economic recovery plans, we recovered faster than proper jektd. record 6.7 million jobs created last year and most in the first year of any president in american history. the fastest economic growth in any year in nearly four decades. and looking ahead, i have a plan to reduce the deficit even more which will help reduce inflationary pressures and lower everyone s costs for families. look, it is a plan that lets medicare negotiate prices for prescription drugs as they do with the department of veterans affairs. we can cap the price of insulin at $35 instead of the hundreds of dollars or a thousand a month for some families. my plan provides tax credits to utility companies to generate clean energy. those companies are required to pass those savings on to families. i met with about a dozen of those utility ceos in the white house and they confirm this plan will lower energy bills
billionaires will pay nothing more, the working class folks will pay a hell of a lot more. it goes further than that. this extreme republican agenda calls for congress i m not making this up, either. you have to think about this. requires a vote if it were to pass every five years congress would have to vote to reinstate or eliminate social security, medicare, and medicaid. social security is something seniors have paid in for their whole life. and it has to be reauthorized? has to be reauthorized every five years? look, again, it s hard to make this up but then again it is a maga agenda. you know, meanwhile millionaires and billionaires and corporations skate by. imagine that. just imagine that. i think it is truly outrageous. i have offered a different plan.
days republican party is offering and if they hadn t put this in print you would think i was making it up. senator rick scott of florida, united states senator, who is leading the republican national senatorial campaign committee, released what he calls the ultramaga agenda. it is a maga agenda already. let me tell you about this ultramaga agenda. it is extreme as most maga things are. it will actually raise taxes on 75 million american families over 95% of whom make less than $100,000 a year. among the hardest hit working families, kids. imagine you are a family of four and don t make enough money to have federal taxes because you don t make enough money to pay them. you pay all your taxes but you are still making enough. and under this new plan, this tax plan the ultramaga agenda, while big corporations and
in classrooms with other children? is that legit under the way the decision is written? what are the next things that are going to be attacked? this maga crowd is the most extreme political organization that s existed in american history. in recent american history. mr. president how can you combat it? there is a lot there, all right? we ll get reaction from florida senator rick scott the head of the national republican senatorial committee. senator, good to have you with us today. thank you for joining us. it is quite timely you are here. you just got called out by the president of the united states for the plan that you have put forth. so i would like to play that and then we ll get your reaction and your response to president biden. here it is. president biden: senator
a plan rooted in american values of fairness and decency. wealthy folks and corporations will pay more. billionaires pay a minimum tax. most importantly people making less than $400,000 won t have to pay more taxes. we ll protect social security and medicare. let me remind you again, i reduced the federal deficit. all the talk about the deficit from my republican friends, i love it. i reduced it $350 billion in my first year in office. we re on track to reduce it by the end of september by another $1 trillion 500 billion dollars, the largest drop ever. i don t want to hear republicans talk about deficits and their ultramaga agenda. i want to hear about fairness and decency and helping ordinary people. the bottom line is for decades the trickle down economics has failed as income and equity