Part 6/12:
Turning to economic policies under President Trump, the speaker emphasizes significant progress made in addressing the cost-of-living crises caused by prior inflation and economic mismanagement. The Trump administration's initiatives include:
Tax Cuts: The largest middle-class tax cuts in American history, including exemptions on tips, overtime, and Social Security, ensuring Americans have more disposable income.
Energy Policy: Unleashing American energy resources to achieve energy independence, leading to gasoline prices at a five-year low and lowering overall energy costs.
Healthcare and Drug Prices: Work to reduce pharmaceutical and healthcare costs through negotiation and reform.