On June 17, President Trump signed a fourteen-point memorandum of understanding with Iran. The agreement was intended to end hostilities, reopen the Strait of Hormuz, and establish a framework for Iran's economic recovery, reconstruction, and future investment.
The memorandum calls for developing a reconstruction and economic development plan of at least $300 billion for Iran, contingent on a final agreement. President Trump has said the United States will not directly finance the reconstruction, but his administration has committed to working with regional partners to develop the plan.
The Pentagon has spent billions on this war. Now the administration is laying the groundwork for a plan to mobilize at least $300 billion for Iran's reconstruction. Meanwhile, many families here at home still struggle to afford rent, groceries, or a doctor's visit.
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If Washington can negotiate a fourteen-point agreement that includes a plan to rebuild Iran after a war President Trump chose to wage, we can write a fourteen-point plan to rebuild every American community.
Today, I am releasing my own fourteen-point plan, a plan for Team America. It puts the full strength of the United States government to work for the American people: creating jobs, slashing costs, and stopping foreign wars.
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We need a new national mission. Our governing elite have been so focused on foreign wars that they have lost sight of our challenges here at home. It is time for a national economic development initiative that makes the economic success of every American family our highest priority.
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America has done it before. We did it when FDR mobilized America’s industrial power, when Eisenhower built the interstate highway system, and when Kennedy called on us to go to the moon. That spirit is what inspired my parents to come here in the late 1960s and early 1970s. We were a nation on the march — a nation brimming with confidence and humming with activity.
Let us be that America. Let us be an America that makes prosperity possible in every corner of our nation and, in so doing, becomes history's first cohesive multiracial democracy.
