“President Trump’s address to Congress…”

President's trump address to congress

President Trump’s address to Congress

“America must put its citizens first, because only then can we truly make America great again.” The focus of President Trump is to make America better putting Americans first. His aim is bring back to life dying industries, whilst crumbling infrastructures will be replaced with new roads, bridges, tunnels, airports and railways whilst neglected inner cities will see a rebirth of hope, safety and opportunity. In his speech President Trump spoke about the efforts being taken to reduce regulation creating a deregulation task force inside every government agency and imposing a new rule that for every one new regulation, two old regulations must be eliminated.

In order to safeguard coal miners regulations shall be stopped. Construction of the Keystone and Dakota Access Pipelines have been cleared, with the aim of creating many jobs and a new directive has been issued whereby American steel is to be used for new American pipelines. His agenda is guided by two principles, “Buy American and hire American”.

The United States has also been withdrawn from the Trans-Pacific Partnership which in his opinion had a negative impact on jobs. With the help of Justin Trudeau, a council has been formed to help women entrepreneurs have access to networks, markets and capital in order to help them start businesses.

In order to proctect citizens, a task force has been created under the remit of the Department of Justice in order to reduce violent crime. Efforts will be directed for stopping drugs from pouring in the country and to expand the treatment to those who have become severe addicts.

The pleas of the American people for immigration enforcement and border security are being addressed. The aim is to enforce immigration laws, raise wages, help the unemployed and make the communities safer for everyone. President’s Trump aim is to restore integrity and the rule of law at America’s borders. With this in mind, construction of a wall along the southern border shall soon commence.

According to Trump American companies are taxed at the highest rates when compared to the rest of the world and in this regard, his economic team is developing a historic tax reform that will reduce the tax rate on companies so that they could compete and thrive. Moreover, massive tax relief for the middle class shall be provided. He also stated that exports outside America are subject to high tariffs and tax but imports in the US are charged nothing. President Trump believes in free trade but he is also a great believer in fair trade.

In protecting the workers in the US, President Trump’s aim is to reform the system of legal immigration with the basic principle that who wants to enter a country will have to support themselves financially. The current system in America is causing US tax payers billions a year.

Countries around the world like Canada, Australia and others have a merit-based immigration system. Switching from the current lower-skilled immigration system to adopt a merit based system has more benefits, financially, and will have an impact on wages and would help struggling families including immigrant families enter the middle class. According to President Trump, “real and positive immigration reform is possible, as long as we focus on the following goals, to improve jobs and wages for Americans, to strengthen the nation’s security and to restore respect for our laws.”

Another plan is the replacement of Obamacare whose premiums have increased by double and triple digits and which is collapsing. There should be other reforms that would increase the choice, access, lower costs and provide better health care. Moreover, Americans with pre-existing conditions should have access to coverage and the transition from the existing system should be a stable and smooth one. Americans should be helped to purchase their own coverage through the use of tax credits and expanded health savings accounts. Legal forms should be implemented that will protect patients and doctors from unnecessary costs that will drive up the price of insurance and efforts should be directed towards putting down the price of drugs. Moreover, Americans should have the choice to choose the plan they want and not a plan imposed on them by the government.

The Trump’s administration aim to make childcare accessible and affordable for parents. He also called on members of both parties to pass an education bill that will fund school choice for disadvantaged youth, including millions of African-American and Latino children.

At the end of his speech, the President asked all citizens to embrace the renewal of the American spirit and asked all members of Congress to dream big, asked everyone to believe in their future and to believe once more in America.

Antonella Mercieca

Client Relationship Manager

Source:

Bloomberg

Date:

March 3rd, 2017


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