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Home » Transcript of VP JD Vance Remarks At National League of Cities Event

Transcript of VP JD Vance Remarks At National League of Cities Event

Read the full transcript of Vice President JD Vance’s speech at the National League of Cities’ Congressional City Conference in Washington, D.C. [March 10, 2025].

Listen to the audio version here:

TRANSCRIPT:

Introduction and Welcome

VICE PRESIDENT JD VANCE: Thank you all. Thank you. Please, please, please take a seat. It’s good to see everybody. Good afternoon and thank you all for having me. Thank you to Councilman Kramer for the kind introduction. I was talking with him backstage a little bit. My wife and I both love the city of Louisville and have spent a lot of time there. So, thank you for being here. It means a lot and thanks for the kind words.

And I’d say to all of you, you know, whenever I was in the Senate and I welcomed a group from Ohio, and I know you guys represent the entire country or cities and municipalities all over the country, you know, I would always just say, enjoy the town because it is your city. And I think that Washington is a beautiful place. It’s a beautiful place to spend a few days. I know you guys have some work to do, but I also think it’s important to get out there and see the people’s city. It was built with your tax dollars. I think these incredible buildings and museums are supported by all of you and, of course, by all the people that you represent. And so, I hope you enjoy your time in Washington, D.C.

The Importance of Local Government

So, I know you’re all busy and I know it’s never easy to come here to Washington, especially on a Monday. So, I appreciate the effort involved in getting here and I also appreciate the mission of this conference. The work you all do back home is extremely important. You know, most Americans, of course, they interact with their state and local governments far more regularly than they do their federal government and that’s the way it’s supposed to be. That’s the way the Constitution sets it up. We know that good government starts at the local level.

So, while those of us in Washington certainly take up most of the press attention, and we do that whether we want to or not, I want to acknowledge the enormous impact local governments have on the lives of our great American citizens. Now, the Trump administration believes in the wisdom of federalism and leaving local issues to local officials. But, we all also recognize the importance of supporting and collaborating with all of you because so many of the issues that you deal with, of course, implicate local issues but state issues and federal issues as well.

The Housing Crisis in America

And one area of shared interest between President Trump and, I think, every single person in this room is the importance of providing good housing for our citizens at a reasonable and affordable cost. And I have to say, I’m hard-pressed to think of a time in my 40 years of life where it’s been so hard for normal American citizens to afford a home. Even renting a home has become a challenge or, worse yet, fallen completely out of reach for so many of our families.

I was talking with a relative a couple of years ago and she just made kind of an off-handed observation as a younger person than I am. She was looking to buy her first home and just mentioned that when her parents were growing up they could afford a nice home on a single middle-class income. And she was sort of mentioning this as a sorrowful thing. She was sad that that wasn’t true for her generation. And I think all of us in this room, certainly including me, have a little bit more work to do, I think, to make housing more affordable.

I want to talk about that because I think it’s the issue where our interests in some ways are most aligned with the people in this room. I read recently that the average income it takes to buy a new house is nearly two times the average salary of your typical American family. Not the average American worker, but the combined incomes of a husband and wife. And that’s just not acceptable or sustainable in the United States of America.

We want Americans to be able to afford the American dream of homeownership because we know that when people own their homes it makes them a stakeholder. It makes them a stakeholder in their neighborhoods, in their cities, and ultimately of course in this country that all of us love so much. We want our citizens to feel that investment in their own country and it’s hard. It’s hard to feel that investment if you feel like you can’t even own a slice of it, even if that’s what you want to do.

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The Impact of Inflation on Housing

Now on a more basic level, we don’t want people living paycheck to paycheck. We don’t want them to make trade-offs between a trip to the grocery store and meeting next month’s rent. Because even if you don’t yet own a home, or even if you don’t ever want to own a home, the knowledge that if you work hard and spend wisely, eventually you’ll be able to afford a nice place to live, that goes I think a very long way to giving people a sense that they belong here and a sense that they have a stake in the future.

Now there are some important reasons why that belief is dwindling among Americans today. And a lot of it of course comes from the historic inflation that this country has dealt with over the last four years. Now under the previous administration, get a little bit political, the cost of a median price home in America more than doubled, and that was just in four years.