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tv   President Biden Discusses Priorities the 2025 Budget Request  CSPAN  March 11, 2024 11:19pm-11:43pm EDT

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we are funded by these televisiong cox. >> this syndrome is extremely rare. but friends don't have to be. when you are connected, you are not alone. >> cox supports c-span as a publ service, along with these other television providers, giving you a front row seat to democracy. president biden previewed his 2025 budget requests during his speech in goffstown, new hampshire.■0 ble prescription drugs, protecting social security and strengthening medicare.
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have imposed on my family. including on my dad, who is joining me here today. [applause] last year alone at my family spent almost $3000, out-of-pocket, for my life-sustaining medication. the only medication that treats disease carries an annual list price upwards of $300,000. ■ángs enormous relief, but it's costs cast a shadow over my life. as a young adult about to graduate from college, i should be focused on my next steps, finding a job, applying to law school and weathering my dad's embarrassing stories at graduation. one day i hope to be an attorney
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who fights for good governance practices effective public administration. i want to spend my time planning for that future. instead, ability to afford my health care and live an independent life. but amidst these challenges, president biden has offered a glimmer of hope. the president said he would take on big pharma and beat them, and he did it. is inflation reduction act lowered prescription drug prices for seniors. it is a big deal. now, he'sig to cap out-of-pocket drug cost at $2000 for all americans. for people like our family. for people like me. president biden believes health care is a right, not a privilege. [applause]
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that's why it is my great honor to introduce the man who leads the fight to put patients above profit. the president of the united states, joe biden. [applause] ♪ pres. biden: hello, hello, hello. [cheers and applause] pres. biden: good to see you all. good to see you all. thank you. [applause] pres. biden: by the way, bowdoin college, good college, i've spoken there. thanks rose, thanks for the
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introduction. please have a seat. n[■i said that once early in my career and they said, we have no seeds, you are standing. anyway, thanks for the odon and for your courage. 22 years old, born with cystic fibrosis, a tough chronic disease that's made eve tougher , and she's not exaggerated by the high cost of medicines, in particular, certain drugs that are in need. i am thinking about millions of americans out there who are lying in bed at night staring at the ceiling wondering what if it happens to me, how will i pay for it. mothers andhe wondering if their children come down with a chronic disease. how will they deal with it? what are you going to have to doac, i's can you afford the mel bills? as i said in my state of the
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union, i'm doing everything i can to lower health care costs to provide people with peace of mind. at the expense of doctors or 0medicines or drug companies, bt just to make it fair. we are so lucky to have a great congressionalincluding two of tt senators in the united states senate i have ever seen. maggie hassan, stand up, maggie. ■rnojean-claude and make it tody but she's a dear friend and a great ally. she sent somebody that i woul ie in a fight. i'm here in new hampshire to talk about the budget i released
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today that would help in a ust heard, -- as you just heard rose, many americans pay for prescription drugs, orih me, going to toronto, berlin, london, rome, anyplace in the world with the same prescription you might have for whatever you may need, no matter what it is. company you could get it and although cities and the cost will be 40%, 60% less. that's, that's not hyperbole. that's wrong. i have been trying and trying for years in the u.s. senate to end it, and i'm ending it now. through the inflation reduction act the law not one republican voted for it. we finally beat big pharma. capped jug costs for senior
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tizens en drugs, maximum. i got it passed already, we got a pass. year, at the end of this term, what's going to happen is the cause for all prescription drugs for seniors, including cancer drugs, we will not have to pay more than $2000 aworking with maggie i want to cap it for everyone, not just seniors. it could be transformation, but that's not all. instead of paying as much is 400 bucks a month for seniors with diabetes, you now only have to pay 35 bucks a month. you know why we dideverybody kno needs insulin or diabetes. you know how much it cost to
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makeii that, $10, tem, $10. and the guy who came up with it didn't have a patent because he wanted to make sure everybody had access. you add everything including the cost of packaging it, is 13 bucks. you're still making three times more tththey're not getting che. they will pay what other people pay around the world. now with the leadership in and the entire delegation, i want to cap the cost of insulin at 35 bucks for every american. every american. [a pres. biden: i first got a pass that included all americans and we got it reauthorized. the other team wouldn't do it. it's only for seniors. for we finally got it done and gave medicare the power to negotiate lower drug prescription costs.
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just like the v.a. has been able to do for veterans f ag time. it's not just saving seniors money, it's saving every taxpayer money. it's cutting the federal deficit. cut it by 106 $2 billion. that's $160 billion medicare does not have to paypay a ratios drug. g lower prices for some of the charges of the market. treating everything from heart disease to arthritis. that's in theaw we've already passed. now it's time to give medicare the power to renegotiate even more drugs over the next decade. if we are able tdo that, we will not only save lives, we will save taxpayers an estimated 200 billion dollars. two hundred billion dollars taxpayers will not have toor exorbitant prices [applause] . -- prices.
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[applause] we have already cut the federal deficit by $1 trillion, signed a bipartisan budget deal to cut next decade, if they stick with the deal. now it's my goal to cut the federal got some more by thanking paid corporations and the ve wealthy begin to pay their fair share. i represent the state of delaware. more corporations in delaware than every other state in america combined. but guess what, i'm a want, just begin to pay your fair share of taxes. you have to remember the big fight i had not long ago cutting it by 7 billion in the first year. that was because we found out that we wanted to make sure there were 50 corporations that
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made $40 billion8y i didn't pay penny in taxes. i convinced us all to raise it to 15%.■ isn't that awful, and it paid for everything that we've done so far. just look at the deficit. a fair tax ce is how we invest in things that make this country great, health care, education, defense, research, development. re's the deal, the last administration enacted to trillion dollar tax code. to trillion dollar tax cut that benefits the wealthy on the top 1%. the biggest corporations exploded the federal government. they added more to the debt than any term in american hisyou turk he's telling the truth. do the tax code is fair, raise your hand. and the soe there. i get in trouble with the press
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and i think they wouldn'do you y and pay corporation needed to trillion dollar tax break, because he wants to do that. another $2 trillion tax code. i will keep fighting like hell to make it fair. under my plan, as i said, r prey who earns less than $400,000 -- that's a lot more than i ever will pay an additional penny and federal taxes, not a single cent. nobody will pay single anymore. folks, it's about fundamental fairness. here's another example. obamacare became known as the affordable care act. by the way, still a very big deal. [applause] over 100 million americans can no longer be denied health insurance because of a pre-existing condition. but my predecr that
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protection away for repealing the affordable care act. i won't let it happen. we stop them literally 50 times. 50, 50 times in the last administration and we will stop them again. [applause] we all miss someone who cast a vote to mccain passed away. my predecessor and friend, that's how he ended his career, tcouldn't cut it. john loved new hampshire and it still drives my predecessor crazy. but that's john. '2my mother would say, god love him. lks, i am protecting and expanding the affordable care act. record-breaking 21 million americans have signed up for health care under the aca.
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including 65,000 folks great here in new hampshire. i enacted tax credits to save an average $800 per person per year rengmiums for millions of working families and the affordable care act. but those tax credits expire next year. i'm calling on congress to expand the affordable ca act tax credits and making them permanent. make them permanent. many of my republican friends want to push social security and medicare back on the chopping block. ifny shies to raise a return major again, i will stop them. working peopleuilt thicountry an social security than millionaires and billionaires do. it's not fair. we have two ways to go with social security and medicare. republicans will cut social security and medicare to give us more tax cuts than the wealthy. even this morning donald trump
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to social security and medicare on the table again. he changed his position and said, there's a lot you can do in terms of cut. tremendous amount of this yothel at it. i am never going toto happen. i won't cut social security, i will cut medicare. instead of giving tax breaks to the the strength of social security a meadow where -- medicare and let them pay the fair share. my budget plan would preserve the medicaid trust fund. i am also cracking down surprise medicaid bills. here's the bill, you go out there and you do your homework. you choose the hospital and you
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do what your insurance company will cover. then you get the bill there's a surprised judge because they -- because the anesthesiologist or control in your insurance. that surprised bill can add up to thousands of dollars. thousands. thanks to maggie, we ended that surprise bill and we are now protecting one million americans. [applause] every single month, from those surprise bills. folks, look. my budget also cracks down on what's called facility fees for telemedicine. you get charged an extra fee if rural area and have a virtual visit for neither you or the doctor is in the facility. that's another fee, please surprise medical bills at up to hundreds of dollars for ordinary families and it makes a differen generate $20 billion in
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profit. that's what it does. let me close with this. four years ago■, this week, before i came to office, our country was hit with the worst pandemic and economic crisis in a century. mefear, record job losses, ragig virus that would take more than one million american lis and everyone behind it left behind significant people. mother, brother, brother, sister an■]■bd uncle. the amount of health crisis that resulted. my predecessor failed the most basic of any duta president owes the american people. a duty to care. i believe that's unforgivable. i came to office to uphold the duty, care and get us through one of the toughest times in our nations history. we have, building a future of american possibilities.
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bottom up, not just the top down. when the middle grows, the bottom have a chance, and the wealthy still do very well. investing in all america, in all americans to make sure everyone has a fair shot. we leave nobody behind, nobody. our plan is working in america is coming back. four years later the pandemic no longer controls our lives. the vaccines that saved us from covid are being used to help deep cancer. it set back a comeback, that's the american story. i believe in moving into a future where health care is a right in america, not a privilege. [applause] that's why never been more optimistic about our future. we just have to remember who we are. he united states of america. there is nothing beyond our capacity when we do it together. nothg, seriously, not a joke.
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we are the only country that has ever come out of every crisis stronger than when we went in. folks, give you one little exam period. i may not get it done, but if you give me a congress, i will. i'm serious. i may not get it done, but here's the deal. we have a thousand billionaires in america. that'you know what the average x rate is? 8.2% taxes. does anyboani'm serious. if we just 25%, not the highest rate, 25%, do you know how much that will raise over the next 10 years? $400 billion. imagine what we could do, from cutting the deficit dividing
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health care, to continue to provide our military with all they need. this is not beyond our capacity. we listen. we have to tell people what we want to do and hope that they figure it out, that's what's going on with the last guy. if he gets elected, he's publicly stated he would try to repeal every single thing we've done so far. 15 million new jobs, 100,000 manufacturing jobs. it would go on and on. but people still need help. they still neehe folks sitting e kitchen's table still need help on day things. we will work on those as well. i am taking too much of your time. you are very gracious. thank you all very much for being here. as my mother would say, god bless y'all. thank you. god protect our troops. ♪ [applause] ♪\
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■xe[captions copyright national cable satellite corp. 2024] [captioning performed by the national captioning institute, whh responsible for its caption content and accuracy. visit ncic.o] >>me wl be stepping down from her position on march 22. in the statementosdexpressed grs president ben for the opportunity to serve, saying think the president of the united states has confidence and trust in me to lead hud in aligenwith the biden/harris administrations ioty. president biden released a statement in response to the ws that reads in part, on day one marsha got to work
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rebuilding the darent of housing and urban development. over t pt three years she has been a strong voice for expanding to build generational wealth through homeownership and lowering costs and promoting fairness for america's renters. the secretary was the second black woman to le t housing and urban development departnt leslative business at noon. members consider a bill that requir feral agencies to report to congress on whether occupancy and u lay suit -- utilization rates are affected by work seizure they will vote on a resolution id administration's immigration policy. on c-span two, the sene back at san: 30 am to consider u.s. court nominations for virginia, illinois and rhode island. on c-span3, the justice dertment's former special counsel testifies use judiciary committee on his investigatioin classified
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documents that president biden had in his possession before th 2020 election. then aeron, state and local electionffials share how they plan tadminister the 2024 electn,nd what they are doing to protect election workers from potential threats. that starts at 3:00 p.m. eastern. you can watch our live coverage on the free c-span now video app or online at c-span.org. >> c-span is your unfiltered view of government, we are funded by these television companies and more, including charter communications. >> charters proud to be internet providers, and we are just getting started, building 100,000 miles of new infrastructure to reach those who ed charter commucations supports c-span as a public service, along with these other television providers, giving you a front row s

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