emergency unemployment benefits, remember they weren't paying unemployment benefits or extending unemployment benefits, it didn't just help african-americans, it helped everybody in need. but disproportionately, you all ere hit the hardest. so benefited the most from it. look, we tried to do a mini version of what you're trying to o right now. look, we tackled what we believed would be the most important elements of the -- to generate real growth. health care. health care. the affordable care act. bringing health insurance to 21% of african-americans who had no health insurance. almost a quarter of every african-american before we did
this had no health insurance at all. we increased medicaid. look at all the african-american families and poor families in america that have been helped by hat. we increased pell grants. pell grants. we made college deductible up to $10,000 over four years. eight million more kids are in college with pell grants. i don't know the number but a disproportionately high number are african-americans. they're in college now because of what you all did. we expanded the earned income tax credit and child tax credit to 2.8 million african-american families including 1.5 million black children out of poverty just by that one thing. [applause] wasn't enough. through dodd-frank, everybody thinks dodd-frank as we're going on, can't be too big to fail. but guess what, it also set up the consumer protection --
financial protection agency going after payday loans. i don't see a payday loan office n my neighborhood. ain't my neighborhood but i can take you to all the neighborhoods i worked and there's a payday loan on every ifth corner. we did one other thing. we started looking at, and one of the things i give -- you expect me to say this, but i give my deceased son, bo, credit for. he was attorney general in the state of delaware, he did a lot, really, he came from the community, ask anybody from delaware about him. but he was one of the guys that wouldn't go along with our administration's agreement to settle with the banks. and he said, dad, i'm sorry. i said, keep going. and guess what, he got tens of millions of dollars in refunds. several billion dollars in refunds.
but the one thing we focused on, he focused on the fact that a lot of mortgages that are given to african-americans during this period were basically fraudulent. over $110 million in fines because of what happened to african-american families. and with hbcu's, i recently spoke at a commencement at delaware state for the third time, my swan song as the senator from delaware, i guess i'm the vice president, the vice president from delaware. [laughter] i can't get it through my head. look, i was senator -- they're like, no, you're vice president. you're vice president now. [laughter] you all think i'm kidding, i'm not kidding. but we all know that hbcu's are vital to helping young african-americans reach the middle class. and we know all the study, you
know the studies about lots of times when the disadvantage of being put into an academically r a circumstance where you are an overwhelming minority and how the social pressure impacts on academic achievement and the rest, that's why an awful lot of very, very successful and consequential black american middle class and upper class families send their kids to hbcu's first before they send them off to harvard and yale and other graduate schools. my point is this. it's important. that's why the president, and this is the -- this is the president, i strongly supported it, but in 2010 we committed almost $1 billion, $850 million other 10 years to support hbcu's that are struggling right now. job training programs like the $4 billion trade adjustment act.
community college career training fund. how many people we put together, those of you who represent major cities, how many jobs we connected to community colleges, etting people retrained. so look, we're now pushing for two years free community college. and -- [applause] and i think we could afford four years of college at public institutions. but here's the deal. you hear and one of the things that bothers me about my team is democrats, republicans -- congressmen, senators, and the rest of us, we don't explain how we can afford it. every time we say free community college, it costs $6 billion a ear. it does. it would increase the number of people in community college from six million to nine million. it would increase the g.d.p. .2%, which outweighs that by a factor of i don't know what.
they go, oh, there goes the big spending democrats. we ought to explain how we do his stuff. for example, when i was a senator in the 1980's with reagan, we had in the tax code about $700 billion a year in tax expenditures, fancy word for tax loopholes. some legit, some not. mortgage deductions -- they're supposed to either promote investment or promote growth or meet a social need. well, that's now $1,300,000,000,000 that doesn't go to treasury because we don't collect it buzz of tax i'll do have to is go out there. if your daddy or mommy can b
uy $10 million worth of stock and one year later, it is worth $2 million, enough to pay a capital gains tax. before daddy sells it and he passes away, god forbid, and leaves it to marry or jamaal or however, guess what? they don't pay any tax. it is called stepped up basis. it starts off at the basis of what the person inherited. you know how much that cost the treasury every year? $17 billion every year. 4/10 of 1% of the good people. it is not a punishment. there is just no evidence.
if you took $6 billion of that imaging billion dollars, you are ofng to increase gdp by 2/10 1%, raising everybody up and you are going to have a better educated public, cutting half the cost of four year colleges and you have another $11 billion reduced in the deficit. we have got to start arguing with a republican friends when they start telling us about how all of this stuff costs so much money. we are the ones talking about increased productivity and better training for people, adding jobs in the future. i guess what i am trying to say is the recovery act called for the most aggressive recovery of cities in the history of the united states. it embedded experts to help mayors tackle the problems, new bus systems, broadband network in fresno, california, new walkways. that way, young children could walk to school safely.
on and on and on. but as much technical assistance as our experts gave cities, the city is taught us much more. how to work around the old, top down, one-size-fits-all, working directly with cities, forming lasting partnerships, rather than just a voice on the telephone from d.c. examples, a number of but let me talk about detroit. graves,lative guy, don he was the point person for the entire thing to bring detroit back onto its feet. he helped them leapfrog over where they had been. they have a great mayor their name doug it was doing an incredible job. we provided technical support streetlights, led saving the city $3 million each year. but guess what?
it lit up the parks in the city that had no let's. no longer in darkness. half the city is no longer in darkness. down the home next to the helmet never missed a mortgage payment, you you increase the value of the home and people are moving back in purchasing those homes that are being reconstructed. if they were in washington dc, they would be worth $150,000 to $200,000. communities that up to now, or havens for illicit activity. million in federal grants to buses sothose 80 new people could work those jobs and get home. people can now get to work and school and come home to their family. by the way, nationwide, 35% of
f african-americans don't have an automobile to get to work. despite our successes, the recovery has not been equally shared. in 2014, i quoted dr. king what atlanta.n 1967 in he said, where do we go from here? then, he answered his own quest in and said, first we have to honestly recognize where we are now. i apologize if i am repeating what i said in 2014, but it is still a relevant question. we have to recognize where we are right now. where things stand right now. we have made great progress. the high school graduation rate is the highest it has ever been. to 8.8%.ent fell african-americans are still way behind their white counterparts. 36% of african-americans still of an property.
the median household income for white families is double that of black families. whitealth of a typical family is seven times that of a typical african-american family. i could go on and on and you all know it. this is all rooted in opportunity and they are rooted deeply in the institution. people don't even understand this exists. these people have the same capabilities. 40% of black children live in poverty and over half are born poor and stay poor. that is double the rate of white children who are born poor and stay poor. with are not comparing apples and oranges, but comparing apples and apples.
the institutional racism is in existence today. we are only slowly beginning to acknowledge it. beyond, will beyond what happens in terms of enforcement. let me give you a few examples. look at what has happened since the supreme court ruled on the voting rights act. thesupreme court gutted voting rights act. the right to vote is the most basic of our civil rights. this year for the first time in a presidential campaign, 10 states will be enforcing restricted voting laws that did not exist in the last election. even though they can't show any evidence that there was any in-person voter fraud. we are fighting this in court every day.
askingng, congress to restore the voting rights act. what happened overnight? what all of a sudden occurred? other than the republicans taking over the house and senate? [laughter] i'm serious. how may what changed, other than that? they are taking over the governance, housing. compare where black middle-class families and white middle-class families can live. liveey to where they can is where they can get an affordable mortgage, or whether the real estate broker will actually sell them a houston the first place. but black families are not being toen the same opportunities break into stable communities with the best schools because they can't get a mortgage yet. the same income and background.
we are pursuing this. forredlining that i fought when i was on the banking and repairs, i was one of the first guys to support redlining legislation. it got past in the 1970's. it still goes on today. it is just as destructive. you can't get a mortgage. finding $110 million in shady lending practices. the result is the same. black families live in neighborhoods where the average income of their neighbors is wear a to $12,000 less white family would live with the same income. the children don't have the same opportunities. there is powerful research, you have seen it, that confirms what you have all known for a long time.
thehborhoods, the schools, opportunities, the social norms of the neighborhood, are critical in shaping children's mores, shaping their opportunities. and children from those middle class families who can't move in to a neighborhood that has those norms, they don't get the higher income neighborhoods. and they lose opportunity. but they have the same economic power on paper. education. black kids don't get the same access to good schools and resources that their white counterparts do. it's not surprising that the average black child arrives to school the first day of kindergarten far less prepared than the average white child. you know the numbers. these gaps start even earlier. for example, by the time a three-year-old child in a low gets to -- by the time they're three, they will have heard 10,000 words spoken.
compare that to the average middle class, not just white but black, middle class family in the middle class neighborhood. they will have heard 30 million words spoken. just spoken. yourow many -- not how big vocabulary is, just spoken. 10 million versus 30 million. all of you know, you were taught by your mothers, talk to your baby. constantly talk. that's how they learn. that's how they absorb. we can't let anyone define down the capability of black children, which is what is happening. we have to expect much, much more from our children. my mother had an expression, children tend to become that which you expect of them. don't dumb it down. [applause] that's why with your help, we're fighting like the devil for funding of early universal
education and professional development, improved teacher quality, to reach children in low income neighborhoods, because it matters when you get them earlier. that's why we're fighting for, as i said, two years community college, because 12 years of education -- look, if your kids, your grandkids are going to write a senior thesis at a university 15 years from now, and they're going to look back and say, why didn't they know that it mattered how early you intervened? and what made them think that 12 years of education was enough in the 21st century? what made anybody think that? the rest of the world has awakened. the reason why we were so dominant is we were the first nation in the world, including our european friends, to have 12 years of universal education. beginning in the 1950's and 1960's, other nations started to catch up. folks, 12 years isn't enough.
look, we have come a lot way, but a lot more has to be done. let me conclude by saying it comes down to one thing. everybody deserves a fair shot. and average people -- white and black and hispanic and asian are capable of doing extraordinary things, if you give them a shot. just give them the tools. the base foundation, equal access to the same education, a safe neighborhood, a job, transportation get to a job, health care. we just need a chance. you all know it. we just level the playing field a little bit. but foes, the president and i believe the sacrifice and struggle should not fall just to those who are sacrificing and struggling.
you quoted something from my book i have not heard in a long time. we all, we all, we all for our own safety's sake, we all have to sacrifice a little bit, all of us. we used to be one america, i really mean it. where we thought about things in terms of everybody has responsibility, which everybody talks about the responsibility in a community. but everybody has obligations. everybody has obligations. and the sacrifice is not great, but the reward is enormous. so i am deeply honored to have this lifetime achievement award. but my -- we are not done yet. we are not done yet. and i am going to be right here with you -- whether i am in office or out of office and soon
i will be out of office. i have never been gainfully employed in my life. [laughter] i don't know what the hell i am going to do. i never cashed a paycheck in my entire life. you think him joking, and i'm not. so, i will need some career advice from some of you. [laughter] but it want to stay involved with you. i really mean it. i'm not just saying it. i will be right here pushing the next president to level the playing field. give everybody a chance. like i said, ordinary people do extraordinary things. the neighborhood i come from, remember the last campaign i will not mention in particular, but i really got offended when one of the candidates said, i worked at mcdonald's and i had dreams. i worked there and i didn't have dreams? i didn't work in a mcdonald's, but i didn't have dreams in my neighborhood? i didn't have dreams? why can't i play ball?
my parents didn't have dreams for them? there is this thing that has arisen. they are not bad people. they have this distorted notion that somehow, if you come from means or a background and you are educated, somehow, you dream differently than we do. no, i am serious, think about it. not a joke, think about it. have you ever known a mother in a tough neighborhood that didn't dream for their kid to go to college in her heart even though she dropped out of school and fourth grade and may be struggling now? have you ever known a family in a tough neighborhood or a barrio or ghetto that did not have a dream for their kids? so, guys, it is all about giving people a chance. so, i am proud to be associated with you all. god bless you for what you have done, and may god protect our troops, and i apologize for getting so much into this. [applause]
[captions copyright national cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] c-span's "washington journal," live every day with news that affects you. this morning, we discussed the new overtime rules from the labor department. none the policy director talks
about the deal between the rnc and the trump campaign to jointly fundraiser for the general election. it will also discuss sources who say mr. trump is aiming to raise more than $2 billion. and a national reporter for military times will be with us and break down the national defense authorization act passed by the house wednesday night. be sure to watch c-span's s "washington journal." join the discussion. >> next, republican candidate donald trump talks about the presidential race and the crash of egyptair flight 804. he spoke at a campaign event in lawrenceville, new jersey. after dropping out of the presidential race, governor christie endorsed mr. trump and has campaigned with him at several events. ♪
there are events going on around the world that scare us. we know there are people out there that want to hurt america and americans. we need a strong president that will fight back and defend america first and i am confident that that person is donald trump. jobs could help you to support your family. we need a government that understands you need to get off your back and out of your pocket. we need a government led by somebody who is actually created jobs and met a payroll and that man is donald trump. [cheers and applause] crowd, iout at this see the thing he has brought to every enterprise he has never
led in his life. he has brought greatness to every enterprise he has ever led. i see your hats. he is going to see them too. and i am confident that he will make america great again. [cheers and applause] and, and i know that new jersey, on june 7 on primary day, with our votes and our delegates are going to be the people who put them officially over the top as the republican nominee for the president of the united states. and iwant to thank you, want to thank you for being here tonight to help to support us. in the end, donald and iran against each other for a little bit and after new hampshire, when we left the race, mary pat and i sat down and had a serious talk. do we want to stay out of the presidential race there forward,
just let nature take its course, whatever happens, happens, or did we want to do something that was going to make a difference? we have been friends with donald trump for 14 years. we know him well and i said to mary pat, we never ever make in mistake by standing with your friend and donald trump is my friend. [cheers and applause] so, nearly three months ago he and i walked into a room together in fort worth texas and shocked the world. i announced my endorsement for president and there were all the skeptics and critics at the time who criticized my decision. well, they can come and meet the next president of the united states with me. [cheers and applause] and new jersey republicans are once again proving, if you want the republican nomination, get
the support of the new jersey republican party, and donald trump has it. mary pat and our family, we are thrilled to be here tonight. we are thrilled to be supporting our friend. we have got about six months to go, everybody, just a little bit less than six months before we change america by electing a new president, getting rid of barack obama and hillary clinton. [cheers and applause] can telll you this, i you this as somebody who is been on a few debate stages in my life tha tt i know hillary clinton's worst nightmare is going to be to climb onto that debate stage in september and look across at donald trump. [cheers and applause] we don't need, we don't need
more washington, d.c. insiders messing up this country. and we sure as heck don't need hillary and bill clinton back in the white house. [crowd boos] we don't need the same type of ineffective foreign policy. we don't want america to be weak and is respected. we want america to be strong and respected and donald trump will make that happen. [cheers and applause] certainly don't want someone in the white house who is going to be more worried about being charged by her attorney general than by protecting the people of this country. we need a president who was going to put america first one more time. ladies and gentlemen, you have
mr. trump: thank you very much. boy. [chanting "trump!"] mr. trump: you know, chris paid off his entire campaign debt tonight, his entire debt. [cheers and applause] trump: chris, you cannot even give him a table and a seat. terrible. [laughter] mr. trump: a great guy and a great governor. i love you too. look at this guy. [applause] mr. trump: i wanted to know a little bit. he has been my friend a long time and done a great job. i said, let's be specific. we want to be specific. so, i said, give me some information and boy, do it look forward to debating hillary, won't that be fun? i look forward to that. so i said, let's be specific.
governorchristie, your , balanced the budget six times without raising taxes. not easy to do. [applause] a $2.3mp: enacted billion job creating tax cut. that is a lot of stuff. $2.3 billion, not easy in new jersey, i can tell you. he shrank the state government by 6500 jobs. governor christie, there is no such thing as bipartisan anymore. it is a beautiful thing. economic opportunity act will ultimately create 27,000 jobs, 22,000 in the construction industry. a lot of my friends are here tonight. we are all in the construction industry. [applause] mr. trump: governor christie contributed more to the pension system than any other governor in new jersey state history. governor christie brought the insolvent -- and this was important -- the insolvent new jersey unemployment trust fund back to solvency.
i can tell you it was done at least two years ahead of schedule. that is a pretty good track record, and that is just a few of the things. that is just a few. we have had an interesting time. you know, it all started, and chris was out there, i was out there, and they have to say, one of the more interesting parts was, i was watching the debate. i have one debate a really enjoy. i was watching. i like marco very much. chris was over here. i was standing there, i watched it happen. it was -- i mean, he looked like perry mason that evening. that was a rough evening for marco. marco will admit it. that was a rough, rough evening. so this began -- [laughter] mr. trump: there is nothing like new jersey. [applause]
mr. trump: there is nothing like new jersey. so many wiseguys. i'll tell you what, you can make it in new jersey, you can do just about anything you want in life. great people. by the way, on june 7, will you do me a favor? go out and vote, please. go out and vote. [applause] mr. trump: boy, are we going to go out in november. so, on june 16, we are going to build that wall. [applause] mr. trump: the wall is going to be built. we want the wall. hillary -- you talk about bernie sanders. bernie. crooked hillary. i love this crowd. [applause] mr. trump: my people. this is my people.
but bernie sanders said that hillary really is, essentially, not fit to be president. she is not qualified to be president. you know why? he said because she suffers from bad judgment. so today, she made this statement. she will not use the term "radical islamic terrorism." [booing] mr. trump: she refuses. you know why she won't? because her president won't use it, that is why. by the way, is she being nice to him? she couldn't stand him and her husband couldn't stand him. bill couldn't stand him and she couldn't stand him. i wonder why she is being so nice. can you figure it out? she is being so nice. she did not like him one little bit, now anything he says, my president said, my president said. but if you think about it and if you look at it, he said "unqualified," and she suffers from bad judgment.
and she does. today, we had a terrible tragedy, and she came up and said that donald trump talked about radical islamic terrorism. she used a different term because she does not want to use that term. she refuses to use that term. i am saying to myself -- it is a terrible thing. he essentially should not be running for office. he does not have the right to run for office. i said to myself, what just happened 12 hours ago? a plane got blown out of the sky. if anything -- if anybody thinks it wasn't blown out of the sky, you are 100% wrong, folks. ok? you are 100% wrong. it is getting worse. today i was watching one of the networks. they had this great guy from the fbi on, talking about what happened with the plane. it was amazing. it was amazing. i never saw him before on television. he is going back and forth about how bad it is getting, how we are losing control. how don't have an president that knows what he is doing.
at the end, he says, let me tell you something. i don't know this man. the person that knows what is going on, the person that understands what is happening, is a guy named donald trump. [applause] mr. trump: a great honor. [chanting "we want trump"] mr. trump: thank you. thank you. that was a great honor. you are sitting home and watching television and you have this man who is a real expert on exactly this and an expert on terrorism. he says that and that to me, is a great complement. so, on june 16, they came down that beautiful escalator in trump tower. it is very nice, but it doesn't remind me of this one.
and it was a big day. i said, we have to do it. there are so many things we can do to make america great again. we are never going to do it. if hillary clinton gets in, i do not know if our country can ever recover. yesterday, i named a large number of judges, and i will be adding to that number, who are really highly, highly respected judges. they come out of heritage, they come out of different groups that have recommended very strongly. they really recommended strongly. these are great judges. we will be adding additional ones, chris. it is outstanding. one of the most important things, always security first, right? always security. one of the most important things we will be doing, whoever the next president is, is naming judges. probably naming the justices of the united states supreme court. because they are going to take us in a certain direction. it is either going to be down the tubes, or through the roof.
i will tell you, through the roof. the judges, the justices, some of them are currently judges, i guess almost all of them are currently judges. but the justices of the united states supreme court, it could be three, could be five, probably going to be three, most likely three, four, could even be five. that is a massive number of justices. wins -- and it looks like it is going to be hillary. it looks to me, she has gotten totally embroiled in this. how bad a judgment is the e-mail scandal? for what reason did she do that? i know the reason. i know the reason. it is always the same with her. it is always the same with them. but i know she is a liar -- i have used that one already. i cannot use it. i would like to use it again. we will go crooked hillary, ok?
crooked may be more accurate, maybe. she is probably going to get out because, i mean, you know -- they keep letting her. what she has done is so much worse than what anybody else running ever, ever, has done. if you look at all these people, general petraeus, they have done a tiny fraction of what she has done. their lives have been destroyed. their lives have been ruined. what she has done, what she has done, for her to be able to continue to run is an absolute disgrace, in my opinion, to this country. absolute disgrace. [applause] mr. trump: and on top of that, you know, it is an amazing thing. every time i watch the race, bernie sanders wins. bernie sanders wins. he keeps winning. then they have the roundtable. well, hillary clinton will win. it is a rigged deal.
i started using the word "rigged." right? months ago, nobody used to be word "rigged." now, everybody is using the word "rigged," and now everybody is calling it rigged. the republican deal was rigged 100%. what did i do? you have to win by massive numbers. and boy, did we get massive numbers. we did well. [applause] you know, i had, by far, the most delegates. and i came into new york, and everybody said, new york, but the people of new york, they love me. they know me. it is nice when the people -- and you know me as well as they know me. you know how many employees right now -- i am paying so many people. i have so many employees in new jersey. i hate to think about it, i have to be honest. ok? i am taking care of more education and more salaries and more health care than anybody,
probably, chris, in new jersey, right? but honestly, i am happy to do it. we have great people. new jersey, let me tell you, new jersey is a great state. it is a state where we have truly, truly great people. truly great people. so i came into new york. and we did not win by a little bit. we won in a massive landslide. we won everything. [applause] and the nice part is they know me the best. supposing you go into a community and they know you and you don't do well, that is not a good sign. they know me so well, they have seen me so many years, but they are probably sick of me. but they are still voting for trump. and what happened? so, i got 62%. we just knocked them, and it was great. ok. now i go to pennsylvania, great place. connecticut. we will do great in pennsylvania. we have our chairman from pennsylvania. over here someplace. we go to pennsylvania,
connecticut, delaware, maryland and rhode island. we won every single subsection of every single state. [applause] we won every county of every state, and we won everything by massive numbers. and don't forget, i got 66%, 67%. don't forget i have three people running. when these guys on television, the most dishonest human beings, these people right here, look at all the cameras. [booing] they are the worst. donald trump, i watched. we had like seven or eight people, nine people running. donald trump did not get 50%. how do you get 50%? sometimes i have -- you know we started off with 17 people. and actually after about two or three weeks, because i won new hampshire, which was amazing. we will take care of those
people. they have a drug problem you would not believe. they have heroin pouring over the border. we are going to seal of the border, we are going to build a wall, have real protection, believe me. we are going to do it for everybody. but we are really doing it. the people of new hampshire are, i mean, it is incredible. it is incredible. what happened, what happened is, and what is happening in new jersey, the drugs are pouring across. illegal immigration, illegal immigrants are coming through. we are going to stop it. we are going to build that wall. it is going to be a real wall. and we are going to have people come into our country, but they are going to come in to our country legally. ok? legally. [applause] so i went through the next week. i win new york in a landslide. i win, then i win five states. then i am watching and i am hearing that i got something, a little bit less, and actually, everyone was like, i should have done better. but wait a minute, we have all these people. then i go to indiana. that was going to be the firewall. i went there and we won indiana
so big, everybody just gave up. they gave up. chris knows what they did. that was the end. and we had a little help. it was a man named bobby knight. ok? bobby knight. bobby. we love bobby. holt and a thlou great coach from purdue. we had a lot of people that really supported. when bobby knight, who won 900 games, three championships, he had the last undefeated team in college championships, almost two undefeated teams, but he was a great coach. is a great coach. he looks better than ever. but he came out for trump, and i want to tell you, that state went crazy. that was good. if there was ever an endorsement that was good, we won indiana in a landslide. everyone gave up, and now we are going through, and we are doing great. we are just about like 50 short, and we will do great, and we will have an amazing convention.
we are going to take care of trade. we are going to make great trade deals. we are going to stop with this nonsense. we are going to make great trade deals, you know, with china. we have a trade deficit with china of $505 billion a year. think of it. how stupid can we be? [booing] obama does nothing about it, hillary knows nothing about it, she has absolutely no idea. and she is taken care of by the people putting up her money. even if she did, she would say, i cannot do that. she wouldn't know what to do. she would say, i cannot hurt these people. they gave me millions of dollars. let me just tell you, we are going to make the great trade deals out of absolute disgusting, the absolute worst ever negotiated by any country ever in the world. that is how bad they are. they are taking our jobs, they are taking our money, our everything. i really -- i will tell you what to me is the most interesting. i love new york.
i know new york. but i really toured this state like i never did before. i went up to albany and i went up to syracuse and it went up to rome -- that is rome, new york. that is the real fromrome, right? i went to suffolk. we did so great. but i looked at factories, and i looked at buildings that were absolutely terrible to look at. they were crumbling. and you could see 20 years ago, 25 years ago, you could see vibrance. and today, you can buy them for two dollars. i looked at places. and then i went to pennsylvania and i looked at places -- by the way, in pennsylvania, a week before, we have hillary saying that she is going to put the miners and coal mines out of business, ok? [booing] and i said, when i won new york, it was interesting, i said, we are going to put the miners back to work. i don't even know why i said it, and a few weeks later, i went to west virginia.
you want to see good numbers? i had really good numbers in west virginia. i did not say it for that reason, but we are going to put people back to work. we are going to take our jobs back. and we are going to use our power, including our power of taxation. when a company moves to mexico, and they think they are going to drop out like carrier, like ford, like nabisco, they think they are going to take our people, fire our people, move to mexico, make their air conditioners and sell them right across the border, no tax, no nothing, guess what, folks? not going to work that way anymore. not going to work that way anymore. [applause] now, i am a free trader. but i am only a free trader if we make good deals. you can't be a free trade are if everybody else -- these very conservative ideologues say, donald trump is not a free trader. how about jeb bush? donald trump is not a conservative. who cares? who cares? i am a conservative, but who cares?
so, somebody asked me yesterday, tell me, are you a free trader? i said yeah, i am a free trader. but here is what i am. actually, it was sean hannity last night. nice guy. do we love sean? [applause] good man. here is my trade deal. they said, what about it? i said, here is what we are going to do. my trade deal is very simple. here is what it is. i am going to make great deals for our country. that is my trade deal. very simple. we are going to make great deals for our country. you can call it free trade, you can call it 15, whatever you want to call it. we are going to make great deals for our country. it might be free, it might not be free. i can tell you this. when carrier and ford and nabisco are leaving chicago -- they are leaving their plant and moving to mexico. i am not eating oreos. neither is chris. you are not eating oreos anymore. no oreos for either of us. don't feel bad, chris. no oreos for either of us. i will tell you what, folks.
there has got to be consequences. when they move, there has got to be consequences. now i have watched for six years as the united states government, on a federal basis, the united states government worked very hard. they wanted to loan money to companies, give them low interest loans. you know, some companies took the money, and then they moved anyway. who does these agreements? but they want to come up with ideas. so here is my idea. it is not an idea, it is so simple. they worked on it for six years. in the meantime, you look at new jersey, you look at new york, by the way, look at different parts of this country, what nafta has done to us, signed by bill clinton, by the way. [crowd boos] mr. trump: it is one of the worst trade deals in my opinion, and the history of this country. one of the worst ever. and it is going to be repealed, believe me. it is going to be changed.
it is going to be repealed or totally renegotiated, probably repealed. probably repealed, probably. so, here is what we are doing. so, carrier moves. we are saying, hi, carrier, how are you doing? how is everything? i got to make the call myself. chris, am i allowed? as president of the united states, am i allowed to call the president of an air-conditioning company? may i? he said, only one time. it will only take one call. my wife would say, do not do that. you are the president. but it is so much fun for me. so i will call the head of carrier and ford and these companies and i will say, let me tell you something. you have let go of thousands of people, and you have left in this case indiana, chicago, all the different places, michigan. and michigan. which, i will win michigan. we are going to win illinois. we are going to win a new states. i have been talking about it for years. these other guys talk about it, and believe me, it will not work for them. it will not work out so well. we are going to win michigan big, you watch what happens.
i'm going to say to them, you want to move your plan? enjoy mexico. beautiful place, beautiful weather. i hope you like 120 degrees, it is wonderful. but here is what you need to do. but every unit you make and sell into the united states, you are going to pay a 35% tax, ok? [applause] 35%. very simple. here is what is going to happen. some conservatives will say, that is not free market. i mean, we are losing our shirts, folks. we are losing our jobs, we do not have a choice. here is what we are going to do. if i saw carrier before they move, in other words, i want to get in there quickly. i need to get in there fast before they move. i would say, you move, enjoy yourself. you are going to pay a 35% tax. they are not moving. they are not going to move. it is very simple. they are not moving. now, if it is too late and they move, i am charging these companies some tax because you know what, we are getting killed. we are losing all of our jobs, we are losing everything. so, at least the united states
will make a hell of a lot of money. and what do you think? and these dummies say, oh, well, that's the trade war. trade war? we are losing $500 billion in trade with china. who the hell cares if there is a trade war? it is trade war. [applause] it is crazy. think about it. $500 billion, and they are telling me about a trade war. you are not going to have a trade war. two things are going to happen. china devalues their currency. that is how they are killing us. they devalue their currency. they are behaving very badly. on top of that, they are building fortresses in the south china sea. they are doing things. let me tell you something. china will behave. china will be our friend. we will do better with china under me, and we are also going to do better economically under me. they will respect our country once again. i was told yesterday by an important person that china is very concerned about donald trump being elected. because you know why? because they are going to have to pay up. they are going to have to do something. they are going to have to do.
and i will say, look. a lot of you do not know the world of economics, and you should not even bother. do me a favor, leave it to me. just go and enjoy your life. but china is killing us, and so are other countries, with the devaluation of their currency. and they are making it impossible for our companies to compete. and they are doing it more than ever, worse than ever. nine months ago, they did a devaluation that they were not supposed to do, the biggest devaluation in 20 years, ok? the biggest devaluation in two decades. not going to happen anymore, folks. they make it impossible for us. it is not going to happen anymore. and when companies move, different situation, and they want to move to a different place, or they want to move in particular to mexico, which is becoming a mini version of china, we will be friendly with the mexican people. i love the mexican people. i employ thousands and thousands
of hispanics. i am doing great in the polls. and by the way, the hispanics love me. you know why? they are here legally, and they do not want their jobs taken away, their houses taken away. that is why i am doing well with the hispanics. we are doing great with the african-americans. they know i am going to create jobs. i'm going to bring back jobs. we are not going to be the stupid country anymore. we are right now, folks, believe me. we are viewed as the stupid country. we are like a big, big, sloppy bully that gets punched in the face and goes down. you ever see a bully get knocked out? it is a terrible thing, unless you are doing the punching, then it is ok. but just so you understand, we are going to change things.
we are going to make great trade deals. we are going to have tremendous borders. we want people to come in, but come in legally. we need the wall for drugs. just recently, two weeks ago, 16,500 border patrol agents endorsed me. and i called them and said to them, frankly, because these are great people, they are told to stand back. they are great people. they endorse me because they want to do the job. they are fantastic people. and they can do a great job. but i said to them when they endorsed me, i said, do we need the wall? you know what their answer was? mr. trump, we absolutely need the wall. they told me. i just wanted to be sure. i said -- [chanting "build the wall"] mr. trump: because i said to them, i want to build a wall. who knows better than the border patrol? that is what they do. they walk the border. they said, mr. trump, you absolutely -- it is another tool, and there are other things, but you absolutely need the wall, mr. trump. it needs to be a real wall, not the little toy wall.
see that ceiling? that ceiling is peanuts, folks. we are going to build a wall, and if they ever get up, then they are going to say, oh man, how do i get down from this wall? we are going to make it big. we are going to make it beautiful. we are going to make it powerful. and we are going to rebuild our military because our military is being decimated. did anybody see the big piece on television all last week where our fighter pilots are going to junkyards to buy planes. this is the united states. we saw it. where our fighter pilots and fighter planes are going to junkyards, where they have junkyards for the old, broken down planes. and they are stripping the planes apart and putting them on our 20-year-old fighter planes. we are like a third world country. and what we do is we are ordering planes. and other countries are ordering modern planes that are clean and beautiful. we are putting junk back on our planes, and we are putting our
pilots in there, and stripping other planes on the runway because they cannot get the planes to work. they are using, essentially, 60% of our funding. and i am saying, is this the united states? is this our country? obama does not care. he cannot care. he cannot care. he cannot care. so what we are going to do is, our military is being depleted at a time when we need our military probably more than ever before, right? we are going to have a military that is going to be so big, so strong, and so powerful that nobody is going to mess with us. just remember, nobody, nobody. and as part of that, and to me, very important, we are going to take care of our vets. because our vets are being treated badly. [applause] we are going to repeal and replace obamacare. obamacare is a disaster. [applause] we are going to terminate common
core, and we are going to have local education for your children. [applause] we are going to preserve the second amendment, which is under siege. [applause] and we are going to make america first -- there is an expression. we do not make america first. that is why we have all these bad deals. we have all of these negotiators, first of all, they are political hacks. they should not have the job. we are going to use -- we have the greatest business people in the world. we are going to use the greatest business minds when we negotiate with china and all these countries that rip us off. we are going to use the greatest business people in the world. you are going to see a difference like you have not ever seen before. when we defend these countries and nato, i am all for nato, but you know what? we have a lot of other countries in nato that are not paying us that are supposed to be paying us. they are not living up to the deal. in the old days, when i used to collect rent in brooklyn, the word is "delinquent."
they owe us a lot of brent. they owe us money. they are delinquent. we are defending them, and they are paying a fraction of what they are supposed to be paying. do you know the kind of money we are talking about? now, we defend japan. most people don't even know it. we defend japan. we defend germany. we defend saudi arabia. saudi arabia, before the oil, before the drop in oil do not worry about it. they are making a lot. they were making $1 billion a day. would you like that for new jersey, chris? $1 billion a day? [applause] we get practically nothing, folks. and they would not be there. and i have so many friends that are saudis that buy my apartments, you would not believe it. they are all great. we cannot be fooled any longer, we cannot be taken advantage of any longer. we are going to make our country rich again and strong again. we will be able to afford social security and medicare again.
i am the only one that says that. we will not be led down the tubes by an incompetent person like hillary clinton. because you look at what she has done, her deal with libya. [booing] just take a look at libya. it is a catastrophe. by the way, you have benghazi. think of what -- think of libya. they have some of the finest oil in the world. you know who has the oil? isis has the oil. isis. this was her deal. [booing] so many other mistakes, so many and other mistakes. i have a whole list, but i am not going to do that, because we are having too much fun. let me just tell you folks, i have gone all over the country. i have seen millions of people. we have the biggest crowds by far, far bigger than bernie. he is second. i think what happens, i believe that his people, a large percentage of his people, vote for trump. you watch, you watch what is going to happen. the one thing he is right on is
trade. he has got that right, except he cannot do anything about it. we both have the same the you. we are getting ripped off on trade. the difference is, i am going to make a great deal as opposed to saying, we are just getting ripped off. that is all he can do. here is what we are going to do, folks. we are going to make our country absolutely great again. we are going to start winning. we do not win anymore. we do not win anymore. we are going to win on military, we are going to win for our vet s. we are going to win with our health care, common core, we are terminating. we are going to win with education. we are going to win at every single level. we are going to win with trade, we are going to win with the border. we are going to win so much -- you guys are all friends, right? you are going to call me, and you will have chris christie call me, maybe even mary pat. i think she would be better. and you say, donald, the people of new jersey cannot stand you winning so much for our country. [applause] they cannot stand it. could you stop winning so much? it is driving them crazy.
and i will say, mary pat, i will not do that. we are going to win, win, win. we are going to make america great again. greater than ever before. and we are going to have a lot of fun, and we are going to be respected as a country again. so i want to thank everybody. i love you all. i love new jersey. june 7, june 7. thank you, everybody. thank you. thank you. ♪ [captions copyright national cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org]
>> "washington journal" is next. we will take your calls and get an update on egyptair flight 804. then, a conversation on european security and the role of diplomacy. then, we have live coverage from the atlantic council at 11:30 a.m. eastern on c-span. coming up, we talked to fawn joh nson about the new labor department overtime rules. the republican national committee and the trump campaign have agreed to fund raise dudley for the general election. -- raise jointly for the general election. john wonderlich will join us to discuss fundraising for the 2016 campaign. then, we get an update on the defense authorization bill with leo shane. the house rejected an amendment that would have barred federal
defense contractors from getting work if they discriminate against the lgbt community. you can join the conversation on facebook and twitter. >> is friday morning, may 20, 2016. the morning and welcome to "washington journal." congress left washington ahead of the legislative break. the president meanwhile, departs from washington this weekend and stops in vietnam in japan. we are a week away from the start of the memorial day weekend, please start of summer unofficially and the start of the travel season. and with long tsa linesz in the news, we thought we would ask about your thoughts on, are they worth the wait for your summe