Former President Donald Trump announced at a rally in North Carolina on Wednesday that he wants to slash energy prices by half if elected back to the White House.
At Harrah’s Cherokee Center in Asheville, the GOP presidential nominee said he aimed to reach that objective in less than two years of a second term.
“I am announcing today that, under my leadership, the U.S. will commit to the ambitious goal of slashing energy and electricity prices by half — at least. Half!” Trump said.
“We intend to slash prices in half within 12 months, at a maximum 18 months,” he continued, adding that if he does not fully succeed, costs would still be down “a lot.”
Trump said “every single thing that I promised, I produced.”
“We think that your energy bills will be down by 50%-70%,” he added. “How good would that be for a thing called inflation?”
Back in April, reports said gas prices had risen 50% since President Joe Biden took office. Biden has sought to lower prices at a time of high inflation with sales from strategic oil reserves.
Trump told the North Carolina audience that Vice President Kamala Harris, who has replaced Biden atop the Democratic Party’s presidential ticket, will not end the economic crisis.
Harris will only “make it worse,” he warned.
After Harris stole his idea to nix taxes on tips, Trump quipped that the VP is “waiting” to announce her economic policy vision until he reveals his “so she can copy it.”
“She can’t solve the problem, because she is the problem,” Trump said of Harris. “She really is. People like her.”
Trump touted his proposal to cut taxes that senior citizens pay on Social Security benefits.
“To help seniors on fixed incomes who are suffering the ravages of inflation, there will be no tax on Social Security!” Trump explained. “We’re going to stop it.”
Trump also referred to his idea to shift money for renewable energy priorities under the Biden-Harris administration to infrastructure projects.
“To further combat inflation, I will terminate Kamala Harris’ ‘green new scam’ and … give all of the unspent funds back to building roads, bridges and give it back to the government,” Trump said. “It’s like what she did, what they did, it’s like throwing billions of dollars out the window.”
Near the end of the speech, Trump tightened up his broader election message, saying he wanted to put an end to the rising costs of groceries, gas, and homes. It’s just “common sense,” he declared.
Adding in calls to “stop the invasion” at the border and get “transgender insanity the hell out of our schools,” Trump rallied support for defeating Harris and her “country destroying liberal agenda.”
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