Welcome to hannity. Tonight it is no secret that 1 candidate vice president kamala harris is planning to raise taxes on all of you but moments ago donald trump unveiled a new plan to cut taxes for the hardest working americans who don t clock out at 5:00. Pretty amazing. I haven t worked made our day and most of my life. Take a look. I m also announcing that is part of our additional tax cuts we will end all taxes on overtime. You know what that means? will have much more president trump s economic vision coming up tonight. But first we were only 54 days away from the 2024 election. Pennsylvania voting begins in a mere 5 days. Alabama the first ballots are officially in the mail. More than a dozen states including swing states like wisconsin are scheduled to send out ballots later this month. We are in the home stretch of a race that will impact the course of our country for decades to come. It s an inflection point for this country and is most of you know donald trump s and just facin
the tax cuts led to more than $1 trillion in stock buybacks, helping shareholders and corporations. the cuts were meant to put more money in the pockets of the middle class and kickstart the economy. but since the law was signed, deficits, which paul ryan is supposedly against, are soaring. the stock market is now falling and the bulk of the benefits have not trickled down to workers pockets. remember when speaker ryan tweeted, touting the story of a secretary in a public high school in pennsylvania? because of the cuts, her pay went up $1.50 a week. $1.50 a week. that adds up to $78 a year. ryan quickly removed that tweet after critics said he was appearing out of touch with reality. maybe washington does that to you. i want to bring you now former republican congressman charlie dent and allison stewart. paul ryan is out. do you think he wanted to speak
or not speaker ryan was, because trump became president. and the two men, along with senate majority leader mitch mcconnell, well, they got a big tax cut mostly for corporations. the tax cuts led to more than $1 trillion in stock buybacks, helping shareholders and corporations. the cuts were meant to put more money in the pockets of the middle class and kickstart the economy. but since the law was signed, deficits, which paul ryan is supposedly against, are soaring. the stock market is now falling and the bulk of the benefits have not trickled down to workers pockets. remember when speaker ryan tweeted, touting the story of a secretary in a public high school in pennsylvania? because of the cuts, her pay went up $1.50 a week. $1.50 a week. that adds up to $78 a year. ryan quickly removed that tweet
kansass and their governor wkans kansasians, and the tax cuts led to state revenues plunging to 45% falling $92 million short of projections. this month, the kansas supreme court ruled the state s megger public education funding was unconstitutional and ordered the state to restore those funding cuts. and when it comes to public health, brownback s opposition has gone beyond the usual public refusal to expand medicaid to 78,000 of his state residents. last month, he signed a law ensuring that win or lose this november, any decisions relating to medicaid will be put in the hands of the solidly republican kansas legislature. which is the focus of tonight s all in america series. head over to kansas, the and whether of eisenhower republicans and bob dole pragmatists. not only is republican governor sam bro sam brownback, he signed a bill to prevent any future governor
democratic presidents just happened to start the clock at the right moment. that s what makes me a little bit nervous about those numbers. what i think is undeniable here is that there are basic fundamental economic policy measures they have taken that have contributed in important ways to both good economies and balanced budgets. and in particular, the tax side of it that clinton was bringing forward there. we have seen and this is undeniable. larger deficits in recent years from republican policies particularly due to the bush tax cuts but also the reagan tax cuts led to large structural deficits. you ve seen efforts to get away from that under democratic presidents. and even barack obama, due to the financial crisis, made a point of paying for his health care bill and proposing higher taxes on the rich in order to close the deficit. so that part of it can be attributed to democratic policies. so when president clinton said that republican economic policies quadrupled the debt befo