the greatest generation. it s the america that s produced the most innovative, most productive and most powerful economy in the world. as i look around at the millions of americans without work, the graduates who can t get a job, the soldiers who return home to an unemployment line, it breaks my heart. this does not have to be. it s the result of failed leadership and a faulty vision. we will restore the promises of america only if we restore the principles and opportunity that made this greatest nation earth. [ applause ] today the hill before us is a little steep. we ve always been a nation of
mitt, mitt. we will stop the days of apologizing for success at home and never again apologize for america abroad. [ applause ] it was a time not so long ago when each of us could walk a little taller and stand a little straighter because we had a gift that no one else in the world shared. we were americans. that meant something different to each of us, but it meant something special to all of us. we knew it without question, and so did the world. those days are coming back. that s our destiny. [ applause ]
tonight is the start of a new campaign to unite every american who knows in their heart that we can do better. the last few years have been the best that barack obama can do. it s not the best america can do. tonight, is the beginning of the end of the disappointments of the obama years. [ applause ] it s the start of a new and better chapter that we will write together. there s already been a long campaign. many americans are just now beginning to focus on the choice before the country. in the days ahead, i ll look forward to spending time with many of you personally. i want to hear what s on your mind. hear about your concerns.
going to affect cops, first responders, teachers all at the local level. 37%, grab that number, folks, 37% of the tax breaks benefit the wealthiest americans. those making more than $1 million a year. this sounds pretty familiar. ryan wants to give another boost to the top 1% to those that have seen their income skyrocket over the last three decades while wages have been flat for the blue liners, the middle class. let s turn to ezra. the wealthy get most of the tax breaks but 62% of the budget cuts come from low income americans. is that correct? you ve broken it down fairly well. here is what it does. it spends trillions of dollars on tax cuts, on defense spending and deficit reduction and it
from the poor. medicaid takes a larger cut. medicaid and other programs take a cut that s twice the level of the cut that s to medicare. no doubt the wealthiest americans get more money back, correct? they have to pay in less. the millionaires get a tax cut of about $265,000. thanks for joining us tonight. thank you. up next, is it really all over for rick santorum after tonight? we ll have richard wolf. a pair of violent tornadoes barrel through dallas this afternoon. we ll have the latest update for you.