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In fact, I will extend the Medicare Trust Fund by at least two decades. |
I will not raise taxes on anyone making under $400,000 a year. And I will pay for the ideas I’ve talked about tonight by making the wealthy and big corporations begin to pay their fair share. |
Look, here’s the deal. Big corporations aren’t just taking advantage of the tax code. They’re taking advantage of you, the American consumer. |
Here’s my message to all of you out there: I have your back. We’re already preventing insurance companies from sending surprise medical bills, stopping 1 million surprise bills a month. |
We’re protecting seniors’ lives and life savings by cracking down on nursing homes that commit fraud, endanger patient safety, or prescribe drugs they don’t need. |
Millions of Americans can now save thousands of dollars because they can finally get hearing aids over-the-counter without a prescription. |
Capitalism without competition is not capitalism. It is exploitation. |
Last year I cracked down on foreign shipping companies that were making you pay higher prices for everyday goods coming into our country. |
I signed a bipartisan bill that cut shipping costs by 90%, helping American farmers, businesses, and consumers. |
Let’s finish the job. |
Pass bipartisan legislation to strengthen antitrust enforcement and prevent big online platforms from giving their own products an unfair advantage. |
My administration is also taking on “junk” fees, those hidden surcharges too many businesses use to make you pay more. |
For example, we’re making airlines show you the full ticket price upfront and refund your money if your flight is cancelled or delayed. |
We’ve reduced exorbitant bank overdraft fees, saving consumers more than $1 billion a year. |
We’re cutting credit card late fees by 75%, from $30 to $8. |
Junk fees may not matter to the very wealthy, but they matter to most folks in homes like the one I grew up in. They add up to hundreds of dollars a month. |
They make it harder for you to pay the bills or afford that family trip. |
I know how unfair it feels when a company overcharges you and gets away with it. |
Not anymore. |
We’ve written a bill to stop all that. It’s called the Junk Fee Prevention Act. |
We’ll ban surprise “resort fees” that hotels tack on to your bill. These fees can cost you up to $90 a night at hotels that aren’t even resorts. |
We’ll make cable internet and cellphone companies stop charging you up to $200 or more when you decide to switch to another provider. |
We’ll cap service fees on tickets to concerts and sporting events and make companies disclose all fees upfront. |
And we’ll prohibit airlines from charging up to $50 roundtrip for families just to sit together. |
Baggage fees are bad enough – they can’t just treat your child like a piece of luggage. |
Americans are tired of being played for suckers. |
Pass the Junk Fee Prevention Act so companies stop ripping us off. |
For too long, workers have been getting stiffed. |
Not anymore. |
We’re beginning to restore the dignity of work. |
For example, 30 million workers had to sign non-compete agreements when they took a job. So a cashier at a burger place can’t cross the street to take the same job at another burger place to make a couple bucks more. |
Not anymore. |
We’re banning those agreements so companies have to compete for workers and pay them what they’re worth. |
I’m so sick and tired of companies breaking the law by preventing workers from organizing. |
Pass the PRO Act because workers have a right to form a union. And let’s guarantee all workers a living wage. |
Let’s also make sure working parents can afford to raise a family with sick days, paid family and medical leave, and affordable child care that will enable millions more people to go to work. |
Let’s also restore the full Child Tax Credit, which gave tens of millions of parents some breathing room and cut child poverty in half, to the lowest level in history. |
And by the way, when we do all of these things, we increase productivity. We increase economic growth. |
Let’s also finish the job and get more families access to affordable and quality housing. |
Let’s get seniors who want to stay in their homes the care they need to do so. And give a little more breathing room to millions of family caregivers looking after their loved ones. |
Pass my plan so we get seniors and people with disabilities the home care services they need and support the workers who are doing God’s work. |
These plans are fully paid for and we can afford to do them. |
Restoring the dignity of work also means making education an affordable ticket to the middle class. |
When we made 12 years of public education universal in the last century, it made us the best-educated, best-prepared nation in the world. |
But the world has caught up. |
Jill, who teaches full-time, has an expression: “Any nation that out-educates us will out-compete us.” |
Folks, you all know 12 years is not enough to win the economic competition for the 21st Century. |
If you want America to have the best-educated workforce, let’s finish the job by providing access to pre-school for 3- and 4-year-olds. |
Studies show that children who go to pre-school are nearly 50% more likely to finish high school and go on to earn a 2- or 4-year degree, no matter their background. |
Let’s give public school teachers a raise. |