Trump's Year-End Address Highlights Economic Policies and Military Bonuses
Full Transcript
In a prime-time address delivered from the White House, President Trump reflected on his economic policies and announced a new 'warrior dividend' for military personnel. During the speech, he touted the U.S. economy as recovering from what he described as the 'brink of ruin,' attributing past economic struggles to the previous administration.
Trump announced that over one million military service members would receive a bonus payment of $1,776, linking the amount to the year of America's founding, 1776. He emphasized his administration's achievements in lowering prices, cutting health care costs, and improving military support, asserting that these efforts would lead to an economic boom.
Trump's address aimed to bolster public perception of his presidency as he gears up for the upcoming elections, amidst concerns over economic sentiment among voters, with a significant portion expressing dissatisfaction with the economy according to recent polls.
The speech highlighted his administration's legislative victories, including a recent tax bill, and aimed to strengthen his base ahead of challenging electoral contests.