Former President Donald Trump, in a major economic speech Wednesday, said the centerpiece of his plan to reduce the cost of living for Americans is to slash energy prices by half within the first 18 months of him taking office.

“I’m announcing today that under my leadership, the United States will commit to the ambitious goal of slashing energy and electricity prices by half, at least half,” Trump told a raucous crowd in Asheville, North Carolina, at a rally that aired live on Newsmax and simulcast on the Newsmax2 online streaming platform. “We intend to slash prices by half within 12 months, at a maximum 18 months.

“You know, energy is such a big topic, such a big cost, so powerful, so big that if you have a donut shop, you have the ovens, you have a truck that delivers the donuts. If you have whatever you do, your heating, your cooling, everything is about that. That’s where [the Biden-Harris administration] really blew it. They blew it with too much borrowing.”

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