President Donald Trump gives a thumbs up while speaking to Navy and shipyard personnel aboard nuclear aircraft carrier Gerald R. Ford, Thursday, March 2, 2017, at Newport News Shipbuilding in Newport News, Va. The ship, which is still under construction, is due to be delivered to the Navy later this year.
President Donald Trump gives a thumbs up while speaking to Navy and shipyard personnel aboard nuclear aircraft carrier Gerald R. Ford, Thursday, March 2, 2017, at Newport News Shipbuilding in Newport News, Va. The ship, which is still under construction, is due to be delivered to the Navy later this year. Pablo Martinez Monsivais AP
President Donald Trump gives a thumbs up while speaking to Navy and shipyard personnel aboard nuclear aircraft carrier Gerald R. Ford, Thursday, March 2, 2017, at Newport News Shipbuilding in Newport News, Va. The ship, which is still under construction, is due to be delivered to the Navy later this year. Pablo Martinez Monsivais AP

Trump promises biggest naval expansion since Cold War — with an enormous price tag

March 02, 2017 7:52 PM

More Videos

Kennedy proposes income tax cut in 1962 2:04

Kennedy proposes income tax cut in 1962

Bannon out days after Trump defended him 0:45

Bannon out days after Trump defended him

How bots are taking over our lives  1:41

How bots are taking over our lives

Sessions defends Comey firing, denies Russia collusion 2:07

Sessions defends Comey firing, denies Russia collusion

Bannon tells California Republicans that nothing is more important than winning 0:54

Bannon tells California Republicans that nothing is more important than winning

Kelly ‘stunned’ by Congresswoman’s reaction to President’s call to widow 3:18

Kelly ‘stunned’ by Congresswoman’s reaction to President’s call to widow

Recording sheds light on Cuba sonic attacks targeting US workers 1:56

Recording sheds light on Cuba sonic attacks targeting US workers

Trump denies account of call with soldier's widow 2:34

Trump denies account of call with soldier's widow

NFL Commissioner: ‘We believe that everyone should stand for the national anthem’ 2:26

NFL Commissioner: ‘We believe that everyone should stand for the national anthem’

Feinstein introduces legislation to close 'automatic weapons loophole' after Las Vegas shooting 1:44

Feinstein introduces legislation to close 'automatic weapons loophole' after Las Vegas shooting

  • Kennedy proposes income tax cut in 1962

    President John F. Kennedy advocated for an income tax cut in this newsreel from August 1962 ahead of outlining his plan before Congress in January 1963. In 2017, a conservative group used part of Kennedy speaking about the tax cuts in a 30-second ad aimed at pressing three Democratic senators to embrace the Republican-led push for a tax overhaul.