tv White House Cabinet Meeting CSPAN October 17, 2017 1:34am-1:55am EDT
distribution, and retail industries testify all the costs of prescription drugs. on c-span3 and c-span.org. coming up tuesday, a look at the security of consumer data at the nation's credit bureaus. the senate banking committee is holding a series of meetings. this regards the equifax breach. see it on c-span. ahead of his cabinet meeting, president trump spoke with reporters. he says his administration is looking at welfare reform because of people taking advantage of the system. he also addressed health care, tax reform, immigration, the iran nuclear agreement, and the
federal response to wildfires in california. this is just over 15 minutes. >> we are doing a lot of great things. the unemployment rate is at a 17 year low. the stock market is soaring to record levers. -- levels. we are getting a new high. there is tremendous optimism with business. gdp growth reached more than 3%
last quarter. if not for hurricanes it would've done phenomenal. something will have to be taken off because of the tremendous problems of the massive hurricanes that we have had to endure. now i guess you can probably add the wildfires in california. the economy cannot take off like it really has the potential to do unless it reduce the tax burden on the families, businesses, and workers of our country. we will be able to do that. i think we're getting tremendous receptivity from the people. i hope we get the same for congress. we are getting tremendous accolades for what we are doing having to deal with both reform and the tax cuts. it will be the largest tax cuts in the history of our country. we are one of the highest tax nations in the world, costing is millions of jobs and trillions of dollars. it's time to restore america's competitive match.
one point in gdp would be $3.5 trillion. one point, we go up from three to four. were going up higher. three ort from two to three to four. were talking about many millions of jobs. we also want to reduce excessive government spending. that's what we are working on at our cabinet meeting today. as we head into next year's budget season i have asked for various savings in all of the departments that are gathered around the table, which is everybody. work toy cabinet to fight for the spending cuts and make sure they happen. we want to make the departments
as lean and efficient as possible but also be departments with lots of heart. lots of heart. one things we are going to be looking at is welfare reform. that's becoming a big subject and people are taking advantage of the system and then other people are receiving what they really need to live. we think it's unfair to them. some people are really taking advantage of the system from that standpoint. we are going to be looking strongly therefore at welfare reform. it's going to be a big topic under this administration. it started already. we have a lot of recommendations that we are going to be making. -- the other thing we are doing that relates to people's lives is the prescription drug prices are out of control. the drug prices have gone through the roof. if you look at the same exact drugs from the same exact in the same exact
box and sold somewhere else, sometimes it's a fraction of what we pay this country. meaning, as usual, the world is taking advantage of the united states area they are setting prices in other countries and we are not. the drug companies are getting away with murder. we want to bring our prices down to what other countries are playing -- paying. we are subsidizing other countries. that's not going to happen anymore. this has been going on for years. our people are paying so much more. i don't mean to percent. i mean double, triple, quadruple. it's very unfair to the united states. i sent a letter to congress outlining my administration's top parties with immigration reform. this was a bottom-up effort dedicated by law enforcement took an oath who
to protect our nation. the justice department is doing a fantastic job on the border with regard to immigration. anyone has ever seen before from a justice department. thank you very much, jeff. it has really had an impact and a positive impact and now we are going to take it five steps further. our proposal closes dangerous loopholes that enable illegal , andration, asylum fraud these overstays. you're talking about numbers that nobody even knows they are so out of control. you look at what is going on in mexico, mexico was having a tough time right now in terms of crime. more than ever, we need the wall. we have drugs for a through on the southern border. they are literally pouring through. we have to have the wall. we are going to have the wall.
but if you look at what is happening on the other side of the border with tremendous crime and tremendous problems, we have a very good relationship with mexico but there are a lot of problems. we don't want the drugs. we don't want the drugs -- crime. we need the wall. any proposed immigration reform should end chain migration. one person comes in and brings everyone in their family in with them. we have to end chain migration which is critical for putting a system that puts american workers and american taxpayers first. nielsen forkiersten serving as secretary of homeland security. i urge the senate to quickly confirm this nominee. we have approximately half the number of nominees confirmed by the senate.
democrats have terrible policy, terrible, and they are very good at really obstruction. one thing they do well, their i don'ts no good, and think they're good politicians, they don't seem to be doing too well, acted be because of their bad policies, but they are great at obstruction. we have hopped the nominees that president obama at this time, it is very unfair. many cases conferring them with tremendous majorities. they are bringing them out purposely. they willualified but have to wait a long time because of total obstruction. with say the same thing our judicial nominees, our judges. we have some of the most qualified people. the wall street journal wrote a story the other day that these are the most qualified people ever and they are waiting for
ever in line. it shouldn't happen that way. it's not right. it's not fair. the actinghank secretary for leadership in responding to the storms that have struck our nation and our territories. we also issued a disaster declaration in california in response to the wildfires like we have never seen and we mourn the terrible loss of life we have fema. we have our military helping. it's very sad to watch how fast, how rapidly they move and how people are caught. all in their houses. we have a lot of people helping. government in california. made a lot of progress in the last couple of days. and whatbject to wins happens with nature. it's been a sad thing to watch.
pray for theo victims of the mass shooting in las vegas. we cannot erase the pain of .hose who lost we pledge to never leave their side. with the fbi and law enforcement, the department of justice. lot of people understand -- think they understand what has happened but these demented, sick individuals, the wires were crossed and his brain, extremely badly in his brain, and it is a sad events. event.d we witness tremendous heroism in people. we witness that strength and such heroism. when americans are unified, no disruptive force can come close to breaking us apart. we have a lot of work to do on behalf of our magnificent
country and our extraordinary citizens. a great trust has been placed upon each member of our cabinet. are thea cabinet that greatest group of people that have ever been assembled as a cabinet. i should agree with that. i think we have an extraordinary group of people around the stable. this is a tremendous amount of talent. i wouldn't say i was necessarily looking to be politically correct though i ended up being politically correct in every sense of the word. we have gotten really great people. all ofgoing to work with those things i just clarify and many more. we have the arend deal right now. it's being studied. a lot of people are green with what i did.
did.r agreeing with what i i am tired of being taken advantage of. it's been many decades. i'm tired of watching it. the arend deal is something i felt had to be done. it might be positive and it might be very negative. it might be a total termination. some would say that's a greater possibility. but it could turn out to be very positive. we will see what happens. i thought the tone of the iranian leaders was modified and i am happy to see that but i don't know if that means anything. great negotiators. they negotiated a great deal for themselves but a horrible deal for the united states. health care, as you know, is moving along. i knocked out csr's. that was a subsidy to the insurance companies.
that was a gift. take a look at their stocks. take a look at where their stocks were when obamacare approved and you will see numbers if you invested in those stocks, you will be extremely happy. given them a total gift. they have given them, you could almost call it a payoff. it's a disgrace. that money goes to the insurance companies. we want to take care of poor people. we want to take care of people that need help with health care. that's what i'm there to do. i am never going to get campaign can traditions from the insurance companies but if you take a look at the democrats, take a look at how much money has been spent by the democrats and the health companies and by politicians generally but take a look at the coffers of the democrats. csr payments have actually brought republicans and
democrats together. we got emergency calls from the democrats. probably, the republicans were also calling them. short-term up with a fix of health care in his company -- country. the gravy train ended the day i knocked out the insurance companies money which was last week. hundreds of millions of dollars a month handed to the insurance companies for very little reason, believe me. i want the money to go to the people. i want the money to go to for people that need it. i want the money to go to people who need proper health care. not to insurance companies, which is where it is going. last week i ended that. we have a lot of interesting things to do. i am meeting with mitch mcconnell in a little while for lunch. i think we will say a few words on the steps for that. is it.much that
enjoy yourselves. i will see you out there with mitch mcconnell. did steve bannon declare war on mitch mcconnell and the republican establishment? steve is a friend of mine and he's committed to getting things done. i have great relationships with many centers but in particular with most republican senator's. but we are not getting the job done. i am not going to blame myself. i am going to be honest. they are not getting the job done. we had health care approved and then had a surprise vote by john mccain. we had other things happen. they are not getting the job done. i can understand where steve bannon is coming from. i can understand where a lot of people are coming from. i'm not happy about it. a lot of people aren't happy about it. we need tax cuts. we need health care. we are going to get the health care done. in my opinion, what's happening
is republicans are meeting with democrats because of what i did with the csr's. as i cut off the gravy train. if i didn't cap the csr's they would be meeting. they are right now having emergency meetings to get a short-term fix of health care. where premiums don't have to double and triple every year. obamacare is finished. instead. it's gone. you shouldn't even mentioned. there is no such thing as obamacare anymore. i said this years ago. it's a concept that shouldn't have worked. we are working on some sort of a short-term fix prior to the republicans getting together, maybe with some democrats. they are structured us. to fix health care. i think we'll have a short-term fix with republicans and democrats getting together and after that we are to have a successful vote because, as you know, we were one vote short and
i think we have the votes right now. whether it is through block grant or something else. block granting the money back to the states. it does seem to make sense. it's a smaller form of government that can be more individually sensitive. that will happen fairly shortly. as soon as we have the next reconciliation, i think will get the vote for health care. sadly, the democrats can join us on that, which will be the long-term fixed. i do believe you i have a short-term fix because i think the democrats of the blame for the mess. this is an obamacare mess. go up that hasms nothing to do with anything other than the fact that we had poor health care delivered poorly, written poorly, approved by the democrats. it was called obamacare. i think we will have a short-term this and that a long-term fix and that will take place in march or april. a solid vote.
it will probably be a hundred percent republican, no democrats. it will be a very good form of health insurance. i will see you in a little while. [indiscernible] >> i know how he feels. there are some republicans that should be ashamed of themselves. but most of them, i know the republican senators. most of them are really great people. they want to work hard and do a great thing for the american public. but you had a few people really disappointed. they really disappointed us. i can understand how steve bannon feels. they can request. -- thank you very much.
tuesday, president trump highlights his tax reform policy at the heritage foundation's annual residents that meeting. coverage at 730 the emmys euroseas. up tuesday, a look at the security of consumer data at the nation's credit bureaus. the senate banking committee is holding a series of hearings following the equifax data breach is affected more than 145 million consumers. starts at 10 a.m. eastern tomorrow. president trump and senate majority leader mitch spoke from the white house rose garden talking about tax reform and health care legislation. the president said he will look into a recent report about his