Federal Reserve:
Economy:
UAW strike:
The former Vice President believes that the current UAW strike against the Big 3 automakers – Ford (F), General Motors (GM), and Stellantis (STLA) – can be attributed to 'Bidenomics.' Regarding the current policies of the Biden administration, Pence said, "The green new deal buried in that so-called 'Inflation Reduction Act' is waging war on people that manufacture combustion engine automobiles. Let's get beyond this ... electric vehicle mandate and subsidies, and let's bring policies that will really get wages rising in the country."
Border wall:
Government shutdown:
Regarding the potential government shutdown, Pence encourages "Speaker (of the House Kevin) McCarthy to continue to drive and drive hard for one more down payment on fiscal responsibility." Pence added, "I believe the majority of Republic voters, the majority of independents, and many Democrats look at that common sense conservative agenda that's defined our party over the last 50 years, and they know that's the pathway forward for America."
Video highlights:
00:00:03 - Mike Pence on the Fed
00:00:32 - Mike Pence on the economy
00:00:59 - Mike Pence on UAW strike
00:01:37 - Mike Pence on border wall
00:02:14 - Mike Pence on shutdown
Video Transcript
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MIKE PENCE: I would absolutely go in a different direction with the chairman of the Federal Reserve. The policies of quantitative easing back in the day and the policies that the Fed chairman has implemented have all been playing catch up, and we-- we need a fresh leadership at the Fed that's going to step forward and join us in an effort to really tackle the inflation that is waging war on American families. We ought to focus Federal Reserve on protecting the integrity of the. Dollar I'll do that if I'm president of the United States.
I'm confident that step one to getting this economy back on track is to make the Trump-Pence tax cuts permanent. The other is I think we need to take a hard run at getting to a 15% corporate tax rate in this country. I really do believe to put American businesses at an advantage for attracting capital and investment and creating jobs here in our country, we ought to drive down that corporate tax rate.
I think what's driving that UAW strike is not the standard arguments over class warfare and disparity between income and wages. I think it's that the fact is under Bidenomics wages are not keeping up with inflation and American auto workers know that, they're feeling it. And secondly and just as important, the Green New Deal buried in that so-called Inflation Reduction Act is waging war on people that manufacture combustion engine automobiles. Let's get beyond this Green New Deal electric vehicle mandate and subsidies, and let's bring policies that will really get wages rising in the country.
A nation without borders is not a nation, and Joe Biden on the first day of his administration signed a stack of executive orders ending construction of the wall. He began a steady assault on the Remain in Mexico policy that I negotiated with Mexican officials. The combinations of what we did ended illegal immigration and asylum abuse essentially by 90% before that pandemic struck, and so I think securing the southern border of the United States, ending this avalanche of more than five million people into our country is really job one.
Well, first, let me say about the government shutdown, House Republicans are the last line of defense for taxpayers in Washington DC, so I encourage the team there and Speaker McCarthy to continue to drive and drive hard for one more down payment on fiscal responsibility and putting our nation back on a path toward a balanced budget. But-- but really, at the end of the day, the-- I think this ultimately goes into the hands of the American people.
I believe the majority of Republican voters, a majority of independents, and many Democrats look at that-- that common sense conservative agenda that's defined our party over the last 50 years, and they know that's the pathway forward for America. And I'm confident that they'll choose that agenda one more time, and I'm going to work my heart out to earn the right to carry that agenda not just a victory in '24 but ultimately to victory, prosperity, and security for the American people in the years ahead.
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