production to keep gas prices down, in fact, instead, ease their record profits to buyback on staff, rewarding ceos and shareholders. corporations ought to do the right thing. that is why i proposed we quadrupled tax on corporate stock buybacks and encourage long term investments. [applause] we will still my considerable profit. . let s finish the job and close a loophole that allows very wealthy to avoid paying the taxes, instead of cutting the number i just signed 114 billion dollars by cracking down on wealthy tax cheats. that is being fiscally responsible. in the last two years, my administration has got the deficit by more than 1.7 trillion dollars. it s the largest deficit
martha: we also republicans have already called for three things that will increase the deficit. get rid of the irs investigations on well off corporations and individuals, that is 114 billion. they will increase medicare spending by 159 billion martha: the questions i asked you, which is why doesn t the president talk about fiscal responsibility he did talk about fiscal responsibly martha: he cut spending in order to get the debt limit. we are not little sheet and on the debt limit, as democrats did not do with president trump. they agreed, we all should agree, you don t hide your budget priorities to a threat, to salvage the economy martha: spending i didn t say that. i said we are not doing a negotiation tied to the debt limit. they have an obligation to raise that. we are willing to talk with them about fiscal policy and what we can do, and i think when the president puts out his plan, you will see 2 trillion in deficit reduction over the next
0 calm, steady place to work. it has been. what i would say is remarkable about it is that nobody left during the first two years, and that nobody has left since republicans took control of the house. many of them know that they will be the subject of an impeachment inquiry from the house. they are still there. secretary mayorkas, probably the first target. he is walking into listen to the president speech tonight, and there s no indication that he s leaving. that s actually pretty remarkable, given what they know they re going to face. you see the secretary here, the aforementioned secretary mayorkas, 1000 people in that room. i have to say, i know this is wrong, but it does give me to see the average age of that room, and see precisely one mask. i realize we re in a different position, but these are a lot of very important, very powerful for the most part, very old people. there are 1000 of them in the room, and they re going to be in their screaming together for several hours,
0 you don t but the chief justice has often said that he doesn t really like to come to these things because they re political. but he s come to many of them. i think he has one he has come to every one. one of the records. something like 18. even during the covid year when almost nobody came, he was the only supreme court justice who came. we see there the secretary of transportation, pete buttigieg, secretary of energy. you re joining us, you re one of the preeminent biographers of joe biden. what is going through his mind in this very unique landscape with a new republican-led house and this newly-heightened challenge from china, not a new challenge, but newly-heightened? you know, there are moments for a political speech. we heard some of thoiz recently from him during the midterms and may, in fact, be hearing more of that kind if he does run for re-election. that s not what tonight is about. tonight is about being president of the united states. and i heard from one of
silenced. now, of course the other context of this is republicans say that they are kicking her off house foreign affairs because of anti-israel comments she made, many of which used anti-semitic tropes, some of which she apologized for and retracted. how do you see this? i think she s apologized for all of them and retracted. i think it s shameful. it is clear the republicans second agenda item after adding $114 billion to the national debt by repealing the irs expansion, is to although that didn t actually happen. true. but that was their first priority. that s their first vote. it hasn t happened. but that was their vote. second priority is let s go after ilhan omar. and it was very clearly about revenge for paul gosar and marjorie taylor greene. and part of what is so despicable about it is remember that paul gosar posted and was pushing content that was violent against alexandria ocasio cortez. she mentioned that today.