El Portal Mexican Restaurant
Phoenix, Arizona
(March 19, 2024)
4:49 P.M. MST
THE PRESIDENT: Properly, of us, I’ve to let you know straight up: I like y’all, however I couldn’t resist that little child. (Laughter.)
Properly, to start with, I wish to thanks all and thank Luis for that introduction. When — whenever you’re president and so they say, “Joe Biden is out within the ready room,” promise me you received’t say, “Joe who?” (Laughter.) (Inaudible.)
People, look, you realize, once I get criticism some locations for having such a robust curiosity in Latino voters and Latino People and folks right here within the nation, I level out to them — I say, “Are you able to think about when you may have 28 p.c of all the scholars in public faculty are Latino, and — nationwide — anyone who doesn’t listen is admittedly silly.” (Laughter.)
No, I’m critical. Give it some thought. Take into consideration what this implies. Take into consideration the long run. There’s such monumental alternatives.
You realize, and I made a historic funding — a $15 billion funding in — in Hispanic-serving establishments, together with Arizona State now. (Applause.)
However I ought to have began off by thanking Mary and Earl. Thanks very, very a lot. (Applause.) Thanks for very a lot for internet hosting us. Small companies like yours all throughout America are the glue that holds communities collectively, and we wish to thanks for that. I actually imply it. (Applause.) Thanks.
Look, and I wish to thank my marketing campaign supervisor you heard converse first. She is a — it’s just a little bit in her blood. Cesar Chavez is her grandfather. (Applause.) And he’s the man that bought me .
When he got here to Delaware once I was operating in 19- — I received’t even let you know when — (laughter) — 1871. (Laughter.) He got here to Delaware within the Seventies to assist cope with the farmworkers. And we had — we now have — Delaware has a big business in agriculture. That entire factor known as the Delmarva Peninsula — Delaware, Maryland, and Virginia — it’s a $4 billion business, primarily in agriculture however notably in chickens.
And he was organizing. And I — I bought — I bought concerned with him and in making an attempt to make some — some headway. And in southern Delaware, they discuss at you want this, you realize what I imply? (Pronounced in an accent). (Laughter.) And it was top-of-the-line issues I ever did in my life, as a result of I realized an entire heck of quite a bit that I didn’t know.
You realize, and one of many issues is that — somebody who did a lot to enhance the lives of — of Latinos all throughout Arizona and all throughout the nation, and it’s in her blood. It’s in her blood deeply. I’m positive it’s in plenty of you as properly.
I’m excited to be down the road from our new marketing campaign headquarters. I don’t suppose we may match anyone in — all people in at this second. But it surely’s within the coronary heart of the neighborhood. And we now have seven extra workplaces which can be — seven workplaces are opening right here and at — by the top of the month.
Second factor. You realize, final time, you’re the rationale why, largely, I beat Donald Trump. Let’s beat him once more. (Applause.)
Properly, you realize, we — I want you. I want you badly. I want the assistance. Kamala and I desperately want your assist, as a result of, look, there’s solely about six or seven states which can be going to find out the result of this election. They’re toss-up states, and that is one in every of them.
And I made positive that, by the way in which, once I bought elected that my — I informed you my marketing campaign would appear like America, my administration would appear like America. Now we have — and I’ve adopted by way of on that.
For instance, Secretary Becerra is reducing prescription drug prices. He’s heading up one entire company. Secretary Cardona is easing pupil debt, amongst different issues. And — and Administrator Guzman is investing in small enterprise.
Look, I wish to remind of us, as a result of we turned out in 2020, we achieved the bottom unemployment fee for Latinos in a protracted, very long time. We lower Hispanic youngster poverty to file lows. We lowered the healthcare prices. We made historic investments in Latino small companies. And we addressed gun violence within the communities.
And we’re excited now that ASU is becoming a member of the ranks of different historic [Hispanic]-serving establishments, as a result of they will get a part of that $15 billion now. (Laughter and applause.)
Look, one of many the reason why I’ve spent a lot effort and time in coping with Latino small — Latino universities and Black universities is that they haven’t had the endowments these different universities had. So, the roles of the long run — the high-tech jobs — they don’t have the laboratories. They don’t have the flexibility to tra- — they — each pupil is as competent as anyone going to Harvard or Yale or Stanford or wherever else. However they don’t have the — they don’t have the means to coach. And so, that’s the place the cash goes, primarily.
It’s going not solely to get them at school, however to have the ability to put collectively the laboratories to coach them to be the engineers, the technicians, the people who find themselves going — who’re going to steer the know-how of the long run.
And look, of us, the actual fact is that — I — I shouldn’t in all probability get began on it, however — (laughter) — as a result of I promised I’d be temporary as a result of I wish to say good day to each one in every of you, however — (laughter).
Look, this — this election is — just isn’t a referendum on me. It’s — it’s an election between me and a man named Trump. And — and this can be a man who — whose — the way in which he talks concerning the Latino neighborhood is — properly, in 2016, he known as Latinos “legal, drug sellers, and rapists” when he got here down that escalator. Now he says immigrants are “poisoning the blood of our nation.”
What the hell was he speaking about? No, I’m critical. Suppose — give it some thought. We’re — we’re — in actual fact, the rationale we’re pretty much as good as we’re is as a result of we’re probably the most numerous nation on this planet. Significantly, probably the most — (applause).
And look, you realize, that’s not all. He needs to eliminate all of the applications we put collectively — from healthcare, to training, to small-business assist. And Social Safety, he needs to chop. He mentioned, “No, I don’t wish to lower it.” He simply mentioned, “However there’s quite a bit you are able to do to trim and lower.”
Properly, let me let you know one thing. People, he solely cares about — he solely cares concerning the rich. This — I really like this quote from him. At Mar-a-Lago, Trump informed his buddies, and I quote, “I do know loads of you, and also you’re wealthy as hell, and we’re going to provide you extra tax cuts.” That was just lately, okay?
Properly, that’s — that’s the very last thing I’m going to do, I wish to let you know.
Chances are you’ll bear in mind after we began off this marketing campaign in 2020, there have been 55 main firms that made $40 billion and didn’t pay a single penny in taxes. And I used to be in a position to get a 15 p.c minimal tax on them and paid for each single factor we did and nonetheless lower the price range a trillion {dollars}.
And so, of us, look, let me — let me — (applause).
I don’t wish to get going, giving an entire speech, as a result of I wish to meet you. (Laughter.)
Let me simply let you know one factor. The actual fact of the matter is I come from a family that’s like possibly plenty of yours. We weren’t poor, however we have been, I assume, technically h- — from a — from a monetary standpoint, lower-middle class.
When coal died in Scranton, the place I used to be born, we moved right down to Claymont, Delaware, just a little metal city. And we lived in what later grew to become sponsored housing. It wasn’t on the time. It was an condominium complicated.
And my dad stored making an attempt to determine how we are able to personal a house. Since you personal a house, you may construct some fairness in a house. While you construct fairness, you may then save and do — transfer on from there.
And we lived in a three-bedroom split-level dwelling in a growth, they known as it — 45 houses constructed — the identical precise form of houses. And there have been th- — 4 children and a grandpop dwelling with us in that dwelling. We by no means thought we have been — we have been poor. We by no means thought we have been left behind. However we had to determine the right way to get scholarships to go to high school. We had to determine the right way to pay to get — my dad busted his neck to verify we had no matter we wanted and will have no matter we wanted.
However the finish results of it was that it was — we used to have a factor known as trickle-down economics, the place if the rich did very properly, it trickled down, all people did effective. Properly, I noticed nothing ever trickled right down to my dad’s kitchen desk.
And so, once I bought elected, I made a decision I used to be going to construct the nation from the center out and the underside up, not the highest down. That method all people does properly. The rich nonetheless can do properly. They don’t pay their taxes very a lot, however they do properly. I’m critical. And the center class does properly and the poor have a method up.
And so, that’s why we’ve been in a position to create all these jobs nationwide. That’s why we’ve been in a position to develop the financial system as we now have. And that’s simply beginning to kick in.
And, of us, look, you realize, I’ll finish by saying this. The tax system now just isn’t truthful. Trump needs one other $2 trillion tax lower to be — that’s what he says he needs — the very first thing he needs to do when he will get elected.
Properly, his administration brought on the largest deficit in American historical past in a four-year interval — the largest in American historical past. And we’ve lower deficit by over — by the point it’s out, over $2 trillion we’ve lower the deficit.
However right here’s what he needs to do. He needs to make it possible for the largest firms proceed to learn.
Properly, look, in the USA as we speak — and I’ll finish with this — there are 1,000 billionaires. I’m a capitalist. If you may make a billion {dollars}, great. If you may make one million {dollars}, great. However I let you know what: You should pay your justifiable share. (Applause.)
You realize what — you realize what the common — what the tax a billionaire pays — these 100 [1,000] billionaires? 8.3 p.c federal tax. Each one in every of you right here would commerce for that, wouldn’t you?
Properly, let me let you know one thing. I’m going to verify it will get raised to a minimal of 25 p.c — (applause) — which continues to be considerably decrease than the highest fee.
However right here’s what that might do. If we raised that one factor — if we raised that 25 p.c tax, it could increase $500 billion over 10 years — $500 billion.
We’d be capable of have childcare once more for everyone at $300 per child. We’d be capable of make it possible for all people has an entry to an training. We’d be capable of have early training for households that don’t have the capability.
We’ve been ready — we’d give you the chance to take action rather more. We’d be capable of lower the deficit as properly.
So, of us, I’m optimistic. America has the capability to do virtually something. We simply have to recollect who the hell we’re. We’re the USA of America. (Applause.) There — no, no. And there may be — there may be nothing — there may be nothing past our capability.
We’re the one nation on this planet that has gone by way of that I — and as a — a researcher in historical past, the one factor — on- — I can — solely nation on this planet that w- — has gone by way of — each disaster we’ve ever gone by way of, we’ve come out stronger than we went in — solely case, solely nation.
Let’s bear in mind who we’re. We’re the USA of America. Nothing is past our capability after we work collectively. And with you all, we’re going to work collectively and alter the world right here. Not a joke. There’s a lot extra to say, however I’m going to cease now.
Thanks, thanks, thanks. (Applause.)
5:01 P.M. MST