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I want -- first of all thank Randy and Tom.
For their participation.
And I am thrilled.
That President Clinton has been momentary this song as he pointed out partly thanks to me he's home alone too often.
And this has been a passion for him for quite some time.
So I am very grateful.
For his involvement I think everybody -- western all the folks who -- participating here for giving us this remarkable tour.
The equivalent -- 250.
Full time workers.
As a consequence of the project that's taking place here it is a win for the business owners it was when for the tenets of this building.
It was a win for the construction workers who were participating.
And for the property manager it's doing -- -- great -- so there's this is a great example of what's possible.
My most pressing challenge.
It's doing everything I can every single day to get this economy growing faster and create more jobs.
We learn that our economy another 140000.
Private sector jobs in November.
The unemployment rate went down.
And despite strong headwinds this year the American economy is now created.
In the private sector.
Jobs for the past when he won once in a row that's.
Nearly three million.
New jobs in all more than half million over the last four months.
So we need to keep that -- -- Right now that means congress needs to extend the payroll tax cut for working Americans for another year.
Congress to renew unemployment insurance for Americans -- are still out there pounding the pavement looking for work.
Failure to take.
Either of these steps would be a significant -- to work on it would take money out of -- pockets of Americans were most likely to spend.
And -- would harm small businesses that depend on the spending it would be a bad idea I think it's worth noting by the way.
And noticed that some folks on the other side of -- former President Clinton about.
It's that I -- raise taxes.
During tough economic times that's precisely why.
I've sought to extend a payroll taxes.
And next year.
It doesn't mean that we lock him.
Tax cuts for the wealthiest Americans I don't think -- president Clinton's been on board for that.
For perpetuity but just thought -- that might be worth mentioning.
That's why so disappointed.
Last night by the way that and Republicans vote to block their payroll tax cut.
That effectively would raise taxes on nearly -- 160.
Million hardworking Americans.
-- -- wanna ask a few 100000 of the wealthiest Americans pay their fair assured of becoming -- faster.
And everybody and I think that's unacceptable.
We're gonna keep pushing congress to make this happen.
Now's not the time to slam the brakes.
On the recovery right now it's time to step on the gas we need to get this done and I expect that it's gonna get done before congress leaves.
Congress may not believe.
And we can all spend Christmas they're together.
Or longer term jail.
Is rebuilding an economy where hard work is valued and responsibility is rewarded and the middle class.
And -- we're trying to get into the middle class.
Regain some secure.
Economy that's built to compete with the rest of the world and an economy that's built -- -- and that's why we are here.
In place where clearly there's -- building going -- President Clinton leaders of business leaders of labor.
We're all here to announce some new steps that are going to create.
Good jobs rebuilding America.
This building is in the middle of a retrofitting project to make it more energy efficient.
Already this -- and saving this building 200000 dollars a year on energy bills.
And as I mentioned earlier by the time it's finished it will operated more than 250.
Full time jobs construction.
Here in this building.
You know president -- come down from New York.
The fact of the owners their first state building.
Did the same thing there retrofitting.
That iconic landmark from top to bottom.
It's big investment but it will pay for itself.
By saving them four point four million dollars a year in energy costs.
It is estimated that all the retro fitting that they're doing we'll pay for itself -- about one half years.
Making our buildings more energy efficient is one of the fastest.
And cheapest ways for us to create jobs save money.
And cut down on harmful pollution.
It is a trifecta.
Which is why you've got labor.
And business behind.
It could save our business is up to forty billion dollars a year on their energy bills.
Money better spent growing and hiring new workers.
It would boost manufacturer.
Of energy efficient -- And when millions of construction workers have found themselves out of work since the housing bubble -- it will put them back to work doing the work that America needs done.
So this is an idea whose time has come.
That's why in February -- announced the better buildings initiative.
It's an ambitious plan to improve the energy efficiency.
Of America's commercial buildings 20%.
By the year 20/20 and I asked President Clinton and my jobs council to challenge the private sector.
As part of the initiative to step up.
Make these cost saving investments and prove that it works so that other companies folder late.
Now I believe that if you're willing to put people to work make -- buildings more efficient.
America should provided some incentives Jerusalem.
That's something that would require congressional action and we have asked congress to work with us to move on providing more effective incentives for.
Commercial building owners all across the country to move forward on.
On these energy efficient steps but we can't wait for congress to act.
And if they more acts -- well.
Which is why today I'm directing all federal agencies.
All federal agencies to make at least two billion dollars worth of energy efficiency upgrades over the next two years.
None of these upgrades will require taxpayer money.
To get them goal we're gonna use performance based contract that you savings on energy and utility bills.
To pay the contractors would do the work.
And it should keep construction workers prevents.
In fact there's something -- the chamber of commerce that is critical to private sector to operate.
The private sector and community leaders are also stepping up to the -- alongside federal government.
President Clinton global Clinton Global Initiative have been tremendous partners in -- -- to join us up.
So in June and CGI America we announced initial commitment.
500 million dollars to operate 300 million square feet building space on these projects already under way.
The good news is today we can -- -- we're going back.
We've received larger commitments we now have sixty major companies.
Labor -- hospitals.
Cities and states and they are stepping up with nearly two billion dollars in -- To operate an additional.
One point six billion square feet of commercial industrial space by -- target here when he tore.
That's more than 500 empire state votes.
I just had a chance along with President Clinton to meet with representatives.
These institutions that are -- In your first hand now.
They can put Americans back to work but also improve their bottom lines -- you've got companies like best buy.
And Walgreens that are going to operate store lighting which is gonna save them money.
You've got manufacturers like -- -- that are gonna make their manufacturing.
Plants more efficient dramatically reducing their operating costs which means they could compete.
All around the world.
You've got property management companies that are upgrading their buildings to make the real estate portfolios more attractive.
To businesses and -- has already upgraded for 40000 units of military housing all across the country which will give our military families or utility bills.
And a higher -- real life.
And all of this will create jobs.
Over the past decade we've seen what happens if we don't make investments like these.
We've seen what happens when we don't come together for common purpose.
Wages flat -- incomes fall employment stalls.
And we lose our competitive -- We've all seen what happens when we do what's right.
Bill Clinton was president -- and shortchange investments.
Say we're gonna cut back on the things that we know we're gonna help -- -- in the future.
We did make decisions that put the burden on the middle class with a poor.
We live within our means we invested our future we asked everybody to pay their fair or -- And you know what happened.
The private sector -- jobs.
Were created the middle class.
-- grew its income -- millions rolls out of poverty we ran a surplus.
We're actually on track to be able to pay off all of -- that.
We're firing on all sold.
We can be that nation again.
That's our goal.
We will be that nation again.
We're gonna fight for.
So there's work to be done their workers like these guys were ready -- -- their businesses that are ready to step up.
We've got to get organized get mobilized.
And so I just want to thank everybody who's participating here for stepping up and play and showing extraordinary leadership.
I'm confident that this is going to be one important piece a proposal to get the economy moving thank you very much -- but thank you --
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