Trump Says Country in Economic 'Disaster'

Republican presidential candidate Donald Trump told Newsmax TV in an exclusive interview that the American economy has become a "disaster" under President Barack Obama and that his own tax plan will generate growth unheard of since the Reagan administration.

"We have no growth right now," he told "Newsmax Prime" host J.D. Hayworth. "The country's a disaster.

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"We're cutting taxes," Trump added, referring to the economic agenda he announced on Monday in Detroit. "We're simplifying all taxes for everybody — including for corporations, and we're bringing business taxes down to 15 percent.

"We're lowering taxes to get money back in. We have trillions of dollars of corporate money outside of the United States.

"We're bringing that [rate] down, so companies can bring in these trillions of dollars and put them to work here.

"We have a plan that is going to really reinvigorate our country," Trump told Hayworth. "This will reinvigorate, I think, like maybe nothing else since Reagan — and maybe even more so."

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