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Its emissions by 59 to 67 percent, covering all greenhouses, gases, and all sectors of the economy. | |
| Developing nations face climate change while grappling with other challenges. | ||
| Meanwhile, rich countries enjoy a standard of living reached at the expense of 200 years of greenhouse gas emissions, demanding greater ambition and greater access to resources and technology. | ||
| It's not a matter of charity, but of justice. | ||
| The race for critical minerals essential for energy transition cannot reproduce the predatory and asymmetrical logic that has characterized recent centuries. | ||
| In Berlin City, the world will learn about the reality of the Amazon. | ||
| Brazil has already reduced deforestation by half in the region in the last two years. | ||
| Eradicating it requires ensuring decent living conditions for its millions of inhabitants. | ||
| Promoting sustainable development is the objective of the tropical forest forever. | ||
| You can watch this program in its entirety if you go to our website, c-span.org. | ||
| We're going to leave it here and take you live to remarks by Texas Governor Greg Abbott following the shooting at a Dallas immigration facility. | ||
| It's always inspiring to see the great Adrian Cruz. | ||
| And Governor, I have to call in Ottawa immediately. | ||
| And when they say you're the jobs governor, you know what occurred to me is you have more governor's cups than Tom Brady has Super Bowl championships. | ||
| That's a fact. | ||
| And Brady's stuck at seven, and you're not done at 13. | ||
| And I also was going to start in a more general way, but then yesterday happened. | ||
| The state, could you talk a little bit, the EY Lily, $6.5 billion, and then in Abilene, Texas, the nerve center of a $1 trillion total investment? | ||
| It's phenomenal. | ||
| It's stereotypical of just another day in Texas. | ||
| So for those who don't know what he was talking about, let me put it under this umbrella. | ||
| One thing that Texas has strived to achieve over the past decades is to make sure that it grows more and more diversified. | ||
| And you see results like what happened yesterday be a part of achieving that diversification. | ||
| I'll submit to you, there's no state in the United States that has a more diversified economy. | ||
| What that means is, regardless of what's going to happen, there could be ups and downs in the oil and gas sector. | ||
| For example, if you follow the price of oil, it's kind of gone down right now. | ||
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But that's not so much because of these other projects. | |
| An area that we really wanted to concentrate in is even though Texas already has the largest medical center in the entire world in Houston, Texas, we weren't doing as much as we wanted to with regard to either biotechnology or the pharmaceutical industry. | ||
| And so yesterday there was a huge announcement by the young Lily of a $6.5 billion manufacturing facility of pharmaceuticals there in the Houston area. | ||
| Also, what we saw yesterday in the Abilene area, and it's kind of confusing because it was an investment yesterday, but I think there was also an announcement last week, an announcement last month, and I can't tell if they're new announcements or just replays of the same announcement. | ||
| But what's going on in Abilene, and this is in the Stargate facility, is without a doubt, the largest AI data center location in the entire country, maybe in the entire world, and it's only a tiny fraction of what it will be there just in the Appalene area. | ||
| But also, I can tell you this without giving you more information about it, and that is there are several other, let's say, developments, not yet announced, not yet begun, that will be far larger than Stargate, located in other parts of the state of Texas. | ||
| Bottom line is this, and that is, again, when you look at diversification, the hottest thing going on right now is artificial intelligence. | ||
| And one of the most important things going on in artificial intelligence is it cannot exist without the database, and that cannot exist without power. | ||
| So you may wonder why is it that all of these AI database centers are breaking ground in the state of Texas? | ||
| One word answer, power. | ||
| Texas generates far more power than any of the state of the United States. | ||
| In fact, if you add up the second and third states combined, Texas produces far more power than the number two of three states combined. | ||
| And when you look at what we are adding constantly, in part because of investments by the state of Texas, we are going to be compared to other countries as it concerns to power generation. | ||
| We have all of the above. | ||
| We have wind, solar, nuclear, which we're adding even more to, and of course natural gas. | ||
| And so we have low-cost power, abundant power that is affecting the AI data centers. | ||
| And then after the AI data centers, you'll have the hyperscalers joining in, and then you'll have the creators coming in. | ||
| And so when you look at the future of the world, it's going to be happening in the state of Texas because of things we've been planning for the past one and two decades. | ||
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And Governor, in addition to all the leadership and power, and your state of the state, you made it emergency to invest in nuclear power and make it clear we're going to be the center of that. | |
| But you've also been the leader on the state level in terms of investing in semiconductors. | ||
| And that's also, I was arguing for AI, energy and semiconductors. | ||
| Those are two of the critical things. | ||
| Well, semiconductors are to AI, what your blood is to your body. | ||
| Obviously, your body can't operate without your blood, and obviously AI cannot work without semiconductors. | ||
| And Texas has been ranked number one for semiconductor manufacturing and exports for more than 10 years in a row. | ||
| And that is before the still under construction, a $44 billion Samsung facility in Taylor, Texas, and it's not counting the TI facility up in Sherman, Texas, and other facilities that are going up right now. | ||
| Here's the point. | ||
| When those facilities currently under construction come online, Texas, which is far ahead of any other state, we're not going to be compared to other states. | ||
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We're going to be compared to just a few other countries. | |
| It's going to be Taiwan and Texas, or maybe Texas and Taiwan. | ||
| And I don't know who's going to come in third or something like that, but we will be the centerpiece in the globe for semiconductors. | ||
| And when you think about what semiconductors really do, for one, not a person here does not have a semiconductor in your pocket or your purse or something like that. | ||
| And they're in your car and things you use every single day. | ||
| But when you see the demand for them for artificial intelligence, you will see the power that it will inject into the future of Texas economy. | ||
| There are times in the past. | ||
| Think of the California gold rush. | ||
| Think of what happened when oil was first discovered in the United States. | ||
| And now this is like the new discovery of oil. | ||
| It's both the semiconductors and artificial intelligence and what that's going to do economically. | ||
| And Texas is at the forefront of that movement. | ||
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And that movement is going to be something that lasts for decades. | |
| It is, as people have said, the fourth industrial revolution. | ||
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It's going to be far more powerful than the internet was. | |
| And it's going to change everybody's life. | ||
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And those lives are going to be changed from the Lone Star Senate. | |
| Well, Governor, now zooming back out. | ||
| Under your leadership, Texas has to become the headquarters. | ||
| We're attracting so many new Fortune 500 companies, but you've also made it a mission to make sure that all the policies of the state also benefit the great Texas small businesses. | ||
| So can you please talk a little bit about your philosophy of building an economy that works for all our companies? | ||
| And so when we talk about attracting business and supporting businesses, it truly is in all of the above approach. | ||
| For one, we have the structure in place that attracts the biggest and best business enterprises across the entire world. | ||
| And that's in part because of the no-corporate income tax and the tax system that we have here. | ||
| One thing I hear from every CEO that I talk to, especially those both here as well as those who are coming here, that is the far superior regulatory environment that we have in the state of Texas. | ||
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Also, I asked every CEO, so why are you coming here? | |
| And the regulations is one reason, but every single time a CEO mentions to me, they say Texas has the best workforce of any state in the United States of America. | ||
| And so what you all are doing to help cultivate that workforce is a game changer. | ||
| But another thing that you made or that you raised that we must double down on, and that is our small businesses. | ||
| The fact of the matter is something like 98 or 99% of all businesses in the state are small businesses, and they employ more than half of all Texans. | ||
| They are the undercurrent that really moves the state. | ||
| It helps provide services and goes to most of the Texans across the entire state. | ||
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And so we want to do everything we can to support those small businesses. | |
| And what we did, we had a, I created before this last session, I created what's called a Small Business Freedom Council. | ||
| Because we wanted to invoke this last session and devote our attention to helping those small businesses be able to succeed. | ||
| One thing we did, we had massive regulatory reforms that cut through red tape. | ||
| It is a hindrance to any business, but red tape is even more expensive percentage-wise for small businesses. | ||
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So we wanted to help cut through that red tape, but we passed a lot of laws that went into effect to cut through that red tape. | |
| But also, we wanted to help their bottom line. | ||
| And then as everybody here probably knows, and that is businesses in Texas pay a personal property tax. | ||
| I'm not cutting the real estate property tax, but a personal property tax. | ||
| It could be for your computers, it could be for your tables, or whatever the case may be. | ||
| Here's the deal: before this session began, there was an exemption, a big exemption of $2,500 for personal property tax. | ||
| If you're a business, large or small, the first $2,500 was going to be exempt. | ||
| Well, we said that's not good enough. | ||
| We wanted to increase it to help our small businesses, and we increased it to $200,000. | ||
| And when you're a small business operating in the state of Texas, having that exemption goes a long way to help you being able to pay your bills and hire more help. | ||
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I probably have more than that $2,000 of Apple products on me right now. | |
| So thank you. | ||
| Thank you, Governor. | ||
| Well, a big part of this program is the Texas takeover. | ||
| You've made it a mission, and we heard some great comments from the New York Stock Exchange, NASDAQ, and the Texas Stock Exchange that it's all Yall Street, and Wall Street is yesterday's news. | ||
| Most people know of Texas outside of here as, you know, obviously a big energy state. | ||
| Could you talk a little bit about how you came to champion policies to make Texas a financial hub? | ||
| It goes back to, I think, the first thing that we talked about, and that is the importance of having a diversified economy. | ||
| And so we've been looking at a lot of different ways to diversify that economy and then go back in time through history because in part of the Dallas Federal Reserve District, this existed for about 100 years. | ||
| Is that right, Rob? | ||
| Something like that. | ||
| Anyway, Dallas was always kind of a natural place for the banking industry. | ||
| We have other people here from other locations around the state. | ||
| And I mean, there's this very simple fact. | ||
| And that is, as you've seen our population grow, both in people who live here as well as businesses that exist here. | ||
| We now have over 31 million people, and all those people have to have a bank to go to, a bank to borrow from, a bank to do business with. | ||
| And the same is true for all of our businesses. | ||
| So just by our sheer growth alone, there was a dramatic need to expand the financial sector. | ||
| And so I wasn't here for the presentation earlier. | ||
| I don't know if you heard how this actually began, but the stock exchange process is something that I had long envisioned even before I was governor. | ||
| But I was at a dinner about the size of one of these large tables here about, I don't know, four years ago, something like that. | ||
| And someone at the dinner said, well, Governor, tell us what your thoughts are about the future. | ||
| And I brought up the desire to have our own stock exchange. | ||
| And several months after that, the guy sitting next to me at the time, his name is Jim Lee. | ||
| And he called me and said, I'm just curious, are you serious about that? | ||
| And I said, absolutely. | ||
| And so we then got into a meeting where we learned whether or not there was truly a demand and a need for that product. | ||
| And the people in that meeting were some of the biggest financial leaders from the most important financial institutions in the entire country. | ||
| And they, to a person, said, absolutely, the product is needed. | ||
| Absolutely, it can and should be created. | ||
| And so Jim and others then took on the heavy load of laying the groundwork and building the infrastructure to get it done. | ||
| But here's what happens. | ||
| I mean, through their excellence, through their hard work, they got it up and running, fully It was the largest funded stock exchange ever to exist in the United States, moving very rapidly toward getting SEC approval, moving very rapidly toward trading operations, moving rapidly toward getting listings, all that kind of process. | ||
| But a fun thing happened along the pathway, something that shows the validity of the meaningfulness of the Texas Stock Exchange. | ||
| Because when competitors learned about this, the lead competitors are the New York Stock Exchange and the NASDAQ, both of which I think have more businesses located from Texas than any other state, they realized: wait a second, they cannot cede Texas to the Texas Stock Exchange because they would see it being completely taken over. | ||
| And so now both NASDAQ and NYC have trading operations right here in the state of Texas. | ||
| In fact, some of you may have seen about three weeks ago, I rang the closing bell on live on TV for the New York Stock Exchange from the Dallas Cowboy Football Stadium. | ||
| And so they're getting all invested in making sure that Texas is going to be the centerpiece for stock exchanges for financial transactions. | ||
| And there truly is wind at our back. | ||
| And this is not a time for politics, but you've got to calibrate what's going to happen in the future based upon certain things that are going to happen politically. | ||
| And I'm just telling you what I'm hearing from New York financial institutions. | ||
| And that is, if the person who's currently in the lead for mayor of New York, who is an avowed socialist, an avowed communist, who, when you think about communism and socialism, and you think, okay, what is the most antithetical thing to that? | ||
| What's the direct opposite of that? | ||
| It would be capitalism. | ||
| But what is the pinnacle of capitalism? | ||
| I view a stock exchange as a pinnacle of capitalism. | ||
| So, on the one hand, we have the current location where stock exchanges are located that is going to be led by a communist. | ||
| On the other hand, we have Texas, which is leading capitalism, that is already the home of all these stock exchanges, and they're going to flood here en masse to the state of Texas. | ||
| And so, Hoover's involved in the real estate industry, it could be McKinney that airport may be taken off real quick. | ||
| But the future growth just in the financial sector, just in North Texas alone, is going to be extraordinary, in part because of what we've already built, but also in part because of what people are fleeing. | ||
| And if you think this is some type of herbole or fiction or whatever the case may be, remember this. | ||
| Remember what's happened over the past decade or more, and that is all the people who've already fled states like California to get away from the heavy-handed rules and regulations that were inconsistent with running a successful business. | ||
| That is going to replay time and time again because Texas, time and again, are passing policies that make it more attractive. | ||
| I know I've gone on, but let me mention one last thing that we did, which was very, very important. | ||
| These stock exchanges are confronted with something that would cost so much it would put them out of business, and that is a potential transaction fee on transactions. | ||
| And the way this kind of first began in the state of Texas was before COVID when the NASDAQ came to visit with me because the NASDAQ, which was located in New Jersey, New Jersey was considering imposing a transactions tax that would force the NASDAQ to have to leave New Jersey. | ||
| And in part, Texas was being used and being played by the NASDAQ because they needed at least to show New Jersey that they were going to be losing us. | ||
| But New Jersey eventually capitulated. | ||
| Anyway, this whole deal about a transaction tax has surfaced once again under this candidate for the mayor of New York. | ||
| And there may be even money odds that in one fashion or another, it's going to go into effect in New York. | ||
| And if it goes into effect in New York, you're going to see immediate movement. | ||
| You need to be in the moving band business real quick. | ||
| And you can charge high rates and make a whole lot of money because they're going to be coming here very rapidly, growing and truly making Texas and the DFW region the capital of capitalism in the entire world. | ||
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unidentified
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I love that. | |
| Well, and that's one of three, I think, very important ballot props that will ballot measures that will be on the ballot that are capped on the state. | ||
| Sorry, I didn't finish my point. | ||
| Glad you're brought. | ||
| So, what we did, I should have, I didn't complete the circle. | ||
| What we did this past session is in the legislature passed a constitutional amendment banning a transactions tax in Texas. | ||
| As what Glenn was about to tell you, that's on the ballot in November. | ||
| I defy Texans to vote against a ban on a transactions tax. | ||
| It is going to pass in the state of Texas, and that will cement Texas as the best place because these other states don't have a constitutional amendment. | ||
| So, think about the meaningfulness of that. | ||
| In order to undo a constitutional amendment banning a transactions tax, it would require two-thirds vote to say, oh, yes, and we actually do want a transactions tax. | ||
| Not in the lifetime of anybody in this room is that going to happen. | ||
| That's a guarantee. | ||
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And also going to the ballot, I believe, will be a constitutional prohibition against capital gains taxes and death taxes. | |
| Correct. | ||
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So contrast that with New York, which actually does have something on the books that could always be resuscitated to actually tax stocks. | |
| When we go to there's one other point I want to make because it just I want people to understand how engaged the governor gets into the nuts and bolts for policies to make all of this work. | ||
| SB 29 and the business judgment rule and the business courts to make sure that as the stock exchanges and headquarters continue to come to Texas, we have the capacity to litigate complex business cases and we give companies the ability to headquarter or incorporate in a place where activist judges, Delaware, can't replace the decisions of boards. | ||
| Right. | ||
| Good point. | ||
| Let me expand upon that. | ||
| But if I could, let me give you kind of the structure of what that falls under. | ||
| And it's the structure that keeps Texas number one. | ||
| You know, you talked about, I think you began, with the fact that we've won the Governor's Cup. | ||
| We've been the national champion for economic development for 13 years in a row. | ||
| And it's hard to be a national champion once, but 13 years in a row, there are a couple of things that are required in order to be able to keep that moving in that same direction. | ||
| One is that in addition to infrastructure like low taxes and regulations, we try to develop a partnership with all of these businesses that either are doing or seek to do business in the state because there's a simple math here. | ||
| When the businesses in the state succeed, Texas succeeds. | ||
| Mathematically, it's a simple equation. | ||
| And so we work on ways to be partners with them, but also we work on ways of evolving. | ||
| If we stuck to the formula that we had 10 years ago, we wouldn't be keeping a pace. | ||
| Instead, we evolve and constantly find ways to make Texas better. | ||
| And what you just talked about is one of those ways. | ||
| And there are other states, and most prolifically Delaware, that have business courts. | ||
| And we saw, like some businesses saw, the way that the Delaware business courts were actually failing because they were departing from long-standing precedents. | ||
| And as you all know, in business, one thing businesses need is predictability. | ||
| And they suddenly had lack of predictability in the Delaware courts. | ||
| And we thought, well, we can do better than that. | ||
| So we created the business courts, and then we listened to, we were responsive to our business constituents. | ||
| One thing our business constituents wanted was to not make it so easy so that anybody with any amount of money, any small tiny amount of money invested in the company, could create a class action lawsuit that would hijack the corporate board and hijack corporate operations. | ||
| And so we had a higher standard for what's called a derivative action lawsuit to be able to bring a lawsuit against a board for board governance, and that is you must own 3% or more of the company in order to be able to do that. | ||
| And I don't know if 3% sounds high or low, to be honest, it's a large amount to own that. | ||
| You have to be a meaningful owner of a business. | ||
| It's a meaningful owner who would have an interest in bringing something like that. | ||
| The story goes back to some story many of you may have heard, and that is somebody who owned shares in Tesla valued it less than a Tesla vehicle. | ||
| In other words, he didn't even spend as much money to go out to buy Tesla, but had a few shares of Tesla stock was able to hijack the board and halt its ability to implement several plans it had in place. | ||
| And that's just one of the reasons why Elon knew the right place to incorporate is the state of Texas. | ||
| And now there is a stampede taking place of businesses from across the country to incorporate in the state of Texas and to headquarter in the state of Texas. | ||
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We heard of some that are doing just that earlier today, Governor. | |
| Education. | ||
| You're also on a mission to make sure Texas is number one in education. | ||
| And under your leadership, Texans, parents, and students have never had more choice, and there's never been more funding going into our K through 12 system. | ||
| Could you talk a little bit about that? | ||
| Sure. | ||
| So I think it's been pretty well documented what we did over the past session and what my push was to achieve school choice. | ||
| And school choice would be categorized as an end for parents because it ensures that the people who love and care the most about a child is the parent and they're not going to have the ability to understand their child and understand the education setting that's going to be best for the child. | ||
| But school choice, when you look at the big picture, is not an end unto itself. | ||
| It's a means to an end. | ||
| And I'm the only governor in the history of Texas. | ||
| You know how we talked about these number ones for Governor's Cup and number one for exports, semiconductors, whatever. | ||
| If all I did was get up here and list all of our number ones, it would be a 30-minute speech. | ||
| But here's the point, though. | ||
| I'm the only governor in the history of the state of Texas to talk about a new number one, and that's to make Texas number one in educating our kids. | ||
| So there are several components to achieve this goal. | ||
| One of which is school choice. | ||
| Another one of which is to make sure we're going to have strong public schools, and that's why we provided $8 billion more in funding. | ||
| However, one of the best benefits of school choice, it injects competition. | ||
| Like competition we saw with the stock exchanges, now we're home to three stock exchanges. | ||
| We want competition in schools. | ||
| It's going to require every teacher in every school to be competing for these students, and that's going to lead to better products regardless of whether or not children go to a public school, a private school, a charter school, or home school, whatever the case may be. | ||
| So we're going to have competition. | ||
| And importantly, we provided $4.4 billion for pay raises for our teachers. | ||
| We need to be able to attract and keep the best teachers. | ||
| And we're doing that. | ||
| And then, in addition to that, Texas has a program that the teacher unions don't like. | ||
| The teacher unions want to see paid done on a ten-year basis. | ||
| You're here longer, you get paid more. | ||
| We want to convert that to more of a qualitative process so that the better you teach, the more you get paid. | ||
| And we have what's called a teacher incentive allotment. | ||
| It's a well-developed program that provides teachers the education they need, the tools they need to be able to take that next step. | ||
| And what this program does, it puts every teacher who applies to this. | ||
| And by the way, every ISD in the state of Texas qualifies for this. | ||
| But it's going to put teachers on a pathway to earning a six-figure salary. | ||
| It's been in place in the Dallas Independent School District. | ||
| I can tell you that there are a lot of teachers in DISD making well over $100,000 as we speak right now. | ||
| And then the last thing is curriculum reform. | ||
| Listen, I think speaking for us as a nation, we've fallen behind where we need to be in reading and math, definitely, which are subsets of other core topics like both science and history. | ||
| And so we're redoubling our efforts first on reading and math and then expanding that to science and history to make sure that we are tuning out some things that don't really lead to better education results and double down on the things that do lead to a better education through curriculum reform. | ||
| And we're going to make sure that we're going to have the best students graduating from our schools. | ||
| And then I can add to that what we're doing for career and technical education, making sure we have the most high-skilled trained workforce of any state in the United States of America. | ||
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Well, and it goes up in addition to career and technical education, dual enrollment, and then you think about under your leadership the new funding formula for community colleges where a whole bunch of new funding tied to credentials of value. | |
| International. | ||
| Texas is really a country. | ||
| You have done a great job of attracting all sorts of. | ||
| I believe Texas is also number one in foreign direct investment. | ||
| Could you please talk a little bit about your, and I know Texas Economic Development Corporation has done a great job of really helping the best jobs governor in America sell the state of Texas. | ||
| Can you talk a little bit about the international? | ||
| I'll do it, but I'm glad you also inserted the Texas Economic Development Corporation because here's the reality. | ||
| And that is the success we've had is not driven by one person. | ||
| It's driven by a team. | ||
| The fact of the matter is we have the best team in the entire country. | ||
| I'm looking at many of the teammates right now. | ||
| Those governor cups we talk about, they're not won by the state or solely by the state. | ||
| They're won by all these economic development organizations at every level across the state. | ||
| And one cool thing, and it's going back to the key word, competition. | ||
| I can look across this room and see competitors from one region to another, from one city to another, in just the Dallas area region alone. | ||
| And you're fighting out there to get projects to your city, to your county, to your economic development area. | ||
| And that leads to so much success. | ||
| So I want to thank everybody here who's involved in this process for making the Texas Economic Development Corporation the premier such organization in the entire United States of America. | ||
| It's truly you who make Texas so successful. | ||
| One thing we do with the corporation, we are able to expand the horizon of the investments. | ||
| Let's go back to that word I've used a couple of times now already, and that's diversification. | ||
| And so we're not just tethered to Texas businesses for our economic development, and we're not limited to just United States businesses. | ||
| Because we lead in foreign direct investment, we're so successful across the world. | ||
| We're the number one trading partner for Mexico, number one trading partner for Canada. | ||
| And so those are two obvious ones we're connected to. | ||
| But when you look at places we've been to around the globe, because Texas is kind of known as its own country, some here have done this before. | ||
| When you're in Europe or you're name some foreign country you're traveling in, and people will ask you what country you're from or where you're from. | ||
| And most people in the United States, when they're in a foreign country, let's say, well, I'm from the United States. | ||
| Most of you, when you know the country, you say, well, I'm from Texas. | ||
| And the reality is Texas is a brand that's known across the globe. | ||
| And it's allowed me access into the meetings with the political leader. | ||
| It could be the president, the prime minister of so many countries across the globe. | ||
| You can trace it from India all the way over to Taiwan. | ||
| And when we were in Korea as well as Japan, I was with the highest political leader in the country at the time. | ||
| The president or prime minister was out of the country at the time. | ||
| But then you go from the UK to France to Israel to countries across the globe. | ||
| And then others have come and met with me in the governor's mansion from Ireland and Australia to so many countries across the globe. | ||
| Countries want to do business with Texas, in Texas. | ||
| So the brand that you all have helped to create has been magnified and multiplied across the entire globe so that doors are open to us as we travel across the globe in ways that are not open to other states, maybe in ways that are not even open to other countries. | ||
| And we treat them with the same type of respect and support as we do with the businesses that operate here. | ||
| We roll out the red carpet for them, let them know how much we care about them and how beneficial it is for them to do business in the state of Texas. | ||
| And the results, the proof is in the pudding, because of that foreign direct investment, because these businesses are coming from across the globe, coming here and growing here and succeeding here. | ||
| And that message gets sent back home and it just causes other people from those countries to come here and multiply even more. | ||
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unidentified
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And I believe the state, we have trade offices in Mexico and Taiwan, but we'll soon have them in the UK and Israel. | |
| And you signed also a landmark agreement with the UK, I believe, a few years ago. | ||
| Oh, that's true. | ||
| But that's just for starters. | ||
| We're just getting going. | ||
|
unidentified
|
Well, as the United States, I'm going to start wrapping up the questioning. | |
| As the United States reindustrializes, it's very clear that Texas is going to be the big winner. | ||
| I mean, when we talk about all of these different trade deals that President Trump has done, and we talked a little bit about this earlier, Japan, South Korea, the EU, it's very clear there's going to be a torrent of investment in the United States. | ||
| Is this winter take all? | ||
| Is Texas going to just clean up, Governor, as this foreign investment comes in? | ||
| There's plenty of love to go around the entire country. | ||
| But Texas is going to be the clear winner. | ||
| Let me expand on why, because you mentioned some of it. | ||
| I want to just, just like at that dinner five years ago when somebody asked me, so what's going to happen in the future? | ||
| And I mentioned the stock exchange, and now it's occurring. | ||
| Actually, what I'm going to tell you about the future is already occurring in the state of Texas. | ||
| It's just going to grow even more profoundly. | ||
| I'll put this in this context, ensuring you, but more importantly, ensuring audiences outside of here, that I'm telling you only what is public information. | ||
| And that is, as we do these competitions with other states to try to attract businesses or developments to our state, we're competing with other states. | ||
| And oftentimes, what matters the most is the bottom line. | ||
| We did have a competition with other states with an entity that could locate in any of the 50 states, but had to locate in the state that would do the most to be able to preserve and to perpetuate the United States of America. | ||
| And that's the Army Futures Command. | ||
| An Army Futures Command, the Army will have different command headquarters for different operations. | ||
| It could be in NORTHCOM or SouthCom or in the Middle East, wherever the case may be. | ||
| One of their command headquarters has to be on the design of future warfare. | ||
| What's it going to look like? | ||
| I can tell you it's not going to look like the battlefields of the Middle East. | ||
| The future of warfare is in outer space and cyberspace. | ||
| And that's why the Army Futures Command decided to locate in downtown Austin, because not just did they have access to the talent right there in Austin, but they were within a couple of hundred mile radius of all of our tremendous universities that are leading the way. | ||
| And I should say this, when I became governor in my first state address, Texas ranked down the rungings of the ladder a little bit on Tier 1 research universities. | ||
| Texas is now home to more Tier 1 research universities than any other state in the United States of America. | ||
| So the Army Futures Command has access to all that talent. | ||
| And so let's extrapolate from what they're focused on, space and cyberspace, and know that the future is going to be defined by these areas. | ||
| One is space exploration. | ||
| Part of that will be what Elon achieves in going to Mars. | ||
| But think of everything that the Elon, but also Firefly and all these other Texas-based companies are already achieving right now in space. | ||
| Texas is the clear leader right now in space. | ||
| And that will only expand in the future. | ||
| We talked about AI already. | ||
| I will not repeat that. | ||
| Texas is already the leader in artificial intelligence, and that will just continue to expand in the future. | ||
| And I mentioned that the lifeblood of both space as well as AI are semiconductors where we already lead and will continue to lead in the future. | ||
| Here's the point. | ||
| The future is going to be defined by those, and AI is going to take over our lives like never before. | ||
| And we are ahead of the curve in all of that. | ||
| And whatever type of business you operate, you will be applying AI to your particular business. | ||
| So we are looking forward to taking our already leading position, expanding on excellence in those arenas, making sure we attract the best of the best from across the globe to ensure as the future of America is designed, it's being made in the state of Texas. | ||
|
unidentified
|
Well, Governor, yeah, please applaud that. | |
| And the final point I want to make is just, again, how the governor looks. | ||
| to the future. | ||
| I believe the state, when you talk about Texas becoming the financial capital of the United States, if not the world, the cyber piece is also important. | ||
| Through your vision, Texas has also created a cyber command that's the most robust in the country, as far as I'm aware. | ||
| So, yeah, in my state of the state speech that I gave at the beginning of this past session, I listed several things I wanted to achieve during the session, one of which was for Texas to create the Texas Cyber Command, knowing how important addressing cybersecurity is to the state, but also to the entire country and protecting against it and being both on the defense as well as on the offensive side. | ||
| So we did create it during the session. | ||
| And then since the session until the announcement was made a couple of weeks ago, we sought the best person. | ||
| So we got a former admiral who was in charge of United States Cyber Command. | ||
| And I told him I want to give you a promotion from United States Cyber Command to be in charge of Texas Cyber Command. | ||
| He now operates the Texas Cyber Command Center and setting that up to make sure that we will be the leader in the United States as it concerns cybersecurity. | ||
|
unidentified
|
Well, Governor, under your leadership, the state continues to soar. | |
| We are the jobs juggernaut. | ||
| I'm going to close on this. | ||
| As a guy who comes from New York, it's humbling to be here. | ||
| When I was born, and it wasn't 100 years ago, Texas had 60% of the population of New York. | ||
| Now Texas is 31 million and growing, and New York is 19.5 million, and it's going to rapidly shrink after they make a terrible electoral decision. | ||
| Governor, the last word. | ||
| You are the best governor in America. | ||
| You are the jobs governor. | ||
| And I'll just say as a chamber guy, it's an honor to be in the great state of Texas under your leadership. | ||
| Well, thank you. | ||
| Thank you to Glenn. | ||
| Thank you to everybody here who's so involved in making Texas so great. | ||
|
unidentified
|
Today, a look at the challenges and opportunities in creating online content hosted by the Congressional Black Caucus Foundation. | |
| Speaking with New Jersey Senator Cory Booker and Black creators. | ||
| Live at 3 p.m. Eastern on C-SPAN. | ||
| C-SPAN now, our free mobile video app, and online at c-SPAN.org. | ||
| In 1945, the United Nations was founded in the aftermath of World War II. | ||
| This week, C-SPAN marks the 80th anniversary of the UN. | ||
| We'll dig into the C-SPAN archives for historic speeches from U.S. presidents and world leaders delivered at the annual United Nations General Assembly in New York. | ||
| Tonight, we'll feature Libyan President Muamar Gaddafi addressing world leaders with a lengthy address criticizing the Security Council and then tore up the UN Charter in 2009. | ||
| Then in 2011, Iranian President Mahmoud Ahmadinejad questioned the Holocaust and 9-11 terrorist attacks. | ||
| Some delegations walked out in protest. | ||
| And in 2012, General Assembly remarks from Israeli Prime Minister Benjamin Netanyahu. | ||
| He sought to simplify the Iranian nuclear issue with a bomb diagram he brought to the podium. | ||
| Watch the 80th anniversary of the United Nations all this week at 8 p.m. Eastern on C-SPAN 2. | ||
| This fall, C-SPAN invites you on a powerful journey through the stories that define a nation. | ||
| From the halls of our nation's most iconic libraries comes America's Book Club, a bold, original series where ideas, history, and democracy meet. | ||
| Hosted by renowned author and civic leader David Rubinstein, each week features in-depth conversations with the thinkers shaping our national story. | ||
| Among this season's remarkable guests, John Grisham, master storyteller of the American justice system. | ||
| Justice Amy Coney Barrett, exploring the Constitution, the court, and the role of law in American life. | ||
| Famed chef and global relief entrepreneur Jose Andres, reimagining food. | ||
| Henry Louis Gates, chronicler of race, identity, and the American experience. | ||
| The books, the voices, the places that preserve our past and spark the ideas that will shape our future. | ||
| America's Book Club, premiering this fall, Sundays at 6 p.m. and 9 p.m. Eastern and Pacific, only on C-SPAN. | ||
| Here's Ted Warrington, Oregon, Democrat. | ||
| Hi, Ted. | ||
| You're on the air. | ||
|
unidentified
|
Good morning. | |
| I just was thinking, what is the toughest job in America? | ||
| Is it the law enforcement out protecting all of us? | ||
|
unidentified
|
Is it the surgeon protecting lives? | |
| Is it the military around the world? | ||
| Well, I come to the realization the toughest job in the world is being a host on C-SPAN. | ||
|
unidentified
|
No matter what they're paying you, it is not enough for you to make a dime or more listening to the hoy poloy. | |
| And for the uneducated, that is the masses. | ||
| I just think whatever they're paying you, it's not enough. | ||
| And I admire your tenacity, your iron, and I just hope you have a great day. | ||
|
unidentified
|
Thank you very much. | |
| Thanks, Ted. | ||
| Appreciate that. | ||
| Here's Carol, West Virginia Independent Line. | ||
| Hi, Carol. | ||
|
unidentified
|
Hello, good morning. | |
| Oh, I've got a lot of stuff. | ||
| I'd like to know where all the, I call them the free speech screamers were when the conservatives were getting banned from YouTube, Facebook, and Google because Google just put out an article that they were censoring people under the last administration. | ||
| But I guess that was okay. | ||
| I was one of them that got banned. | ||
| But I also want to know. | ||
| Wait, wait, Carol, what were you banned for from YouTube? | ||
|
unidentified
|
Banned if I made a comment about COVID. | |
| I was banned on Facebook if I made a comment about COVID. | ||
| I was thrown in, quote, Facebook jail for almost a year because I was just asking questions. | ||
| About the COVID vaccine, you mean? | ||
|
unidentified
|
About anything about COVID. | |
| It was if I didn't agree with what was being put out there, I just was asking questions like, why can't we find out more information about it? | ||
| Why is this doctor saying this? | ||
| This doctor saying this? | ||
| Well, nope, that went against community standards, and I was banned. | ||
| But that's okay. | ||
| But anyways, I've got another issue. | ||
| Is there any articles on the some kind of like a, I forget what they call it? | ||
| It was like a communication network that they found up underneath the UN yesterday. | ||
| Yep, yep. | ||
| I did see. | ||
| I did see something about that. | ||
| Let me look, Carol, because I did. | ||
| Yeah. | ||
| No, go ahead. | ||
| You were going to say something? | ||
|
unidentified
|
Yeah. | |
| And then there's, I just seen that there was another ICE incident where one of the facilities was attacked down in Texas, and there was an active shooter down there. | ||
| But I just, you know, I just want basically, I can't figure it out. | ||
| And I'm just, I just ask a lot of questions. | ||
| I'm the person that asked a lot of questions. | ||
| No, we appreciate the questions. | ||
| And I do want to make sure people know about this because this is breaking news. | ||
| Here's the New York Post. | ||
| Dallas ICE facility shooting kills at least three detainees and the sniper found dead on the roof, according to authorities. | ||
| That's as reported by the New York Post, happening, just happened in Dallas at an ICE facility there. | ||
| And regarding Carol's question about that network, so this is the Washington Times with the headline: Secret Service Dismantles Spy Network Near Summit. | ||
| Hack plot threatened world leaders. | ||
| It says that the Secret Service disabled a malicious telecommunications network in and around New York City that officials said posed a major threat to President Trump and other diplomats and leaders at the UN General Assembly meetings this week. | ||
| Joint investigation involving Secret Service, Department of Homeland Security, various law enforcement agencies uncovered 300 sim servers and 100,000 sim cards across five sites. | ||
| Secret Service, that's according to the Secret Service, they said that it was the largest seizure of its kind in the agency's history. | ||
| This is in the Washington Times if you'd like more information. | ||
| Carol Carolyn in Illinois, Republican, good morning. | ||
|
unidentified
|
Hi. | |
| First off, I wanted to sign a text, but it didn't get through that when Jeffrey played that thing at Jeffrey talking about how bad the economy is. | ||
| Well, I believe the economy is probably doing pretty good unless you live in a Democrat state like I do. | ||
| You know, they're putting taxes on us and stuff. | ||
| Anything that's coming down, you're not going to see it if you're in a Democrat state. | ||
| Also, I'm wondering who's fact checking that last guy you had on talking about the FCC. | ||
| I understand he used to work there, but can you give me an example of something you wanted to fact check, Carolyn? | ||
| Everything he says, he's definitely Democrat-leaning. | ||
| But I'm saying something that he's said as a fact that you want to check if it's true. | ||
| Is there something that stands out for you? | ||
|
unidentified
|
Not necessarily, just everybody takes his word. | |
| It's gospel, and who's to say it's true? | ||
| And here's Mike in Rio, Wisconsin, Democrat. | ||
| Hi, Mike. | ||
|
unidentified
|
I just wanted to say, hooray, hooray, hooray, hooray for Jimmy Kimmel and the First Amendment. | |
| All this is about is corruption from the Trump administration. | ||
| All of this is about is money. | ||
| Back in 69, I'm 69 years old. | ||
| Back in the early 70s, they tried to get rid of all the family on TV. | ||
| They tried to get rid of the Smunder brothers. | ||
| Nixon did. | ||
| All this is a corruption by the Trump administration to prioritize and make money off corruption. | ||
| Trump is corrupted. | ||
| Goodbye. | ||
| And we are in open forum for about 20 minutes until the end of the program. | ||
| If you would like to share your ideas or thoughts with us, you can go ahead and call now. | ||
| Democrats are on 202-748-8000. | ||
| Republicans, 202-748-8001. | ||
| And Independents, 202-748-8002. | ||
| The Federal Reserve Chair, Jerome Powell, spoke to reporters yesterday talking about the job market for young workers. | ||
| Take a look at what he said. | ||
| We all see the data that it's just gotten tough for people just entering the labor force to be hired. | ||
| But remember, the overall national aggregate hiring rate is at very, very low level. | ||
| The layoff rate is also at a very, very low level. | ||
| You're in a low-fire, low-hire economy. | ||
| And it feels like companies are just, they've kind of stopped hiring or slowed down their hiring because they want to see how this all shakes out. | ||
| We're having very important changes to economic policy in the United States, and companies and people are wondering how's that going to work out. | ||
| So I think that's part of it. | ||
| The other thing I would add, though, is, you know, there's a lot of good scholarship around technological innovation and inequality, if you will. | ||
| And the sense of it is really that if schools and society give students graduating the skills and aptitudes they need to benefit from evolving technology, you can have declining inequality over time. | ||
| And that's what the United States had for many, many years, up until about 1970, when U.S. educational attainment kind of plateaued and inequality takes off. | ||
| So it's really down to having the skills. | ||
| So kids who come out of school today with technological skills and can work with this new technology, they're probably going to be fine. | ||
| They're going to be great. | ||
| If you don't have those skills, though, you're increasingly left with less attractive employment options. | ||
| So in a way, it's an educational issue. | ||
| It's Chairman Powell from yesterday. | ||
| If you want to see that full event, you can go to our website at c-span.org. | ||
| Here is Michael in Hollister, California, Independent Line. | ||
| Michael, you're on Open Forum. | ||
|
unidentified
|
Yes, I was calling in concern about our Kash Patel and the FBI situation. | |
| I find it quite disturbing, his defiant behavior, and how he spoke to our representation, our congressmen, and our Senate and such. | ||
| And so I find it quite that there is a pushback from Kash Patel that is disturbing in itself that there seems to be some type of cover-up. | ||
| I mean, they are definitely not giving us all the information. | ||
| And I wanted to say something in regards to what the Fed Commissioner had said in regards to jobs. | ||
| Trump has changed a lot in this job market, and it is quite disturbing. | ||
| I'm a contractor and everything is quite stagnant now. | ||
| He had represented in the United Nations in his speech that the economy is great, everything is great, gas prices down, and that is not the case. | ||
| So that is totally false. | ||
| And so that's what I had to say about that. | ||
| Thank you very much for your time. | ||
| Here's Doug, New York Democrat. | ||
| Hi, Doug. | ||
|
unidentified
|
Hi, how are you this morning? | |
| I'm doing great. | ||
|
unidentified
|
Okay. | |
| I wish Tom Wheeler was back on. | ||
| I wanted to say this. | ||
| Do you ever hear of the book, The Medium is the Massage by Marshall McLuhan? | ||
| I have not, no. | ||
|
unidentified
|
No. | |
| Well, you know, People try to sell us a lot of things like Coke and cars and everything, and they use methods to do this, right? | ||
|
unidentified
|
What is the standard that our government is supposed to use that limits manipulation? | |
| Think about it. | ||
| We think about, I've asked a lot of people, what is the most important thing that happened yesterday? | ||
| It comes from the news mostly, and it comes with the sland of the news that they intentionally put on it. | ||
| And they do it in order to make money, too. | ||
| But somebody said we used to just give the news. | ||
| We don't anymore. | ||
| And it's like a political campaign convincing you to think this way or religion, you could think this way. | ||
| What's the law on the standard of manipulation? | ||
| You know, like for I'm a senior citizen, and like you get these calls and they try to get you to do things, right? | ||
| You understand? | ||
| Yep, yep. | ||
| No, I think I got your point. |