 Then they decided to make them here in America as well. And today, CSWIN Factory in Colorado is the largest wind tower manufacturer in the entire world, in the entire world. It's over 870 employees. It's simple. As I've said for a long time, when I think climate, and I mean this sincerely, I think jobs, jobs, that's what climate's about. Not only saving lives and saving the environment, but jobs. But that's not the end of the story. I signed a historic law, the most significant investment combating existential threat of climate change ever anywhere in the world. It does many things, including providing incentives to make wind towers in America, and bonuses for clean energy projects that use those American-made wind towers to power American homes. And because of my investment in America agenda, CSWIN plans to invest an additional $200 million to expand the facility right here, another $200 million, doubling its production, and creating 850 more good jobs beyond what's going on. And because of the investment and incentive we wrote in the law, CSWIN recently announced its employees will receive an end-of-year bonuses as well. You can clap for that, man. It matters. Like I said, when I hear climate, I think jobs. Here in Colorado, the wind turbine manufacturing is investing $40 million to expand its factory and hire an additional 1,000 employees. Solar manufacturer, Meyer Burger, is building a new solar cell factory just down the road in Colorado Springs. They'll create more than 350 new jobs themselves. And all across America, instead of exporting jobs, companies both foreign and domestic are creating jobs here in America and exporting American-made products. That's what we used to do 40 years ago. Through my bipartisan infrastructure law, we're also making the most substantial investment in American infrastructure since President Eisenhower built the Interstate Highway System. We're investing in roads, bridges, ports, airports, clean water, affordable high-speed internet. Already, we've announced over 40,000 projects, 4,500 communities across the nation are benefitting. And from the new Amtrak tunnel in Baltimore to the Brent Spence Bridge in Kentucky to right here in Colorado, $5.6 billion in 304 projects. We're investing $160 million on 103-mile water pipeline, known as the Arkansas Valley Conduit. It starts here in Pueblo and will bring water to 50,000 people across the Southeastern Colorado. And that's not all. We haven't forgotten tribal lands here in Colorado. We're investing over $66 million in tribal lands here to ensure underserved Native American communities have access to affordable high-speed internet. The amazing thing is, over 233,000 Colorado households already have a savings of $30 a month on their internet bills because of the Affordable Connectivity Program. You know, and as part of my commitment to conserve and restore our country's lands and waters, my administration has already conserved more than 21 million acres nationwide, including when I was here a year ago at the Camp Hale Continental Divide National Monument, a beautiful place that will never, ever, ever be built on in future generations. We're also bringing the semiconductor manufacturing back home. We invented the computer chip. We invented the semiconductor. All those computer chips smaller than the tip of your finger that affect nearly everything in our lives, from cell phones to automobiles to refrigerators to advanced weapons systems. America invented these chips. But as time went on, we went from producing 40 percent of the world's chips down to just over 10 percent. That's why I designed and signed the Chips and Science Act, because how can we remain the greatest nation in the world without leading the world in science and technology? How does that happen? We used to invest 2 percent of our gross domestic product and research and development as a nation. That's why we're leading the world. Over time, that went down to .7 percent. But we're changing that. Now all over the country, semiconductor companies are investing literally hundreds of billions of dollars to bring chip production back home to America. In Colorado Springs, the company Microchip announced it would invest $880 million to expand their manufacturing capacity, creating 400 additional good-paying jobs in the semiconductor industry. These fabs, they're called the factories they're built in. These fabs, they pay an annual salary over $100,000 a year. And guess what? You don't need a college degree to get the job. Folks, things are changing. We're also focused on growing the rural economy. Let me put this in perspective for you. Just four big corporations control more than half of the markets in beef, pork, and poultry in all of America. Because so few companies control so much of the market, if one of those processing plants goes offline, it can have a massive impact on the supply chain disruptions, slowing production, and costs of farmers real big. Under my administration, Colorado received millions of dollars to strengthen and expand access to small, mid-sized meat and poultry processors. The big guys don't like it, but guess what? You have a guaranteed access. Having facilities close by means farmers and ranchers have a better shot at getting a fair price for their product. We're also helping farmers and ranchers deploy clean energy systems like solar panels on their farms and ranchers, lowering energy costs, and increasing their incomes. When farmers and ranchers do well, when the wealth they generate stays in Colorado, when their children can stay in Colorado, it builds a stronger rural economy. New data released just today shows the investments we're making have spurred by the Inflation Reduction Act, which I wrote, which we passed, is going to communities historically left behind. Since I signed the law, 99% of clean energy investments in Colorado are in counties with average incomes below average, below medium household incomes. When I took office, I vowed I'd be present for all Americans, whether you live in a blue state or a red state, whether you live in rural or urban areas, and we're delivering on that promise. But folks, we haven't gotten a whole lot of help from some members of Congress. On the other side of the aisle, the United States Congress. The historic investments we're celebrating today is in Congressman Bober's district. She's one of the leaders of this extreme mega movement. She, along with every single Republican colleague, voted against the law that made these investments and jobs possible, and that's not hyperbole. That's a fact. And then she voted to repeal key parts of this law, and she called this law a massive failure. You all know you're part of a massive failure? Tell that to the 850 Colorado's to get new jobs in Pueblo to see us win thanks to this law. Tell that to the local economy that's going to benefit from these investments. Tell that to anyone who wants to listen. Tell them, thanks to Congress, and I think what she calls a massive failure, a solar power company that's investing $400 million here in Colorado, creating for 56,000 homes, creating 250 good-paying jobs. Light source BP is building a new solar farm just down the road from here to power an additional 53,000 homes. Across Colorado, XL Energy is investing $1.7 billion to improve the state's electric grid. And folks, none of that sounds like a massive failure to me. How about you? I mean, it's crazy. This is an incredible opportunity. I got around the plant today to those I got to talk to. You're changing America. You're changing America. It all sounds like a massive failure in thinking by the Congresswoman and her colleagues. Her Congresswoman also voted against the Chips and Science Act. And when she voted against the bipartisan infrastructure law, she called it garbage, a scam. As a matter of fact, the new Republican Speaker of the House, along with the Republican Congresswoman, was earned in Canada. Just visited Sarasota, Florida yesterday to tour the construction of a new terminal at that airport. It's going to create thousands of jobs over time. The project is funded with nearly $30 million from the bipartisan infrastructure law. And it's going to generate more than $30 million for Florida multiple times over. And guess what? Both the Speaker and the Congressmen voted against the law and spoke against the law. But now they're down there taking credit for it being built. As my mother would say, God love them. As one of my friends back home would say, that's for a good spot. That's for a good spot. Meanwhile, my predecessor wants to get rid of the Affordable Care Act. Over 40 million Americans today get their health insurance through the Affordable Care Act. His plan is to throw them off that plan. That would mean the number of uninsured African Americans would go up by 20 percent, for Latinos would go up by 15 percent. Folks, this is not your father's Republican Party. Like I said, I made a promise to be the President for every American. I'm keeping my promise. And just this morning we learned that our economy, our economy, just this new data out, our economy grew by over 5 percent in the last quarter. That's more growth. That's more than the grew under my predecessor in any quarter outside the pandemic, despite promises of massive tax cuts for the wealthy and corporations would be, what they said would supercharge the economy and trickle down to working folks. Not a whole lot trickled down to most kitchen tables I'm aware of. Well, I took office. Since then, the first two years, we've created over 14 million brand new jobs, good-paying jobs. And nearly 250,000 of those good-paying jobs are here in Colorado alone. We've created close to, remember we were told we're not going to be the manufacturing capital, well, how can we be the manufacturing capital world again? Well, we've created close to 800,000 manufacturing jobs, almost twice as many as the previous administration did in all four years. The unemployment rate has stayed below 4 percent for over 20 months in a row, a longer stretch in 50 years, and we've seen the highest share of working-age Americans in the workforce in 20 years. And inflation is down. We have more work to do, but inflation is down at the same time. Core inflation is the lowest level in two years that we've had the lowest inflation of any major country in the world. Let me be clear. Any corporation that's not passing these savings on to the consumers needs to stop the price gouging. And as my friend Senator Bob Casey in Pennsylvania calls it, greed-flation. American people are tired of being played for suckers. Look at all the hidden fees you have. You find out you call up your bank and you want to find out what the balance in your account is. They charge you 20 bucks. I can go on and on and on. It's wrong. One thing I said after we passed all these major piece of legislation is the next big battle is going to be whether the very wealthiest among us began and the biggest corporations began to start paying their fair share. I'm not talking about 80 percent, 70 percent, 90 percent. But the highest tax rate in America is 38 percent, 36 percent. Let me be clear. The Speaker, Donald Trump and the migrant Republicans here in Congress committed to protecting their outrageous tax cuts for those at the very top. And they're going to continue to oppose investing in all those programs that help people, whether it's in education, healthcare, whatever. I have a different view. One of the ways that we pay for all those investments that we pay for, and by the way, I cut the federal deficit of over $7 billion while doing all this. But one of the ways we paid for these investments by making corporations began to pay their fair share. Some of you may remember all the publicity back in 2020. 55 of the Fortune 500 companies in America made $40 billion in profits. That's good. You know what they paid in federal taxes? Zero. Not a penny. Not one penny. Because of the law I signed, billion-dollar corporations now have to pay a minimum of 15 percent in the federal tax. That's even less than you all pay. They're paying zero before. They paid for all the work we did, and we have more work to do. Does anyone think the tax code's fair if you do? Raise your hand. I'm not joking. Even people doing well don't think it's fair. You know, we had about 750 billionaires in America before the pandemic. Now there are a thousand. You know the average rate those billionaires pay in the federal taxes? Eight percent. They make a billion dollars, and they pay eight percent. Raise your hand if you pay more than eight percent. Every one of you do. I'm serious. Think about this. Just think about it. That's less than a firefighter or a teacher. So many other people may pay. That's why I'm proposing a billionaire minimum tax. Get this. A billionaire minimum tax, not even at the highest rate, 25 percent, which is a lot of you pay if you're making a family of four making $150,000 a year. Just 25 percent is still 10 percent lower than the top rate. And it would raise $440 billion over the next 10 years. Just paying 25 percent instead of eight. Imagine what we could do if we just made these billionaires pay their taxes like everyone else. We could use it to strengthen the social security and Medicare system instead of cutting them like Congressman Trump and both would want to do. We could use it to help millionaires and millions of families afford a little help for senior care. How many of you have a mom or dad that they don't want to have to give up all the value in their home and sell it and go to a nursing home? But you know if they just had someone there at dinner time and help them with the dinner, we just had them in the morning there just a little bit. They could stay, save a lot of money and be held a lot happier. Or we could do what we do with child care. We had that child care tax cut. What happened? We had the lowest poverty rate for children in the history of America. But what it does, it generates income. All those moms and single dads who are taking care of their kids they're able to get a job, pay a tax, go to work because someone can be with their child. Child care. This is not about helping poor folks. It's about smart economics. If we had another five million women working who can't work now, it generates economic income and growth in their communities. All these ideas would be a hell of a lot better for growing American economy than letting billionaires keep paying less taxes than any middle class worker person in America. Let me close with this. My plan is based on the belief that every American willing to work hard, and some don't want to work hard, but every American willing to work hard should be able to get a job no matter where they live. In the heartland or in a small town to raise kids in a good paycheck and keep the roots where they grew up. My dad, I said God's truth, I know I apologize to Herbie say it a thousand times. My dad used to say, and I said I'm deadly earnest, he'd say Joey, a job is about a lot more than a paycheck. It's about your dignity. It's about being treated with respect. It's about being able to look your kid in the eye and say honey, it's going to be okay and mean it. There are a quarter of a million more jobs in Colorado since I took office. That's a quarter of a million more people throughout this state including in this district who can look their kids in the eye and say honey it's going to be okay. That's a little about, this is not any they call socialism. My plan is rooted in what we've always worked best in this country. Investing in America. Investing in Americans. Because when we invest in our people, when we strengthen the middle class, we see strong economic growth for all Americans. Not just the middle class. Everybody grows. For real. Here's the deal. I've said this and I've said this to Deng Chao Ping and the MLA's and I've said this to every major world leader. It's never, never, never been a good bet to bet against American people. Never, never, never. And I can honestly say I mean this from the bottom of my heart I can honestly, I've never been more optimistic about America's future than I'm today. We just said remember who in God's name we are. We're the United States of America. There's nothing, nothing beyond our capacity to work together. So let's continue to work together and God bless you all and may God protect our troops. We're moving folks. We're moving and no one's going to stop us. Thank you.