President Donald J. Trump Touts Energy Savings, Tax Relief and Major Investments During Visit to Corpus Christi. 

President Donald J. Trump Touts Energy Savings, Tax Relief and Major Investments During Visit to Corpus Christi.

 

Corpus Christi, Texas:

 

President Donald J. Trump on Friday highlighted what he described as strong economic momentum in Texas, pointing to lower energy prices, tax relief for working families, tougher immigration enforcement, and billions of dollars in private-sector investment as evidence that his administration’s policies are delivering tangible results for Texans.

During his visit to Corpus Christi, the President said the state is “thriving under Republican leadership,” crediting what he called American energy dominance, pro-growth tax reforms, and border security efforts for improving economic conditions.

Lower Energy Prices

According to figures cited by the administration, the average price for regular gasoline in Texas stands at approximately $2.60 per gallon — more than $2 below its previous record high during the Biden administration. Diesel prices have also fallen significantly from prior peaks.

Officials said the drop in fuel costs is helping families manage household expenses and lowering transportation costs for businesses statewide.

Tax Cuts and Wage Growth

The White House attributed increased take-home pay to the Working Families Tax Cuts Act, passed with Republican support. Administration estimates suggest the average Texas family is saving roughly $4,009 in taxes this year, with projected wage growth of up to $6,900 per worker over the next several years.

Officials also stated that tax reforms are expected to protect approximately 580,000 Texas jobs in the coming years. Additionally, more than $281 million in federal support has been directed toward rural health care initiatives in Texas.

Housing and Cost of Living

The administration noted that overall home prices in Texas have declined by 2.4% over the past year. In major metro areas, median listing prices have reportedly fallen by nearly 4% in the Dallas-Fort Worth region, 3% in Houston, and 8% in Austin.

Rent prices have also decreased in several cities, including Austin, San Antonio, Waco, McAllen, Brownsville, Corpus Christi, Dallas, Houston, and El Paso.

Officials linked housing affordability trends in part to stricter immigration enforcement policies. The administration reported recent arrests in Harris and Tarrant counties involving undocumented immigrants with prior criminal convictions, stating that thousands of individuals with criminal records have been removed from Texas communities.

Billions in Private-Sector Investment

President Trump also highlighted major corporate investment commitments across the state:

  • MP Materials announced a $1.25 billion rare earth magnet manufacturing campus in Northlake, expected to create more than 1,500 jobs.
  • Apple Inc. is shifting some Mac Mini production to Texas.
  • FiberLight is investing nearly $500 million in high-capacity network infrastructure in West Texas.
  • Google plans to invest $40 billion in Texas, including energy and power generation initiatives.
  • Abbott Laboratories is expanding manufacturing and research operations, adding jobs at its Irving facility.
  • Texas Instruments is investing more than $60 billion across manufacturing sites in Texas and Utah.
  • Nvidia pledged $500 billion in U.S. AI infrastructure investment over four years, including plans for two factories in Texas.
  • CesiumAstro is launching a $500 million expansion in Bee Cave, adding more than 500 jobs.
  • NRG Energy is investing $617 million in a new natural gas facility at its Greens Bayou plant in Houston.
  • Eli Lilly and Company announced a $6.5 billion manufacturing facility in Houston, projected to create 615 high-wage jobs.

Looking Ahead

President Trump said the administration remains focused on expanding domestic energy production, strengthening border security, and fostering business investment to ensure continued economic growth in Texas and nationwide.

“This is just the beginning,” the President said, adding that further initiatives are underway to build on what he described as a period of renewed economic strength.

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