Part 3/6:
A central theme of the speech was the administration's economic record, especially concerning regulation and taxation. The speaker claims that the government has slashed $1 trillion in costly regulations that purportedly harm American businesses and jobs. This deregulation is said to have saved average families around $2,100 per year, particularly benefiting those with a family of four.
In contrast, the previous Biden administration's policies are criticized for increasing regulation costs, which the speaker claims have "gone up $6,000" for a typical family. These conflicting figures underscore the administration's narrative that its policies promote economic growth and relief for ordinary Americans.