Mitt Romney official US Senate portrait
Willard(Mitt) M. Romney
President Barack Obama
Barack H. Obama
Biden 2013
Joseph(Joe) R. Biden
Paul Ryan, 113th Congress
Paul D. Ryan
Arguments Table
Speech Name Component Year Date
Good evening from the campus of Lynn University here in Boca Raton, Florida. Bob Schieffer O 2012 22 Oct 2012
This is the fourth and last debate of the 2012 campaign, brought to you by the Commission on Presidential Debates. Bob Schieffer O 2012 22 Oct 2012
This one's on foreign policy. Bob Schieffer O 2012 22 Oct 2012
I'm Bob Schieffer of CBS News. Bob Schieffer O 2012 22 Oct 2012
The questions are mine, and I have not shared them with the candidates or their aides. Bob Schieffer O 2012 22 Oct 2012
The audience has taken a vow of silence -- no applause, no reaction of any kind, except right now when we welcome President Barack Obama and Governor Mitt Romney. Bob Schieffer O 2012 22 Oct 2012
(APPLAUSE) Gentlemen, your campaigns have agreed to certain rules and they are simple. Bob Schieffer O 2012 22 Oct 2012
They've asked me to divide the evening into segments. Bob Schieffer O 2012 22 Oct 2012
I'll pose a question at the beginning of each segment. Bob Schieffer O 2012 22 Oct 2012
You will each have two minutes to respond and then we will have a general discussion until we move to the next segment. Bob Schieffer O 2012 22 Oct 2012
Tonight's debate, as both of you know, comes on the 50th anniversary of the night that President Kennedy told the world that the Soviet Union had installed nuclear missiles in Cuba, perhaps the closest we've ever come to nuclear war. Bob Schieffer Premise 2012 22 Oct 2012
And it is a sobering reminder that every president faces at some point an unexpected threat to our national security from abroad. Bob Schieffer Claim 2012 22 Oct 2012
So let's begin. Bob Schieffer O 2012 22 Oct 2012
The first segment is the challenge of a changing Middle East and the new face of terrorism. Bob Schieffer O 2012 22 Oct 2012
I'm going to put this into two segments so you'll have two topic questions within this one segment on the subject. Bob Schieffer O 2012 22 Oct 2012
The first question, and it concerns Libya. Bob Schieffer O 2012 22 Oct 2012
The controversy over what happened there continues. Bob Schieffer Claim 2012 22 Oct 2012
Four Americans are dead, including an American ambassador. Bob Schieffer Premise 2012 22 Oct 2012
Questions remain. Bob Schieffer Premise 2012 22 Oct 2012
What happened? Bob Schieffer O 2012 22 Oct 2012
What caused it? Bob Schieffer O 2012 22 Oct 2012
Was it spontaneous? Bob Schieffer O 2012 22 Oct 2012
Was it an intelligence failure? Bob Schieffer O 2012 22 Oct 2012
Was it a policy failure? Bob Schieffer O 2012 22 Oct 2012
Was there an attempt to mislead people about what really happened? Bob Schieffer O 2012 22 Oct 2012
Governor Romney, you said this was an example of an American policy in the Middle East that is unraveling before our very eyes. Bob Schieffer O 2012 22 Oct 2012
I'd like to hear each of you give your thoughts on that. Bob Schieffer O 2012 22 Oct 2012
Governor Romney, you won the toss. Bob Schieffer O 2012 22 Oct 2012
You go first. Bob Schieffer O 2012 22 Oct 2012
Thank you, Bob. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And thank you for agreeing to moderate this debate this evening. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Thank you to Lynn University for welcoming us here. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And Mr. President, it's good to be with you again. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We were together at a humorous event a little earlier, and it's nice to maybe funny this time, not on purpose. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We'll see what happens. Willard(Mitt) M. Romney O 2012 22 Oct 2012
This is obviously an area of great concern to the entire world, and to America in particular, which is to see a -- a complete change in the -- the structure and the -- the environment in the Middle East. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
With the Arab Spring, came a great deal of hope that there would be a change towards more moderation, and opportunity for greater participation on the part of women in public life, and in economic life in the Middle East. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But instead, we've seen in nation after nation, a number of disturbing events. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Of course we see in Syria, 30,000 civilians having been killed by the military there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We see in -- in Libya, an attack apparently by, I think we know now, by terrorists of some kind against -- against our people there, four people dead. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Our hearts and -- and minds go out to them. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Mali has been taken over, the northern part of Mali by al-Qaeda type individuals. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We have in -- in Egypt, a Muslim Brotherhood president. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And so what we're seeing is a pretty dramatic reversal in the kind of hopes we had for that region. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Of course the greatest threat of all is Iran, four years closer to a nuclear weapon. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And -- and we're going to have to recognize that we have to do as the president has done. Willard(Mitt) M. Romney O 2012 22 Oct 2012
I congratulate him on -- on taking out Osama bin Laden and going after the leadership in al-Qaeda. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But we can't kill our way out of this mess. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're going to have to put in place a very comprehensive and robust strategy to help the -- the world of Islam and other parts of the world, reject this radical violent extremism, which is -- it's certainly not on the run. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
It's certainly not hiding. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
This is a group that is now involved in 10 or 12 countries, and it presents an enormous threat to our friends, to the world, to America, long term, and we must have a comprehensive strategy to help reject this kind of extremism. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Mr. President? Bob Schieffer O 2012 22 Oct 2012
Well, my first job as commander in chief, Bob, is to keep the American people safe. Barack H. Obama Premise 2012 22 Oct 2012
And that's what we've done over the last four years. Barack H. Obama Claim 2012 22 Oct 2012
We ended the war in Iraq, refocused our attention on those who actually killed us on 9/11. Barack H. Obama Premise 2012 22 Oct 2012
And as a consequence, Al Qaeda's core leadership has been decimated. Barack H. Obama Premise 2012 22 Oct 2012
In addition, we're now able to transition out of Afghanistan in a responsible way, making sure that Afghans take responsibility for their own security. Barack H. Obama Premise 2012 22 Oct 2012
And that allows us also to rebuild alliances and make friends around the world to combat future threats. Barack H. Obama Premise 2012 22 Oct 2012
Now with respect to Libya, as I indicated in the last debate, when we received that phone call, I immediately made sure that, number one, that we did everything we could to secure those Americans who were still in harm's way; number two, that we would investigate exactly what happened, and number three, most importantly, that we would go after those who killed Americans and we would bring them to justice. Barack H. Obama Premise 2012 22 Oct 2012
And that's exactly what we're going to do. Barack H. Obama Claim 2012 22 Oct 2012
But I think it's important to step back and think about what happened in Libya. Barack H. Obama Claim 2012 22 Oct 2012
Keep in mind that I and Americans took leadership in organizing an international coalition that made sure that we were able to, without putting troops on the ground at the cost of less than what we spent in two weeks in Iraq, liberate a country that had been under the yoke of dictatorship for 40 years. Barack H. Obama Premise 2012 22 Oct 2012
Got rid of a despot who had killed Americans and as a consequence, despite this tragedy, you had tens of thousands of Libyans after the events in Benghazi marching and saying America is our friend. Barack H. Obama Premise 2012 22 Oct 2012
We stand with them. Barack H. Obama Claim 2012 22 Oct 2012
Now that represents the opportunity we have to take advantage of. Barack H. Obama Claim 2012 22 Oct 2012
And, you know, Governor Romney, I'm glad that you agree that we have been successful in going after Al Qaida, but I have to tell you that, you know, your strategy previously has been one that has been all over the map and is not designed to keep Americans safe or to build on the opportunities that exist in the Middle East. Barack H. Obama O 2012 22 Oct 2012
Well, my strategy is pretty straightforward, which is to go after the bad guys, to make sure we do our very best to interrupt them, to -- to kill them, to take them out of the picture. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But my strategy is broader than that. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That's -- that's important, of course. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But the key that we're going to have to pursue is a -- is a pathway to get the Muslim world to be able to reject extremism on its own. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We don't want another Iraq, we don't want another Afghanistan. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That's not the right course for us. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
The right course for us is to make sure that we go after the -- the people who are leaders of these various anti-American groups and these -- these jihadists, but also help the Muslim world. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And how do we do that? Willard(Mitt) M. Romney O 2012 22 Oct 2012
A group of Arab scholars came together, organized by the U.N., to look at how we can help the -- the world reject these -- these terrorists. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And the answer they came up with was this: One, more economic development. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We should key our foreign aid, our direct foreign investment, and that of our friends, we should coordinate it to make sure that we -- we push back and give them more economic development. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Number two, better education. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Number three, gender equality. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Number four, the rule of law. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We have to help these nations create civil societies. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But what's been happening over the last couple of years is, as we've watched this tumult in the Middle East, this rising tide of chaos occur, you see Al Qaida rushing in, you see other jihadist groups rushing in. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And -- and they're throughout many nations in the Middle East. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's wonderful that Libya seems to be making some progress, despite this terrible tragedy. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But next door, of course, we have Egypt. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Libya's 6 million population; Egypt, 80 million population. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We want -- we want to make sure that we're seeing progress throughout the Middle East. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
With Mali now having North Mali taken over by Al Qaida; with Syria having Assad continuing to -- to kill, to murder his own people, this is a region in tumult. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And, of course, Iran on the path to a nuclear weapon, we've got real (inaudible). Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We'll get to that, but let's give the president a chance. Bob Schieffer O 2012 22 Oct 2012
Governor Romney, I'm glad that you recognize that Al Qaida is a threat, because a few months ago when you were asked what's the biggest geopolitical threat facing America, you said Russia, not Al Qaida; you said Russia, in the 1980s, they're now calling to ask for their foreign policy back because, you know, the Cold War's been over for 20 years. Barack H. Obama Claim 2012 22 Oct 2012
But Governor, when it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s. Barack H. Obama Claim 2012 22 Oct 2012
You say that you're not interested in duplicating what happened in Iraq. Barack H. Obama Premise 2012 22 Oct 2012
But just a few weeks ago, you said you think we should have more troops in Iraq right now. Barack H. Obama Premise 2012 22 Oct 2012
And the -- the challenge we have -- I know you haven't been in a position to actually execute foreign policy -- but every time you've offered an opinion, you've been wrong. Barack H. Obama O 2012 22 Oct 2012
You said we should have gone into Iraq, despite that fact that there were no weapons of mass destruction. Barack H. Obama Premise 2012 22 Oct 2012
You said that we should still have troops in Iraq to this day. Barack H. Obama Premise 2012 22 Oct 2012
You indicated that we shouldn't be passing nuclear treaties with Russia despite the fact that 71 senators, Democrats and Republicans, voted for it. Barack H. Obama Premise 2012 22 Oct 2012
You said that, first, we should not have a timeline in Afghanistan. Barack H. Obama Premise 2012 22 Oct 2012
Then you said we should. Barack H. Obama Premise 2012 22 Oct 2012
Now you say maybe or it depends, which means not only were you wrong, but you were also confusing in sending mixed messages both to our troops and our allies. Barack H. Obama Claim 2012 22 Oct 2012
So, what -- what we need to do with respect to the Middle East is strong, steady leadership, not wrong and reckless leadership that is all over the map. Barack H. Obama Claim 2012 22 Oct 2012
And unfortunately, that's the kind of opinions that you've offered throughout this campaign, and it is not a recipe for American strength, or keeping America safe over the long haul. Barack H. Obama Claim 2012 22 Oct 2012
I'm going to add a couple of minutes here to give you a chance to respond. Bob Schieffer O 2012 22 Oct 2012
Well, of course I don't concur with what the president said about my own record and the things that I've said. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They don't happen to be accurate. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But -- but I can say this, that we're talking about the Middle East and how to help the Middle East reject the kind of terrorism we're seeing, and the rising tide of tumult and -- and confusion. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And -- and attacking me is not an agenda. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Attacking me is not talking about how we're going to deal with the challenges that exist in the Middle East, and take advantage of the opportunity there, and stem the tide of this violence. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But I'll respond to a couple of things that you mentioned. Willard(Mitt) M. Romney O 2012 22 Oct 2012
First of all, Russia I indicated is a geopolitical foe. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Not... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Excuse me. Willard(Mitt) M. Romney O 2012 22 Oct 2012
It's a geopolitical foe, and I said in the same -- in the same paragraph I said, and Iran is the greatest national security threat we face. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Russia does continue to battle us in the U.N. time and time again. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I have clear eyes on this. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I'm not going to wear rose-colored glasses when it comes to Russia, or Mr. Putin. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I'm certainly not going to say to him, I'll give you more flexibility after the election. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
After the election, he'll get more backbone. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Number two, with regards to Iraq, you and I agreed I believe that there should be a status of forces agreement. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Oh you didn't? Willard(Mitt) M. Romney O 2012 22 Oct 2012
You didn't want a status of... Willard(Mitt) M. Romney O 2012 22 Oct 2012
What I would not have had done was left 10,000 troops in Iraq that would tie us down. Barack H. Obama Claim 2012 22 Oct 2012
And that certainly would not help us in the Middle East. Barack H. Obama Premise 2012 22 Oct 2012
I'm sorry, you actually -- there was a -- there was an effort on the part of the president to have a status of forces agreement, and I concurred in that, and said that we should have some number of troops that stayed on. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That was something I concurred with... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Governor... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...that your posture. Willard(Mitt) M. Romney O 2012 22 Oct 2012
That was my posture as well. Willard(Mitt) M. Romney O 2012 22 Oct 2012
You thought it should have been 5,000 troops... (CROSSTALK) Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Governor? Barack H. Obama O 2012 22 Oct 2012
... Willard(Mitt) M. Romney O 2012 22 Oct 2012
I thought there should have been more troops, but you know what? Willard(Mitt) M. Romney O 2012 22 Oct 2012
The answer was we got... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
... no troops through whatsoever. Willard(Mitt) M. Romney O 2012 22 Oct 2012
This was just a few weeks ago that you indicated that we should still have troops in Iraq. Barack H. Obama Claim 2012 22 Oct 2012
No, I... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
...I'm sorry that's a... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
You -- you... Barack H. Obama O 2012 22 Oct 2012
...that's a -- I indicated... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
...major speech. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...I indicated that you failed to put in place a status... (CROSSTALK) Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Governor? Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...of forces agreement at the end of the conflict that existed. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Governor -- here -- here's -- here's one thing... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...here's one thing I've learned as commander in chief. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
Let him answer... Bob Schieffer O 2012 22 Oct 2012
You've got to be clear, both to our allies and our enemies, about where you stand and what you mean. Barack H. Obama Premise 2012 22 Oct 2012
You just gave a speech a few weeks ago in which you said we should still have troops in Iraq. Barack H. Obama Claim 2012 22 Oct 2012
That is not a recipe for making sure that we are taking advantage of the opportunities and meeting the challenges of the Middle East. Barack H. Obama Claim 2012 22 Oct 2012
Now, it is absolutely true that we cannot just meet these challenges militarily. Barack H. Obama Claim 2012 22 Oct 2012
And so what I've done throughout my presidency and will continue to do is, number one, make sure that these countries are supporting our counterterrorism efforts. Barack H. Obama Claim 2012 22 Oct 2012
Number two, make sure that they are standing by our interests in Israel's security, because it is a true friend and our greatest ally in the region. Barack H. Obama Claim 2012 22 Oct 2012
Number three, we do have to make sure that we're protecting religious minorities and women because these countries can't develop unless all the population, not just half of it, is developing. Barack H. Obama Premise 2012 22 Oct 2012
Number four, we do have to develop their economic -- their economic capabilities. Barack H. Obama Claim 2012 22 Oct 2012
But number five, the other thing that we have to do is recognize that we can't continue to do nation building in these regions. Barack H. Obama Claim 2012 22 Oct 2012
Part of American leadership is making sure that we're doing nation building here at home. Barack H. Obama Premise 2012 22 Oct 2012
That will help us maintain the kind of American leadership that we need. Barack H. Obama Premise 2012 22 Oct 2012
Let me interject the second topic question in this segment about the Middle East and so on, and that is, you both mentioned -- alluded to this, and that is Syria. Bob Schieffer O 2012 22 Oct 2012
The war in Syria has now spilled over into Lebanon. Bob Schieffer O 2012 22 Oct 2012
We have, what, more than 100 people that were killed there in a bomb. Bob Schieffer O 2012 22 Oct 2012
There were demonstrations there, eight people dead. Bob Schieffer O 2012 22 Oct 2012
Mr. President, it's been more than a year since you saw -- you told Assad he had to go. Bob Schieffer O 2012 22 Oct 2012
Since then, 30,000 Syrians have died. Bob Schieffer O 2012 22 Oct 2012
We've had 300,000 refugees. Bob Schieffer O 2012 22 Oct 2012
The war goes on. Bob Schieffer O 2012 22 Oct 2012
He's still there. Bob Schieffer O 2012 22 Oct 2012
Should we reassess our policy and see if we can find a better way to influence events there? Bob Schieffer O 2012 22 Oct 2012
Or is that even possible? Bob Schieffer O 2012 22 Oct 2012
And you go first, sir. Bob Schieffer O 2012 22 Oct 2012
What we've done is organize the international community, saying Assad has to go. Barack H. Obama Premise 2012 22 Oct 2012
We've mobilized sanctions against that government. Barack H. Obama Premise 2012 22 Oct 2012
We have made sure that they are isolated. Barack H. Obama Premise 2012 22 Oct 2012
We have provided humanitarian assistance and we are helping the opposition organize, and we're particularly interested in making sure that we're mobilizing the moderate forces inside of Syria. Barack H. Obama Premise 2012 22 Oct 2012
But ultimately, Syrians are going to have to determine their own future. Barack H. Obama Claim 2012 22 Oct 2012
And so everything we're doing, we're doing in consultation with our partners in the region, including Israel which obviously has a huge interest in seeing what happens in Syria; coordinating with Turkey and other countries in the region that have a great interest in this. Barack H. Obama Premise 2012 22 Oct 2012
This -- what we're seeing taking place in Syria is heartbreaking, and that's why we are going to do everything we can to make sure that we are helping the opposition. Barack H. Obama Claim 2012 22 Oct 2012
But we also have to recognize that, you know, for us to get more entangled militarily in Syria is a serious step, and we have to do so making absolutely certain that we know who we are helping; that we're not putting arms in the hands of folks who eventually could turn them against us or allies in the region. Barack H. Obama Claim 2012 22 Oct 2012
And I am confident that Assad's days are numbered. Barack H. Obama Claim 2012 22 Oct 2012
But what we can't do is to simply suggest that, as Governor Romney at times has suggested, that giving heavy weapons, for example, to the Syrian opposition is a simple proposition that would lead us to be safer over the long term. Barack H. Obama Claim 2012 22 Oct 2012
Governor? Barack H. Obama O 2012 22 Oct 2012
Well, let's step back and talk about what's happening in Syria and how important it is. Willard(Mitt) M. Romney O 2012 22 Oct 2012
First of all, 30,000 people being killed by their government is a humanitarian disaster. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Secondly, Syria is an opportunity for us because Syria plays an important role in the Middle East, particularly right now. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Syria is Iran's only ally in the Arab world. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's their route to the sea. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's the route for them to arm Hezbollah in Lebanon, which threatens, of course, our ally, Israel. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And so seeing Syria remove Assad is a very high priority for us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Number two, seeing a -- a replacement government being responsible people is critical for us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And finally, we don't want to have military involvement there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We don't want to get drawn into a military conflict. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And so the right course for us, is working through our partners and with our own resources, to identify responsible parties within Syria, organize them, bring them together in a -- in a form of -- if not government, a form of -- of -- of council that can take the lead in Syria. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And then make sure they have the arms necessary to defend themselves. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We do need to make sure that they don't have arms that get into the -- the wrong hands. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Those arms could be used to hurt us down the road. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We need to make sure as well that we coordinate this effort with our allies, and particularly with -- with Israel. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But the Saudi's and the Qatari, and -- and the Turks are all very concerned about this. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They're willing to work with us. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We need to have a very effective leadership effort in Syria, making sure that the -- the insurgent there are armed and that the insurgents that become armed, are people who will be the responsible parties. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Recognize -- I believe that Assad must go. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I believe he will go. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But I believe -- we want to make sure that we have the relationships of friendship with the people that take his place, steps that in the years to come we see Syria as a -- as a friend, and Syria as a responsible party in the Middle East. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This -- this is a critical opportunity for America. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And what I'm afraid of is we've watched over the past year or so, first the president saying, well we'll let the U.N. deal with it. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And Assad -- excuse me, Kofi Annan came in and said we're going to try to have a ceasefire. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That didn't work. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Then it went to the Russians and said, let's see if you can do something. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We should be playing the leadership role there, not on the ground with military. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
...by the leadership role. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We are playing the leadership role. Barack H. Obama Claim 2012 22 Oct 2012
We organized the Friends of Syria. Barack H. Obama Premise 2012 22 Oct 2012
We are mobilizing humanitarian support, and support for the opposition. Barack H. Obama Premise 2012 22 Oct 2012
And we are making sure that those we help are those who will be friends of ours in the long term and friends of our allies in the region over the long term. Barack H. Obama Premise 2012 22 Oct 2012
But going back to Libya -- because this is an example of how we make choices. Barack H. Obama Premise 2012 22 Oct 2012
When we went in to Libya, and we were able to immediately stop the massacre there, because of the unique circumstances and the coalition that we had helped to organize. Barack H. Obama Premise 2012 22 Oct 2012
We also had to make sure that Moammar Gadhafi didn't stay there. Barack H. Obama Premise 2012 22 Oct 2012
And to the governor's credit, you supported us going into Libya and the coalition that we organized. Barack H. Obama Premise 2012 22 Oct 2012
But when it came time to making sure that Gadhafi did not stay in power, that he was captured, Governor, your suggestion was that this was mission creep, that this was mission muddle. Barack H. Obama Premise 2012 22 Oct 2012
Imagine if we had pulled out at that point. Barack H. Obama Premise 2012 22 Oct 2012
You know, Moammar Gadhafi had more American blood on his hands than any individual other than Osama bin Laden. Barack H. Obama Premise 2012 22 Oct 2012
And so we were going to make sure that we finished the job. Barack H. Obama Premise 2012 22 Oct 2012
That's part of the reason why the Libyans stand with us. Barack H. Obama Premise 2012 22 Oct 2012
But we did so in a careful, thoughtful way, making certain that we knew who we were dealing with, that those forces of moderation on the ground were ones that we could work with, and we have to take the same kind of steady, thoughtful leadership when it comes to Syria. Barack H. Obama Premise 2012 22 Oct 2012
That's exactly what we're doing. Barack H. Obama Claim 2012 22 Oct 2012
Governor, can I just ask you, would you go beyond what the administration would do, like for example, would you put in no-fly zones over Syria? Bob Schieffer O 2012 22 Oct 2012
I don't want to have our military involved in Syria. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I don't think there is a necessity to put our military in Syria at this stage. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I don't anticipate that in the future. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
As I indicated, our objectives are to replace Assad and to have in place a new government which is friendly to us, a responsible government, if possible. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And I want to make sure they get armed and they have the arms necessary to defend themselves, but also to remove -- to remove Assad. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But I do not want to see a military involvement on the part of our -- of our troops. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Well -- Bob Schieffer O 2012 22 Oct 2012
And this isn't -- this isn't going to be necessary. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We -- we have, with our partners in the region, we have sufficient resources to support those groups. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But look, this has been going on for a year. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This is a time -- this should have been a time for American leadership. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We should have taken a leading role, not militarily, but a leading role organizationally, governmentally to bring together the parties; to find responsible parties. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
As you hear from intelligence sources even today, the -- the insurgents are highly disparate. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They haven't come together. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They haven't formed a unity group, a council of some kind. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That needs to happen. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
America can help that happen. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And we need to make sure they have the arms they need to carry out the very important role which is getting rid of Assad. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Can we get a quick response, Mr. President, because I want to... (CROSSTALK) Bob Schieffer O 2012 22 Oct 2012
Well, I'll -- I'll be very quick. Barack H. Obama O 2012 22 Oct 2012
What you just heard Governor Romney said is he doesn't have different ideas. Barack H. Obama Premise 2012 22 Oct 2012
And that's because we're doing exactly what we should be doing to try to promote a moderate Syrian leadership and a -- an effective transition so that we get Assad out. Barack H. Obama Claim 2012 22 Oct 2012
That's the kind of leadership we've shown. Barack H. Obama Premise 2012 22 Oct 2012
That's the kind of leadership we'll continue to show. Barack H. Obama Claim 2012 22 Oct 2012
May I ask you, you know, during the Egyptian turmoil, there came a point when you said it was time for President Mubarak to go. Bob Schieffer O 2012 22 Oct 2012
Right. Barack H. Obama O 2012 22 Oct 2012
Some in your administration thought perhaps we should have waited a while on that. Bob Schieffer O 2012 22 Oct 2012
Do you have any regrets about that? Bob Schieffer O 2012 22 Oct 2012
No, I don't, because I think that America has to stand with democracy. Barack H. Obama O 2012 22 Oct 2012
The notion that we would have tanks run over those young people who were in Tahrir Square, that is not the kind of American leadership that John F. Kennedy talked about 50 years ago. Barack H. Obama Premise 2012 22 Oct 2012
But what I've also said is that now that you have a democratically elected government in Egypt, that they have to make sure that they take responsibility for protecting religious minorities. Barack H. Obama O 2012 22 Oct 2012
And we have put significant pressure on them to make sure they're doing that; to recognize the rights of women, which is critical throughout the region. Barack H. Obama O 2012 22 Oct 2012
These countries can't develop if young women are not given the kind of education that they need. Barack H. Obama Premise 2012 22 Oct 2012
They have to abide by their treaty with Israel. Barack H. Obama Claim 2012 22 Oct 2012
That is a red line for us, because not only is Israel's security at stake, but our security is at stake if that unravels. Barack H. Obama Premise 2012 22 Oct 2012
They have to make sure that they're cooperating with us when it comes to counterterrorism. Barack H. Obama Claim 2012 22 Oct 2012
And we will help them with respect to developing their own economy, because ultimately what's going to make the Egyptian revolution successful for the people of Egypt, but also for the world, is if those young people who gathered there are seeing opportunities. Barack H. Obama Premise 2012 22 Oct 2012
Their aspirations are similar to young people's here. Barack H. Obama Claim 2012 22 Oct 2012
They want jobs, they want to be able to make sure their kids are going to a good school. Barack H. Obama Premise 2012 22 Oct 2012
They want to make sure that they have a roof over their heads and that they have the prospects of a better life in the future. Barack H. Obama Premise 2012 22 Oct 2012
And so one of the things that we've been doing is, is, for example, organizing entrepreneurship conferences with these Egyptians to give them a sense of how they can start rebuilding their economy in a way that's noncorrupt, that's transparent. Barack H. Obama Premise 2012 22 Oct 2012
But what is also important for us to understand is, is that for America to be successful in this region there's some things that we're going to have to do here at home as well. Barack H. Obama Claim 2012 22 Oct 2012
You know, one of the challenges over the last decade is we've done experiments in nation building in places like Iraq and Afghanistan and we've neglected, for example, developing our own economy, our own energy sectors, our own education system. Barack H. Obama Premise 2012 22 Oct 2012
And it's very hard for us to project leadership around the world when we're not doing what we need to do... Barack H. Obama Premise 2012 22 Oct 2012
Governor Romney, I want to hear your response to that, but I would just ask you, would you have stuck with Mubarak? Bob Schieffer O 2012 22 Oct 2012
No. Willard(Mitt) M. Romney O 2012 22 Oct 2012
I believe, as the president indicated, and said at the time that I supported his -- his action there. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I felt that -- I wish we'd have had a better vision of the future. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I wish that, looking back at the beginning of the president's term and even further back than that, that we'd have recognized that there was a growing energy and passion for freedom in that part of the world, and that we would have worked more aggressively with our friend and with other friends in the region to have them make the transition towards a more representative form of government, such that it didn't explode in the way that it did. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But once it exploded, I felt the same as the president did, which is these freedom voices and the streets of Egypt, where the people who were speaking of our principles and the President Mubarak had done things which were unimaginable and the idea of him crushing his people was not something that we could possibly support. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Let me step back and talk about what I think our mission has to be in the Middle East and even more broadly, because our purpose is to make sure the world is more -- is peaceful. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We want a peaceful planet. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We want people to be able to enjoy their lives and know they're going to have a bright and prosperous future, not be at war. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That's our purpose. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And the mantle of leadership for the -- promoting the principles of peace has fallen to America. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We didn't ask for it. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But it's an honor that we have it. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But for us to be able to promote those principles of peace requires us to be strong. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And that begins with a strong economy here at home. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Unfortunately, the economy is not stronger. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
When the -- when the president of Iraq -- excuse me, of Iran, Ahmadinejad, says that our debt makes us not a great country, that's a frightening thing. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Former chief of the -- Joint Chiefs of Staff said that -- Admiral Mullen said that our debt is the biggest national security threat we face. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This -- we have weakened our economy. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We need a strong economy. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We need to have as well a strong military. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Our military is second to none in the world. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're blessed with terrific soldiers, and extraordinary technology and intelligence. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But the idea of a trillion dollar in cuts through sequestration and budget cuts to the military would change that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We need to have strong allies. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Our association and connection with our allies is essential to America's strength. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We're the great nation that has allies, 42 allies and friends around the world. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And, finally, we have to stand by our principles. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And if we're strong in each of those things, American influence will grow. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But unfortunately, in nowhere in the world is America's influence will grow. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But unfortunately, in -- nowhere in the world is America's influence greater today than it was four years ago. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
And that's because we've become weaker in each of those four... (CROSSTALK) Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
...you're going to get a chance to respond to that, because that's a perfect segue into our next segment, and that is, what is America's role in the world? Bob Schieffer O 2012 22 Oct 2012
And that is the question. Bob Schieffer O 2012 22 Oct 2012
What do each of you see as our role in the world, and I believe, Governor Romney, it's your chance to go first. Bob Schieffer O 2012 22 Oct 2012
Well I -- I absolutely believe that America has a -- a responsibility, and the privilege of helping defend freedom and promote the principles that -- that make the world more peaceful. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And those principles include human rights, human dignity, free enterprise, freedom of expression, elections. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Because when there are elections, people tend to vote for peace. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They don't vote for war. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
So we want to promote those principles around the world. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We recognize that there are places of conflict in the world. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We want to end those conflicts to the extent humanly possible. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But in order to be able to fulfill our role in the world, America must be strong. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
America must lead. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And for that to happen, we have to strengthen our economy here at home. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
You can't have 23 million people struggling to get a job. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
You can't have an economy that over the last three years keeps slowing down its growth rate. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
You can't have kids coming out of college, half of them can't find a job today, or a job that's commensurate with their college degree. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We have to get our economy going. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And our military, we've got to strengthen our military long-term. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We don't know what the world is going to throw at us down the road. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We -- we make decisions today in the military that -- that will confront challenges we can't imagine. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
In the 2000 debates, there was no mention of terrorism, for instance. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And a year later, 9/11 happened. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
So, we have to make decisions based upon uncertainty, and that means a strong military. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I will not cut our military budget. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have to also stand by our allies. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I -- I think the tension that existed between Israel and the United States was very unfortunate. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I think also that pulling our missile defense program out of Poland in the way we did was also unfortunate in terms of, if you will, disrupting the relationship in some ways that existed between us. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And then, of course, with regards to standing for our principles, when -- when the students took to the streets in Tehran and the people there protested, the Green Revolution occurred, for the president to be silent I thought was an enormous mistake. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have to stand for our principles, stand for our allies, stand for a strong military and stand for a stronger economy. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Mr. President? Bob Schieffer O 2012 22 Oct 2012
America remains the one indispensable nation. Barack H. Obama Premise 2012 22 Oct 2012
And the world needs a strong America, and it is stronger now than when I came into office. Barack H. Obama Claim 2012 22 Oct 2012
Because we ended the war in Iraq, we were able to refocus our attention on not only the terrorist threat, but also beginning a transition process in Afghanistan. Barack H. Obama Premise 2012 22 Oct 2012
It also allowed us to refocus on alliances and relationships that had been neglected for a decade. Barack H. Obama Premise 2012 22 Oct 2012
And Governor Romney, our alliances have never been stronger, in Asia, in Europe, in Africa, with Israel, where we have unprecedented military and intelligence cooperation, including dealing with the Iranian threat. Barack H. Obama Premise 2012 22 Oct 2012
But what we also have been able to do is position ourselves so we can start rebuilding America, and that's what my plan does. Barack H. Obama Premise 2012 22 Oct 2012
Making sure that we're bringing manufacturing back to our shores so that we're creating jobs here, as we've done with the auto industry, not rewarding companies that are shipping jobs overseas. Barack H. Obama Claim 2012 22 Oct 2012
Making sure that we've got the best education system in the world, including retraining our workers for the jobs of tomorrow. Barack H. Obama Claim 2012 22 Oct 2012
Doing everything we can to control our own energy. Barack H. Obama Claim 2012 22 Oct 2012
We've cut our oil imports to the lowest level in two decades because we've developed oil and natural gas. Barack H. Obama Premise 2012 22 Oct 2012
But we also have to develop clean energy technologies that will allow us to cut our exports in half by 2020. Barack H. Obama Claim 2012 22 Oct 2012
That's the kind of leadership that we need to show. Barack H. Obama Claim 2012 22 Oct 2012
And we've got to make sure that we reduce our deficit. Barack H. Obama Claim 2012 22 Oct 2012
Unfortunately, Governor Romney's plan doesn't do it. Barack H. Obama Claim 2012 22 Oct 2012
We've got to do it in a responsible way by cutting out spending we don't need, but also asking the wealthiest to pay a little bit more. Barack H. Obama Claim 2012 22 Oct 2012
That way we can invest in the research and technology that's always kept us at the cutting edge. Barack H. Obama Premise 2012 22 Oct 2012
Now, Governor Romney has taken a different approach throughout this campaign. Barack H. Obama Premise 2012 22 Oct 2012
Both at home and abroad, he has proposed wrong and reckless policies. Barack H. Obama Claim 2012 22 Oct 2012
He's praised George Bush as a good economic steward and Dick Cheney as somebody who's -- who shows great wisdom and judgment. Barack H. Obama Premise 2012 22 Oct 2012
And taking us back to those kinds of strategies that got us into this mess are not the way that we are going to maintain leadership in the 21st century. Barack H. Obama Claim 2012 22 Oct 2012
Governor Romney, "wrong and reckless" policies? Bob Schieffer O 2012 22 Oct 2012
I've got a policy for the future and agenda for the future. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And when it comes to our economy here at home, I know what it takes to create 12 million new jobs and rising take-home pay. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And what we've seen over the last four years is something I don't want to see over the next four years. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The president said by now we'd be a 5.4 percent unemployment. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're 9 million jobs short of that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I will get America working again and see rising take-home pay again, and I'll do it with five simple steps. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Number one, we are going to have North American energy independence. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We're going to do it by taking full advantage of oil, coal, gas, nuclear and our renewables. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Number two, we're going to increase our trade. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Trade grows about 12 percent year. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It doubles about every -- every five or so years. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We can do better than that, particularly in Latin America. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The opportunities for us in Latin America we have just not taken advantage of fully. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
As a matter of fact, Latin America's economy is almost as big as the economy of China. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're all focused on China. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Latin America is a huge opportunity for us -- time zone, language opportunities. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Number three, we're going to have to have training programs that work for our workers and schools that finally put the parents and the teachers and the kids first, and the teachers' unions going to have to go behind. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And then we're going to have to get to a balanced budget. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We can't expect entrepreneurs and businesses large and small to take their life savings or their company's money and invest in America if they think we're headed to the road to Greece. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And that's where we're going right now unless we finally get off this spending and borrowing binge. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I'll get us on track to a balanced budget. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And finally, number five, we've got to champion small business. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Small business is where jobs come from. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Two-thirds of our jobs come from small businesses. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
New business formation is down to the lowest level in 30 years under this administration. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I want to bring it back and get back good jobs and rising take-home pay. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Well, let's talk about what we need to compete. Barack H. Obama O 2012 22 Oct 2012
First of all, Governor Romney talks about small businesses. Barack H. Obama O 2012 22 Oct 2012
But, Governor, when you were in Massachusetts, small businesses development ranked about 48th, I think out of 50 states in Massachusetts, because the policies that you are promoting actually don't help small businesses. Barack H. Obama Premise 2012 22 Oct 2012
And the way you define small businesses includes folks at the very top. Barack H. Obama Premise 2012 22 Oct 2012
And they include you and me. Barack H. Obama Premise 2012 22 Oct 2012
That's not the kind of small business promotion we need. Barack H. Obama Claim 2012 22 Oct 2012
But let's take an example that we know is going to make a difference in the 21st century and that's our education policy. Barack H. Obama Claim 2012 22 Oct 2012
We didn't have a lot of chance to talk about this in the last debate. Barack H. Obama O 2012 22 Oct 2012
You know, under my leadership, what we've done is reformed education, working with governors, 46 states. Barack H. Obama Premise 2012 22 Oct 2012
We've seen progress and gains in schools that were having a terrible time. Barack H. Obama Premise 2012 22 Oct 2012
And they're starting to finally make progress. Barack H. Obama Premise 2012 22 Oct 2012
And what I now want to do is to hire more teachers, especially in math and science, because we know that we've fallen behind when it comes to math and science. Barack H. Obama Claim 2012 22 Oct 2012
And those teachers can make a difference. Barack H. Obama Premise 2012 22 Oct 2012
Now, Governor Romney, when you were asked by teachers whether or not this would help the economy grow, you said this isn't going to help the economy grow. Barack H. Obama Premise 2012 22 Oct 2012
When you were asked about reduced class sizes, you said class sizes don't make a difference. Barack H. Obama Premise 2012 22 Oct 2012
But I tell you, if you talk to teachers, they will tell you it does make a difference. Barack H. Obama Premise 2012 22 Oct 2012
And if we've got math teachers who are able to provide the kind of support that they need for our kids, that's what's going to determine whether or not the new businesses are created here. Barack H. Obama Claim 2012 22 Oct 2012
Companies are going to locate here depending on whether we've got the most highly skilled workforce. Barack H. Obama Premise 2012 22 Oct 2012
And the kinds of budget proposals that you've put forward, when we don't ask either you or me to pay a dime more in terms of reducing the deficit, but instead we slash support for education, that's undermining our long-term competitiveness. Barack H. Obama Premise 2012 22 Oct 2012
That is not good for America's position in the world, and the world notices. Barack H. Obama Claim 2012 22 Oct 2012
Let me get back to foreign policy. Bob Schieffer O 2012 22 Oct 2012
(CROSSTALK) Bob Schieffer O 2012 22 Oct 2012
Can I just get back... Bob Schieffer O 2012 22 Oct 2012
Well -- well, I need to speak a moment... Willard(Mitt) M. Romney O 2012 22 Oct 2012
OK. Bob Schieffer O 2012 22 Oct 2012
... if you'll let me, Bob, just about education... Willard(Mitt) M. Romney O 2012 22 Oct 2012
OK. Bob Schieffer O 2012 22 Oct 2012
... because I'm -- I'm so proud of the state that I had the chance to be governor of. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have every two years tests that look at how well our kids are doing. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Fourth graders and eighth graders are tested in English and math. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
While I was governor, I was proud that our fourth graders came out number one of all 50 states in English, and then also in math. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And our eighth graders number one in English and also in math. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
First time one state had been number one in all four measures. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
How did we do that? Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Well, Republicans and Democrats came together on a bipartisan basis to put in place education principles that focused on having great teachers in the classroom. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Ten years earlier... Barack H. Obama O 2012 22 Oct 2012
And that was -- that was -- that was what allowed us to become the number one state in the nation. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But that was 10 years before you took office. Barack H. Obama Claim 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
And then you cut education spending when you came into office. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
The first -- the first -- the first -- and we kept our schools number one in the nation. Willard(Mitt) M. Romney O 2012 22 Oct 2012
They're still number one today. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
And the principles that we put in place, we also gave kids not just a graduation exam that determined whether they were up to the skills needed to -- to be able compete, but also if they graduated the quarter of their class, they got a four-year tuition- free ride at any Massachusetts public institution of higher learning. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That happened before you came into office. Barack H. Obama Claim 2012 22 Oct 2012
Governor... Bob Schieffer O 2012 22 Oct 2012
That was actually mine, actually, Mr. President. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
You got that fact wrong. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Let me get -- I want to try to shift it, because we have heard some of this in the other debates. Bob Schieffer O 2012 22 Oct 2012
Governor, you say you want a bigger military. Bob Schieffer O 2012 22 Oct 2012
You want a bigger Navy. Bob Schieffer O 2012 22 Oct 2012
You don't want to cut defense spending. Bob Schieffer O 2012 22 Oct 2012
What I want to ask you -- we were talking about financial problems in this country. Bob Schieffer O 2012 22 Oct 2012
Where are you going to get the money? Bob Schieffer O 2012 22 Oct 2012
Well, let's come back and talk about the military, but all the way -- all the way through. Willard(Mitt) M. Romney O 2012 22 Oct 2012
First of all, I'm going through from the very beginning -- we're going to cut about 5 percent of the discretionary budget, excluding military. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That's number one. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But can you do this without driving deeper... (CROSSTALK) Bob Schieffer O 2012 22 Oct 2012
The good news is (inaudible). ROMNEHY O 2012 22 Oct 2012
I'd be happy to have you take a look. ROMNEHY O 2012 22 Oct 2012
Come on our website. ROMNEHY O 2012 22 Oct 2012
You look at how we get to a balanced budget within eight to 10 years. ROMNEHY Claim 2012 22 Oct 2012
We do it by getting -- by reducing spending in a whole series of programs. ROMNEHY Claim 2012 22 Oct 2012
By the way, number one I get rid of is Obamacare. ROMNEHY O 2012 22 Oct 2012
There are a number of things that sound good, but frankly, we just can't afford them. ROMNEHY Premise 2012 22 Oct 2012
And that one doesn't sound good and it's not affordable. ROMNEHY Claim 2012 22 Oct 2012
So I'd get rid of that one from day one. ROMNEHY Claim 2012 22 Oct 2012
To the extent humanly possible, we get that out. ROMNEHY O 2012 22 Oct 2012
We take program after program that we don't absolutely have to have, and we get rid of them. ROMNEHY Claim 2012 22 Oct 2012
Number two, we take some programs that we are doing to keep, like Medicaid, which is a program for the poor; we'll take that healthcare program for the poor and we give it to the states to run because states run these programs more efficiently. ROMNEHY Claim 2012 22 Oct 2012
As a governor, I thought please, give me this program. ROMNEHY Premise 2012 22 Oct 2012
I can run this more efficiently than the federal government and states, by the way, are proving it. ROMNEHY Premise 2012 22 Oct 2012
States like Arizona, Rhode Island have taken these -- these Medicaid dollars; have shown they can run these programs more cost-effectively. ROMNEHY Premise 2012 22 Oct 2012
I want to do those two things and get this -- get this to a balanced budget with eight -- eight to 10 years. ROMNEHY Claim 2012 22 Oct 2012
But the military -- let's get back to the military, though. ROMNEHY O 2012 22 Oct 2012
(CROSSTALK)_SCHIEFFER: That's what I'm trying... (CROSSTALK) NaN O 2012 22 Oct 2012
He should have answered the first question. Barack H. Obama O 2012 22 Oct 2012
Look, Governor Romney's called for $5 trillion of tax cuts that he says he's going to pay for by closing deductions. Barack H. Obama Premise 2012 22 Oct 2012
Now, the math doesn't work, but he continues to claim that he's going to do it. Barack H. Obama Premise 2012 22 Oct 2012
He then wants to spend another $2 trillion on military spending that our military is not asking for. Barack H. Obama Premise 2012 22 Oct 2012
Now, keep in mind that our military spending has gone up every single year that I've been in office. Barack H. Obama Premise 2012 22 Oct 2012
We spend more on our military than the next 10 countries combined; China, Russia, France, the United Kingdom, you name it. Barack H. Obama Premise 2012 22 Oct 2012
The next 10. Barack H. Obama Premise 2012 22 Oct 2012
And what I did was work with our joint chiefs of staff to think about, what are we going to need in the future to make sure that we are safe? Barack H. Obama Premise 2012 22 Oct 2012
And that's the budget that we've put forward. Barack H. Obama Premise 2012 22 Oct 2012
But, what you can't do is spend $2 trillion in additional military spending that the military is not asking for, $5 trillion on tax cuts. Barack H. Obama Claim 2012 22 Oct 2012
You say that you're going to pay for it by closing loopholes and deductions, without naming what those loopholes and deductions are. Barack H. Obama Premise 2012 22 Oct 2012
And then somehow you're also going to deal with the deficit that we've already got. Barack H. Obama Premise 2012 22 Oct 2012
The math simply doesn't work. Barack H. Obama Claim 2012 22 Oct 2012
But when it comes to our military, what we have to think about is not, you know just budgets, we've got to think about capabilities. Barack H. Obama Claim 2012 22 Oct 2012
We need to be thinking about cyber security. Barack H. Obama Premise 2012 22 Oct 2012
We need to be talking about space. Barack H. Obama Premise 2012 22 Oct 2012
That's exactly what our budget does, but it's driven by strategy. Barack H. Obama Claim 2012 22 Oct 2012
It's not driven by politics. Barack H. Obama Claim 2012 22 Oct 2012
It's not driven by members of Congress, and what they would like to see. Barack H. Obama Claim 2012 22 Oct 2012
It's driven by, what are we going to need to keep the American people safe? Barack H. Obama Claim 2012 22 Oct 2012
That's exactly what our budget does, and it also then allows us to reduce our deficit, which is a significant national security concern. Barack H. Obama Claim 2012 22 Oct 2012
Because we've got to make sure that our economy is strong at home so that we can project military power overseas. Barack H. Obama Premise 2012 22 Oct 2012
I'm pleased that I've balanced budgets. Willard(Mitt) M. Romney O 2012 22 Oct 2012
I was on the world of business for 25 years. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
If you didn't balance your budget, you went out of business. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I went into the Olympics that was out of balance, and we got it on balance, and made a success there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I had the chance to be governor of a state. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Four years in a row, Democrats and Republicans came together to balance the budget. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We cut taxes 19 times and balanced our budget. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
The president hasn't balanced a budget yet. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I expect to have the opportunity to do so myself. Willard(Mitt) M. Romney O 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
I'm going to be able to balance the budget. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Let's talk about military spending, and that's this. Willard(Mitt) M. Romney O 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Thirty seconds. Bob Schieffer O 2012 22 Oct 2012
Our Navy is old -- excuse me, our Navy is smaller now than at any time since 1917. Willard(Mitt) M. Romney O 2012 22 Oct 2012
The Navy said they needed 313 ships to carry out their mission. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're now at under 285. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're headed down to the low 200s if we go through a sequestration. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That's unacceptable to me. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I want to make sure that we have the ships that are required by our Navy. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Our Air Force is older and smaller than at any time since it was founded in 1947. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We've changed for the first time since FDR -- since FDR we had the -- we've always had the strategy of saying we could fight in two conflicts at once. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Now we're changing to one conflict. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Look, this, in my view, is the highest responsibility of the President of the United States, which is to maintain the safety of the American people. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And I will not cut our military budget by a trillion dollars, which is a combination of the budget cuts the president has, as well as the sequestration cuts. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That, in my view, is making -- is making our future less certain and less secure. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Bob, I just need to comment on this. Barack H. Obama O 2012 22 Oct 2012
First of all, the sequester is not something that I've proposed. Barack H. Obama Claim 2012 22 Oct 2012
It is something that Congress has proposed. Barack H. Obama Premise 2012 22 Oct 2012
It will not happen. Barack H. Obama Claim 2012 22 Oct 2012
The budget that we are talking about is not reducing our military spending. Barack H. Obama Claim 2012 22 Oct 2012
It is maintaining it. Barack H. Obama Premise 2012 22 Oct 2012
But I think Governor Romney maybe hasn't spent enough time looking at how our military works. Barack H. Obama Claim 2012 22 Oct 2012
You mentioned the Navy, for example, and that we have fewer ships than we did in 1916. Barack H. Obama Premise 2012 22 Oct 2012
Well, Governor, we also have fewer horses and bayonets, because the nature of our military's changed. Barack H. Obama O 2012 22 Oct 2012
We have these things called aircraft carriers, where planes land on them. Barack H. Obama Premise 2012 22 Oct 2012
We have these ships that go underwater, nuclear submarines. Barack H. Obama Premise 2012 22 Oct 2012
And so the question is not a game of Battleship, where we're counting slips. Barack H. Obama Claim 2012 22 Oct 2012
It's what are our capabilities. Barack H. Obama Claim 2012 22 Oct 2012
And so when I sit down with the Secretary of the Navy and the Joint Chiefs of Staff, we determine how are we going to be best able to meet all of our defense needs in a way that also keeps faith with our troops, that also makes sure that our veterans have the kind of support that they need when they come home. Barack H. Obama Premise 2012 22 Oct 2012
And that is not reflected in the kind of budget that you're putting forward because it just doesn't work. Barack H. Obama Claim 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
And, you know, we visited the website quite a bit and it still doesn't work. Barack H. Obama O 2012 22 Oct 2012
A lot to cover. Bob Schieffer O 2012 22 Oct 2012
I'd like -- I'd like to move to the next segment: red lines, Israel and Iran. Bob Schieffer O 2012 22 Oct 2012
Would either of you -- and you'll have two minutes -- and, President Obama, you have the first go at this one -- would either of you be willing to declare that an attack on Israel is an attack on the United States, which, of course, is the same promise that we give to our close allies like Japan. Bob Schieffer O 2012 22 Oct 2012
And if you made such a declaration, would not that deter Iran? Bob Schieffer O 2012 22 Oct 2012
It's certainly deterred the Soviet Union for a long, long time when we made that -- we made -- we made that promise to our allies. Bob Schieffer O 2012 22 Oct 2012
Mr. President? Bob Schieffer O 2012 22 Oct 2012
First of all, Israel is a true friend. Barack H. Obama O 2012 22 Oct 2012
It is our greatest ally in the region. Barack H. Obama Premise 2012 22 Oct 2012
And if Israel is attacked, America will stand with Israel. Barack H. Obama Claim 2012 22 Oct 2012
I've made that clear throughout my presidency. Barack H. Obama Premise 2012 22 Oct 2012
And... Barack H. Obama O 2012 22 Oct 2012
So you're -- you're saying we've already made that declaration. Bob Schieffer O 2012 22 Oct 2012
I will stand with Israel if they are attacked. Barack H. Obama Claim 2012 22 Oct 2012
And this is the reason why, working with Israel, we have created the strongest military and intelligence cooperation between our two countries in history. Barack H. Obama Premise 2012 22 Oct 2012
In fact, this week we'll be carrying out the largest military exercise with Israel in history, this very week. Barack H. Obama Premise 2012 22 Oct 2012
But to the issue of Iran, as long as I'm president of the United States Iran will not get a nuclear weapon. Barack H. Obama Claim 2012 22 Oct 2012
I made that clear when I came into office. Barack H. Obama Premise 2012 22 Oct 2012
We then organized the strongest coalition and the strongest sanctions against Iran in history, and it is crippling their economy. Barack H. Obama Premise 2012 22 Oct 2012
Their currency has dropped 80 percent. Barack H. Obama Premise 2012 22 Oct 2012
Their oil production has plunged to the lowest level since they were fighting a war with Iraq 20 years ago. Barack H. Obama Premise 2012 22 Oct 2012
So their economy is in a shambles. Barack H. Obama Claim 2012 22 Oct 2012
And the reason we did this is because a nuclear Iran is a threat to our national security, and it is a threat to Israel's national security. Barack H. Obama Claim 2012 22 Oct 2012
We cannot afford to have a nuclear arms race in the most volatile region of the world. Barack H. Obama Premise 2012 22 Oct 2012
Iran is a state sponsor of terrorism. Barack H. Obama Premise 2012 22 Oct 2012
And for them to be able to provide nuclear technology to non-state actors, that's unacceptable. Barack H. Obama Claim 2012 22 Oct 2012
And they have said that they want to see Israel wiped off the map. Barack H. Obama Premise 2012 22 Oct 2012
So the work that we've done with respect to sanctions now offers Iran a choice. Barack H. Obama Premise 2012 22 Oct 2012
They can take the diplomatic route and end their nuclear program or they will have to face a united world and a United States president, me, who said we're not going to take any options off the table. Barack H. Obama Claim 2012 22 Oct 2012
The disagreement I have with Governor Romney is that, during the course of this campaign, he's often talked as if we should take premature military action. Barack H. Obama Premise 2012 22 Oct 2012
I think that would be a mistake, because when I've sent young men and women into harm's way, I always understand that that is the last resort, not the first resort. Barack H. Obama Premise 2012 22 Oct 2012
Two minutes. Bob Schieffer O 2012 22 Oct 2012
Well, first of all, I want to underscore the same point the president mad,e which is that if I'm President of the United States, when I'm President of the United States, we will stand with Israel. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And if Israel is attacked, we have their back, not just diplomatically, not just culturally, but militarily. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That's number one. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Number two, with regards to Iran and the threat of Iran, there's no question but that a nuclear Iran, a nuclear-capable Iran is unacceptable to America. Willard(Mitt) M. Romney O 2012 22 Oct 2012
It presents a threat not only to our friends but ultimately a threat to us to have Iran have nuclear material, nuclear weapons that could be used against us or used to be threatening to us. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It is also essential for us to understand what our mission is in Iran, and that is to dissuade Iran from having a nuclear weapon through peaceful and diplomatic means. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And crippling sanctions are something I called for five years ago, when I was in Israel, speaking at the Herzliya Conference. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I laid out seven steps, crippling sanctions were number one. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And they do work. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
You're seeing it right now in the economy. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's absolutely the right thing to do, to have crippling sanctions. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I would have put them in place earlier. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But it's good that we have them. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Number two, something I would add today is I would tighten those sanctions. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I would say that ships that carry Iranian oil, can't come into our ports. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I imagine the E.U. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
would agree with us as well. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Not only ships couldn't, but I'd say companies that are moving their oil can't, people who are trading in their oil can't. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I would tighten those sanctions further. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Secondly, I'd take on diplomatic isolation efforts. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'd make sure that Ahmadinejad is indicted under the Genocide Convention. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
His words amount to genocide incitation. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I would indict him for it. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I would also make sure that their diplomats are treated like the pariah they are around the world. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The same way we treated the apartheid diplomats of South Africa. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We need to increase pressure time, and time again on Iran because anything other than a -- a -- a solution to this, which says -- which stops this -- this nuclear folly of theirs, is unacceptable to America. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And of course, a military action is the last resort. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
It is something one would only - only consider if all of the other avenues had been -- had been tried to their full extent. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Let me ask both of you, there -- as you know, there are reports that Iran and the United States a part of an international group, have agreed in principle to talks about Iran's nuclear program. Bob Schieffer O 2012 22 Oct 2012
What is the deal, if there are such talks? Bob Schieffer O 2012 22 Oct 2012
What is the deal that you would accept, Mr. President? Bob Schieffer O 2012 22 Oct 2012
Well, first of all those are reports in the newspaper. Barack H. Obama O 2012 22 Oct 2012
They are not true. Barack H. Obama Claim 2012 22 Oct 2012
But our goal is to get Iran to recognize it needs to give up its nuclear program and abide by the U.N. resolutions that have been in place. Barack H. Obama Claim 2012 22 Oct 2012
Because they have the opportunity to reenter the community of nations, and we would welcome that. Barack H. Obama Premise 2012 22 Oct 2012
There -- there are people in Iran who have the same aspirations as people all around the world for a better life. Barack H. Obama Premise 2012 22 Oct 2012
And we hope that their leadership takes the right decision, but the deal we'll accept is they end their nuclear program. Barack H. Obama Claim 2012 22 Oct 2012
It's very straightforward. Barack H. Obama O 2012 22 Oct 2012
And I'm glad that Governor Romney agrees with the steps that we're taking. Barack H. Obama O 2012 22 Oct 2012
You know, there have been times, Governor, frankly, during the course of this campaign, where it sounded like you thought that you'd do the same things we did, but you'd say them louder and somehow that -- that would make a difference. Barack H. Obama O 2012 22 Oct 2012
And it turns out that the work involved in setting up these crippling sanctions is painstaking. Barack H. Obama Claim 2012 22 Oct 2012
It's meticulous. Barack H. Obama Claim 2012 22 Oct 2012
We started from the day we got into office. Barack H. Obama Premise 2012 22 Oct 2012
And the reason is was so important -- and this is a testament to how we've restored American credibility and strength around the world -- is we had to make sure that all the countries participated, even countries like Russia and China. Barack H. Obama Premise 2012 22 Oct 2012
Because if it's just us that are imposing sanctions -- we've had sanctions in place a long time. Barack H. Obama O 2012 22 Oct 2012
It's because we got everybody to agree that Iran is seeing so much pressure. Barack H. Obama Claim 2012 22 Oct 2012
And we've got to maintain that pressure. Barack H. Obama Claim 2012 22 Oct 2012
There is a deal to be had, and that is that they abide by the rules that have already been established. Barack H. Obama Premise 2012 22 Oct 2012
They convince the international community they are not pursuing a nuclear program. Barack H. Obama Premise 2012 22 Oct 2012
There are inspections that are very intrusive. Barack H. Obama Premise 2012 22 Oct 2012
But over time, what they can do is regain credibility. Barack H. Obama Premise 2012 22 Oct 2012
In the meantime, though, we're not going to let up the pressure until we have clear evidence that that takes place. Barack H. Obama Claim 2012 22 Oct 2012
And one last thing -- just -- just to make this point. Barack H. Obama O 2012 22 Oct 2012
The clock is ticking. Barack H. Obama Premise 2012 22 Oct 2012
We're not going to allow Iran to perpetually engage in negotiations that lead nowhere. Barack H. Obama Claim 2012 22 Oct 2012
And I've been very clear to them. Barack H. Obama Premise 2012 22 Oct 2012
You know, because of the intelligence coordination that we do with a range of countries, including Israel, we have a sense of when they would get breakout capacity, which means that we would not be able to intervene in time to stop their nuclear program. Barack H. Obama Premise 2012 22 Oct 2012
And that clock is ticking. Barack H. Obama Premise 2012 22 Oct 2012
And we're going to make sure that if they do not meet the demands of the international community, then we are going to take all options necessary to make sure they don't have a nuclear weapon. Barack H. Obama Claim 2012 22 Oct 2012
Governor? Bob Schieffer O 2012 22 Oct 2012
I think from the very beginning, one of the challenges we've had with Iran is that they have looked at this administration, and felt that the administration was not as strong as it needed to be. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I think they saw weakness where they had expected to find American strength. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I say that because from the very beginning, the president in his campaign four years ago, said he would meet with all the world's worst actors in his first year, he'd sit down with Chavez and Kim Jong-il, with Castro and President Ahmadinejad of Iran. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And I think they looked and thought, well, that's an unusual honor to receive from the President of the United States. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And then the president began what I have called an apology tour, of going to various nations in the Middle East and criticizing America. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I think they looked at that and saw weakness. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Then when there were dissidents in the streets of Tehran, a Green Revolution, holding signs saying, is America with us, the president was silent. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I think they noticed that as well. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I think that when the president said he was going to create daylight between ourselves and Israel, that they noticed that as well. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
All of these things suggested, I think, to the Iranian mullahs that, hey, you know, we can keep on pushing along here, we can keep talks going on, we're just going to keep on spinning centrifuges. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Now there are some 10,000 centrifuges spinning uranium, preparing to create a nuclear threat to the United States and to the world. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That's unacceptable for us, and it's essential for a president to show strength from the very beginning, to make it very clear what is acceptable and not acceptable. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And an Iranian nuclear program is not acceptable to us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They must not develop nuclear capability. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And the way to make sure they understand that is by having, from the very beginning, the tightest sanctions possible. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They need to be tightened. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Our diplomatic isolation needs to be tougher. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We need to indict Ahmadinejad. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We need to put the pressure on them as hard as we possibly can, because if we do that, we won't have to take the military action. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Bob, let me just respond. Barack H. Obama O 2012 22 Oct 2012
Nothing Governor Romney just said is true, starting with this notion of me apologizing. Barack H. Obama Claim 2012 22 Oct 2012
This has been probably the biggest whopper that's been told during the course of this campaign. Barack H. Obama Premise 2012 22 Oct 2012
And every fact checker and every reporter who's looked at it, Governor, has said this is not true. Barack H. Obama Premise 2012 22 Oct 2012
And when it comes to tightening sanctions, look, as I said before, we've put in the toughest, most crippling sanctions ever. Barack H. Obama O 2012 22 Oct 2012
And the fact is, while we were coordinating an international coalition to make sure these sanctions were effective, you were still invested in a Chinese state oil company that was doing business with the Iranian oil sector. Barack H. Obama Premise 2012 22 Oct 2012
So I'll let the American people decide, judge, who's going to be more effective and more credible when it comes to imposing crippling sanctions. Barack H. Obama O 2012 22 Oct 2012
And with respect to our attitude about the Iranian revolution, I was very clear about the murderous activities that had taken place and that was contrary to international law and everything that civilized people stand for. Barack H. Obama Claim 2012 22 Oct 2012
And -- and so the strength that we have shown in Iran is shown by the fact that we've been able to mobilize the world. Barack H. Obama Claim 2012 22 Oct 2012
When I came into office, the world was divided. Barack H. Obama Premise 2012 22 Oct 2012
Iran was resurgent. Barack H. Obama Premise 2012 22 Oct 2012
Iran is at its weakest point, economically, strategically, militarily, then since -- then in many years. Barack H. Obama Premise 2012 22 Oct 2012
And we are going to continue to keep the pressure on to make sure that they do not get a nuclear weapon. Barack H. Obama Claim 2012 22 Oct 2012
That's in America's national interest and that will be the case so long as I'm president. Barack H. Obama Claim 2012 22 Oct 2012
We're four years closer to a nuclear Iran. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're four years closer to a nuclear Iran. Willard(Mitt) M. Romney NaN 2012 22 Oct 2012
And -- and -- we should not have wasted these four years to the extent they -- they continue to be able to spin these centrifuges and get that much closer. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That's number one. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Number two, Mr. President, the reason I call it an apology tour is because you went to the Middle East and you flew to Egypt and to Saudi Arabia and to Turkey and Iraq. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And by the way, you skipped Israel, our closest friend in the region, but you went to the other nations. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And by the way, they noticed that you skipped Israel. Willard(Mitt) M. Romney O 2012 22 Oct 2012
And then in those nations, and on Arabic TV, you said that America had been dismissive and derisive. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
You said that on occasion America had dictated to other nations. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Mr. President, America has not dictated to other nations. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have freed other nations from dictators. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Bob, let me -- let me respond. Barack H. Obama O 2012 22 Oct 2012
If we're going to talk about trips that we've taken -- when I was a candidate for office, first trip I took was to visit our troops. Barack H. Obama Premise 2012 22 Oct 2012
And when I went to Israel as a candidate, I didn't take donors. Barack H. Obama Premise 2012 22 Oct 2012
I didn't attend fundraisers. Barack H. Obama Premise 2012 22 Oct 2012
I went to Yad Beshef (ph), the Holocaust museum there, to remind myself the nature of evil and why our bond with Israel will be unbreakable. Barack H. Obama Premise 2012 22 Oct 2012
And then I went down to the border towns of Storok (ph), which had experienced missiles raining dowm from Hamas. Barack H. Obama Premise 2012 22 Oct 2012
And I saw families there who showed me there where missiles had come down near their children's bedrooms. Barack H. Obama Premise 2012 22 Oct 2012
And I was reminded of what that would mean if those were my kids. Barack H. Obama Premise 2012 22 Oct 2012
Which is why as president, we funded an Iron Dome program to stop those missiles. Barack H. Obama Premise 2012 22 Oct 2012
So that's how I've used my travels, when I travel to Israel and when I travel to the region. Barack H. Obama Claim 2012 22 Oct 2012
And the -- the central question at this point is going to be: Who is going to be credible to all parties involved? Barack H. Obama O 2012 22 Oct 2012
And they can look at my track record, whether it's Iran sanctions, whether it's dealing with counterterrorism, whether it's supporting democracy, whether it's supporting women's rights, whether it's supporting religious minorities. Barack H. Obama Premise 2012 22 Oct 2012
And they can say that the President of the United States and the United States of America has stood on the right side of history. Barack H. Obama Claim 2012 22 Oct 2012
And that kind of credibility is precisely why we've been able to show leadership on a wide range of issues facing the world right now. Barack H. Obama Claim 2012 22 Oct 2012
What if -- what if the prime minister of Israel called you on the phone and said, "Our bombers are on the way. Bob Schieffer O 2012 22 Oct 2012
We're going to bomb Iran." Bob Schieffer O 2012 22 Oct 2012
What do you -- Bob Schieffer O 2012 22 Oct 2012
Bob, let's not go into hypotheticals of that nature. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Our relationship with Israel, my relationship with the prime minister of Israel is such that we would not get a call saying our bombers are on the way, or their fighters are on the way. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
This is the kind of thing that would have been discussed and thoroughly evaluated well before that kind of -- (CROSSTALK) Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
So you'd say it just wouldn't happen? Bob Schieffer O 2012 22 Oct 2012
That's -- Bob Schieffer O 2012 22 Oct 2012
OK. Let's see what -- Bob Schieffer O 2012 22 Oct 2012
But let me -- let me come back -- we can come back. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Let's come back to what the president was speaking about, which is what's happening in the world and the president's statement that things are going so well. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Look, I look at what's happening around the world, and i see Iran four years closer to a bomb. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I see the Middle East with a rising tide of violence, chaos, tumult. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I see jihadists continuing to spread, whether they're rising or just about the same level, hard to precisely measure, but it's clear they're there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They're very strong. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I see Syria with 30,000 civilians dead, Assad still in power. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I see our trade deficit with China, larger than it's -- growing larger every year, as a matter of fact. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I look around the world and I don't feel that you see North Korea, continuing to export their nuclear technology, Russia said they're not going to follow Nunn-Lugar any more. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They're back away from a nuclear proliferation treaty that we had with them. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I look around the world, I don't see our influence growing around the world. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I see our influence receding, in part because of the failure of the president to deal with our economic challenges at home; in part because of our withdrawal from our commitment to our military in the way I think it ought to be; in part because of the -- the -- the turmoil with Israel. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I mean, the president received a letter from 38 Democrat senators saying the tensions with Israel were a real problem. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They asked him, please repair the tension -- Democrat senators -- please repair the tension... Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
... the damage in his -- in his own party. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Governor, the problem is, is that on a whole range of issues, whether it's the Middle East, whether it's Afghanistan, whether it's Iraq, whether it's now Iran, you've been all over the map. Barack H. Obama Claim 2012 22 Oct 2012
I mean, I'm -- I'm pleased that you now are endorsing our policy of applying diplomatic pressure and potentially having bilateral discussions with the Iranians to end their nuclear program. Barack H. Obama Premise 2012 22 Oct 2012
But just a few years ago you said that's something you'd never do. Barack H. Obama Premise 2012 22 Oct 2012
In the same way that you initially opposed a timetable in Afghanistan, now you're for it, although it depends. Barack H. Obama Premise 2012 22 Oct 2012
In the same way that you say you would have ended the war in Iraq, but recently gave a speech saying that we should have 20,000 more folks in there. Barack H. Obama Premise 2012 22 Oct 2012
The same way that you said that it was mission creep to go after Gadhafi. Barack H. Obama Premise 2012 22 Oct 2012
When it comes to going after Osama bin Laden, you said, well, any president would make that call. Barack H. Obama Premise 2012 22 Oct 2012
But when you were a candidate in 2008, as I was, and I said if I got bin Laden in our sights I would take that shot, you said we shouldn't move heaven and earth to get one man. Barack H. Obama Premise 2012 22 Oct 2012
And you said we should ask Pakistan for permission. Barack H. Obama Premise 2012 22 Oct 2012
And if we had asked Pakistan permission, we would not have gotten him. Barack H. Obama Claim 2012 22 Oct 2012
And it was worth moving heaven and earth to get him. Barack H. Obama Claim 2012 22 Oct 2012
You know, after we killed bin Laden I was at ground zero for a memorial and talked to a young women who was four years old when 9/11 happened. Barack H. Obama Premise 2012 22 Oct 2012
And the last conversation she had with her father was him calling from the twin towers, saying "Peyton (ph), I love you and I will always watch over you." Barack H. Obama Premise 2012 22 Oct 2012
And for the next decade, she was haunted by that conversation. Barack H. Obama Premise 2012 22 Oct 2012
And she said to me, "You know, by finally getting bin Laden, that brought some closure to me." Barack H. Obama Premise 2012 22 Oct 2012
And when we do things like that -- when we bring those who have harmed us to justice, that sends a message to the world and it tells Peyton (ph) that we did not forget her father. Barack H. Obama Premise 2012 22 Oct 2012
And I make that point because that's the kind of clarity of leadership, and those decisions are not always popular. Barack H. Obama Claim 2012 22 Oct 2012
Those decisions generally -- generally are not poll-tested. Barack H. Obama Premise 2012 22 Oct 2012
And even some in my own party, including my current vice president, had the same critique as you did. Barack H. Obama Premise 2012 22 Oct 2012
But what the American people understand is that I look at what we need to get done to keep the American people safe and to move our interests forward, and I make those decisions. Barack H. Obama Claim 2012 22 Oct 2012
All right, let's go. Bob Schieffer O 2012 22 Oct 2012
And that leads us -- this takes us right to the next segment, Governor, America's longest war, Afghanistan and Pakistan... Bob Schieffer O 2012 22 Oct 2012
Bob... Willard(Mitt) M. Romney O 2012 22 Oct 2012
Governor, you get to go first. Bob Schieffer O 2012 22 Oct 2012
You can't -- but you can't have the president just lay out a whole series of items without giving me a chance to respond. Willard(Mitt) M. Romney O 2012 22 Oct 2012
With respect, sir, you had laid out quite a program... Bob Schieffer O 2012 22 Oct 2012
Well, that's probably true. Willard(Mitt) M. Romney O 2012 22 Oct 2012
We'll give you -- we'll catch up. Bob Schieffer O 2012 22 Oct 2012
The United States is scheduled to turn over responsibility for security in Afghanistan to the Afghan government in 2014. Bob Schieffer O 2012 22 Oct 2012
At that point, we will withdraw our combat troops, leave a smaller force of Americans, if I understand our policy, in Afghanistan for training purposes. Bob Schieffer O 2012 22 Oct 2012
It seems to me the key question here is: What do you do if the deadline arrives and it is obvious the Afghans are unable to handle their security? Bob Schieffer O 2012 22 Oct 2012
Do we still leave? Bob Schieffer O 2012 22 Oct 2012
And I believe, Governor Romney, you go first? Bob Schieffer O 2012 22 Oct 2012
Well, we're going to be finished by 2014, and when I'm president, we'll make sure we bring our troops out by the end of 2014. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The commanders and the generals there are on track to do so. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We've seen progress over the past several years. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
The surge has been successful and the training program is proceeding apace. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
There are now a large number of Afghan Security Forces, 350,000 that are ready to step in to provide security and we're going to be able to make that transition by the end of 2014. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
So our troops will come home at that point. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I can tell you at the same time, that we will make sure that we look at what's happening in Pakistan, and recognize that what's happening in Pakistan is going to have a major impact on the success in Afghanistan. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I say that because I know a lot of people that feel like we should just brush our hands and walk away. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And I don't mean you, Mr. President, but some people in the -- in our nation feel that Pakistan is being nice to us, and that we should walk away fro mthem. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But Pakistan is important to the region, to the world and to us, because Pakistan has 100 nuclear warheads and they're rushing to build a lot more. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They'll have more than Great Britain sometime in the -- in the relatively near future. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They also have the Haqqani Network and the Taliban existent within their country. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And so a Pakistan that falls apart, becomes a failed state, would be of extraordinary danger to Afghanistan and to us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And so we're going to have to remain helpful in encouraging Pakistan to move towards a more stable government and rebuild the relationship with us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And that means that our aid that we provide to Pakistan is going to have to be conditioned upon certain benchmarks being met. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
So for me, I look at this as both a need to help move Pakistan in the right direction, and also to get Afghanistan to be ready, and they will be ready by the end of 2014. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Mr. President? Bob Schieffer O 2012 22 Oct 2012
When I came into office, we were still bogged down in Iraq and Afghanistan had been drifting for a decade. Barack H. Obama Premise 2012 22 Oct 2012
We ended the war in Iraq, refocused our attention on Afghanistan, and we did deliver a surge of troops. Barack H. Obama Premise 2012 22 Oct 2012
That was facilitated in part because we had ended the war in Iraq. Barack H. Obama Premise 2012 22 Oct 2012
And we are now in a position where we have met many of the objectives that got us there in the first place. Barack H. Obama Claim 2012 22 Oct 2012
Part of what had happened is we'd forgotten why we had gone. Barack H. Obama Claim 2012 22 Oct 2012
We went because there were people who were responsible for 3,000 American deaths. Barack H. Obama Premise 2012 22 Oct 2012
And so we decimated Al Qaida's core leadership in the border regions between Afghanistan and Pakistan. Barack H. Obama Premise 2012 22 Oct 2012
We then started to build up Afghan forces. Barack H. Obama Premise 2012 22 Oct 2012
And we're now in a position where we can transition out, because there's no reason why Americans should die when Afghans are perfectly capable of defending their own country. Barack H. Obama Premise 2012 22 Oct 2012
Now, that transition has to take place in a responsible fashion. Barack H. Obama Claim 2012 22 Oct 2012
We've been there a long time, and we've got to make sure that we and our coalition partners are pulling out responsibly and giving Afghans the capabilities that they need. Barack H. Obama Claim 2012 22 Oct 2012
But what I think the American people recognize is after a decade of war it's time to do some nation building here at home. Barack H. Obama Claim 2012 22 Oct 2012
And what we can now do is free up some resources, to, for example, put Americans back to work, especially our veterans, rebuilding our roads, our bridges, our schools, making sure that, you know, our veterans are getting the care that they need when it comes to post-traumatic stress disorder and traumatic brain injury, making sure that the certifications that they need for good jobs of the future are in place. Barack H. Obama Premise 2012 22 Oct 2012
You know, I was having lunch with some -- a veteran in Minnesota who had been a medic dealing with the most extreme circumstances. Barack H. Obama Premise 2012 22 Oct 2012
When he came home and he wanted to become a nurse, he had to start from scratch. Barack H. Obama Premise 2012 22 Oct 2012
And what we've said is let's change those certifications. Barack H. Obama O 2012 22 Oct 2012
The first lady has done great work with an organization called Joining Forces putting our veterans back to work. Barack H. Obama Premise 2012 22 Oct 2012
And as a consequence, veterans' unemployment is actually now lower than general population. Barack H. Obama Claim 2012 22 Oct 2012
It was higher when I came into office. Barack H. Obama Premise 2012 22 Oct 2012
So those are the kinds of things that we can now do because we're making that transition in Afghanistan. Barack H. Obama Claim 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
Let me go to Governor Romney because you talked about Pakistan and what needs to be done there. Bob Schieffer O 2012 22 Oct 2012
General Allen, our commander in Afghanistan, says that Americans continue to die at the hands of groups who are supported by Pakistan. Bob Schieffer O 2012 22 Oct 2012
We know that Pakistan has arrested the doctor who helped us catch Obama (sic) bin Laden. Bob Schieffer O 2012 22 Oct 2012
It still provides safe haven for terrorists, yet we continue to give Pakistan billions of dollars. Bob Schieffer O 2012 22 Oct 2012
Is it time for us to divorce Pakistan? Bob Schieffer O 2012 22 Oct 2012
No, it's not time to divorce a nation on Earth that has 100 nuclear weapons and is on the way to double that at some point, a nation that has serious threats from terrorist groups within its nation, as I indicated before, the Taliban, Haqqani Network. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's a nation that's not like -- like others and it does not have a civilian leadership that is calling the shots there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
You have the ISI, their intelligence organization, is probably the most powerful of the -- of three branches there. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Then you have the military and then you have the civilian government. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This is a nation, which, if it falls apart, if it -- if it becomes a failed state, there are nuclear weapons there and you've got -- you've got terrorists there who could grab their -- their hands onto those nuclear weapons. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This is -- this is an important part of the world for us. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Pakistan is -- is technically an ally, and they're not acting very much like an ally right now. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But we have some work to do. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And I -- I don't blame the administration for the fact that the relationship with Pakistan is strained. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We -- we had to go into Pakistan. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We had to go in there to get Osama bin Laden. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
That was the right thing to do. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And -- and that upset them, but obviously there was a great deal of anger even before that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But we're going to have to work with the -- with the people in Pakistan to try and help them move to a more responsible course than the one that they're on. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And it's important for them. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's important for the nuclear weapons. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's important for the success of Afghanistan. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Because inside Pakistan, you have a -- a large group of Pashtun that are -- that are Taliban. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They're going to come rushing back in to Afghanistan when we go. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And that's one of the reasons the Afghan Security Forces have so much work to do to be able to fight against that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But it's important for us to recognize that we can't just walk away from Pakistan. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But we do need to make sure that as we -- as we send support for them, that this is tied to them making progress on -- on matters that would lead them to becoming a civil society. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Let -- let me ask you, Governor because we know President Obama's position on this, what is -- what is your position on the use of drones? Bob Schieffer O 2012 22 Oct 2012
Well I believe we should use any and all means necessary to take out people who pose a threat to us and our friends around the world. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And it's widely reported that drones are being used in drone strikes, and I support that and entirely, and feel the president was right to up the usage of that technology, and believe that we should continue to use it, to continue to go after the people that represent a threat to this nation and to our friends. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But let me also note that as I said earlier, we're going to have to do more than just going after leaders and -- and killing bad guys, important as that is. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We're also going to have to have a farm more effective and comprehensive strategy to help move the world away from terror and Islamic extremism. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We haven't done that yet. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We talk a lot about these things, but you look at the -- the record, you look at the record. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
You look at the record of the last four years and say is Iran closer to a bomb? Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Yes. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Is the Middle East in tumult? Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Yes. Willard(Mitt) M. Romney NaN 2012 22 Oct 2012
Is -- is al-Qaida on the run, on its heels? Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
No. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Is -- are Israel and the Palestinians closer to reaching a peace agreement? Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
No, they haven't had talks in two years. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We have not seen the progress we need to have, and I'm convinced that with strong leadership and an effort to build a strategy based upon helping these nations reject extremism, we can see the kind of peace and prosperity the world demands. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Well, keep in mind our strategy wasn't just going after bin Laden. Barack H. Obama Claim 2012 22 Oct 2012
We created partnerships throughout the region to deal with extremism in Somalia, in Yemen, in Pakistan. Barack H. Obama Premise 2012 22 Oct 2012
And what we've also done is engaged these governments in the kind of reforms that are actually going to make a difference in people's lives day to day, to make sure that their governments aren't corrupt, to make sure that they're treating women with the kind of respect and dignity that every nation that succeeds has shown and to make sure that they've got a free market system that works. Barack H. Obama Premise 2012 22 Oct 2012
So across the board, we are engaging them in building capacity in these countries. Barack H. Obama Claim 2012 22 Oct 2012
And we have stood on the side of democracy. Barack H. Obama Claim 2012 22 Oct 2012
One thing I think Americans should be proud of, when Tunisians began to protest, this nation -- me, my administration -- stood with them earlier than just about any country. Barack H. Obama Premise 2012 22 Oct 2012
In Egypt we stood on the side of democracy. Barack H. Obama Premise 2012 22 Oct 2012
In Libya we stood on the side of the people. Barack H. Obama Premise 2012 22 Oct 2012
And as a consequence, there's no doubt that attitudes about Americans have changed. Barack H. Obama O 2012 22 Oct 2012
But there are always going to be elements in these countries that potentially threaten the United States. Barack H. Obama Premise 2012 22 Oct 2012
And we want to shrink those groups and those networks and we can do that. Barack H. Obama Premise 2012 22 Oct 2012
But we're always also going to have to maintain vigilance when it comes to terrorist activities. Barack H. Obama Claim 2012 22 Oct 2012
The truth, though, is that Al Qaeda is much weaker than it was when I came into office. Barack H. Obama Claim 2012 22 Oct 2012
And they don't have the same capacities to attack the U.S. homeland and our allies as they did four years ago. Barack H. Obama Premise 2012 22 Oct 2012
Let's -- let's go to the next segment, because it's a very important one. Bob Schieffer O 2012 22 Oct 2012
It is the rise of China and future challenges for America. Bob Schieffer O 2012 22 Oct 2012
I want to just begin this by asking both of you, and Mr. President, you -- you go first this time. Bob Schieffer O 2012 22 Oct 2012
What do you believe is the greatest future threat to the national security of this country? Bob Schieffer O 2012 22 Oct 2012
Well, I think it will continue to be terrorist networks. Barack H. Obama Claim 2012 22 Oct 2012
We have to remain vigilant, as I just said. Barack H. Obama O 2012 22 Oct 2012
But with respect to China, China is both an adversary, but also a potential partner in the international community if it's following the rules. Barack H. Obama Claim 2012 22 Oct 2012
So my attitude coming into office was that we are going to insist that China plays by the same rules as everybody else. Barack H. Obama Claim 2012 22 Oct 2012
I know Americans had seen jobs being shipped overseas; businesses and workers not getting a level playing field when it came to trade. Barack H. Obama Premise 2012 22 Oct 2012
And that's the reason why I set up a trade task force to go after cheaters when it came to international trade. Barack H. Obama Premise 2012 22 Oct 2012
That's the reason why we have brought more cases against China for violating trade rules than the other -- the previous administration had done in two terms. Barack H. Obama Premise 2012 22 Oct 2012
And we've won just about every case that we've filed, that has been decided. Barack H. Obama Premise 2012 22 Oct 2012
In fact, just recently steelworkers in Ohio and throughout the Midwest -- Pennsylvania -- are in a position now to sell steel to China because we won that case. Barack H. Obama Premise 2012 22 Oct 2012
We had a tire case in which they were flooding us with cheap domestic tires -- or -- or cheap Chinese tires. Barack H. Obama Premise 2012 22 Oct 2012
And we put a stop to it and as a consequence saved jobs throughout America. Barack H. Obama O 2012 22 Oct 2012
I have to say that Governor Romney criticized me for being too tough in that tire case; said this wouldn't be good for American workers and that it would be protectionist. Barack H. Obama Premise 2012 22 Oct 2012
But I tell you, those workers don't feel that way. Barack H. Obama Premise 2012 22 Oct 2012
They feel as if they had finally an administration who was going to take this issue seriously. Barack H. Obama Premise 2012 22 Oct 2012
Over the long term, in order for us to compete with China, we've also got to make sure, though, that we're taking -- taking care of business here at home. Barack H. Obama Claim 2012 22 Oct 2012
If we don't have the best education system in the world, if we don't continue to put money into research and technology that will allow us to create great businesses here in the United States, that's how we lose the competition. Barack H. Obama Claim 2012 22 Oct 2012
And, unfortunately, Governor Romney's budget and his proposals would not allow us to make those investments. Barack H. Obama Claim 2012 22 Oct 2012
All right. Bob Schieffer O 2012 22 Oct 2012
Governor? Bob Schieffer O 2012 22 Oct 2012
Well, first of all, it's not government that makes business successful. Willard(Mitt) M. Romney O 2012 22 Oct 2012
It's not government investments that makes businesses grow and hire people. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Let me also note that the greatest threat that the world faces, the greatest national security threat is a nuclear Iran. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Let's talk about China. Willard(Mitt) M. Romney O 2012 22 Oct 2012
China has an interest that's very much like ours in one respect, and that is they want a stable world. Willard(Mitt) M. Romney O 2012 22 Oct 2012
They don't want war. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They don't want to see protectionism. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They don't want to see the world break out into -- into various forms of chaos, because they have to -- they have to manufacture goods and put people to work and they have about 20,000 -- 20 million, rather, people coming out of the farms every year coming into the cities, needing jobs. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
So they want the economy to work and the world to be free and open. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And so we can be a partner with China. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We don't have to be an adversary in any way, shape or form. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We can work with them, we can collaborate with them, if they're willing to be responsible. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Now, they look at us and say, Is it a good idea to be with America? Willard(Mitt) M. Romney O 2012 22 Oct 2012
How strong are we going to be? Willard(Mitt) M. Romney O 2012 22 Oct 2012
How strong is our economy? Willard(Mitt) M. Romney O 2012 22 Oct 2012
They look at the fact that we owe 'em a trillion dollars and owe other people $16 trillion in total, including that. Willard(Mitt) M. Romney O 2012 22 Oct 2012
They look at our -- our decision to -- to cut back on our military capabilities. Willard(Mitt) M. Romney O 2012 22 Oct 2012
A trillion dollars. Willard(Mitt) M. Romney O 2012 22 Oct 2012
The secretary of defense called these trillion dollars of cuts to our military devastating. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's not my term, it's the president's own secretary of defense called these trillion dollars of cuts to our military devastating. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's not my term, it's the president's own Secretary of Defense, called them devastating. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They look at America's commitments around the world and they see what's happening, and they say, well, OK. Is America going to be strong? Willard(Mitt) M. Romney O 2012 22 Oct 2012
And the answer is, yes, if I'm president, America will be very strong. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We'll also make sure that we have trade relations with China that work for us. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It holds down the prices of their goods. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It means our goods aren't as competitive and we lose jobs. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That's got to end. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They're making some progress; they need to make more. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
That's why on day one, i will label them a currency manipulator, which allows us to apply tariffs where they're taking jobs. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
They're stealing our intellectual property, our patents, our designs, our technology, hacking into our computers, counterfeiting our goods. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They have to understand we want to trade with them. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We want a world that's stable. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We like free enterprise, but you got to play by the rules. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Well, Governor, let me just ask you. Bob Schieffer O 2012 22 Oct 2012
If you declare them a currency manipulator on day one, some people are -- say you're just going to start a trade war with China on day one. Bob Schieffer O 2012 22 Oct 2012
Is that -- isn't there a risk that that could happen? Bob Schieffer O 2012 22 Oct 2012
Well, they sell us about this much stuff every year, and we sell them about this much stuff every year. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
So it's pretty clear who doesn't want a trade war. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And there's one going on right now, which we don't know about it. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
It's a silent one. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And they're winning. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have enormous trade imbalance with China, and it's worse this year than last year, and it's worse last year than the year before. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And so we have to understand that we can't just surrender and lose jobs year in and year out. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have to say to our friend in China, look, you guys are playing aggressively. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We understand it. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But this can't keep on going. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
You can't keep on holding down the value of your currency, stealing our intellectual property, counterfeiting our products, selling them around the world, even to the United States. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I was with one company that makes valves and -- and process industries and they said, look, we were -- we were having some valves coming in that -- that were broken and we had to repair them under warranty and we looked them and -- and they had our serial number on them. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And then we noticed that there was more than one with that same serial number. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They were counterfeit products being made overseas with the same serial number as a U.S. company, the same packaging, these were being sold into our market and around the world as if they were made by the U.S. competitor. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This can't go on. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I want a great relationship with China. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
China can be our partner, but -- but that doesn't mean they can just roll all over us and steal our jobs on an unfair basis. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Well, Governor Romney's right, you are familiar with jobs being shipped overseas because you invested in companies that were shipping jobs overseas. Barack H. Obama Claim 2012 22 Oct 2012
And, you know, that's -- you're right. Barack H. Obama O 2012 22 Oct 2012
I mean that's how our free market works. Barack H. Obama Premise 2012 22 Oct 2012
But I've made a different bet on American workers. Barack H. Obama Claim 2012 22 Oct 2012
If we had taken your advice Governor Romney about our auto industry, we'd be buying cars from China instead of selling cars to China. Barack H. Obama Claim 2012 22 Oct 2012
If we take your advice with respect to how we change our tax codes so that companies that earn profits overseas don't pay U.S. taxes compared to companies here that are paying taxes. Barack H. Obama Premise 2012 22 Oct 2012
Now that's estimated to create 800,000 jobs, the problem is they won't be here, they'll be in places like China. Barack H. Obama Claim 2012 22 Oct 2012
And if we're not making investments in education and basic research, which is not something that the private sector is doing at a sufficient pace right now and has never done, then we will lose the (inaudible) in things like clean energy technology. Barack H. Obama Claim 2012 22 Oct 2012
Now with respect to what we've done with China already, U.S. exports have doubled since I came into office, to China and actually currencies are at their most advantageous point for U.S. exporters since 1993. Barack H. Obama Premise 2012 22 Oct 2012
We absolutely have to make more progress and that's why we're going to keep on pressing. Barack H. Obama Premise 2012 22 Oct 2012
And when it comes to our military and Chinese security, part of the reason that we were able to pivot to the Asia-Pacific region after having ended the war in Iraq and transitioning out of Afghanistan, is precisely because this is going to be a massive growth area in the future. Barack H. Obama Premise 2012 22 Oct 2012
And we believe China can be a partner, but we're also sending a very clear signal that America is a Pacific power; that we are going to have a presence there. Barack H. Obama Claim 2012 22 Oct 2012
We are working with countries in the region to make sure, for example, that ships can pass through; that commerce continues. Barack H. Obama Premise 2012 22 Oct 2012
And we're organizing trade relations with countries other than China so that China starts feeling more pressure about meeting basic international standards. Barack H. Obama Premise 2012 22 Oct 2012
That's the kind of leadership we've shown in the region. Barack H. Obama Premise 2012 22 Oct 2012
That's the kind of leadership that we'll continue to show. Barack H. Obama Claim 2012 22 Oct 2012
I just want to take one of those points, again, attacking me as not talking about an agenda for -- for getting more trade and opening up more jobs in this country. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But the president mentioned the auto industry and that somehow I would be in favor of jobs being elsewhere. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Nothing could be further from the truth. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'm a son of Detroit. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I was born in Detroit. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
My dad was head of a car company. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I like American cars. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And I would do nothing to hurt the U.S. auto industry. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
My plan to get the industry on its feet when it was in real trouble was not to start writing checks. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
It was President Bush that wrote the first checks. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I disagree with that. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I said they need -- these companies need to go through a managed bankruptcy. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And in that process, they can get government help and government guarantees, but they need to go through bankruptcy to get rid of excess cost and the debt burden that they'd -- they'd built up. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And fortunately... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Governor Romney, that's not what you said... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
Governor Romney, you did not... Barack H. Obama O 2012 22 Oct 2012
You can take a look at the op-ed... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
You did not say that you would provide government help. Barack H. Obama Claim 2012 22 Oct 2012
I said that we would provide guarantees, and -- and that was what was able to allow these companies to go through bankruptcy, to come out of bankruptcy. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Under no circumstances would I do anything other than to help this industry get on its feet. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And the idea that has been suggested that I would liquidate the industry, of course not. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Of course not. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Let's check the record. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
That's the height of silliness... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Let -- let -- let's... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
I have never said I would liquidate... (CROSSTALK) Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
...at the record. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...I would liquidate the industry. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Governor, the people in Detroit don't forget. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...and -- and that's why I have the kind of commitment to ensure that our industries in this country can compete and be successful. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We in this country can -- can compete successfully with anyone in the world, and we're going to. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We're going to have to have a president, however, that doesn't think that somehow the government investing in -- in car companies like Tesla and -- and Fisker, making electric battery cars. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
This is not research, Mr President, these are the government investing in companies. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Investing in Solyndra. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
This is a company, this isn't basic research. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I -- I want to invest in research. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Research is great. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Providing funding to universities and think tanks is great. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
But investing in companies? Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Absolutely not. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
Governor? Barack H. Obama O 2012 22 Oct 2012
That's the wrong way to go. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
The fact of the matter is... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
I'm still speaking. Willard(Mitt) M. Romney O 2012 22 Oct 2012
So I want to make sure that we make -- we make America more competitive. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Yeah. Barack H. Obama O 2012 22 Oct 2012
And that we do those things that make America the most attractive place in the world for entrepreneurs, innovators, businesses to grow. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
But you're investing in companies doesn't do that. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
In fact it makes it less likely for them to come here... Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Governor? Barack H. Obama O 2012 22 Oct 2012
...because the private sector's not going to invest in a... (CROSSTALK) Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I'm -- I'm -- I'm happy. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...company... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
...to respond to you... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...if -- if you're... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
...you've had the floor for a while. Barack H. Obama O 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...get someone else's. Willard(Mitt) M. Romney O 2012 22 Oct 2012
The -- look, I think anybody out there can check the record. Barack H. Obama O 2012 22 Oct 2012
Governor Romney, you keep on trying to, you know airbrush history here. Barack H. Obama Claim 2012 22 Oct 2012
You were very clear that you would not provide, government assistance to the U.S. auto companies, even if they went through bankruptcy. Barack H. Obama Claim 2012 22 Oct 2012
You said that they could get it in the private marketplace. Barack H. Obama Claim 2012 22 Oct 2012
That wasn't true. Barack H. Obama Claim 2012 22 Oct 2012
They would have gone through a... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
You're wrong... (CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
...they would have gone through a... (CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
...you're wrong. Willard(Mitt) M. Romney O 2012 22 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 22 Oct 2012
No, I am not wrong. Barack H. Obama Claim 2012 22 Oct 2012
I am not wrong. Barack H. Obama NaN 2012 22 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 22 Oct 2012
People can look it up, you're right. Willard(Mitt) M. Romney O 2012 22 Oct 2012
People will look it up. Barack H. Obama Premise 2012 22 Oct 2012
Good. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But more importantly it is true that in order for us to be competitive, we're going to have to make some smart choices right now. Barack H. Obama Claim 2012 22 Oct 2012
Cutting our education budget, that's not a smart choice. Barack H. Obama Claim 2012 22 Oct 2012
That will not help us compete with China. Barack H. Obama Claim 2012 22 Oct 2012
Cutting our investments in research and technology, that's not a smart choice. Barack H. Obama Claim 2012 22 Oct 2012
That will not help us compete with China. Barack H. Obama NaN 2012 22 Oct 2012
Bringing down our deficit by adding $7 trillion of tax cuts and military spending that our military is not asking for, before we even get to the debt that we currently have, that is not going to make us more competitive. Barack H. Obama Claim 2012 22 Oct 2012
Those are the kinds of choices that the American people face right now. Barack H. Obama O 2012 22 Oct 2012
Having a tax code that rewards companies that are shipping jobs overseas instead of companies that are investing here in the United States, that will not make us more competitive. Barack H. Obama Claim 2012 22 Oct 2012
And the one thing that I'm absolutely clear about is that after a decade in which we saw drift, jobs being shipped overseas, nobody championing American workers and American businesses, we've now begun to make some real progress. Barack H. Obama Premise 2012 22 Oct 2012
What we can't do is go back to the same policies that got us into such difficulty in the first place. Barack H. Obama Claim 2012 22 Oct 2012
That's why we have to move forward and not go back. Barack H. Obama Claim 2012 22 Oct 2012
I couldn't agree more about going forward, but I certainly don't want to go back to the policies of the last four years. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The policies of the last four years have seen incomes in America decline every year for middle income families, now down $4,300 during your term. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Twenty-three million Americans still struggling to find a good job. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
When you came to office 32 million people on food stamps. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Today, 47 million people on food stamps. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
When you came to office, just over $10 trillion in debt, now $16 trillion in debt. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It hasn't worked. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
You said by now we'd be at 5.4 percent unemployment. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We're 9 million jobs short of that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I've met some of those people. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I've met them in Appleton, Wisconsin. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I met a young woman in -- in Philadelphia who's coming out of -- out of college, can't find work. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I've been -- Ann was with someone just the other day that was just weeping about not being able to get work. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
It's just a tragedy in a nation so prosperous as ours, that the last four years have been so hard. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
And that's why it's so critical, that we make America once again the most attractive place in the world to start businesses, to build jobs, to grow the economy. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And that's not going to happen by just hiring teachers. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Look, I love to -- I love teachers, and I'm happy to have states and communities that want to hire teachers do that. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
By the way, I don't like to have the federal government start pushing its weight deeper and deeper into our schools. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Let the states and localities do that. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I was a governor. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
The federal government didn't hire our teachers. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Governor? UNIDENTIFIED_MALE O 2012 22 Oct 2012
But I love teachers. Willard(Mitt) M. Romney O 2012 22 Oct 2012
But I want to get our private sector growing and I know how to do it. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I think we all love teachers. Bob Schieffer O 2012 22 Oct 2012
(LAUGHTER) Bob Schieffer O 2012 22 Oct 2012
Gentlemen, thank you so much for a very vigorous debate. Bob Schieffer O 2012 22 Oct 2012
We have come to the end. Bob Schieffer O 2012 22 Oct 2012
It is time for closing statements, I believe you're first, Mr. President. Bob Schieffer O 2012 22 Oct 2012
Well, thank you very much, Bob, Governor Romney, and to Lynn University. Barack H. Obama O 2012 22 Oct 2012
You've now heard three debates, months of campaigning and way too many TV commercials. Barack H. Obama O 2012 22 Oct 2012
And now you've got a choice. Barack H. Obama O 2012 22 Oct 2012
Over the last four years we've made real progress digging our way out of policies that gave us two prolonged wars, record deficits and the worst economic crisis since the Great Depression. Barack H. Obama Premise 2012 22 Oct 2012
And Governor Romney wants to take us back to those policies, a foreign policy that's wrong and reckless, economic policies that won't create jobs, won't reduce our deficit, but will make sure that folks at the very top don't have to play by the same rules that you do. Barack H. Obama Claim 2012 22 Oct 2012
And I've got a different vision for America. Barack H. Obama Claim 2012 22 Oct 2012
I want to build on our strengths. Barack H. Obama Claim 2012 22 Oct 2012
And I've put forward a plan to make sure that we're bringing manufacturing jobs back to our shores by rewarding companies and small businesses that are investing here, not overseas. Barack H. Obama Claim 2012 22 Oct 2012
I want to make sure we've got the best education system in the world. Barack H. Obama Claim 2012 22 Oct 2012
And we're retaining our workers for the jobs of tomorrow. Barack H. Obama Claim 2012 22 Oct 2012
I want to control our own energy by developing oil and natural gas but also the energy sources of the future. Barack H. Obama Claim 2012 22 Oct 2012
Yes, I want to reduce our deficit by cutting spending that we don't need but also by asking the wealthy to do a little bit more so that we can invest in things like research and technology that are the key to a 21st century economy. Barack H. Obama Claim 2012 22 Oct 2012
As Commander in Chief, I will maintain the strongest military in the world, keep faith with our troops and go after those who would do us harm. Barack H. Obama Claim 2012 22 Oct 2012
but after a decade of war, I think we all recognize we've got to do some nation building here at home, rebuilding our roads, our bridges and especially caring for our Veterans who sacrificed so much for our freedom. Barack H. Obama Claim 2012 22 Oct 2012
And we've been through tough times but we always bounce back because of our character, because we pull together and if I have the privilege of being your president for another four years, I promise you I will always listen to your voices. Barack H. Obama Claim 2012 22 Oct 2012
I will fight for your families and I will work every single day to make sure that America continues to be the greatest nation on earth. Barack H. Obama Claim 2012 22 Oct 2012
Thank you. Barack H. Obama O 2012 22 Oct 2012
Governor? Bob Schieffer O 2012 22 Oct 2012
Thank you. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Bob, Mr. President, folks at Lynn University, good to be with you. Willard(Mitt) M. Romney O 2012 22 Oct 2012
I'm optimistic about the future. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I'm excited about our prospects as a nation. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I want to see peace. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I want to see growing peace in this country. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
It's our objective. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We have an opportunity to have real leadership. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
America's going to have that kind of leadership and continue to promote principles of peace to make a world a safer place and make people in this country more confident that their future is secure. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I also want to make sure that we get this economy going. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
And there are two very different paths the country can take. Willard(Mitt) M. Romney O 2012 22 Oct 2012
One is a path represented by the president, which at the end of four years would mean we'd have $20 trillion in debt heading towards Greece. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'll get us on track to a balanced budget. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The president's path will mean continuing declining in take-home pay. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I want to make sure our take-home pay turns around and starts to grow. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The president's path will mean continuing declining in take-home pay. Willard(Mitt) M. Romney NaN 2012 22 Oct 2012
I want to make sure take-home pay turns around and starts to grow. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
The president's path means 20 million people out of work struggling for a good job. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'll get people back to work with 12 million new jobs. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'm going to make sure that we get people off of food stamps, not by cutting the program, but by getting them good jobs. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
America's going to come back, and for that to happen, we're going to have to have a president who can work across the aisle. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I was in a state where my legislature was 87 percent Democrat. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I learned how to get along on the other side of the aisle. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We've got to do that in Washington. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
Washington is broken. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I know what it takes to get this country back, and will work with good Democrats and good Republicans to do that. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
This nation is the hope of the earth. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
We've been blessed by having a nation that's free and prosperous thanks to the contributions of the greatest generation. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
They've held a torch for the world to see -- the torch of freedom and hope and opportunity. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
Now, it's our turn to take that torch. Willard(Mitt) M. Romney Premise 2012 22 Oct 2012
I'm convinced we'll do it. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
We need strong leadership. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'd like to be that leader with your support. Willard(Mitt) M. Romney O 2012 22 Oct 2012
I'll work with you. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'll lead you in an open and honest way, and I ask for your vote. Willard(Mitt) M. Romney Claim 2012 22 Oct 2012
I'd like to be the next president of the United States to support and help this great nation and to make sure that we all together remain America as the hope of the earth. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Thank you so much. Willard(Mitt) M. Romney O 2012 22 Oct 2012
Good evening from the Magness Arena at the University of Denver in Denver, Colorado. Jim Lehrer O 2012 03 Oct 2012
I'm Jim Lehrer of the "PBS NewsHour," and I welcome you to the first of the 2012 presidential debates between President Barack Obama, the Democratic nominee, and former Massachusetts Governor Mitt Romney, the Republican nominee. Jim Lehrer O 2012 03 Oct 2012
This debate and the next three -- two presidential, one vice presidential -- are sponsored by the Commission on Presidential Debates. Jim Lehrer O 2012 03 Oct 2012
Tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. Jim Lehrer O 2012 03 Oct 2012
There will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. Jim Lehrer O 2012 03 Oct 2012
Thousands of people offered suggestions on segment subjects or questions via the Internet and other means, but I made the final selections. Jim Lehrer O 2012 03 Oct 2012
And for the record, they were not submitted for approval to the commission or the candidates. Jim Lehrer O 2012 03 Oct 2012
The segments as I announced in advance will be three on the economy and one each on health care, the role of government and governing, with an emphasis throughout on differences, specifics and choices. Jim Lehrer O 2012 03 Oct 2012
Both candidates will also have two-minute closing statements. Jim Lehrer O 2012 03 Oct 2012
The audience here in the hall has promised to remain silent -- no cheers, applause, boos, hisses, among other noisy distracting things, so we may all concentrate on what the candidates have to say. Jim Lehrer O 2012 03 Oct 2012
There is a noise exception right now, though, as we welcome President Obama and Governor Romney. Jim Lehrer O 2012 03 Oct 2012
(APPLAUSE) Gentlemen, welcome to you both. Jim Lehrer O 2012 03 Oct 2012
Let's start the economy, segment one, and let's begin with jobs. Jim Lehrer O 2012 03 Oct 2012
What are the major differences between the two of you about how you would go about creating new jobs? Jim Lehrer O 2012 03 Oct 2012
You have two minutes. Jim Lehrer O 2012 03 Oct 2012
Each of you have two minutes to start. Jim Lehrer O 2012 03 Oct 2012
A coin toss has determined, Mr. President, you go first. Jim Lehrer O 2012 03 Oct 2012
Well, thank you very much, Jim, for this opportunity. Barack H. Obama O 2012 03 Oct 2012
I want to thank Governor Romney and the University of Denver for your hospitality. Barack H. Obama O 2012 03 Oct 2012
There are a lot of points I want to make tonight, but the most important one is that 20 years ago I became the luckiest man on Earth because Michelle Obama agreed to marry me. Barack H. Obama O 2012 03 Oct 2012
And so I just want to wish, Sweetie, you happy anniversary and let you know that a year from now we will not be celebrating it in front of 40 million people. Barack H. Obama O 2012 03 Oct 2012
(LAUGHTER) You know, four years ago we went through the worst financial crisis since the Great Depression. Barack H. Obama Premise 2012 03 Oct 2012
Millions of jobs were lost, the auto industry was on the brink of collapse. Barack H. Obama Premise 2012 03 Oct 2012
The financial system had frozen up. Barack H. Obama Premise 2012 03 Oct 2012
And because of the resilience and the determination of the American people, we've begun to fight our way back. Barack H. Obama Premise 2012 03 Oct 2012
Over the last 30 months, we've seen 5 million jobs in the private sector created. Barack H. Obama Premise 2012 03 Oct 2012
The auto industry has come roaring back. Barack H. Obama Premise 2012 03 Oct 2012
And housing has begun to rise. Barack H. Obama Premise 2012 03 Oct 2012
But we all know that we've still got a lot of work to do. Barack H. Obama Premise 2012 03 Oct 2012
And so the question here tonight is not where we've been, but where we're going. Barack H. Obama Claim 2012 03 Oct 2012
Governor Romney has a perspective that says if we cut taxes, skewed towards the wealthy, and roll back regulations, that we'll be better off. Barack H. Obama Premise 2012 03 Oct 2012
I've got a different view. Barack H. Obama Premise 2012 03 Oct 2012
I think we've got to invest in education and training. Barack H. Obama Claim 2012 03 Oct 2012
I think it's important for us to develop new sources of energy here in America, that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the United States, that we take some of the money that we're saving as we wind down two wars to rebuild America and that we reduce our deficit in a balanced way that allows us to make these critical investments. Barack H. Obama Claim 2012 03 Oct 2012
Now, it ultimately is going to be up to the voters -- to you -- which path we should take. Barack H. Obama O 2012 03 Oct 2012
Are we going to double on top-down economic policies that helped to get us into this mess or do we embrace a new economic patriotism that says America does best when the middle class does best? Barack H. Obama O 2012 03 Oct 2012
And I'm looking forward to having that debate. Barack H. Obama O 2012 03 Oct 2012
Governor Romney, two minutes. Jim Lehrer O 2012 03 Oct 2012
Thank you, Jim. Willard(Mitt) M. Romney O 2012 03 Oct 2012
It's an honor to be here with you, and I appreciate the chance to be with the president. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm pleased to be at the University of Denver, appreciate their welcome, and also the Presidential Commission on these debates. Willard(Mitt) M. Romney O 2012 03 Oct 2012
And congratulations to you, Mr. President, on your anniversary. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm sure this was the most romantic place you could imagine, here -- here with me. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So I... (LAUGHTER) Congratulations. Willard(Mitt) M. Romney O 2012 03 Oct 2012
This is obviously a very tender topic. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I've had the occasion over the last couple of years of meeting people across the country. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I was in Dayton, Ohio, and a woman grabbed my arm and she said, "I've been out of work since May. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Can you help me?" Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Ann yesterday was at a rally in Denver and a woman came up to her with a baby in her arms and said, "Ann, my husband has had four jobs in three years, part-time jobs. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He's lost his most recent job and we've now just lost our home. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Can you help us?" Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And the answer is, yes, we can help, but it's going to take a different path. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Not the one we've been on, not the one the president describes as a top-down, cut taxes for the rich. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's not what I'm going to do. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My plan has five basic parts. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
One, get us energy independent, North American energy independent. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That creates about 4 million jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Number two, open up more trade, particularly in Latin America. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Crack down on China, if and when they cheat. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Number three, make sure our people have the skills they need to succeed and the best schools in the world. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We're far away from that now. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Number four, get to us a balanced budget. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Number five, champion small business. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's small business that creates the jobs in America, and over the last four years, small business people have decided that America may not be the place to open a new business because new business startups are down to a 30-year low. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Now, I'm concerned that the path that we're on has just been unsuccessful. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The president has a view very similar to the view he had when he ran four years, that a bigger government, spending more, taxing more, regulating more -- if you will, trickle-down government -- would work. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's not the right answer for America. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'll restore the vitality that gets America working again. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Thank you. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Mr. President, please respond directly to what the governor just said about trickle-down -- his trick-down approach, as he said yours is. Jim Lehrer O 2012 03 Oct 2012
Well, let me talk specifically about what I think we need to do. Barack H. Obama O 2012 03 Oct 2012
First, we've got to improve our education system and we've made enormous progress drawing on ideas both from Democrats and Republicans that are already starting to show gains in some of the toughest to deal with schools. Barack H. Obama Premise 2012 03 Oct 2012
We've got a program called Race to the Top that has prompted reforms in 46 states around the country, raising standards, improving how we train teachers. Barack H. Obama Premise 2012 03 Oct 2012
So now I want to hire another 100,000 new math and science teachers, and create 2 million more slots in our community colleges so that people can get trained for the jobs that are out there right now. Barack H. Obama Claim 2012 03 Oct 2012
And I want to make sure that we keep tuition low for our young people. Barack H. Obama Claim 2012 03 Oct 2012
When it comes to our tax code, Governor Romney and I both agree that our corporate tax rate is too high, so I want to lower it, particularly for manufacturing, taking it down to 25 percent. Barack H. Obama Claim 2012 03 Oct 2012
But I also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas. Barack H. Obama Claim 2012 03 Oct 2012
I want to provide tax breaks for companies that are investing here in the United States. Barack H. Obama Claim 2012 03 Oct 2012
On energy, Governor Romney and I, we both agree that we've got to boost American energy production, and oil and natural gas production are higher than they've been in years. Barack H. Obama Premise 2012 03 Oct 2012
But I also believe that we've got to look at the energy sources of the future, like wind and solar and biofuels, and make those investments. Barack H. Obama Claim 2012 03 Oct 2012
So all of this is possible. Barack H. Obama Claim 2012 03 Oct 2012
Now, in order for us to do it, we do have to close our deficit, and one of the things I'm sure we'll be discussing tonight is, how do we deal with our tax code? Barack H. Obama O 2012 03 Oct 2012
And how do we make sure that we are reducing spending in a responsible way, but also, how do we have enough revenue to make those investments? Barack H. Obama O 2012 03 Oct 2012
And this is where there's a difference, because Governor Romney's central economic plan calls for a $5 trillion tax cut -- on top of the extension of the Bush tax cuts -- that's another trillion dollars -- and $2 trillion in additional military spending that the military hasn't asked for. Barack H. Obama Premise 2012 03 Oct 2012
That's $8 trillion. Barack H. Obama Premise 2012 03 Oct 2012
How we pay for that, reduce the deficit, and make the investments that we need to make, without dumping those costs onto middle-class Americans, I think is one of the central questions of this campaign. Barack H. Obama Claim 2012 03 Oct 2012
Both of you have spoken about a lot of different things, and we're going to try to get through them in as specific a way as we possibly can. Jim Lehrer O 2012 03 Oct 2012
But, first, Governor Romney, do you have a question that you'd like to ask the president directly about something he just said? Jim Lehrer O 2012 03 Oct 2012
Well, sure. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'd like to clear up the record and go through it piece by piece. Willard(Mitt) M. Romney O 2012 03 Oct 2012
First of all, I don't have a $5 trillion tax cut. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I don't have a tax cut of a scale that you're talking about. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My view is that we ought to provide tax relief to people in the middle class. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But I'm not going to reduce the share of taxes paid by high-income people. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
High-income people are doing just fine in this economy. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
They'll do fine whether you're president or I am. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The people who are having the hard time right now are middle- income Americans. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Under the president's policies, middle-income Americans have been buried. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
They're just being crushed. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Middle- income Americans have seen their income come down by $4,300. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is a -- this is a tax in and of itself. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I'll call it the economy tax. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's been crushing. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
At the same time, gasoline prices have doubled under the president. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Electric rates are up. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Food prices are up. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Health care costs have gone up by $2,500 a family. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Middle-income families are being crushed. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And so the question is how to get them going again. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I've described it. Willard(Mitt) M. Romney O 2012 03 Oct 2012
It's energy and trade, the right kind of training programs, balancing our budget and helping small business. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Those are the -- the cornerstones of my plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But the president mentioned a couple of other ideas I'll just note. Willard(Mitt) M. Romney O 2012 03 Oct 2012
First, education. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Education is key, particularly the future of our economy. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But our training programs right now, we've got 47 of them, housed in the federal government, reporting to eight different agencies. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Overhead is overwhelming. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We've got to get those dollars back to the states and go to the workers so they can create their own pathways to get in the training they need for jobs that will really help them. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The second area, taxation, we agree, we ought to bring the tax rates down. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And I do, both for corporations and for individuals. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But in order for us not to lose revenue, have the government run out of money, I also lower deductions and credits and exemptions, so that we keep taking in the same money when you also account for growth. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The third area, energy. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Energy is critical, and the president pointed out correctly that production of oil and gas in the U.S. is up. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But not due to his policies. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
In spite of his policies. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Mr. President, all of the increase in natural gas and oil has happened on private land, not on government land. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
On government land, your administration has cut the number of permits and licenses in half. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
If I'm president, I'll double them, and also get the -- the oil from offshore and Alaska. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I'll bring that pipeline in from Canada. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And, by the way, I like coal. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm going to make sure we can continue to burn clean coal. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
People in the coal industry feel like it's getting crushed by your policies. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I want to get America and North America energy independent so we can create those jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And finally, with regards to that tax cut, look, I'm not looking to cut massive taxes and to reduce the -- the revenues going to the government. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My -- my number-one principal is, there will be no tax cut that adds to the deficit. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I want to underline that: no tax cut that adds to the deficit. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But I do want to reduce the burden being paid by middle-income Americans. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And I -- and to do that, that also means I cannot reduce the burden paid by high-income Americans. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So any -- any language to the contrary is simply not accurate. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Mr. President? Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, I think -- let's talk about taxes, because I think it's instructive. Barack H. Obama O 2012 03 Oct 2012
Now, four years ago, when I stood on this stage, I said that I would cut taxes for middle-class families. Barack H. Obama Premise 2012 03 Oct 2012
And that's exactly what I did. Barack H. Obama Claim 2012 03 Oct 2012
We cut taxes for middle-class families by about $3,600. Barack H. Obama Premise 2012 03 Oct 2012
And the reason is, because I believe that we do best when the middle class is doing well. Barack H. Obama Premise 2012 03 Oct 2012
And by giving them those tax cuts, they had a little more money in their pocket, and so maybe they can buy a new car. Barack H. Obama Premise 2012 03 Oct 2012
They are certainly in a better position to weather the extraordinary recession that we went through. Barack H. Obama Claim 2012 03 Oct 2012
They can buy a computer for their kid who's going off to college, which means they're spending more money, businesses have more customers, businesses make more profits, and then hire more workers. Barack H. Obama Premise 2012 03 Oct 2012
Now, Governor Romney's proposal that he has been promoting for 18 months calls for a $5 trillion tax cut, on top of $2 trillion of additional spending for our military. Barack H. Obama Claim 2012 03 Oct 2012
And he is saying that he is going to pay for it by closing loopholes and deductions. Barack H. Obama Premise 2012 03 Oct 2012
The problem is that he's been asked over 100 times how you would close those deductions and loopholes, and he hasn't been able to identify them. Barack H. Obama Claim 2012 03 Oct 2012
But I'm going to make an important point here, Jim. Barack H. Obama O 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
When you add up all the loopholes and deductions that upper-income individuals can -- are currently taking advantage of, you take those all away, you don't come close to paying for $5 trillion in tax cuts and $2 trillion in additional military spending. Barack H. Obama Claim 2012 03 Oct 2012
And that's why independent studies looking at this said the only way to meet Governor Romney's pledge of not reducing the deficit or -- or -- or not adding to the deficit is by burdening middle-class families. Barack H. Obama Premise 2012 03 Oct 2012
The average middle-class family with children would pay about $2,000 more. Barack H. Obama Premise 2012 03 Oct 2012
Now, that's not my analysis. Barack H. Obama Premise 2012 03 Oct 2012
That's the analysis of economists who have looked at this. Barack H. Obama Premise 2012 03 Oct 2012
And -- and that kind of top -- top-down economics, where folks at the top are doing well, so the average person making $3 million is getting a $250,000 tax break, while middle-class families are burdened further, that's not what I believe is a recipe for economic growth. Barack H. Obama Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
What is the difference? Jim Lehrer O 2012 03 Oct 2012
Let's just stay on taxes. Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
Just -- let's just stay on taxes for (inaudible). Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
What is the difference... Jim Lehrer O 2012 03 Oct 2012
Well, but -- but virtually -- virtually everything he just said about my tax plan is inaccurate. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
So if the tax plan he described were a tax plan I was asked to support, I'd say absolutely not. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'm not looking for a $5 trillion tax cut. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
What I've said is I won't put in place a tax cut that adds to the deficit. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's part one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So there's no economist that can say Mitt Romney's tax plan adds $5 trillion if I say I will not add to the deficit with my tax plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Number two, I will not reduce the share paid by high-income individuals. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I know that you and your running mate keep saying that and I know it's a popular thing to say with a lot of people, but it's just not the case. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Look, I've got five boys. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I'm used to people saying something that's not always true, but just keep on repeating it and ultimately hoping I'll believe it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But that -- that is not the case. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
All right? Willard(Mitt) M. Romney O 2012 03 Oct 2012
I will not reduce the taxes paid by high-income Americans. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And number three, I will not under any circumstances raise taxes on middle-income families. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I will lower taxes on middle-income families. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Now, you cite a study. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
There are six other studies that looked at the study you describe and say it's completely wrong. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I saw a study that came out today that said you're going to raise taxes by $3,000 to $4,000 on middle-income families. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
There are all these studies out there. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But let's get at the bottom line. Willard(Mitt) M. Romney O 2012 03 Oct 2012
That is, I want to bring down rates. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I want to bring the rates down, at the same time lower deductions and exemptions and credits and so forth, so we keep getting the revenue we need. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And you'd think, well, then why lower the rates? Willard(Mitt) M. Romney O 2012 03 Oct 2012
And the reason is because small business pays that individual rate; 54 percent of America's workers work in businesses that are taxed not at the corporate tax rate, but at the individual tax rate. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And if we lower that rate, they will be able to hire more people. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
For me, this is about jobs. Willard(Mitt) M. Romney O 2012 03 Oct 2012
This is about getting jobs for the American people. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
That's where we started. Jim Lehrer O 2012 03 Oct 2012
Yeah. Jim Lehrer O 2012 03 Oct 2012
Do you challenge what the governor just said about his own plan? Jim Lehrer O 2012 03 Oct 2012
Well, for 18 months he's been running on this tax plan. Barack H. Obama Premise 2012 03 Oct 2012
And now, five weeks before the election, he's saying that his big, bold idea is, "Never mind." Barack H. Obama Premise 2012 03 Oct 2012
And the fact is that if you are lowering the rates the way you described, Governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid either raising the deficit or burdening the middle class. Barack H. Obama Claim 2012 03 Oct 2012
It's -- it's math. Barack H. Obama O 2012 03 Oct 2012
It's arithmetic. Barack H. Obama Premise 2012 03 Oct 2012
Now, Governor Romney and I do share a deep interest in encouraging small-business growth. Barack H. Obama O 2012 03 Oct 2012
So at the same time that my tax plan has already lowered taxes for 98 percent of families, I also lowered taxes for small businesses 18 times. Barack H. Obama O 2012 03 Oct 2012
And what I want to do is continue the tax rates -- the tax cuts that we put into place for small businesses and families. Barack H. Obama Claim 2012 03 Oct 2012
But I have said that for incomes over $250,000 a year, that we should go back to the rates that we had when Bill Clinton was president, when we created 23 million new jobs, went from deficit to surplus, and created a whole lot of millionaires to boot. Barack H. Obama Claim 2012 03 Oct 2012
And the reason this is important is because by doing that, we cannot only reduce the deficit, we cannot only encourage job growth through small businesses, but we're also able to make the investments that are necessary in education or in energy. Barack H. Obama Premise 2012 03 Oct 2012
And we do have a difference, though, when it comes to definitions of small business. Barack H. Obama O 2012 03 Oct 2012
Under -- under my plan, 97 percent of small businesses would not see their income taxes go up. Barack H. Obama Claim 2012 03 Oct 2012
Governor Romney says, well, those top 3 percent, they're the job creators, they'd be burdened. Barack H. Obama Premise 2012 03 Oct 2012
But under Governor Romney's definition, there are a whole bunch of millionaires and billionaires who are small businesses. Barack H. Obama Premise 2012 03 Oct 2012
Donald Trump is a small business. Barack H. Obama Premise 2012 03 Oct 2012
Now, I know Donald Trump doesn't like to think of himself as small anything, but -- but that's how you define small businesses if you're getting business income. Barack H. Obama Premise 2012 03 Oct 2012
And that kind of approach, I believe, will not grow our economy, because the only way to pay for it without either burdening the middle class or blowing up our deficit is to make drastic cuts in things like education, making sure that we are continuing to invest in basic science and research, all the things that are helping America grow. Barack H. Obama Premise 2012 03 Oct 2012
And I think that would be a mistake. Barack H. Obama Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
Jim, let me just come back on that -- on that point, which is these... Willard(Mitt) M. Romney O 2012 03 Oct 2012
Just for the -- just for record... (CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
... the small businesses we're talking about... Willard(Mitt) M. Romney O 2012 03 Oct 2012
Excuse me. Jim Lehrer O 2012 03 Oct 2012
Excuse me. Jim Lehrer NaN 2012 03 Oct 2012
Just so everybody understands, we're way over our first 15 minutes. Jim Lehrer O 2012 03 Oct 2012
It's fun, isn't it? Willard(Mitt) M. Romney O 2012 03 Oct 2012
It's OK, it's great. Jim Lehrer O 2012 03 Oct 2012
No problem. Jim Lehrer O 2012 03 Oct 2012
Well, you all don't have -- you don't have a problem, I don't have a problem, because we're still on the economy. Jim Lehrer O 2012 03 Oct 2012
We're going to come back to taxes. Jim Lehrer O 2012 03 Oct 2012
I want move on to the deficit and a lot of other things, too. Jim Lehrer O 2012 03 Oct 2012
OK, but go ahead, sir. Jim Lehrer O 2012 03 Oct 2012
You bet. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, President, you're -- Mr. President, you're absolutely right, which is that, with regards to 97 percent of the businesses are not -- not taxed at the 35 percent tax rate, they're taxed at a lower rate. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But those businesses that are in the last 3 percent of businesses happen to employ half -- half of all the people who work in small business. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Those are the businesses that employ one-quarter of all the workers in America. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And your plan is to take their tax rate from 35 percent to 40 percent. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Now, and -- and I've talked to a guy who has a very small business. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He's in the electronics business in -- in St. Louis. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He has four employees. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He said he and his son calculated how much they pay in taxes, federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It added up to well over 50 percent of what they earned. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And your plan is to take the tax rate on successful small businesses from 35 percent to 40 percent. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The National Federation of Independent Businesses has said that will cost 700,000 jobs. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I don't want to cost jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My priority is jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And so what I do is I bring down the tax rates, lower deductions and exemptions, the same idea behind Bowles-Simpson, by the way, get the rates down, lower deductions and exemptions, to create more jobs, because there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's by far the most effective and efficient way to get this budget balanced. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Jim, I -- you may want to move onto another topic, but I -- I would just say this to the American people. Barack H. Obama O 2012 03 Oct 2012
If you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion -- just to give you a sense, over 10 years, that's more than our entire defense budget -- and you think that by closing loopholes and deductions for the well-to-do, somehow you will not end up picking up the tab, then Governor Romney's plan may work for you. Barack H. Obama Premise 2012 03 Oct 2012
But I think math, common sense, and our history shows us that's not a recipe for job growth. Barack H. Obama Claim 2012 03 Oct 2012
Look, we've tried this. Barack H. Obama Premise 2012 03 Oct 2012
We've tried both approaches. Barack H. Obama Premise 2012 03 Oct 2012
The approach that Governor Romney's talking about is the same sales pitch that was made in 2001 and 2003, and we ended up with the slowest job growth in 50 years, we ended up moving from surplus to deficits, and it all culminated in the worst financial crisis since the Great Depression. Barack H. Obama Premise 2012 03 Oct 2012
Bill Clinton tried the approach that I'm talking about. Barack H. Obama Premise 2012 03 Oct 2012
We created 23 million new jobs. Barack H. Obama Premise 2012 03 Oct 2012
We went from deficit to surplus. Barack H. Obama Premise 2012 03 Oct 2012
And businesses did very well. Barack H. Obama Premise 2012 03 Oct 2012
So, in some ways, we've got some data on which approach is more likely to create jobs and opportunity for Americans and I believe that the economy works best when middle-class families are getting tax breaks so that they've got some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can afford to do a little bit more to make sure we're not blowing up the deficit. Barack H. Obama Claim 2012 03 Oct 2012
Jim, the president began this segment, so I think I get the last word. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, you're going to get the first word in the next segment. Jim Lehrer O 2012 03 Oct 2012
All right. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, but he gets the first word of that segment. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I get the last word (inaudible) I hope. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Let me just make this comment. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
I think first of all, let me -- let me repeat -- let me repeat what I said. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm not in favor of a $5 trillion tax cut. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's not my plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My plan is not to put in place any tax cut that will add to the deficit. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's point one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So you may keep referring to it as a $5 trillion tax cut, but that's not my plan. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Number two, let's look at history. Willard(Mitt) M. Romney O 2012 03 Oct 2012
My plan is not like anything that's been tried before. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My plan is to bring down rates, but also bring down deductions and exemptions and credits at the same time so the revenue stays in, but that we bring down rates to get more people working. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My priority is putting people back to work in America. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
They're suffering in this country. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And we talk about evidence. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Look at the evidence of the last four years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's absolutely extraordinary. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We've got 23 million people out of work or stopped looking for work in this country. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's just -- it's -- we've got -- when the president took office, 32 million people on food stamps; 47 million on food stamps today; economic growth this year slower than last year, and last year slower than the year before. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Going forward with the status quo is not going to cut it for the American people who are struggling today. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
Let's talk -- we're still on the economy. Jim Lehrer O 2012 03 Oct 2012
This is, theoretically now, a second segment still on the economy, and specifically on what to do about the federal deficit, the federal debt. Jim Lehrer O 2012 03 Oct 2012
And the question, you each have two minutes on this, and Governor Romney, you -- you go first because the president went first on segment one. Jim Lehrer O 2012 03 Oct 2012
And the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country? Jim Lehrer O 2012 03 Oct 2012
Good. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm glad you raised that, and it's a -- it's a critical issue. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I think it's not just an economic issue, I think it's a moral issue. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I think it's, frankly, not moral for my generation to keep spending massively more than we take in, knowing those burdens are going to be passed on to the next generation and they're going to be paying the interest and the principal all their lives. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And the amount of debt we're adding, at a trillion a year, is simply not moral. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
So how do we deal with it? Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, mathematically, there are three ways that you can cut a deficit. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
One, of course, is to raise taxes. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Number two is to cut spending. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And number is to grow the economy, because if more people work in a growing economy, they're paying taxes, and you can get the job done that way. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The presidents would -- president would prefer raising taxes. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I understand. Willard(Mitt) M. Romney O 2012 03 Oct 2012
The problem with raising taxes is that it slows down the rate of growth. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And you could never quite get the job done. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I want to lower spending and encourage economic growth at the same time. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
What things would I cut from spending? Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, first of all, I will eliminate all programs by this test, if they don't pass it: Is the program so critical it's worth borrowing money from China to pay for it? Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And if not, I'll get rid of it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Obamacare's on my list. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I apologize, Mr. President. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I use that term with all respect, by the way. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I like it. Barack H. Obama O 2012 03 Oct 2012
Good. Willard(Mitt) M. Romney O 2012 03 Oct 2012
OK, good. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So I'll get rid of that. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'm sorry, Jim, I'm going to stop the subsidy to PBS. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'm going to stop other things. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I like PBS, I love Big Bird. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Actually like you, too. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But I'm not going to -- I'm not going to keep on spending money on things to borrow money from China to pay for. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's number one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Number two, I'll take programs that are currently good programs but I think could be run more efficiently at the state level and send them to the state. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Number three, I'll make government more efficient and to cut back the number of employees, combine some agencies and departments. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
My cutbacks will be done through attrition, by the way. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
This is the approach we have to take to get America to a balanced budget. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The president said he'd cut the deficit in half. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Unfortunately, he doubled it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Trillion-dollar deficits for the last four years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The president's put it in place as much public debt -- almost as much debt held by the public as al prior presidents combined. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Mr. President, two minutes. Jim Lehrer O 2012 03 Oct 2012
When I walked into the Oval Office, I had more than a trillion-dollar deficit greeting me. Barack H. Obama Premise 2012 03 Oct 2012
And we know where it came from: two wars that were paid for on a credit card; two tax cuts that were not paid for; and a whole bunch of programs that were not paid for; and then a massive economic crisis. Barack H. Obama Claim 2012 03 Oct 2012
And despite that, what we've said is, yes, we had to take some initial emergency measures to make sure we didn't slip into a Great Depression, but what we've also said is, let's make sure that we are cutting out those things that are not helping us grow. Barack H. Obama Premise 2012 03 Oct 2012
So 77 government programs, everything from aircrafts that the Air Force had ordered but weren't working very well, 18 government -- 18 government programs for education that were well-intentioned, not weren't helping kids learn, we went after medical fraud in Medicare and Medicaid very aggressively, more aggressively than ever before, and have saved tens of billions of dollars, $50 billion of waste taken out of the system. Barack H. Obama Premise 2012 03 Oct 2012
And I worked with Democrats and Republicans to cut a trillion dollars out of our discretionary domestic budget. Barack H. Obama Premise 2012 03 Oct 2012
That's the largest cut in the discretionary domestic budget since Dwight Eisenhower. Barack H. Obama Premise 2012 03 Oct 2012
Now, we all know that we've got to do more. Barack H. Obama O 2012 03 Oct 2012
And so I've put forward a specific $4 trillion deficit reduction plan. Barack H. Obama Claim 2012 03 Oct 2012
It's on a website. Barack H. Obama Premise 2012 03 Oct 2012
You can look at all the numbers, what cuts we make and what revenue we raise. Barack H. Obama Premise 2012 03 Oct 2012
And the way we do it is $2.50 for every cut, we ask for $1 of additional revenue, paid for, as I indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. Barack H. Obama Premise 2012 03 Oct 2012
Governor Romney earlier mentioned the Bowles-Simpson commission. Barack H. Obama Premise 2012 03 Oct 2012
Well, that's how the commission -- bipartisan commission that talked about how we should move forward suggested we have to do it, in a balanced way with some revenue and some spending cuts. Barack H. Obama Premise 2012 03 Oct 2012
And this is a major difference that Governor Romney and I have. Barack H. Obama O 2012 03 Oct 2012
Let -- let me just finish their point, because you're looking for contrast. Barack H. Obama O 2012 03 Oct 2012
You know, when Governor Romney stood on a stage with other Republican candidates for the nomination and he was asked, would you take $10 of spending cuts for just $1 of revenue? Barack H. Obama Premise 2012 03 Oct 2012
And he said no. Barack H. Obama Premise 2012 03 Oct 2012
Now, if you take such an unbalanced approach, then that means you are going to be gutting our investments in schools and education. Barack H. Obama Claim 2012 03 Oct 2012
It means that Governor Romney... (CROSSTALK) Barack H. Obama Premise 2012 03 Oct 2012
... talked about Medicaid and how we could send it back to the states, but effectively this means a 30 percent cut in the primary program we help for seniors who are in nursing homes, for kids who are with disabilities. Barack H. Obama Claim 2012 03 Oct 2012
Mr. President, I'm sorry. Jim Lehrer O 2012 03 Oct 2012
And -- and that is not a right strategy for us to move forward. Barack H. Obama Claim 2012 03 Oct 2012
Way over the two minutes. Jim Lehrer O 2012 03 Oct 2012
Sorry. Barack H. Obama O 2012 03 Oct 2012
Governor, what about Simpson-Bowles? Jim Lehrer O 2012 03 Oct 2012
Do you support Simpson-Bowles? Jim Lehrer O 2012 03 Oct 2012
Simpson-Bowles, the president should have grabbed that. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
No, I mean, do you support Simpson-Bowles? Jim Lehrer O 2012 03 Oct 2012
I have my own plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's not the same as Simpson- Bowles. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But in my view, the president should have grabbed it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
If you wanted to make some adjustments to it, take it, go to Congress, fight for it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's what we've done, made some adjustments to it, and we're putting it forward before Congress right now, a $4 trillion plan... Barack H. Obama Claim 2012 03 Oct 2012
But you've been -- but you've been president four years... (CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
You've been president four years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You said you'd cut the deficit in half. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's now four years later. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We still have trillion-dollar deficits. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The CBO says we'll have a trillion-dollar deficit each of the next four years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
If you're re-elected, we'll get to a trillion-dollar debt. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I mean, you have said before you'd cut the deficit in half. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And this -- I love this idea of $4 trillion in cuts. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You found $4 trillion of ways to reduce or to get closer to a balanced budget, except we still show trillion-dollar deficits every year. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That doesn't get the job done. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Let me come back and say, why is it that I don't want to raise taxes? Willard(Mitt) M. Romney O 2012 03 Oct 2012
Why don't I want to raise taxes on people? Willard(Mitt) M. Romney O 2012 03 Oct 2012
And actually, you said it back in 2010. Willard(Mitt) M. Romney O 2012 03 Oct 2012
You said, "Look, I'm going to extend the tax policies that we have now; I'm not going to raise taxes on anyone, because when the economy is growing slow like this, when we're in recession, you shouldn't raise taxes on anyone." Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Well, the economy is still growing slow. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
As a matter of fact, it's growing much more slowly now than when you made that statement. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And so if you believe the same thing, you just don't want to raise taxes on people. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And the reality is it's not just wealthy people -- you mentioned Donald Trump. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's not just Donald Trump you're taxing. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's all those businesses that employ one-quarter of the workers in America; these small businesses that are taxed as individuals. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You raise taxes and you kill jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's why the National Federation of Independent Businesses said your plan will kill 700,000 jobs. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I don't want to kill jobs in this environment. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'll make one more point. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
(inaudible) answer the taxes thing for a moment. Jim Lehrer O 2012 03 Oct 2012
OK. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Mr. President? Jim Lehrer O 2012 03 Oct 2012
Well, we've had this discussion before. Barack H. Obama O 2012 03 Oct 2012
About the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. Jim Lehrer O 2012 03 Oct 2012
There has to be revenue in addition to cuts. Barack H. Obama Claim 2012 03 Oct 2012
Now, Governor Romney has ruled out revenue. Barack H. Obama Premise 2012 03 Oct 2012
He's ruled out revenue. Barack H. Obama Premise 2012 03 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 03 Oct 2012
Absolutely. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
Look, the revenue I get is by more people working, getting higher pay, paying more taxes. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's how we get growth and how we balance the budget. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But the idea of taxing people more, putting more people out of work, you'll never get there. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You'll never balance the budget by raising taxes. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Spain -- Spain spends 42 percent of their total economy on government. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We're now spending 42 percent of our economy on government. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I don't want to go down the path to Spain. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I want to go down the path of growth that puts Americans to work with more money coming in because they're working. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But -- but Mr. President, you're saying in order to -- to get the job done, it's got to be balanced. Jim Lehrer O 2012 03 Oct 2012
You've got to have... (CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
If -- if we're serious, we've got to take a balanced, responsible approach. Barack H. Obama Claim 2012 03 Oct 2012
And by the way, this is not just when it comes to individual taxes. Barack H. Obama Claim 2012 03 Oct 2012
Let's talk about corporate taxes. Barack H. Obama Claim 2012 03 Oct 2012
Now, I've identified areas where we can, right away, make a change that I believe would actually help the economy. Barack H. Obama Claim 2012 03 Oct 2012
The oil industry gets $4 billion a year in corporate welfare. Barack H. Obama Premise 2012 03 Oct 2012
Basically, they get deductions that those small businesses that Governor Romney refers to, they don't get. Barack H. Obama Premise 2012 03 Oct 2012
Now, does anybody think that ExxonMobil needs some extra money, when they're making money every time you go to the pump? Barack H. Obama Premise 2012 03 Oct 2012
Why wouldn't we want to eliminate that? Barack H. Obama Premise 2012 03 Oct 2012
Why wouldn't we eliminate tax breaks for corporate jets? Barack H. Obama Premise 2012 03 Oct 2012
My attitude is, if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it. Barack H. Obama Claim 2012 03 Oct 2012
When it comes to corporate taxes, Governor Romney has said he wants to, in a revenue neutral way, close loopholes, deductions -- he hasn't identified which ones they are -- but that thereby bring down the corporate rate. Barack H. Obama Premise 2012 03 Oct 2012
Well, I want to do the same thing, but I've actually identified how we can do that. Barack H. Obama Claim 2012 03 Oct 2012
And part of the way to do it is to not give tax breaks to companies that are shipping jobs overseas. Barack H. Obama Claim 2012 03 Oct 2012
Right now, you can actually take a deduction for moving a plant overseas. Barack H. Obama Premise 2012 03 Oct 2012
I think most Americans would say that doesn't make sense. Barack H. Obama Claim 2012 03 Oct 2012
And all that raises revenue. Barack H. Obama Premise 2012 03 Oct 2012
And so if we take a balanced approach, what that then allows us to do is also to help young people, the way we already have during my administration, make sure that they can afford to go to college. Barack H. Obama Claim 2012 03 Oct 2012
It means that the teacher that I met in Las Vegas, a wonderful young lady, who describes to me -- she's got 42 kids in her class. Barack H. Obama Premise 2012 03 Oct 2012
The first two weeks she's got them, some of them sitting on the floor until finally they get reassigned. Barack H. Obama Premise 2012 03 Oct 2012
They're using text books that are 10 years old. Barack H. Obama Premise 2012 03 Oct 2012
That is not a recipe for growth. Barack H. Obama Claim 2012 03 Oct 2012
That's not how America was built. Barack H. Obama Premise 2012 03 Oct 2012
And so budgets reflect choices. Barack H. Obama O 2012 03 Oct 2012
Ultimately, we're going to have to make some decisions. Barack H. Obama Premise 2012 03 Oct 2012
And if we're asking for no revenue, then that means that we've got to get rid of a whole bunch of stuff. Barack H. Obama Claim 2012 03 Oct 2012
And the magnitude of the tax cuts that you're talking about, Governor, would end up resulting in severe hardship for people, but more importantly, would not help us grow. Barack H. Obama Claim 2012 03 Oct 2012
As I indicated before, when you talk about shifting Medicaid to states, we're talking about potentially a 30 -- a 30 percent cut in Medicaid over time. Barack H. Obama Premise 2012 03 Oct 2012
Now, you know, that may not seem like a big deal when it just is, you know, numbers on a sheet of paper, but if we're talking about a family who's got an autistic kid and is depending on that Medicaid, that's a big problem. Barack H. Obama Premise 2012 03 Oct 2012
And governors are creative. Barack H. Obama Premise 2012 03 Oct 2012
There's no doubt about it. Barack H. Obama Premise 2012 03 Oct 2012
But they're not creative enough to make up for 30 percent of revenue on something like Medicaid. Barack H. Obama Claim 2012 03 Oct 2012
What ends up happening is some people end up not getting help. Barack H. Obama Claim 2012 03 Oct 2012
Jim, let's -- we've gone on a lot of topics there, and so it's going to take a minute to go from Medicaid to schools... Willard(Mitt) M. Romney O 2012 03 Oct 2012
Come back to... (CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
... to oil, to tax breaks, then companies going overseas. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So let's go through them one by one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
First of all, the Department of Energy has said the tax break for oil companies is $2.8 billion a year. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And it's actually an accounting treatment, as you know, that's been in place for a hundred years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Now... Willard(Mitt) M. Romney O 2012 03 Oct 2012
It's time to end it. Barack H. Obama Claim 2012 03 Oct 2012
And in one year, you provided $90 billion in breaks to the green energy world. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Now, I like green energy as well, but that's about 50 years' worth of what oil and gas receives. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And you say Exxon and Mobil. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Actually, this $2.8 billion goes largely to small companies, to drilling operators and so forth. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But, you know, if we get that tax rate from 35 percent down to 25 percent, why that $2.8 billion is on the table. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Of course it's on the table. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's probably not going to survive you get that rate down to 25 percent. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But don't forget, you put $90 billion, like 50 years' worth of breaks, into -- into solar and wind, to Solyndra and Fisker and Tester and Ener1. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I mean, I had a friend who said you don't just pick the winners and losers, you pick the losers, all right? Willard(Mitt) M. Romney O 2012 03 Oct 2012
So this -- this is not -- this is not the kind of policy you want to have if you want to get America energy secure. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The second topic, which is you said you get a deduction for taking a plant overseas. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Look, I've been in business for 25 years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I have no idea what you're talking about. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I maybe need to get a new accountant. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Let's... Jim Lehrer O 2012 03 Oct 2012
But -- but the idea that you get a break for shipping jobs overseas is simply not the case. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
What we do have right now is a setting where I'd like to bring money from overseas back to this country. Willard(Mitt) M. Romney O 2012 03 Oct 2012
And, finally, Medicaid to states? Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm not quite sure where that came in, except this, which is, I would like to take the Medicaid dollars that go to states and say to a state, you're going to get what you got last year, plus inflation, plus 1 percent, and then you're going to manage your care for your poor in the way you think best. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I remember, as a governor, when this idea was floated by Tommy Thompson, the governors -- Republican and Democrats -- said, please let us do that. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We can care for our own poor in so much better and more effective a way than having the federal government tell us how to care for our poor. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So -- so let's state -- one of the magnificent things about this country is the whole idea that states are the laboratories of democracy. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Don't have the federal government tell everybody what kind of training programs they have to have and what kind of Medicaid they have to have. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Let states do this. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And, by the way, if a state gets in trouble, well, we can step in and see if we can find a way to help them. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Let's go. Jim Lehrer O 2012 03 Oct 2012
But -- but the right -- the right approach is one which relies on the brilliance of our people and states, not the federal government. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
(inaudible) and we're going on -- still on the economy, on another -- but another part of it... Jim Lehrer O 2012 03 Oct 2012
OK. Barack H. Obama O 2012 03 Oct 2012
All right? Jim Lehrer O 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
This is segment three, the economy. Jim Lehrer O 2012 03 Oct 2012
Entitlements. Jim Lehrer O 2012 03 Oct 2012
First -- first answer goes to you, two minutes, Mr. President. Jim Lehrer O 2012 03 Oct 2012
Do you see a major difference between the two of you on Social Security? Jim Lehrer O 2012 03 Oct 2012
You know, I suspect that, on Social Security, we've got a somewhat similar position. Barack H. Obama Claim 2012 03 Oct 2012
Social Security is structurally sound. Barack H. Obama Premise 2012 03 Oct 2012
It's going to have to be tweaked the way it was by Ronald Reagan and Speaker -- Democratic Speaker Tip O'Neill. Barack H. Obama Claim 2012 03 Oct 2012
But it is -- the basic structure is sound. Barack H. Obama O 2012 03 Oct 2012
But -- but I want to talk about the values behind Social Security and Medicare, and then talk about Medicare, because that's the big driver of our deficits right now. Barack H. Obama O 2012 03 Oct 2012
You know, my grandmother -- some of you know -- helped to raise me. Barack H. Obama Premise 2012 03 Oct 2012
My grandparents did. Barack H. Obama Premise 2012 03 Oct 2012
My grandfather died a while back. Barack H. Obama Premise 2012 03 Oct 2012
My grandmother died three days before I was elected president. Barack H. Obama Premise 2012 03 Oct 2012
And she was fiercely independent. Barack H. Obama Premise 2012 03 Oct 2012
She worked her way up, only had a high school education, started as a secretary, ended up being the vice president of a local bank. Barack H. Obama Premise 2012 03 Oct 2012
And she ended up living alone by choice. Barack H. Obama Premise 2012 03 Oct 2012
And the reason she could be independent was because of Social Security and Medicare. Barack H. Obama Claim 2012 03 Oct 2012
She had worked all her life, put in this money, and understood that there was a basic guarantee, a floor under which she could not go. Barack H. Obama Premise 2012 03 Oct 2012
And that's the perspective I bring when I think about what's called entitlements. Barack H. Obama Claim 2012 03 Oct 2012
You know, the name itself implies some sense of dependency on the part of these folks. Barack H. Obama Premise 2012 03 Oct 2012
These are folks who've worked hard, like my grandmother, and there are millions of people out there who are counting on this. Barack H. Obama Premise 2012 03 Oct 2012
So my approach is to say, how do we strengthen the system over the long term? Barack H. Obama Claim 2012 03 Oct 2012
And in Medicare, what we did was we said, we are going to have to bring down the costs if we're going to deal with our long-term deficits, but to do that, let's look where some of the money's going. Barack H. Obama Premise 2012 03 Oct 2012
$716 billion we were able to save from the Medicare program by no longer overpaying insurance companies by making sure that we weren't overpaying providers. Barack H. Obama Premise 2012 03 Oct 2012
And using that money, we were actually able to lower prescription drug costs for seniors by an average of $600, and we were also able to make a -- make a significant dent in providing them the kind of preventive care that will ultimately save money through the -- throughout the system. Barack H. Obama Premise 2012 03 Oct 2012
So the way for us to deal with Medicare in particular is to lower health care costs. Barack H. Obama Claim 2012 03 Oct 2012
When it comes to Social Security, as I said, you don't need a major structural change in order to make sure that Social Security is there for the future. Barack H. Obama Claim 2012 03 Oct 2012
We'll follow up on this. Jim Lehrer O 2012 03 Oct 2012
First, Governor Romney, you have two minutes on Social Security and entitlements. Jim Lehrer O 2012 03 Oct 2012
Well, Jim, our seniors depend on these programs, and I know anytime we talk about entitlements, people become concerned that something's going to happen that's going to change their life for the worse. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And the answer is neither the president nor I are proposing any changes for any current retirees or near retirees, either to Social Security or Medicare. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
So if you're 60 or around 60 or older, you don't need to listen any further. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But for younger people, we need to talk about what changes are going to be occurring. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Oh, I just thought about one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
And that is, in fact, I was wrong when I said the president isn't proposing any changes for current retirees. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
In fact he is on Medicare. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
On Social Security he's not. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But on Medicare, for current retirees, he's cutting $716 billion from the program. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Now, he says by not overpaying hospitals and providers. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Actually just going to them and saying, "We're going to reduce the rates you get paid across the board, everybody's going to get a lower rate." Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's not just going after places where there's abuse. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's saying we're cutting the rates. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Some 15 percent of hospitals and nursing homes say they won't take anymore Medicare patients under that scenario. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We also have 50 percent of doctors who say they won't take more Medicare patients. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This -- we have 4 million people on Medicare Advantage that will lose Medicare Advantage because of those $716 billion in cuts. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I can't understand how you can cut Medicare $716 billion for current recipients of Medicare. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Now, you point out, well, we're putting some back. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We're going to give a better prescription program. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's $1 -- that's $1 for every $15 you've cut. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
They're smart enough to know that's not a good trade. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I want to take that $716 billion you've cut and put it back into Medicare. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
By the way, we can include a prescription program if we need to improve it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But the idea of cutting $716 billion from Medicare to be able to balance the additional cost of Obamacare is, in my opinion, a mistake. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And with regards to young people coming along, I've got proposals to make sure Medicare and Social Security are there for them without any question. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Mr. President? Jim Lehrer O 2012 03 Oct 2012
First of all, I think it's important for Governor Romney to present this plan that he says will only affect folks in the future. Barack H. Obama Claim 2012 03 Oct 2012
And the essence of the plan is that you would turn Medicare into a voucher program. Barack H. Obama Claim 2012 03 Oct 2012
It's called premium support, but it's understood to be a voucher program. Barack H. Obama Premise 2012 03 Oct 2012
His running mate... Barack H. Obama O 2012 03 Oct 2012
And you don't support that? Jim Lehrer O 2012 03 Oct 2012
I don't. Barack H. Obama O 2012 03 Oct 2012
And let me explain why. Barack H. Obama O 2012 03 Oct 2012
Again, that's for future... Willard(Mitt) M. Romney O 2012 03 Oct 2012
I understand. Barack H. Obama O 2012 03 Oct 2012
... people, right, not for current retirees. Willard(Mitt) M. Romney O 2012 03 Oct 2012
For -- so if you're -- if you're 54 or 55, you might want to listen 'cause this -- this will affect you. Barack H. Obama O 2012 03 Oct 2012
The idea, which was originally presented by Congressman Ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. Barack H. Obama Premise 2012 03 Oct 2012
The problem is that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior about $6,000 a year. Barack H. Obama Premise 2012 03 Oct 2012
Now, in fairness, what Governor Romney has now said is he'll maintain traditional Medicare alongside it. Barack H. Obama Premise 2012 03 Oct 2012
But there's still a problem, because what happens is, those insurance companies are pretty clever at figuring out who are the younger and healthier seniors. Barack H. Obama Premise 2012 03 Oct 2012
They recruit them, leaving the older, sicker seniors in Medicare. Barack H. Obama Premise 2012 03 Oct 2012
And every health care economist that looks at it says, over time, what'll happen is the traditional Medicare system will collapse. Barack H. Obama Premise 2012 03 Oct 2012
And then what you've got is folks like my grandmother at the mercy of the private insurance system precisely at the time when they are most in need of decent health care. Barack H. Obama Premise 2012 03 Oct 2012
So, I don't think vouchers are the right way to go. Barack H. Obama Claim 2012 03 Oct 2012
And this is not my own -- only my opinion. Barack H. Obama Claim 2012 03 Oct 2012
AARP thinks that the -- the savings that we obtained from Medicare bolster the system, lengthen the Medicare trust fund by eight years. Barack H. Obama Premise 2012 03 Oct 2012
Benefits were not affected at all. Barack H. Obama Premise 2012 03 Oct 2012
And ironically, if you repeal Obamacare, and I have become fond of this term, "Obamacare," if you repeal it, what happens is those seniors right away are going to be paying $600 more in prescription care. Barack H. Obama Premise 2012 03 Oct 2012
They're now going to have to be paying copays for basic checkups that can keep them healthier. Barack H. Obama Claim 2012 03 Oct 2012
And the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't making seniors any healthier. Barack H. Obama Premise 2012 03 Oct 2012
And I don't think that's the right approach when it comes to making sure that Medicare is stronger over the long term. Barack H. Obama Claim 2012 03 Oct 2012
We'll talk about -- specifically about health care in a moment. Jim Lehrer O 2012 03 Oct 2012
But what -- do you support the voucher system, Governor? Jim Lehrer O 2012 03 Oct 2012
What I support is no change for current retirees and near-retirees to Medicare. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And the president supports taking $716 billion out of that program. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And what about the vouchers? Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
So that's -- that's number one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Number two is for people coming along that are young, what I do to make sure that we can keep Medicare in place for them is to allow them either to choose the current Medicare program or a private plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Their choice. Willard(Mitt) M. Romney O 2012 03 Oct 2012
They get to choose -- and they'll have at least two plans that will be entirely at no cost to them. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
So they don't have to pay additional money, no additional $6,000. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's not going to happen. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
They'll have at least two plans. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And by the way, if the government can be as efficient as the private sector and offer premiums that are as low as the private sector, people will be happy to get traditional Medicare or they'll be able to get a private plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I know my own view is I'd rather have a private plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'd just assume not have the government telling me what kind of health care I get. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I'd rather be able to have an insurance company. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
If I don't like them, I can get rid of them and find a different insurance company. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But people make their own choice. Willard(Mitt) M. Romney O 2012 03 Oct 2012
The other thing we have to do to save Medicare? Willard(Mitt) M. Romney O 2012 03 Oct 2012
We have to have the benefits high for those that are low income, but for higher income people, we're going to have to lower some of the benefits. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We have to make sure this program is there for the long term. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's the plan that I've put forward. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And, by the way the idea came not even from Paul Ryan or -- or Senator Wyden, who's the co-author of the bill with -- with Paul Ryan in the Senate, but also it came from Bill -- Bill Clinton's chief of staff. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is an idea that's been around a long time, which is saying, hey, let's see if we can't get competition into the Medicare world so that people can get the choice of different plans at lower cost, better quality. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I believe in competition. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Jim, if I -- if I can just respond very quickly, first of all, every study has shown that Medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. Barack H. Obama O 2012 03 Oct 2012
And private insurers have to make a profit. Barack H. Obama Premise 2012 03 Oct 2012
Nothing wrong with that. Barack H. Obama Premise 2012 03 Oct 2012
That's what they do. Barack H. Obama Premise 2012 03 Oct 2012
And so you've got higher administrative costs, plus profit on top of that. Barack H. Obama Claim 2012 03 Oct 2012
And if you are going to save any money through what Governor Romney's proposing, what has to happen is, is that the money has to come from somewhere. Barack H. Obama Premise 2012 03 Oct 2012
And when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. Barack H. Obama Claim 2012 03 Oct 2012
And over time, if traditional Medicare has decayed or fallen apart, then they're stuck. Barack H. Obama Claim 2012 03 Oct 2012
And this is the reason why AARP has said that your plan would weaken Medicare substantially. Barack H. Obama Premise 2012 03 Oct 2012
And that's why they were supportive of the approach that we took. Barack H. Obama Premise 2012 03 Oct 2012
One last point I want to make. Barack H. Obama O 2012 03 Oct 2012
We do have to lower the cost of health care, not just in Medicare and Medicaid... LEHRER: Talk about that in a minute. Barack H. Obama Claim 2012 03 Oct 2012
... but -- but -- but overall. Barack H. Obama O 2012 03 Oct 2012
OK. Jim Lehrer O 2012 03 Oct 2012
And so... Barack H. Obama O 2012 03 Oct 2012
That's -- that's a big topic. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Can we -- can we stay on Medicare? Willard(Mitt) M. Romney O 2012 03 Oct 2012
Is that a -- is that a separate topic? Barack H. Obama O 2012 03 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 03 Oct 2012
Yeah, we're going to -- yeah, I want to get to it. Jim Lehrer O 2012 03 Oct 2012
I'm sorry. Barack H. Obama O 2012 03 Oct 2012
But all I want to do is go very quickly... Jim Lehrer O 2012 03 Oct 2012
Let's get back to Medicare. Willard(Mitt) M. Romney O 2012 03 Oct 2012
... before we leave the economy... Jim Lehrer O 2012 03 Oct 2012
Let's get back to Medicare. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
The president said that the government can provide the service at lower cost and without a profit. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
If that's the case, then it will always be the best product that people can purchase. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Wait a minute, Governor. Jim Lehrer O 2012 03 Oct 2012
But my experience -- my experience the private sector typically is able to provide a better product at a lower cost. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
Can we -- can the two of you agree that the voters have a choice -- a clear choice between the two... Jim Lehrer O 2012 03 Oct 2012
Absolutely. Willard(Mitt) M. Romney O 2012 03 Oct 2012
... of you on Medicare? Jim Lehrer O 2012 03 Oct 2012
Absolutely. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Absolutely. Barack H. Obama O 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
So to finish quickly, briefly, on the economy, what is your view about the level of federal regulation of the economy right now? Jim Lehrer O 2012 03 Oct 2012
Is there too much? Jim Lehrer O 2012 03 Oct 2012
And in your case, Mr. President, is there -- should there be more? Jim Lehrer O 2012 03 Oct 2012
Beginning with you. Jim Lehrer O 2012 03 Oct 2012
This is not a new two-minute segment to start. Jim Lehrer O 2012 03 Oct 2012
And we'll go for a few minutes, and then we're going to go to health care, OK? Jim Lehrer O 2012 03 Oct 2012
Regulation is essential. Willard(Mitt) M. Romney O 2012 03 Oct 2012
You can't have a free market work if you don't have regulation. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
As a businessperson, I had to have -- I need to know the regulations. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I needed them there. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You couldn't have people opening up banks in their -- in their garage and making loans. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I mean, you have to have regulations so that you can have an economy work. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Every free economy has good regulation. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
At the same time, regulation can become excessive. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Is it excessive now, do you think? Jim Lehrer O 2012 03 Oct 2012
In some places, yes. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Other places, no. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Like where? Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
No, it can become out of date. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And what's happened with some of the legislation that's been passed during the president's term, you've seen regulation become excessive, and it's hurt -- it's hurt the economy. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Let me give you an example. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Dodd-Frank was passed. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And it includes within it a number of provisions that I think has some unintended consequences that are harmful to the economy. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
One is it designates a number of banks as too big to fail, and they're effectively guaranteed by the federal government. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is the biggest kiss that's been given to -- to New York banks I've ever seen. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is an enormous boon for them. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
There've been 122 community and small banks have closed since Dodd- Frank. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So there's one example. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Here's another. Willard(Mitt) M. Romney O 2012 03 Oct 2012
In Dodd-Frank... Willard(Mitt) M. Romney O 2012 03 Oct 2012
Do you want to repeal Dodd-Frank? Jim Lehrer O 2012 03 Oct 2012
Well, I would repeal and replace it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We're not going to get rid of all regulation. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You have to have regulation. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And there are some parts of Dodd-Frank that make all the sense in the world. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You need transparency, you need to have leverage limits for... Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Well, here's a specific... (CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
But let's -- let's mention -- let me mention the other one. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Let's talk... (CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
No, let's not. Jim Lehrer O 2012 03 Oct 2012
Let's let him respond -- let's let him respond to this specific on Dodd-Frank and what the governor just said. Jim Lehrer O 2012 03 Oct 2012
I think this is a great example. Barack H. Obama O 2012 03 Oct 2012
The reason we have been in such a enormous economic crisis was prompted by reckless behavior across the board. Barack H. Obama Claim 2012 03 Oct 2012
Now, it wasn't just on Wall Street. Barack H. Obama Claim 2012 03 Oct 2012
You had loan officers were -- that were giving loans and mortgages that really shouldn't have been given, because the folks didn't qualify. Barack H. Obama Premise 2012 03 Oct 2012
You had people who were borrowing money to buy a house that they couldn't afford. Barack H. Obama Premise 2012 03 Oct 2012
You had credit agencies that were stamping these as A1 great investments when they weren't. Barack H. Obama Premise 2012 03 Oct 2012
But you also had banks making money hand over fist, churning out products that the bankers themselves didn't even understand, in order to make big profits, but knowing that it made the entire system vulnerable. Barack H. Obama Premise 2012 03 Oct 2012
So what did we do? Barack H. Obama O 2012 03 Oct 2012
We stepped in and had the toughest reforms on Wall Street since the 1930s. Barack H. Obama Premise 2012 03 Oct 2012
We said you've got -- banks, you've got to raise your capital requirements. Barack H. Obama Premise 2012 03 Oct 2012
You can't engage in some of this risky behavior that is putting Main Street at risk. Barack H. Obama Premise 2012 03 Oct 2012
We've going to make sure that you've got to have a living will so -- so we can know how you're going to wind things down if you make a bad bet so we don't have other taxpayer bailouts. Barack H. Obama Premise 2012 03 Oct 2012
In the meantime, by the way, we also made sure that all the help that we provided those banks was paid back every single dime, with interest. Barack H. Obama Premise 2012 03 Oct 2012
Now, Governor Romney has said he wants to repeal Dodd-Frank. Barack H. Obama Claim 2012 03 Oct 2012
And, you know, I appreciate and it appears we've got some agreement that a marketplace to work has to have some regulation. Barack H. Obama O 2012 03 Oct 2012
But in the past, Governor Romney has said he just want to repeal Dodd- Frank, roll it back. Barack H. Obama Claim 2012 03 Oct 2012
And so the question is: Does anybody out there think that the big problem we had is that there was too much oversight and regulation of Wall Street? Barack H. Obama O 2012 03 Oct 2012
Because if you do, then Governor Romney is your candidate. Barack H. Obama O 2012 03 Oct 2012
But that's not what I believe. Barack H. Obama Claim 2012 03 Oct 2012
Sorry, but that's just not -- that's just not the facts. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Look, we have to have regulation on Wall Street. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's why I'd have regulation. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But I wouldn't designate five banks as too big to fail and give them a blank check. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's one of the unintended consequences of Dodd-Frank. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It wasn't thought through properly. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We need to get rid of that provision because it's killing regional and small banks. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
They're getting hurt. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Let me mention another regulation in Dodd-Frank. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You say we were giving mortgages to people who weren't qualified. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's exactly right. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's one of the reasons for the great financial calamity we had. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And so Dodd-Frank correctly says we need to have qualified mortgages, and if you give a mortgage that's not qualified, there are big penalties, except they didn't ever go on and define what a qualified mortgage was. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's been two years. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We don't know what a qualified mortgage is yet. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So banks are reluctant to make loans, mortgages. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Try and get a mortgage these days. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's hurt the housing market because Dodd-Frank didn't anticipate putting in place the kinds of regulations you have to have. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's not that Dodd-Frank always was wrong with too much regulation. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Sometimes they didn't come out with a clear regulation. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I will make sure we don't hurt the functioning of our -- of our marketplace and our business, because I want to bring back housing and get good jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
I think we have another clear difference between the two of you. Jim Lehrer O 2012 03 Oct 2012
Now, let's move to health care where I know there is a clear difference, and that has to do with the Affordable Care Act, Obamacare. Jim Lehrer O 2012 03 Oct 2012
And it's a two-minute new -- new segment, and that means two minutes each. Jim Lehrer O 2012 03 Oct 2012
And you go first, Governor Romney. Jim Lehrer O 2012 03 Oct 2012
You want it repealed. Jim Lehrer O 2012 03 Oct 2012
You want the Affordable Care Act repealed. Jim Lehrer O 2012 03 Oct 2012
Why? Jim Lehrer O 2012 03 Oct 2012
I sure do. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Well, in part, it comes, again, from my experience. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You know, I was in New Hampshire. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
A woman came to me and she said, look, I can't afford insurance for myself or my son. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I met a couple in Appleton, Wisconsin, and they said, we're thinking of dropping our insurance, we can't afford it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And the number of small businesses I've gone to that are saying they're dropping insurance because they can't afford it, the cost of health care is just prohibitive. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And -- and we've got to deal with cost. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And, unfortunately, when -- when -- when you look at Obamacare, the Congressional Budget Office has said it will cost $2,500 a year more than traditional insurance. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So it's adding to cost. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And as a matter of fact, when the president ran for office, he said that, by this year, he would have brought down the cost of insurance for each family by $2,500 a family. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Instead, it's gone up by that amount. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So it's expensive. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Expensive things hurt families. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So that's one reason I don't want it. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Second reason, it cuts $716 billion from Medicare to pay for it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I want to put that money back in Medicare for our seniors. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Number three, it puts in place an unelected board that's going to tell people ultimately what kind of treatments they can have. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I don't like that idea. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Fourth, there was a survey done of small businesses across the country, said, what's been the effect of Obamacare on your hiring plans? Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And three-quarters of them said it makes us less likely to hire people. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the -- at the kitchen table, and spend his energy and passion for two years fighting for Obamacare instead of fighting for jobs for the American people. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It has killed jobs. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And the best course for health care is to do what we did in my state: craft a plan at the state level that fits the needs of the state. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And then let's focus on getting the costs down for people, rather than raising it with the $2,500 additional premium. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Mr. President, the argument against repeal? Jim Lehrer O 2012 03 Oct 2012
Well, four years ago, when I was running for office, I was traveling around and having those same conversations that Governor Romney talks about. Barack H. Obama Premise 2012 03 Oct 2012
And it wasn't just that small businesses were seeing costs skyrocket and they couldn't get affordable coverage even if they wanted to provide it to their employees. Barack H. Obama Premise 2012 03 Oct 2012
It wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families who were worried about going bankrupt if they got sick, millions of families, all across the country. Barack H. Obama Premise 2012 03 Oct 2012
If they had a pre-existing condition, they might not be able to get coverage at all. Barack H. Obama Premise 2012 03 Oct 2012
If they did have coverage, insurance companies might impose an arbitrary limit. Barack H. Obama Premise 2012 03 Oct 2012
And so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills, because the insurance companies say that they've hit the limit. Barack H. Obama Premise 2012 03 Oct 2012
So we did work on this, alongside working on jobs, because this is part of making sure that middle-class families are secure in this country. Barack H. Obama Premise 2012 03 Oct 2012
And let me tell you exactly what Obamacare did. Barack H. Obama O 2012 03 Oct 2012
Number one, if you've got health insurance, it doesn't mean a government takeover. Barack H. Obama Claim 2012 03 Oct 2012
You keep your own insurance. Barack H. Obama Premise 2012 03 Oct 2012
You keep your own doctor. Barack H. Obama Premise 2012 03 Oct 2012
But it does say insurance companies can't jerk you around. Barack H. Obama Premise 2012 03 Oct 2012
They can't impose arbitrary lifetime limits. Barack H. Obama Premise 2012 03 Oct 2012
They have to let you keep your kid on their insurance -- your insurance plan until you're 26 years old. Barack H. Obama Premise 2012 03 Oct 2012
And it also says that you're going to have to get rebates if insurance companies are spending more on administrative costs and profits than they are on actual care. Barack H. Obama Premise 2012 03 Oct 2012
Number two, if you don't have health insurance, we're essentially setting up a group plan that allows you to benefit from group rates that are typically 18 percent lower than if you're out there trying to get insurance on the individual market. Barack H. Obama Claim 2012 03 Oct 2012
Now, the last point I'd make before... Barack H. Obama O 2012 03 Oct 2012
Two minutes -- two minutes is up, sir. Jim Lehrer O 2012 03 Oct 2012
No, I think -- I had five seconds before you interrupted me, was ... (LAUGHTER) ... the irony is that we've seen this model work really well in Massachusetts, because Governor Romney did a good thing, working with Democrats in the state to set up what is essentially the identical model and as a consequence people are covered there. Barack H. Obama Premise 2012 03 Oct 2012
It hasn't destroyed jobs. Barack H. Obama Claim 2012 03 Oct 2012
And as a consequence, we now have a system in which we have the opportunity to start bringing down costs, as opposed to just leaving millions of people out in the cold. Barack H. Obama Claim 2012 03 Oct 2012
Your five seconds went away a long time ago. Jim Lehrer O 2012 03 Oct 2012
All right, Governor. Jim Lehrer O 2012 03 Oct 2012
Governor, tell -- tell the president directly why you think what he just said is wrong about Obamacare? Jim Lehrer O 2012 03 Oct 2012
Well, I did with my first statement. Willard(Mitt) M. Romney O 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
First of all, I like the way we did it in Massachusetts. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I like the fact that in my state, we had Republicans and Democrats come together and work together. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
What you did instead was to push through a plan without a single Republican vote. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
As a matter of fact, when Massachusetts did something quite extraordinary -- elected a Republican senator to stop Obamacare, you pushed it through anyway. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So entirely on a partisan basis, instead of bringing America together and having a discussion on this important topic, you pushed through something that you and Nancy Pelosi and Harry Reid thought was the best answer and drove it through. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
What we did in a legislature 87 percent Democrat, we worked together; 200 legislators in my legislature, only two voted against the plan by the time we were finished. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
What were some differences? Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We didn't raise taxes. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You've raised them by $1 trillion under Obamacare. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We didn't cut Medicare. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Of course, we don't have Medicare, but we didn't cut Medicare by $716 billion. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We didn't put in place a board that can tell people ultimately what treatments they're going to receive. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We didn't also do something that I think a number of people across this country recognize, which is put -- put people in a position where they're going to lose the insurance they had and they wanted. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Right now, the CBO says up to 20 million people will lose their insurance as Obamacare goes into effect next year. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And likewise, a study by McKinsey and Company of American businesses said 30 percent of them are anticipating dropping people from coverage. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So for those reasons, for the tax, for Medicare, for this board, and for people losing their insurance, this is why the American people don't want Medicare -- don't want Obamacare. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It's why Republicans said, do not do this, and the Republicans had -- had the plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
They put a plan out. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
They put out a plan, a bipartisan plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
It was swept aside. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I think something this big, this important has to be done on a bipartisan basis. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And we have to have a president who can reach across the aisle and fashion important legislation with the input from both parties. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Governor Romney said this has to be done on a bipartisan basis. Barack H. Obama Premise 2012 03 Oct 2012
This was a bipartisan idea. Barack H. Obama Claim 2012 03 Oct 2012
In fact, it was a Republican idea. Barack H. Obama Claim 2012 03 Oct 2012
And Governor Romney at the beginning of this debate wrote and said what we did in Massachusetts could be a model for the nation. Barack H. Obama Premise 2012 03 Oct 2012
And I agree that the Democratic legislators in Massachusetts might have given some advice to Republicans in Congress about how to cooperate, but the fact of the matter is, we used the same advisers, and they say it's the same plan. Barack H. Obama Premise 2012 03 Oct 2012
It -- when Governor Romney talks about this board, for example, unelected board that we've created, what this is, is a group of health care experts, doctors, et cetera, to figure out, how can we reduce the cost of care in the system overall? Barack H. Obama Premise 2012 03 Oct 2012
Because there -- there are two ways of dealing with our health care crisis. Barack H. Obama Claim 2012 03 Oct 2012
One is to simply leave a whole bunch of people uninsured and let them fend for themselves, to let businesses figure out how long they can continue to pay premiums until finally they just give up, and their workers are no longer getting insured, and that's been the trend line. Barack H. Obama Claim 2012 03 Oct 2012
Or, alternatively, we can figure out, how do we make the cost of care more effective? Barack H. Obama Claim 2012 03 Oct 2012
And there are ways of doing it. Barack H. Obama Claim 2012 03 Oct 2012
So at Cleveland Clinic, one of the best health care systems in the world, they actually provide great care cheaper than average. Barack H. Obama Premise 2012 03 Oct 2012
And the reason they do is because they do some smart things. Barack H. Obama Premise 2012 03 Oct 2012
They -- they say, if a patient's coming in, let's get all the doctors together at once, do one test instead of having the patient run around with 10 tests. Barack H. Obama Premise 2012 03 Oct 2012
Let's make sure that we're providing preventive care so we're catching the onset of something like diabetes. Barack H. Obama Premise 2012 03 Oct 2012
Let's -- let's pay providers on the basis of performance as opposed to on the basis of how many procedures they've -- they've engaged in. Barack H. Obama Premise 2012 03 Oct 2012
Now, so what this board does is basically identifies best practices and says, let's use the purchasing power of Medicare and Medicaid to help to institutionalize all these good things that we do. Barack H. Obama Claim 2012 03 Oct 2012
And the fact of the matter is that, when Obamacare is fully implemented, we're going to be in a position to show that costs are going down. Barack H. Obama Claim 2012 03 Oct 2012
And over the last two years, health care premiums have gone up -- it's true -- but they've gone up slower than any time in the last 50 years. Barack H. Obama Premise 2012 03 Oct 2012
So we're already beginning to see progress. Barack H. Obama Claim 2012 03 Oct 2012
In the meantime, folks out there with insurance, you're already getting a rebate. Barack H. Obama Premise 2012 03 Oct 2012
Let me make one last point. Barack H. Obama O 2012 03 Oct 2012
Governor Romney says, we should replace it, I'm just going to repeal it, but -- but we can replace it with something. Barack H. Obama Premise 2012 03 Oct 2012
But the problem is, he hasn't described what exactly we'd replace it with, other than saying we're going to leave it to the states. Barack H. Obama Claim 2012 03 Oct 2012
But the fact of the matter is that some of the prescriptions that he's offered, like letting you buy insurance across state lines, there's no indication that that somehow is going to help somebody who's got a pre-existing condition be able to finally buy insurance. Barack H. Obama Premise 2012 03 Oct 2012
In fact, it's estimated that by repealing Obamacare, you're looking at 50 million people losing health insurance... Barack H. Obama Claim 2012 03 Oct 2012
Let's... Jim Lehrer O 2012 03 Oct 2012
... at a time when it's vitally important. Barack H. Obama Premise 2012 03 Oct 2012
Let's let the governor explain what you would do... Jim Lehrer O 2012 03 Oct 2012
Well... Willard(Mitt) M. Romney O 2012 03 Oct 2012
... if Obamacare is repealed. Jim Lehrer O 2012 03 Oct 2012
How would you replace it? Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
Well, actually it's -- it's -- it's a lengthy description. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But, number one, preexisting conditions are covered under my plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Number two, young people are able to stay on their family plan. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's already offered in the private marketplace. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You don't have to have the government mandate that for that to occur. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But let's come back to something the president and I agree on, which is the key task we have in health care is to get the cost down so it's more affordable for families. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And then he has as a model for doing that a board of people at the government, an unelected board, appointed board, who are going to decide what kind of treatment you ought to have. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 03 Oct 2012
In my opinion, the government is not effective in -- in bringing down the cost of almost anything. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
As a matter of fact, free people and free enterprises trying to find ways to do things better are able to be more effective in bringing down the cost than the government will ever be. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Your example of the Cleveland Clinic is my case in point, along with several others I could describe. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is the private market. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
These are small -- these are enterprises competing with each other, learning how to do better and better jobs. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I used to consult to businesses -- excuse me, to hospitals and to health care providers. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I was astonished at the creativity and innovation that exists in the American people. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
In order to bring the cost of health care down, we don't need to have a board of 15 people telling us what kinds of treatments we should have. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We instead need to put insurance plans, providers, hospitals, doctors on target such that they have an incentive, as you say, performance pay, for doing an excellent job, for keeping costs down, and that's happening. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Innermountain Healthcare does it superbly well, Mayo Clinic is doing it superbly well, Cleveland Clinic, others. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But the right answer is not to have the federal government take over health care and start mandating to the providers across America, telling a patient and a doctor what kind of treatment they can have. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's the wrong way to go. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The private market and individual responsibility always work best. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Let me just point out first of all this board that we're talking about can't make decisions about what treatments are given. Barack H. Obama Claim 2012 03 Oct 2012
That's explicitly prohibited in the law. Barack H. Obama Premise 2012 03 Oct 2012
But let's go back to what Governor Romney indicated, that under his plan, he would be able to cover people with preexisting conditions. Barack H. Obama Premise 2012 03 Oct 2012
Well, actually Governor, that isn't what your plan does. Barack H. Obama Claim 2012 03 Oct 2012
What your plan does is to duplicate what's already the law, which says if you are out of health insurance for three months, then you can end up getting continuous coverage and an insurance company can't deny you if you've -- if it's been under 90 days. Barack H. Obama Claim 2012 03 Oct 2012
But that's already the law and that doesn't help the millions of people out there with preexisting conditions. Barack H. Obama Claim 2012 03 Oct 2012
There's a reason why Governor Romney set up the plan that he did in Massachusetts. Barack H. Obama Premise 2012 03 Oct 2012
It wasn't a government takeover of health care. Barack H. Obama Claim 2012 03 Oct 2012
It was the largest expansion of private insurance. Barack H. Obama Claim 2012 03 Oct 2012
But what it does say is that "insurers, you've got to take everybody." Barack H. Obama Premise 2012 03 Oct 2012
Now, that also means that you've got more customers. Barack H. Obama Premise 2012 03 Oct 2012
But when -- when Governor Romney says that he'll replace it with something, but can't detail how it will be in fact replaced and the reason he set up the system he did in Massachusetts was because there isn't a better way of dealing with the preexisting conditions problem. Barack H. Obama Premise 2012 03 Oct 2012
It just reminds me of, you know, he says that he's going to close deductions and loopholes for his tax plan. Barack H. Obama Premise 2012 03 Oct 2012
That's how it's going to be paid for, but we don't know the details. Barack H. Obama Premise 2012 03 Oct 2012
He says that he's going to replace Dodd-Frank, Wall Street reform, but we don't know exactly which ones. Barack H. Obama Premise 2012 03 Oct 2012
He won't tell us. Barack H. Obama Premise 2012 03 Oct 2012
He now says he's going to replace Obamacare and ensure that all the good things that are in it are going to be in there and you don't have to worry. Barack H. Obama Premise 2012 03 Oct 2012
And at some point, I think the American people have to ask themselves, is the reason that Governor Romney is keeping all these plans to replace secret because they're too good? Barack H. Obama O 2012 03 Oct 2012
Is it -- is it because that somehow middle-class families are going to benefit too much from them? Barack H. Obama O 2012 03 Oct 2012
No. Barack H. Obama Claim 2012 03 Oct 2012
The reason is, is because, when we reform Wall Street, when we tackle the problem of pre-existing conditions, then, you know, these are tough problems and we've got to make choices. Barack H. Obama Claim 2012 03 Oct 2012
And the choices we've made have been ones that ultimately are benefiting middle-class families all across the country. Barack H. Obama Claim 2012 03 Oct 2012
We're going to move to... Jim Lehrer O 2012 03 Oct 2012
No. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I -- I have to respond to that. Willard(Mitt) M. Romney O 2012 03 Oct 2012
No, but... Jim Lehrer O 2012 03 Oct 2012
Which is -- which is my experience as a governor is if I come in and -- and lay down a piece of legislation and say, "It's my way or the highway," I don't get a lot done. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
What I do is the same way that Tip O'Neill and Ronald Reagan worked together some years ago. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
When Ronald Reagan ran for office, he laid out the principles that he was going to foster. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He said he was going to lower tax rates. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
He said he was going to broaden the base. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
You've said the same thing, you're going to simplify the tax code, broaden the base. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Those are my principles. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I want to bring down the tax burden on middle-income families. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I'm going to work together with Congress to say, OK, what -- what are the various ways we could bring down deductions, for instance? Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
One way, for instance, would be to have a single number. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Make up a number, $25,000, $50,000. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Anybody can have deductions up to that amount. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And then that number disappears for high-income people. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
That's one way one could do it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
One could follow Bowles-Simpson as a model and take deduction by deduction and make differences that way. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
There are alternatives to accomplish the objective I have, which is to bring down rates, broaden the base, simplify the code, and create incentives for growth. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And with regards to health care, you had remarkable details with regards to my pre-existing condition plan. Willard(Mitt) M. Romney O 2012 03 Oct 2012
You obviously studied up on -- on my plan. Willard(Mitt) M. Romney O 2012 03 Oct 2012
In fact, I do have a plan that deals with people with pre-existing conditions. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That's part of my health care plan. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And what we did in Massachusetts is a model for the nation state by state. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I said that at that time. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The federal government taking over health care for the entire nation and whisking aside the 10th Amendment, which gives states the rights for these kinds of things, is not the course for America to have a stronger, more vibrant economy. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That is a terrific segue to our next segment, and is the role of government. Jim Lehrer O 2012 03 Oct 2012
And -- and let's see. Jim Lehrer O 2012 03 Oct 2012
Role of government. Jim Lehrer O 2012 03 Oct 2012
And it is -- you are first on this, Mr. President. Jim Lehrer O 2012 03 Oct 2012
And the question is this. Jim Lehrer O 2012 03 Oct 2012
Do you believe, both of you -- but you had the first two minutes on this, Mr. President -- do you believe there's a fundamental difference between the two of you as to how you view the mission of the federal government? Jim Lehrer O 2012 03 Oct 2012
Well, I definitely think there are differences. Barack H. Obama Claim 2012 03 Oct 2012
And do you -- yeah. Jim Lehrer O 2012 03 Oct 2012
The first role of the federal government is to keep the American people safe. Barack H. Obama Claim 2012 03 Oct 2012
That's its most basic function. Barack H. Obama Claim 2012 03 Oct 2012
And as commander-in-chief, that is something that I've worked on and thought about every single day that I've been in the Oval Office. Barack H. Obama Premise 2012 03 Oct 2012
But I also believe that government has the capacity, the federal government has the capacity to help open up opportunity and create ladders of opportunity and to create frameworks where the American people can succeed. Barack H. Obama Claim 2012 03 Oct 2012
Look, the genius of America is the free enterprise system and freedom and the fact that people can go out there and start a business, work on an idea, make their own decisions. Barack H. Obama Premise 2012 03 Oct 2012
But as Abraham Lincoln understood, there are also some things we do better together. Barack H. Obama Premise 2012 03 Oct 2012
So, in the middle of the Civil War, Abraham Lincoln said, let's help to finance the Transcontinental Railroad, let's start the National Academy of Sciences, let's start land grant colleges, because we want to give these gateways of opportunity for all Americans, because if all Americans are getting opportunity, we're all going to be better off. Barack H. Obama Premise 2012 03 Oct 2012
That doesn't restrict people's freedom. Barack H. Obama Claim 2012 03 Oct 2012
That enhances it. Barack H. Obama Claim 2012 03 Oct 2012
And so what I've tried to do as president is to apply those same principles. Barack H. Obama Claim 2012 03 Oct 2012
And when it comes to education what I've said is we've got to reform schools that are not working. Barack H. Obama Premise 2012 03 Oct 2012
We use something called Race to the Top. Barack H. Obama Premise 2012 03 Oct 2012
Wasn't a top-down approach, Governor. Barack H. Obama Premise 2012 03 Oct 2012
What we've said is to states, we'll give you more money if you initiate reforms. Barack H. Obama Premise 2012 03 Oct 2012
And as a consequence, you had 46 states around the country who have made a real difference. Barack H. Obama Premise 2012 03 Oct 2012
But what I've also said is let's hire another 100,000 math and science teachers to make sure we maintain our technological lead and our people are skilled and able to succeed. Barack H. Obama Premise 2012 03 Oct 2012
And hard-pressed states right now can't all do that. Barack H. Obama Premise 2012 03 Oct 2012
In fact we've seen layoffs of hundreds of thousands of teachers over the last several years, and Governor Romney doesn't think we need more teachers. Barack H. Obama Premise 2012 03 Oct 2012
I do, because I think that that is the kind of investment where the federal government can help. Barack H. Obama Claim 2012 03 Oct 2012
It can't do it all, but it can make a difference. Barack H. Obama Premise 2012 03 Oct 2012
And as a consequence we'll have a better trained workforce and that will create jobs because companies want to locate in places where we've got a skilled workforce. Barack H. Obama Premise 2012 03 Oct 2012
Two minutes, Governor, on the role of government. Jim Lehrer O 2012 03 Oct 2012
Your view? Jim Lehrer O 2012 03 Oct 2012
Well, first, I love great schools. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Massachusetts, our schools are ranked number one of all 50 states. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And the key to great schools, great teachers. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
So I reject the idea that I don't believe in great teachers or more teachers. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Every school district, every state should make that decision on their own. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The role of government: Look behind us. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The Constitution and the Declaration of Independence. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The role of government is to promote and protect the principles of those documents. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
First, life and liberty. Willard(Mitt) M. Romney O 2012 03 Oct 2012
We have a responsibility to protect the lives and liberties of our people, and that means a military second to none. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I do not believe in cutting our military. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I believe in maintaining the strength of America's military. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Second, in that line that says we are endowed by our creator with our rights, I believe we must maintain our commitment to religious tolerance and freedom in this country. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
That statement also says that we are endowed by our creator with the right to pursue happiness as we choose. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I interpret that as, one, making sure that those people who are less fortunate and can't care for themselves are cared by -- by one another. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We're a nation that believes that we're all children of the same god and we care for those that have difficulties, those that are elderly and have problems and challenges, those that are disabled. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We care for them. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And we -- we look for discovery and innovation, all these things desired out of the American heart to provide the pursuit of happiness for our citizens. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But we also believe in maintaining for individuals the right to pursue their dreams and not to have the government substitute itself for the rights of free individuals. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And what we're seeing right now is, in my view, a -- a trickle-down government approach, which has government thinking it can do a better job than free people pursuing their dreams. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And it's not working. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And the proof of that is 23 million people out of work. Willard(Mitt) M. Romney O 2012 03 Oct 2012
The proof of that is 1 out of 6 people in poverty. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The proof of that is we've gone from 32 million on food stamps to 47 million on food stamps. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The proof of that is that 50 percent of college graduates this year can't find work. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
We know that the path we're taking is not working. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's time for a new path. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
Let's go through some specifics in terms of what -- how each of you views the role of government. Jim Lehrer O 2012 03 Oct 2012
How do -- education. Jim Lehrer O 2012 03 Oct 2012
Does the federal government have a responsibility to improve the quality of public education in America? Jim Lehrer O 2012 03 Oct 2012
Well, the primary responsibility for education is -- is, of course, at the state and local level. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But the federal government also can play a very important role. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And I -- and I agree with Secretary Arne Duncan, he's -- some ideas he's put forward on Race to the Top, not all of them, but some of them I agree with and -- and congratulate him for pursuing that. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
The federal government can get local and -- and state schools to do a better job. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
My own view, by the way, is I've added to that. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I happen to believe, I want the kids that are getting federal dollars from IDEA or Title I -- these are disabled kids or -- or -- or poor kids or -- or lower-income kids, rather, I want them to be able to go to the school of their choice. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
So all federal funds, instead of going to the -- to the state or to the school district, I'd have go, if you will, follow the child and let the parent and the child decide where to send their -- their -- their student. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
How do you see the federal government's responsibility to, as I say, to improve the quality of public education in this country? Jim Lehrer O 2012 03 Oct 2012
Well, as I've indicated, I think that it has a significant role to play. Barack H. Obama O 2012 03 Oct 2012
Through our Race to the Top program, we've worked with Republican and Democratic governors to initiate major reforms, and they're having an impact right now. Barack H. Obama Premise 2012 03 Oct 2012
Do you think you have a difference with your views and -- and those of Governor Romney on -- about education and the federal government? Jim Lehrer O 2012 03 Oct 2012
You know, this is where budgets matter, because budgets reflect choices. Barack H. Obama O 2012 03 Oct 2012
So when Governor Romney indicates that he wants to cut taxes and potentially benefit folks like me and him, and to pay for it we're having to initiate significant cuts in federal support for education, that makes a difference. Barack H. Obama Premise 2012 03 Oct 2012
You know, his -- his running mate, Congressman Ryan, put forward a budget that reflects many of the principles that Governor Romney's talked about. Barack H. Obama Premise 2012 03 Oct 2012
And it wasn't very detailed. Barack H. Obama Premise 2012 03 Oct 2012
This seems to be a trend. Barack H. Obama Premise 2012 03 Oct 2012
But -- but what it did do is to -- if you extrapolated how much money we're talking about, you'd look at cutting the education budget by up to 20 percent. Barack H. Obama Claim 2012 03 Oct 2012
When it comes to community colleges, we are seeing great work done out there all over the country because we have the opportunity to train people for jobs that exist right now. Barack H. Obama Claim 2012 03 Oct 2012
And one of the things I suspect Governor Romney and I probably agree on is getting businesses to work with community colleges so that they're setting up their training programs... Barack H. Obama Premise 2012 03 Oct 2012
Do you -- do you agree, Governor? Jim Lehrer O 2012 03 Oct 2012
Let me just finish the point. Barack H. Obama O 2012 03 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 03 Oct 2012
The -- where they're partnering so that they're designing training programs. Barack H. Obama Premise 2012 03 Oct 2012
And people who are going through them know that there's a job waiting for them if they complete it. Barack H. Obama Premise 2012 03 Oct 2012
That makes a big difference, but that requires some federal support. Barack H. Obama Claim 2012 03 Oct 2012
Let me just say one final example. Barack H. Obama O 2012 03 Oct 2012
When it comes to making college affordable, whether it's two-year or four-year, one of the things that I did as president was we were sending $60 billion to banks and lenders as middlemen for the student loan program, even though the loans were guaranteed. Barack H. Obama Premise 2012 03 Oct 2012
So there was no risk for the banks or the lenders, but they were taking billions out of the system. Barack H. Obama Premise 2012 03 Oct 2012
And we said, "Why not cut out the middleman?" Barack H. Obama Premise 2012 03 Oct 2012
And as a consequence, what we've been able to do is to provide millions more students assistance, lower or keep low interest rates on student loans. Barack H. Obama Premise 2012 03 Oct 2012
And this is an example of where our priorities make a difference. Barack H. Obama O 2012 03 Oct 2012
Governor Romney, I genuinely believe cares about education, but when he tells a student that, you know, "you should borrow money from your parents to go to college," you know, that indicates the degree to which, you know, there may not be as much of a focus on the fact that folks like myself, folks like Michelle, kids probably who attend University of Denver, just don't have that option. Barack H. Obama Premise 2012 03 Oct 2012
And for us to be able to make sure that they've got that opportunity and they can walk through that door, that is vitally important not just to those kids. Barack H. Obama Claim 2012 03 Oct 2012
It's how we're going to grow this economy over the long term. Barack H. Obama Claim 2012 03 Oct 2012
We're running out of time, gentlemen. Jim Lehrer O 2012 03 Oct 2012
(CROSSTALK)_LEHRER: Governor? NaN O 2012 03 Oct 2012
Mr. President, Mr. President, you're entitled as the president to your own airplane and to your own house, but not to your own facts. Willard(Mitt) M. Romney O 2012 03 Oct 2012
All right, I'm not going to cut education funding. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I don't have any plan to cut education funding and -- and grants that go to people going to college. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'm planning on (inaudible) to grow. Willard(Mitt) M. Romney O 2012 03 Oct 2012
So I'm not planning on making changes there. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
But you make a very good point, which is that the place you put your money just makes a pretty clear indication of where your heart is. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You put $90 billion into -- into green jobs. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And I -- look, I'm all in favor of green energy. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
$90 billion, that would have -- that would have hired 2 million teachers. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
$90 billion. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And these businesses, many of them have gone out of business, I think about half of them, of the ones have been invested in have gone out of business. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
A number of them happened to be owned by people who were contributors to your campaigns. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Look, the right course for America's government, we were talking about the role of government, is not to become the economic player, picking winners and losers, telling people what kind of health treatment they can receive, taking over the health care system that has existed in this country for a long, long time and has produced the best health records in the world. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The right answer for government is say, How do we make the private sector become more efficient and more effective? Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
How do we get schools to be more competitive? Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Let's grade them. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I propose we grade our schools so parents know which schools are succeeding and failing, so they can take their child to a -- to a school that he's being more successful. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I don't want to cut our commitment to education. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I wanted to make it more effective and efficient. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And by the way, I've had that experience. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I don't just talk about it. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I've been there. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
Massachusetts schools are ranked number one in the nation. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
This is not because I didn't have commitment to education. Willard(Mitt) M. Romney O 2012 03 Oct 2012
It's because I care about education for all of our kids. Willard(Mitt) M. Romney O 2012 03 Oct 2012
All right, gentlemen... (CROSSTALK) Jim Lehrer O 2012 03 Oct 2012
Excuse me (inaudible). Jim Lehrer O 2012 03 Oct 2012
Excuse me, sir. Jim Lehrer O 2012 03 Oct 2012
We've got -- we've got -- barely have three minutes left. Jim Lehrer O 2012 03 Oct 2012
I'm not going to grade the two of you and say your answers have been too long or I've done a poor job. Jim Lehrer O 2012 03 Oct 2012
You've done a great job. Barack H. Obama O 2012 03 Oct 2012
Oh, well, no. Jim Lehrer O 2012 03 Oct 2012
But the fact is government -- the role of government and governing, we've lost a pod in other words. Jim Lehrer O 2012 03 Oct 2012
So we only have three -- three minutes left in the -- in the debate before we go to your closing statements. Jim Lehrer O 2012 03 Oct 2012
And so I want to ask finally here, and remember, we've got three minutes total time here -- and the question is this. Jim Lehrer O 2012 03 Oct 2012
Many of the legislative functions of the federal government right now are in a state of paralysis as a result of partisan gridlock. Jim Lehrer O 2012 03 Oct 2012
If elected, in your case, if re-elected, in your case, what would you do about that? Jim Lehrer O 2012 03 Oct 2012
Governor? Jim Lehrer O 2012 03 Oct 2012
Jim, I had the great experience -- it didn't seem like it at the time -- of being elected in a state where my legislature was 87 percent Democrat. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And that meant I figured out from day one I had to get along and I had to work across the aisle to get anything done. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We drove our schools to be number one in the nation. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
We cut taxes 19 times. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But what would you do as president? Jim Lehrer O 2012 03 Oct 2012
We -- as president, I will sit on day one -- actually, the day after I get elected -- I'll sit down with leaders -- the Democratic leaders, as well as Republican leaders, and continue -- as we did in my state -- we met every Monday for a couple hours, talked about the issues and the challenges in the -- in the -- in our state in that case. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We have to work on a collaborative basis, not because we're going to compromise our principle, but because there's common ground. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And the challenges America faces right now -- look, the reason I'm in this race is there are people that are really hurting today in this country. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And we face -- this deficit could crush the future generations. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
What's happening in the Middle East, there are developments around the world that are of real concern. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
All right. Jim Lehrer O 2012 03 Oct 2012
And Republicans and Democrats both love America. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
But we need to have leadership -- leadership in Washington that will actually bring people together and get the job done and could not care less if -- if it's a Republican or a Democrat. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I've done it before. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I'll do it again. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Mr. President? Jim Lehrer O 2012 03 Oct 2012
Well, first of all, I think Governor Romney's going to have a busy first day, because he's also going to repeal Obamacare, which will not be very popular among Democrats as you're sitting down with them. Barack H. Obama Premise 2012 03 Oct 2012
(LAUGHTER) But, look, my philosophy has been, I will take ideas from anybody, Democrat or Republican, as long as they're advancing the cause of making middle-class families stronger and giving ladders of opportunity to the middle class. Barack H. Obama Claim 2012 03 Oct 2012
That's how we cut taxes for middle- class families and small businesses. Barack H. Obama Premise 2012 03 Oct 2012
That's how we cut a trillion dollars of spending that wasn't advancing that cause. Barack H. Obama Premise 2012 03 Oct 2012
That's how we signed three trade deals into law that are helping us to double our exports and sell more American products around the world. Barack H. Obama Premise 2012 03 Oct 2012
That's how we repealed "don't ask/don't tell." Barack H. Obama Premise 2012 03 Oct 2012
That's how we ended the war in Iraq, as I promised, and that's how we're going to wind down the war in Afghanistan. Barack H. Obama Premise 2012 03 Oct 2012
That's how we went after Al Qaida and bin Laden. Barack H. Obama Premise 2012 03 Oct 2012
So we've -- we've seen progress even under Republican control of the House of Representatives. Barack H. Obama Claim 2012 03 Oct 2012
But, ultimately, part of being principled, part of being a leader is, A, being able to describe exactly what it is that you intend to do, not just saying, "I'll sit down," but you have to have a plan. Barack H. Obama Claim 2012 03 Oct 2012
Number two, what's important is occasionally you've got to say no, to -- to -- to folks both in your own party and in the other party. Barack H. Obama Claim 2012 03 Oct 2012
And, you know, yes, have we had some fights between me and the Republicans when -- when they fought back against us reining in the excesses of Wall Street? Barack H. Obama Premise 2012 03 Oct 2012
Absolutely, because that was a fight that needed to be had. Barack H. Obama Claim 2012 03 Oct 2012
When -- when we were fighting about whether or not we were going to make sure that Americans had more security with their health insurance and they said no, yes, that was a fight that we needed to have. Barack H. Obama Premise 2012 03 Oct 2012
All right Jim Lehrer O 2012 03 Oct 2012
And so part of leadership and governing is both saying what it is that you are for, but also being willing to say no to some things. Barack H. Obama Claim 2012 03 Oct 2012
And I've got to tell you, Governor Romney, when it comes to his own party during the course of this campaign, has not displayed that willingness to say no to some of the more extreme parts of his party. Barack H. Obama Claim 2012 03 Oct 2012
That brings us to closing statements. Jim Lehrer O 2012 03 Oct 2012
It was a coin toss. Jim Lehrer O 2012 03 Oct 2012
Governor Romney, you won the toss and you elected to go last, so you have a closing two minutes, Mr. President. Jim Lehrer O 2012 03 Oct 2012
Well, Jim, I want to thank you, and I want to thank Governor Romney, because I think was a terrific debate, and I very much appreciate it. Barack H. Obama O 2012 03 Oct 2012
And I want to thank the University of Denver. Barack H. Obama O 2012 03 Oct 2012
You know, four years ago, we were going through a major crisis. Barack H. Obama Premise 2012 03 Oct 2012
And yet my faith and confidence in the American future is undiminished. Barack H. Obama Claim 2012 03 Oct 2012
And the reason is because of its people, because of the woman I met in North Carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now has a job from that new training that she's gotten; because a company in Minnesota who was willing to give up salaries and perks for their executives to make sure that they didn't lay off workers during a recession. Barack H. Obama Premise 2012 03 Oct 2012
The auto workers that you meet in Toledo or Detroit take such pride in building the best cars in the world, not just because of a paycheck, but because it gives them that sense of pride, that they're helping to build America. Barack H. Obama Premise 2012 03 Oct 2012
And so the question now is how do we build on those strengths. Barack H. Obama O 2012 03 Oct 2012
And everything that I've tried to do, and everything that I'm now proposing for the next four years in terms of improving our education system or developing American energy or making sure that we're closing loopholes for companies that are shipping jobs overseas and focusing on small businesses and companies that are creating jobs here in the United States, or closing our deficit in a responsible, balanced way that allows us to invest in our future. Barack H. Obama Premise 2012 03 Oct 2012
All those things are designed to make sure that the American people, their genius, their grit, their determination, is -- is channeled and -- and they have an opportunity to succeed. Barack H. Obama Claim 2012 03 Oct 2012
And everybody's getting a fair shot. Barack H. Obama Premise 2012 03 Oct 2012
And everybody's getting a fair share -- everybody's doing a fair share, and everybody's playing by the same rules. Barack H. Obama Premise 2012 03 Oct 2012
You know, four years ago, I said that I'm not a perfect man and I wouldn't be a perfect president. Barack H. Obama Premise 2012 03 Oct 2012
And that's probably a promise that Governor Romney thinks I've kept. Barack H. Obama Premise 2012 03 Oct 2012
But I also promised that I'd fight every single day on behalf of the American people, the middle class, and all those who were striving to get into the middle class. Barack H. Obama Premise 2012 03 Oct 2012
I've kept that promise and if you'll vote for me, then I promise I'll fight just as hard in a second term. Barack H. Obama Claim 2012 03 Oct 2012
Governor Romney, your two-minute closing. Jim Lehrer O 2012 03 Oct 2012
Thank you, Jim, and Mr. President. Willard(Mitt) M. Romney O 2012 03 Oct 2012
And thank you for tuning in this evening. Willard(Mitt) M. Romney O 2012 03 Oct 2012
This is a -- this is an important election and I'm concerned about America. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I'm concerned about the direction America has been taking over the last four years. Willard(Mitt) M. Romney O 2012 03 Oct 2012
I -- I know this is bigger than an election about the two of us as individuals. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's bigger than our respective parties. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
It's an election about the course of America. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
What kind of America do you want to have for yourself and for your children. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And there really are two very different paths that we began speaking about this evening, and over the course of this month we're going to have two more presidential debates and a vice presidential debate. Willard(Mitt) M. Romney O 2012 03 Oct 2012
We're talk about those two paths. Willard(Mitt) M. Romney O 2012 03 Oct 2012
But they lead in very different directions. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
And it's not just looking to our words that you have to take in evidence of where they go. Willard(Mitt) M. Romney O 2012 03 Oct 2012
You can look at the record. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
There's no question in my mind that if the president were to be reelected you'll continue to see a middle-class squeeze with incomes going down and prices going up. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'll get incomes up again. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You'll see chronic unemployment. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We've had 43 straight months with unemployment above 8 percent. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
If I'm president I will create -- help create 12 million new jobs in this country with rising incomes. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
If the president's reelected, Obamacare will be fully installed. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
In my view that's going to mean a whole different way of life for people who counted on the insurance plan they had in the past. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Many will lose it. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You're going to see health premiums go up by some $2,500 per family. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
If I'm elected we won't have Obama. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
We'll put in place the kind of principles that I put in place in my own state and allow each state to craft their own programs to get people insured and we'll focus on getting the cost of health care down. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
If the president were to be reelected you're going to see a $716 billion cut to Medicare. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You'll have 4 million people who will lose Medicare Advantage. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
You'll have hospital and providers that'll no longer accept Medicare patients. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I'll restore that $716 billion to Medicare. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
And finally, military. Willard(Mitt) M. Romney O 2012 03 Oct 2012
The president's reelected you'll see dramatic cuts to our military. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
The secretary of defense has said these would be even devastating. Willard(Mitt) M. Romney Premise 2012 03 Oct 2012
I will not cut our commitment to our military. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
I will keep America strong and get America's middle class working again. Willard(Mitt) M. Romney Claim 2012 03 Oct 2012
Thank you, Jim. Willard(Mitt) M. Romney O 2012 03 Oct 2012
Good evening from Hofstra University in Hempstead, New York. Candy Crowley O 2012 16 Oct 2012
I'm Candy Crowley from CNN's "State of the Union." Candy Crowley O 2012 16 Oct 2012
We are here for the second presidential debate, a town hall, sponsored by the Commission on Presidential Debates. Candy Crowley O 2012 16 Oct 2012
The Gallup organization chose 82 uncommitted voters from the New York area. Candy Crowley O 2012 16 Oct 2012
Their questions will drive the night. Candy Crowley O 2012 16 Oct 2012
My goal is to give the conversation direction and to ensure questions get answered. Candy Crowley O 2012 16 Oct 2012
The questions are known to me and my team only. Candy Crowley O 2012 16 Oct 2012
Neither the commission, nor the candidates have seen them. Candy Crowley O 2012 16 Oct 2012
I hope to get to as many questions as possible. Candy Crowley O 2012 16 Oct 2012
And because I am the optimistic sort, I'm sure the candidates will oblige by keeping their answers concise and on point. Candy Crowley O 2012 16 Oct 2012
Each candidate has as much as two minutes to respond to a common question, and there will be a two-minute follow-up. Candy Crowley O 2012 16 Oct 2012
The audience here in the hall has agreed to be polite and attentive -- no cheering or booing or outbursts of any sort. Candy Crowley O 2012 16 Oct 2012
We will set aside that agreement just this once to welcome President Barack Obama and Governor Mitt Romney. Candy Crowley O 2012 16 Oct 2012
(APPLAUSE) Gentlemen, thank you both for joining us here tonight. Candy Crowley O 2012 16 Oct 2012
We have a lot of folks who've been waiting all day to talk to you, so I want to get right to it. Candy Crowley O 2012 16 Oct 2012
Governor Romney, as you know, you won the coin toss, so the first question will go to you. Candy Crowley O 2012 16 Oct 2012
And I want to turn to a first-time voter, Jeremy Epstein, who has a question for you. Candy Crowley O 2012 16 Oct 2012
Mr. President, Governor Romney, as a 20-year-old college student, all I hear from professors, neighbors and others is that when I graduate, I will have little chance to get employment. QUESTION O 2012 16 Oct 2012
What can you say to reassure me, but more importantly my parents, that I will be able to sufficiently support myself after I graduate? QUESTION O 2012 16 Oct 2012
Thank you, Jeremy. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I appreciate your -- your question, and thank you for being here this evening and to all of those from Nassau County that have come, thank you for your time. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Thank you to Hofstra University and to Candy Crowley for organizing and leading this -- this event. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Thank you, Mr. President, also for being part of this -- this debate. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Your question -- your question is one that's being asked by college kids all over this country. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I was in Pennsylvania with someone who had just graduated -- this was in Philadelphia -- and she said, "I've got my degree. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I can't find a job. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I've got three part- time jobs. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
They're just barely enough to pay for my food and pay for an apartment. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I can't begin to pay back my student loans." Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So what we have to do is two things. Willard(Mitt) M. Romney O 2012 16 Oct 2012
We have to make sure that we make it easier for kids to afford college. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And also make sure that when they get out of college, there's a job. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
When I was governor of Massachusetts, to get a high school degree, you had to pass an exam. Willard(Mitt) M. Romney O 2012 16 Oct 2012
If you graduated in the top quarter of your airlines, we gave you a John and Abigail Adams scholarship, four years tuition free in the college of your choice in Massachusetts, it's a public institution. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I want to make sure we keep our Pell grant program growing. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We're also going to have our loan program, so that people are able to afford school. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But the key thing is to make sure you can get a job when you get out of school. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And what's happened over the last four years has been very, very hard for America's young people. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I want you to be able to get a job. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I know what it takes to get this economy going. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
With half of college kids graduating this year without a college -- excuse me, without a job. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And without a college level job, that's just unacceptable. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And likewise you've got more and more debt on your back. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So more debt and less jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I'm going to change that. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I know what it takes to create good jobs again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I know what it takes to make sure that you have the kind of opportunity you deserve. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And kids across this country are going to recognize, we're bringing back an economy. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It's not going to be like the last four years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The middle-class has been crushed over the last four years, and jobs have been too scarce. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I know what it takes to bring them back, and I'm going to do that, and make sure that when you graduate -- when do you graduate? Willard(Mitt) M. Romney O 2012 16 Oct 2012
2014. QUESTION O 2012 16 Oct 2012
2014. Willard(Mitt) M. Romney O 2012 16 Oct 2012
When you come out in 2014, I presume I'm going to be president. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I'm going to make sure you get a job. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Thanks Jeremy. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Yeah, you bet. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Mr. President? Candy Crowley O 2012 16 Oct 2012
Jeremy, first of all, your future is bright. Barack H. Obama O 2012 16 Oct 2012
And the fact that you're making an investment in higher education is critical. Barack H. Obama Claim 2012 16 Oct 2012
Not just to you, but to the entire nation. Barack H. Obama Premise 2012 16 Oct 2012
Now, the most important thing we can do is to make sure that we are creating jobs in this country. Barack H. Obama Claim 2012 16 Oct 2012
But not just jobs, good paying jobs. Barack H. Obama O 2012 16 Oct 2012
Ones that can support a family. Barack H. Obama Premise 2012 16 Oct 2012
And what I want to do, is build on the five million jobs that we've created over the last 30 months in the private sector alone. Barack H. Obama Premise 2012 16 Oct 2012
And there are a bunch of things we can do to make sure your future is bright. Barack H. Obama Premise 2012 16 Oct 2012
Number one, I want to build manufacturing jobs in this country again. Barack H. Obama Claim 2012 16 Oct 2012
Now when Governor Romney said we should let Detroit go bankrupt. Barack H. Obama O 2012 16 Oct 2012
I said we're going to bet on American workers and the American auto industry and it's come surging back. Barack H. Obama Claim 2012 16 Oct 2012
I want to do that in industries, not just in Detroit, but all across the country and that means we change our tax code so we're giving incentives to companies that are investing here in the United States and creating jobs here. Barack H. Obama Claim 2012 16 Oct 2012
It also means we're helping them and small businesses to export all around the world to new markets. Barack H. Obama Claim 2012 16 Oct 2012
Number two, we've got to make sure that we have the best education system in the world. Barack H. Obama Claim 2012 16 Oct 2012
And the fact that you're going to college is great, but I want everybody to get a great education and we've worked hard to make sure that student loans are available for folks like you, but I also want to make sure that community colleges are offering slots for workers to get retrained for the jobs that are out there right now and the jobs of the future. Barack H. Obama Claim 2012 16 Oct 2012
Number three, we've got to control our own energy. Barack H. Obama Claim 2012 16 Oct 2012
Now, not only oil and natural gas, which we've been investing in; but also, we've got to make sure we're building the energy source of the future, not just thinking about next year, but ten years from now, 20 years from now. Barack H. Obama Claim 2012 16 Oct 2012
That's why we've invested in solar and wind and biofuels, energy efficient cars. Barack H. Obama Claim 2012 16 Oct 2012
We've got to reduce our deficit, but we've got to do it in a balanced way. Barack H. Obama Claim 2012 16 Oct 2012
Asking the wealthy to pay a little bit more along with cuts so that we can invest in education like yours. Barack H. Obama Premise 2012 16 Oct 2012
And let's take the money that we've been spending on war over the last decade to rebuild America, roads, bridges schools. Barack H. Obama Premise 2012 16 Oct 2012
We do those things, not only is your future going to be bright but America's future is going to bright as well. Barack H. Obama Premise 2012 16 Oct 2012
Let me ask you for more immediate answer and begin with Mr. Romney just quickly what -- what can you do? Candy Crowley O 2012 16 Oct 2012
We're looking at a situation where 40 percent of the unemployed have been unemployed have been unemployed for six months or more. Candy Crowley O 2012 16 Oct 2012
They don't have the two years that Jeremy has. Candy Crowley O 2012 16 Oct 2012
What about those long term unemployed who need a job right now? Candy Crowley O 2012 16 Oct 2012
Well what you're seeing in this country is 23 million people struggling to find a job. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And a lot of them, as you say, Candy, have been out of work for a long, long, long time. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The president's policies have been exercised over the last four years and they haven't put Americans back to work. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We have fewer people working today than we had when the president took office. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
If the -- the unemployment rate was 7.8 percent when he took office, it's 7.8 percent now. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
But if you calculated that unemployment rate, taking back the people who dropped out of the workforce, it would be 10.7 percent. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We have not made the progress we need to make to put people back to work. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That's why I put out a five-point plan that gets America 12 million new jobs in four years and rising take-home pay. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It's going to help Jeremy get a job when he comes out of school. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It's going to help people across the country that are unemployed right now. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And one thing that the president said, which I want to make sure that we understand, he said that I said we should take Detroit bankrupt. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And that's right. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
My plan was to have the company go through bankruptcy like 7-Eleven did and Macy's and Condell (ph) Airlines and come out stronger. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I know he keeps saying, you want to take Detroit bankrupt. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Well, the president took Detroit bankrupt. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You took General Motors bankrupt. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You took Chrysler bankrupt. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So when you say that I wanted to take the auto industry bankrupt, you actually did. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I think it's important to know that that was a process that was necessary to get those companies back on their feet, so they could start hiring more people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That was precisely what I recommended and ultimately what happened. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Let me give the president a chance.Go ahead. Candy Crowley O 2012 16 Oct 2012
Candy, what Governor Romney said just isn't true. Barack H. Obama Claim 2012 16 Oct 2012
He wanted to take them into bankruptcy without providing them any way to stay open. Barack H. Obama Premise 2012 16 Oct 2012
And we would have lost a million jobs. Barack H. Obama Claim 2012 16 Oct 2012
And that -- don't take my word for it, take the executives at GM and Chrysler, some of whom are Republicans, may even support Governor Romney. Barack H. Obama O 2012 16 Oct 2012
But they'll tell you his prescription wasn't going to work. Barack H. Obama O 2012 16 Oct 2012
And Governor Romney's says he's got a five-point plan? Barack H. Obama O 2012 16 Oct 2012
Governor Romney doesn't have a five-point plan. Barack H. Obama Claim 2012 16 Oct 2012
He has a one-point plan. Barack H. Obama Claim 2012 16 Oct 2012
And that plan is to make sure that folks at the top play by a different set of rules. Barack H. Obama Premise 2012 16 Oct 2012
That's been his philosophy in the private sector, that's been his philosophy as governor, that's been his philosophy as a presidential candidate. Barack H. Obama Claim 2012 16 Oct 2012
You can make a lot of money and pay lower tax rates than somebody who makes a lot less. Barack H. Obama Premise 2012 16 Oct 2012
You can ship jobs overseas and get tax breaks for it. Barack H. Obama Premise 2012 16 Oct 2012
You can invest in a company, bankrupt it, lay off the workers, strip away their pensions, and you still make money. Barack H. Obama Premise 2012 16 Oct 2012
That's exactly the philosophy that we've seen in place for the last decade. Barack H. Obama Claim 2012 16 Oct 2012
That's what's been squeezing middle class families. Barack H. Obama Premise 2012 16 Oct 2012
And we have fought back for four years to get out of that mess. Barack H. Obama Claim 2012 16 Oct 2012
The last thing we need to do is to go back to the very same policies that got us there. Barack H. Obama Claim 2012 16 Oct 2012
Mr. President, the next question is going to be for you here. Candy Crowley O 2012 16 Oct 2012
And, Mr. Romney -- Governor Romney -- there'll be plenty of chances here to go on, but I want to... Candy Crowley O 2012 16 Oct 2012
That -- that Detroit -- that Detroit answer... Willard(Mitt) M. Romney O 2012 16 Oct 2012
We have all these folks. Candy Crowley O 2012 16 Oct 2012
... that Detroit answer... Willard(Mitt) M. Romney O 2012 16 Oct 2012
I will let you absolutely... Candy Crowley O 2012 16 Oct 2012
... and the rest of the answer, way off the mark. Willard(Mitt) M. Romney O 2012 16 Oct 2012
OK. Will -- will -- you certainly will have lots of time here coming up. Candy Crowley Claim 2012 16 Oct 2012
Because I want to move you on to something that's sort of connected to cars here, and -- and go over. Candy Crowley Premise 2012 16 Oct 2012
And we want to get a question from Phillip Tricolla. Candy Crowley Premise 2012 16 Oct 2012
Your energy secretary, Steven Chu, has now been on record three times stating it's not policy of his department to help lower gas prices. QUESTION O 2012 16 Oct 2012
Do you agree with Secretary Chu that this is not the job of the Energy Department? QUESTION O 2012 16 Oct 2012
The most important thing we can do is to make sure we control our own energy. Barack H. Obama Claim 2012 16 Oct 2012
So here's what I've done since I've been president. Barack H. Obama Premise 2012 16 Oct 2012
We have increased oil production to the highest levels in 16 years. Barack H. Obama Claim 2012 16 Oct 2012
Natural gas production is the highest it's been in decades. Barack H. Obama Claim 2012 16 Oct 2012
We have seen increases in coal production and coal employment. Barack H. Obama Claim 2012 16 Oct 2012
But what I've also said is we can't just produce traditional source of energy. Barack H. Obama Premise 2012 16 Oct 2012
We've also got to look to the future. Barack H. Obama Premise 2012 16 Oct 2012
That's why we doubled fuel efficiency standards on cars. Barack H. Obama Claim 2012 16 Oct 2012
That means that in the middle of the next decade, any car you buy, you're going to end up going twice as far on a gallon of gas. Barack H. Obama Premise 2012 16 Oct 2012
That's why we doubled clean -- clean energy production like wind and solar and biofuels. Barack H. Obama Premise 2012 16 Oct 2012
And all these things have contributed to us lowering our oil imports to the lowest levels in 16 years. Barack H. Obama Claim 2012 16 Oct 2012
Now, I want to build on that. Barack H. Obama O 2012 16 Oct 2012
And that means, yes, we still continue to open up new areas for drilling. Barack H. Obama Claim 2012 16 Oct 2012
We continue to make it a priority for us to go after natural gas. Barack H. Obama Premise 2012 16 Oct 2012
We've got potentially 600,000 jobs and 100 years worth of energy right beneath our feet with natural gas. Barack H. Obama Claim 2012 16 Oct 2012
And we can do it in an environmentally sound way. Barack H. Obama O 2012 16 Oct 2012
But we've also got to continue to figure out how we have efficiency energy, because ultimately that's how we're going to reduce demand and that's what's going to keep gas prices lower. Barack H. Obama Premise 2012 16 Oct 2012
Now, Governor Romney will say he's got an all-of-the-above plan, but basically his plan is to let the oil companies write the energy policies. Barack H. Obama Claim 2012 16 Oct 2012
So he's got the oil and gas part, but he doesn't have the clean energy part. Barack H. Obama Premise 2012 16 Oct 2012
And if we are only thinking about tomorrow or the next day and not thinking about 10 years from now, we're not going to control our own economic future. Barack H. Obama Claim 2012 16 Oct 2012
Because China, Germany, they're making these investments. Barack H. Obama Premise 2012 16 Oct 2012
And I'm not going to cede those jobs of the future to those countries. Barack H. Obama Premise 2012 16 Oct 2012
I expect those new energy sources to be built right here in the United States. Barack H. Obama Claim 2012 16 Oct 2012
That's going to help Jeremy get a job. Barack H. Obama Premise 2012 16 Oct 2012
It's also going to make sure that you're not paying as much for gas. Barack H. Obama Premise 2012 16 Oct 2012
Governor, on the subject of gas prices? Candy Crowley O 2012 16 Oct 2012
Well, let's look at the president's policies, all right, as opposed to the rhetoric, because we've had four years of policies being played out. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And the president's right in terms of the additional oil production, but none of it came on federal land. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
As a matter of fact, oil production is down 14 percent this year on federal land, and gas production was down 9 percent. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Why? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Because the president cut in half the number of licenses and permits for drilling on federal lands, and in federal waters. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So where'd the increase come from? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Well a lot of it came from the Bakken Range in North Dakota. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
What was his participation there? Willard(Mitt) M. Romney O 2012 16 Oct 2012
The administration brought a criminal action against the people drilling up there for oil, this massive new resource we have. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And what was the cost? Willard(Mitt) M. Romney O 2012 16 Oct 2012
20 or 25 birds were killed and brought out a migratory bird act to go after them on a criminal basis. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Look, I want to make sure we use our oil, our coal, our gas, our nuclear, our renewables. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I believe very much in our renewable capabilities; ethanol, wind, solar will be an important part of our energy mix. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But what we don't need is to have the president keeping us from taking advantage of oil, coal and gas. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
This has not been Mr. Oil, or Mr. Gas, or Mr. Coal. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Talk to the people that are working in those industries. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I was in coal country. Willard(Mitt) M. Romney O 2012 16 Oct 2012
People grabbed my arms and said, "Please save my job." Willard(Mitt) M. Romney O 2012 16 Oct 2012
The head of the EPA said, "You can't build a coal plant. Willard(Mitt) M. Romney O 2012 16 Oct 2012
You'll virtually -- it's virtually impossible given our regulations." Willard(Mitt) M. Romney O 2012 16 Oct 2012
When the president ran for office, he said if you build a coal plant, you can go ahead, but you'll go bankrupt. Willard(Mitt) M. Romney O 2012 16 Oct 2012
That's not the right course for America. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Let's take advantage of the energy resources we have, as well as the energy sources for the future. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And if we do that, if we do what I'm planning on doing, which is getting us energy independent, North America energy independence within eight years, you're going to see manufacturing jobs come back. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Because our energy is low cost, that are already beginning to come back because of our abundant energy. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I'll get America and North America energy independent. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I'll do it by more drilling, more permits and licenses. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We're going to bring that pipeline in from Canada. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
How in the world the president said no to that pipeline? Willard(Mitt) M. Romney O 2012 16 Oct 2012
I will never know. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
This is about bringing good jobs back for the middle class of America, and that's what I'm going to do. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Mr. President, let me just see if I can move you to the gist of this question, which is, are we looking at the new normal? Willard(Mitt) M. Romney O 2012 16 Oct 2012
I can tell you that tomorrow morning, a lot of people in Hempstead will wake up and fill up and they will find that the price of gas is over $4 a gallon. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Is it within the purview of the government to bring those prices down, or are we looking at the new normal? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Candy, there's no doubt that world demand's gone up, but our production is going up, and we're using oil more efficiently. Barack H. Obama Claim 2012 16 Oct 2012
And very little of what Governor Romney just said is true. Barack H. Obama O 2012 16 Oct 2012
We've opened up public lands. Barack H. Obama Premise 2012 16 Oct 2012
We're actually drilling more on public lands than in the previous administration and my -- the previous president was an oil man. Barack H. Obama Claim 2012 16 Oct 2012
And natural gas isn't just appearing magically. Barack H. Obama Premise 2012 16 Oct 2012
We're encouraging it and working with the industry. Barack H. Obama Claim 2012 16 Oct 2012
And when I hear Governor Romney say he's a big coal guy, I mean, keep in mind, when -- Governor, when you were governor of Massachusetts, you stood in front of a coal plant and pointed at it and said, "This plant kills," and took great pride in shutting it down. Barack H. Obama O 2012 16 Oct 2012
And now suddenly you're a big champion of coal. Barack H. Obama O 2012 16 Oct 2012
So what I've tried to do is be consistent. Barack H. Obama O 2012 16 Oct 2012
With respect to something like coal, we made the largest investment in clean coal technology, to make sure that even as we're producing more coal, we're producing it cleaner and smarter. Barack H. Obama Claim 2012 16 Oct 2012
Same thing with oil, same thing with natural gas. Barack H. Obama Claim 2012 16 Oct 2012
And the proof is our oil imports are down to the lowest levels in 20 years. Barack H. Obama Premise 2012 16 Oct 2012
Oil production is up, natural gas production is up, and, most importantly, we're also starting to build cars that are more efficient. Barack H. Obama Claim 2012 16 Oct 2012
And that's creating jobs. Barack H. Obama Premise 2012 16 Oct 2012
That means those cars can be exported, 'cause that's the demand around the world, and it also means that it'll save money in your pocketbook. Barack H. Obama O 2012 16 Oct 2012
That's the strategy you need, an all-of-the-above strategy, and that's what we're going to do in the next four years. Barack H. Obama Claim 2012 16 Oct 2012
But that's not what you've done in the last four years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That's the problem. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
In the last four years, you cut permits and licenses on federal land and federal waters in half. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Not true, Governor Romney. Barack H. Obama O 2012 16 Oct 2012
So how much did you cut (inaudible)? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Not true. Barack H. Obama O 2012 16 Oct 2012
How much did you cut them by, then? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Governor, we have actually produced more oil -- Barack H. Obama Claim 2012 16 Oct 2012
No, no. Willard(Mitt) M. Romney O 2012 16 Oct 2012
How much did you cut licenses and permits on federal land and federal waters? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Governor Romney, here's what we did. Barack H. Obama O 2012 16 Oct 2012
There were a whole bunch of oil companies. Barack H. Obama O 2012 16 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
No, no, I had a question and the question was how much did you cut them by? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You want me to answer a question -- Barack H. Obama O 2012 16 Oct 2012
How much did you cut them by? Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm happy to answer the question. Barack H. Obama O 2012 16 Oct 2012
All right. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And it is -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
Here's what happened. Barack H. Obama O 2012 16 Oct 2012
You had a whole bunch of oil companies who had leases on public lands that they weren't using. Barack H. Obama Premise 2012 16 Oct 2012
So what we said was you can't just sit on this for 10, 20, 30 years, decide when you want to drill, when you want to produce, when it's most profitable for you. Barack H. Obama Claim 2012 16 Oct 2012
These are public lands. Barack H. Obama Premise 2012 16 Oct 2012
So if you want to drill on public lands, you use it or you lose it. Barack H. Obama Claim 2012 16 Oct 2012
OK, (inaudible) -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
And so what we did was take away those leases. Barack H. Obama Premise 2012 16 Oct 2012
And we are now reletting them so that we can actually make a profit. Barack H. Obama Claim 2012 16 Oct 2012
And production on private -- on government land -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
Production is up. Barack H. Obama O 2012 16 Oct 2012
-- is down. Willard(Mitt) M. Romney O 2012 16 Oct 2012
No, it isn't. Barack H. Obama Claim 2012 16 Oct 2012
Production on government land of oil is down 14 percent. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Governor -- Barack H. Obama O 2012 16 Oct 2012
And production on gas -- (CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
It's just not true. Barack H. Obama Claim 2012 16 Oct 2012
It's absolutely true. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Look, there's no question but the people recognize that we have not produced more (inaudible) on federal lands and in federal waters. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And coal, coal production is not up; coal jobs are not up. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I was just at a coal facility, where some 1,200 people lost their jobs. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The right course for America is to have a true all-of-the-above policy. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I don't think anyone really believes that you're a person who's going to be pushing for oil and gas and coal. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
You'll get your chance in a moment. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm still speaking. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Well -- Barack H. Obama O 2012 16 Oct 2012
And the answer is I don't believe people think that's the case -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
-- (inaudible). Barack H. Obama O 2012 16 Oct 2012
That wasn't the question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
OK. Barack H. Obama O 2012 16 Oct 2012
That was a statement. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I don't think the American people believe that. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I will fight for oil, coal and natural gas. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And the proof, the proof of whether a strategy is working or not is what the price is that you're paying at the pump. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
If you're paying less than you paid a year or two ago, why, then, the strategy is working. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But you're paying more. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
When the president took office, the price of gasoline here in Nassau County was about $1.86 a gallon. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Now, it's $4.00 a gallon. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The price of electricity is up. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
If the president's energy policies are working, you're going to see the cost of energy come down. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I will fight to create more energy in this country, to get America energy secure. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And part of that is bringing in a pipeline of oil from Canada, taking advantage of the oil and coal we have here, drilling offshore in Alaska, drilling offshore in Virginia where the people want it. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Those things will get us the energy we need. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Mr. President, could you address, because we did finally get to gas prices here, could you address what the governor said, which is if your energy policy was working, the price of gasoline would not be $4 a gallon here. Candy Crowley O 2012 16 Oct 2012
Is that true? Candy Crowley O 2012 16 Oct 2012
Well, think about what the governor -- think about what the governor just said. Barack H. Obama O 2012 16 Oct 2012
He said when I took office, the price of gasoline was $1.80, $1.86. Barack H. Obama Claim 2012 16 Oct 2012
Why is that? Barack H. Obama O 2012 16 Oct 2012
Because the economy was on the verge of collapse, because we were about to go through the worst recession since the Great Depression, as a consequence of some of the same policies that Governor Romney's now promoting. Barack H. Obama Premise 2012 16 Oct 2012
So, it's conceivable that Governor Romney could bring down gas prices because with his policies, we might be back in that same mess. Barack H. Obama Premise 2012 16 Oct 2012
What I want to do is to create an economy that is strong, and at the same time produce energy. Barack H. Obama Claim 2012 16 Oct 2012
And with respect to this pipeline that Governor Romney keeps on talking about, we've -- we've built enough pipeline to wrap around the entire earth once. Barack H. Obama O 2012 16 Oct 2012
So, I'm all for pipelines. Barack H. Obama Claim 2012 16 Oct 2012
I'm all for oil production. Barack H. Obama Claim 2012 16 Oct 2012
What I'm not for is us ignoring the other half of the equation. Barack H. Obama O 2012 16 Oct 2012
So, for example, on wind energy, when Governor Romney says "these are imaginary jobs." Barack H. Obama O 2012 16 Oct 2012
When you've got thousands of people right now in Iowa, right now in Colorado, who are working, creating wind power with good-paying manufacturing jobs, and the Republican senator in that -- in Iowa is all for it, providing tax breaks (ph) to help this work and Governor Romney says I'm opposed. Barack H. Obama O 2012 16 Oct 2012
I'd get rid of it. Barack H. Obama O 2012 16 Oct 2012
That's not an energy strategy for the future. Barack H. Obama O 2012 16 Oct 2012
And we need to win that future. Barack H. Obama Claim 2012 16 Oct 2012
And I intend to win it as President of the United States. Barack H. Obama Premise 2012 16 Oct 2012
I got to -- I got to move you on -- Candy Crowley O 2012 16 Oct 2012
He gets the first -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
-- and the next question -- Candy Crowley O 2012 16 Oct 2012
He actually got -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
-- for you -- Candy Crowley O 2012 16 Oct 2012
He actually got the first question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
So I get the last question -- last answer -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
(Inaudible) in the follow up, it doesn't quite work like that. Candy Crowley O 2012 16 Oct 2012
But I'm going to give you a chance here. Candy Crowley O 2012 16 Oct 2012
I promise you, I'm going to. Candy Crowley O 2012 16 Oct 2012
And the next question is for you. Candy Crowley O 2012 16 Oct 2012
So if you want to, you know, continue on -- but I don't want to leave all -- Candy Crowley O 2012 16 Oct 2012
Candy, Candy -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
-- sitting here -- Candy Crowley O 2012 16 Oct 2012
Candy, I don't have a policy of stopping wind jobs in Iowa and that -- they're not phantom jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
They're real jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
OK. Candy Crowley O 2012 16 Oct 2012
I appreciate wind jobs in Iowa and across our country. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I appreciate the jobs in coal and oil and gas. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm going to make sure -- Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
OK. Candy Crowley O 2012 16 Oct 2012
-- we're taking advantage of our energy resources. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We'll bring back manufacturing to America. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We're going to get through a very aggressive energy policy, 31/2 million more jobs in this country. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It's critical to our future. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Candy, it's not going to -- Barack H. Obama O 2012 16 Oct 2012
We're going to move you along -- Candy Crowley O 2012 16 Oct 2012
Used to being interrupted. Barack H. Obama O 2012 16 Oct 2012
We're going to move you both along to taxes over here and all these folks that have been waiting. Candy Crowley O 2012 16 Oct 2012
Governor, this question is for you. Candy Crowley O 2012 16 Oct 2012
It comes from Mary Follano -- Follano, sorry. Candy Crowley O 2012 16 Oct 2012
Hi, Mary. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Governor Romney, you have stated that if you're elected president, you would plan to reduce the tax rates for all the tax brackets and that you would work with the Congress to eliminate some deductions in order to make up for the loss in revenue. QUESTION O 2012 16 Oct 2012
Concerning the -- these various deductions, the mortgage deductions, the charitable deductions, the child tax credit and also the -- oh, what's that other credit? QUESTION O 2012 16 Oct 2012
I forgot. QUESTION O 2012 16 Oct 2012
You're doing great. Barack H. Obama O 2012 16 Oct 2012
Oh, I remember. QUESTION O 2012 16 Oct 2012
The education credits, which are important to me, because I have children in college. QUESTION O 2012 16 Oct 2012
What would be your position on those things, which are important to the middle class? QUESTION O 2012 16 Oct 2012
Thank you very much. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And let me tell you, you're absolutely right about part of that, which is I want to bring the rates down, I want to simplify the tax code, and I want to get middle- income taxpayers to have lower taxes. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And the reason I want middle-income taxpayers to have lower taxes is because middle-income taxpayers have been buried over the past four years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You've seen, as middle-income people in this country, incomes go down $4,300 a family, even as gasoline prices have gone up $2,000. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Health insurance premiums, up $2,500. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Food prices up. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Utility prices up. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The middle-income families in America have been crushed over the last four years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So I want to get some relief to middle-income families. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That's part -- that's part one. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Now, how about deductions? Willard(Mitt) M. Romney O 2012 16 Oct 2012
'Cause I'm going to bring rates down across the board for everybody, but I'm going to limit deductions and exemptions and credits, particularly for people at the high end, because I am not going to have people at the high end pay less than they're paying now. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The top 5 percent of taxpayers will continue to pay 60 percent of the income tax the nation collects. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So that'll stay the same. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Middle-income people are going to get a tax break. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And so, in terms of bringing down deductions, one way of doing that would be say everybody gets -- I'll pick a number -- $25,000 of deductions and credits, and you can decide which ones to use. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Your home mortgage interest deduction, charity, child tax credit, and so forth, you can use those as part of filling that bucket, if you will, of deductions. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
But your rate comes down and the burden also comes down on you for one more reason, and that is every middle-income taxpayer no longer will pay any tax on interest, dividends or capital gains. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
No tax on your savings. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That makes life a lot easier. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
If you're getting interest from a bank, if you're getting a statement from a mutual fund or any other kind of investment you have, you don't have to worry about filing taxes on that, because there'll be no taxes for anybody making $200,000.00 per year and less, on your interest, dividends and capital gains. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Why am I lowering taxes on the middle-class? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Because under the last four years, they've been buried. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And I want to help people in the middle-class. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I will not -- I will not under any circumstances, reduce the share that's being paid by the highest income taxpayers. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I will not, under any circumstances increase taxes on the middle-class. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The president's spending, the president's borrowing will cost this nation to have to raise taxes on the American people. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Not just at the high end. Willard(Mitt) M. Romney O 2012 16 Oct 2012
A recent study has shown the people in the middle-class will see $4,000.00 per year in higher taxes as a result of the spending and borrowing of this administration. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I will not let that happen. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want to get us on track to a balanced budget, and I'm going to reduce the tax burden on middle income families. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And what's that going to do? Willard(Mitt) M. Romney O 2012 16 Oct 2012
It's going to help those families, and it's going to create incentives to start growing jobs again in this country. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Thanks, Governor. Candy Crowley O 2012 16 Oct 2012
My philosophy on taxes has been simple. Barack H. Obama O 2012 16 Oct 2012
And that is, I want to give middle-class families and folks who are striving to get into the middle-class some relief. Barack H. Obama Claim 2012 16 Oct 2012
Because they have been hit hard over the last decade. Barack H. Obama Premise 2012 16 Oct 2012
Over the last 15, over the last 20 years. Barack H. Obama Premise 2012 16 Oct 2012
So four years ago I stood on a stage just like this one. Barack H. Obama Claim 2012 16 Oct 2012
Actually it was a town hall, and I said I would cut taxes for middle- class families, and that's what I've done, by $3,600.00. Barack H. Obama Claim 2012 16 Oct 2012
I said I would cut taxes for small businesses, who are the drivers and engines of growth. Barack H. Obama O 2012 16 Oct 2012
And we've cut them 18 times. Barack H. Obama Claim 2012 16 Oct 2012
And I want to continue those tax cuts for middle-class families, and for small business. Barack H. Obama Claim 2012 16 Oct 2012
But what I've also said is, if we're serious about reducing the deficit, if this is genuinely a moral obligation to the next generation, then in addition to some tough spending cuts, we've also got to make sure that the wealthy do a little bit more. Barack H. Obama Premise 2012 16 Oct 2012
So what I've said is, your first $250,000.00 worth of income, no change. Barack H. Obama Premise 2012 16 Oct 2012
And that means 98 percent of American families, 97 percent of small businesses, they will not see a tax increase. Barack H. Obama Premise 2012 16 Oct 2012
I'm ready to sign that bill right now. Barack H. Obama Claim 2012 16 Oct 2012
The only reason it's not happening is because Governor Romney's allies in Congress have held the 98 percent hostage because they want tax breaks for the top 2 percent. Barack H. Obama Premise 2012 16 Oct 2012
But what I've also says is for above $250,000, we can go back to the tax rates we had when Bill Clinton was president. Barack H. Obama O 2012 16 Oct 2012
We created 23 million new jobs. Barack H. Obama Claim 2012 16 Oct 2012
That's part of what took us from deficits to surplus. Barack H. Obama O 2012 16 Oct 2012
It will be good for our economy and it will be good for job creation. Barack H. Obama Claim 2012 16 Oct 2012
Now, Governor Romney has a different philosophy. Barack H. Obama O 2012 16 Oct 2012
He was on 60 Minutes just two weeks ago and he was asked: Is it fair for somebody like you, making $20 million a year, to pay a lower tax rate than a nurse or a bus driver, somebody making $50,000 year? Barack H. Obama Premise 2012 16 Oct 2012
And he said, "Yes, I think that's fair." Barack H. Obama Premise 2012 16 Oct 2012
Not only that, he said, "I think that's what grows the economy." Barack H. Obama Premise 2012 16 Oct 2012
Well, I fundamentally disagree with that. Barack H. Obama Claim 2012 16 Oct 2012
I think what grows the economy is when you get that tax credit that we put in place for your kids going to college. Barack H. Obama Claim 2012 16 Oct 2012
I think that grows the economy. Barack H. Obama Claim 2012 16 Oct 2012
I think what grows the economy is when we make sure small businesses are getting a tax credit for hiring veterans who fought for our country. Barack H. Obama Claim 2012 16 Oct 2012
That grows our economy. Barack H. Obama Premise 2012 16 Oct 2012
So we just have a different theory. Barack H. Obama O 2012 16 Oct 2012
And when Governor Romney stands here, after a year of campaigning, when during a Republican primary he stood on stage and said "I'm going to give tax cuts" -- he didn't say tax rate cuts, he said "tax cuts to everybody," including the top 1 percent, you should believe him because that's been his history. Barack H. Obama Premise 2012 16 Oct 2012
And that's exactly the kind of top-down economics that is not going to work if we want a strong middle class and an economy that's striving for everybody. Barack H. Obama Claim 2012 16 Oct 2012
Governor Romney, I'm sure you've got a reply there. Candy Crowley O 2012 16 Oct 2012
(LAUGHTER) Candy Crowley O 2012 16 Oct 2012
You're absolutely right. Willard(Mitt) M. Romney O 2012 16 Oct 2012
You heard what I said about my tax plan. Willard(Mitt) M. Romney O 2012 16 Oct 2012
The top 5 percent will continue to pay 60 percent, as they do today. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I'm not looking to cut taxes for wealthy people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I am looking to cut taxes for middle-income people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And why do I want to bring rates down, and at the same time lower exemptions and deductions, particularly for people at the high end? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Because if you bring rates down, it makes it easier for small business to keep more of their capital and hire people. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And for me, this is about jobs. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I want to get America's economy going again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Fifty-four percent of America's workers work in businesses that are taxed as individuals. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So when you bring those rates down, those small businesses are able to keep more money and hire more people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
For me, I look at what's happened in the last four years and say this has been a disappointment. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We can do better than this. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We don't have to settle for, how many months, 43 months with unemployment above 8 percent, 23 million Americans struggling to find a good job right now. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
There are 3.5 million more women living in poverty today than when the president took office. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We don't have to live like this. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We can get this economy going again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
My five-point plan does it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Energy independence for North America in five years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Opening up more trade, particularly in Latin America. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Cracking down on China when they cheat. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Getting us to a balanced budget. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Fixing our training programs for our workers. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And finally, championing small business. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I want to make small businesses grow and thrive. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I know how to make that happen. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I spent my life in the private sector. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I know why jobs come and why they go. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And they're going now because of the policies of this administration. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Governor, let me ask the president something about what you just said. Candy Crowley O 2012 16 Oct 2012
The governor says that he is not going to allow the top 5 percent, believe is what he said, to have a tax cut, that it will all even out, that what he wants to do is give that tax cut to the middle class. Candy Crowley O 2012 16 Oct 2012
Settled? Candy Crowley O 2012 16 Oct 2012
No, it's not settled. Barack H. Obama Premise 2012 16 Oct 2012
Look, the cost of lowering rates for everybody across the board, 20 percent. Barack H. Obama Claim 2012 16 Oct 2012
Along with what he also wants to do in terms of eliminating the estate tax, along what he wants to do in terms of corporates, changes in the tax code, it costs about $5 trillion. Barack H. Obama Premise 2012 16 Oct 2012
Governor Romney then also wants to spend $2 trillion on additional military programs even though the military's not asking for them. Barack H. Obama Claim 2012 16 Oct 2012
That's $7 trillion. Barack H. Obama Claim 2012 16 Oct 2012
He also wants to continue the Bush tax cuts for the wealthiest Americans. Barack H. Obama Claim 2012 16 Oct 2012
That's another trillion dollars -- that's $8 trillion. Barack H. Obama Claim 2012 16 Oct 2012
Now, what he says is he's going to make sure that this doesn't add to the deficit and he's going to cut middleclass taxes. Barack H. Obama Claim 2012 16 Oct 2012
But when he's asked, how are you going to do it, which deductions, which loopholes are you going to close? Barack H. Obama Premise 2012 16 Oct 2012
He can't tell you. Barack H. Obama Claim 2012 16 Oct 2012
The -- the fact that he only has to pay 14 percent on his taxes when a lot of you are paying much higher. Barack H. Obama Claim 2012 16 Oct 2012
He's already taken that off the board, capital gains are going to continue to be at a low rate so we -- we're not going to get money that way. Barack H. Obama O 2012 16 Oct 2012
We haven't heard from the governor any specifics beyond Big Bird and eliminating funding for Planned Parenthood in terms of how he pays for that. Barack H. Obama Premise 2012 16 Oct 2012
Now, Governor Romney was a very successful investor. Barack H. Obama O 2012 16 Oct 2012
If somebody came to you, Governor, with a plan that said, here, I want to spend $7 or $8 trillion, and then we're going to pay for it, but we can't tell you until maybe after the election how we're going to do it, you wouldn't take such a sketchy deal and neither should you, the American people, because the math doesn't add up. Barack H. Obama Claim 2012 16 Oct 2012
And -- and what's at stake here is one of two things, either Candy -- this blows up the deficit because keep in mind, this is just to pay for the additional spending that he's talking about, $7 trillion - $8 trillion before we even get to the deficit we already have. Barack H. Obama Premise 2012 16 Oct 2012
Or, alternatively, it's got to be paid for, not only by closing deductions for wealthy individuals, that -- that will pay for about 4 percent reduction in tax rates. Barack H. Obama Claim 2012 16 Oct 2012
You're going to be paying for it. Barack H. Obama Claim 2012 16 Oct 2012
You're going to lose some deductions, and you can't buy the sales pitch. Barack H. Obama Claim 2012 16 Oct 2012
Nobody who's looked at it that's serious, actually believes it adds up. Barack H. Obama Claim 2012 16 Oct 2012
Mr. President, let me get -- let me get the governor in on this. Candy Crowley O 2012 16 Oct 2012
And Governor, let's -- before we get into a... Candy Crowley O 2012 16 Oct 2012
I -- I... Willard(Mitt) M. Romney O 2012 16 Oct 2012
...vast array of who says -- what study says what, if it shouldn't add up. Candy Crowley O 2012 16 Oct 2012
If somehow when you get in there, there isn't enough tax revenue coming in. Candy Crowley Claim 2012 16 Oct 2012
If somehow the numbers don't add up, would you be willing to look again at a 20 percent... Candy Crowley Claim 2012 16 Oct 2012
Well of course they add up. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I -- I was -- I was someone who ran businesses for 25 years, and balanced the budget. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I ran the Olympics and balanced the budget. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I ran the -- the state of Massachusetts as a governor, to the extent any governor does, and balanced the budget all four years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
When we're talking about math that doesn't add up, how about $4 trillion of deficits over the last four years, $5 trillion? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's math that doesn't add up. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We have -- we have a president talking about someone's plan in a way that's completely foreign to what my real plan is. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And then we have his own record, which is we have four consecutive years where he said when he was running for office, he would cut the deficit in half. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Instead he's doubled it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We've gone from $10 trillion of national debt, to $16 trillion of national debt. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
If the president were reelected, we'd go to almost $20 trillion of national debt. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
This puts us on a road to Greece. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I know what it takes to balance budgets. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I've done it my entire life. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So for instance when he says, "Yours is a $5 trillion cut." Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Well, no it's not. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Because I'm offsetting some of the reductions with holding down some of the deductions. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And... Willard(Mitt) M. Romney O 2012 16 Oct 2012
Governor, I've gotta -- gotta -- actually, I need to have you both (inaudible). Candy Crowley O 2012 16 Oct 2012
(CROSSTALK) Candy Crowley O 2012 16 Oct 2012
I understand the stakes here. Candy Crowley O 2012 16 Oct 2012
I understand both of you. Candy Crowley O 2012 16 Oct 2012
But I -- I will get run out of town if I don't... (CROSSTALK) Candy Crowley O 2012 16 Oct 2012
And I just described -- I just described to you, Mr. President -- I just described to you precisely how I'd do it which is with a single number that people can put -- and they can put they're -- they're deductions and credits... (CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
Mr. President, we're keeping track, I promise you. Candy Crowley O 2012 16 Oct 2012
And Mr. President, the next question is for you, so stay standing. Candy Crowley O 2012 16 Oct 2012
Great. Barack H. Obama O 2012 16 Oct 2012
Looking forward to it. Barack H. Obama O 2012 16 Oct 2012
And it's Katherine Fenton, who has a question for you. Barack H. Obama O 2012 16 Oct 2012
In what new ways to you intend to rectify the inequalities in the workplace, specifically regarding females making only 72 percent of what their male counterparts earn? QUESTION O 2012 16 Oct 2012
Well, Katherine, that's a great question. Barack H. Obama O 2012 16 Oct 2012
And, you know, I was raised by a single mom who had to put herself through school while looking after two kids. Barack H. Obama Premise 2012 16 Oct 2012
And she worked hard every day and made a lot of sacrifices to make sure we got everything we needed. Barack H. Obama Premise 2012 16 Oct 2012
My grandmother, she started off as a secretary in a bank. Barack H. Obama Premise 2012 16 Oct 2012
She never got a college education, even though she was smart as a whip. Barack H. Obama O 2012 16 Oct 2012
And she worked her way up to become a vice president of a local bank, but she hit the glass ceiling. Barack H. Obama Premise 2012 16 Oct 2012
She trained people who would end up becoming her bosses during the course of her career. Barack H. Obama Premise 2012 16 Oct 2012
She didn't complain. Barack H. Obama Premise 2012 16 Oct 2012
That's not what you did in that generation. Barack H. Obama Claim 2012 16 Oct 2012
And this is one of the reasons why one of the first -- the first bill I signed was something called the Lily Ledbetter bill. Barack H. Obama O 2012 16 Oct 2012
And it's named after this amazing woman who had been doing the same job as a man for years, found out that she was getting paid less, and the Supreme Court said that she couldn't bring suit because she should have found about it earlier, whereas she had no way of finding out about it. Barack H. Obama Claim 2012 16 Oct 2012
So we fixed that. Barack H. Obama Claim 2012 16 Oct 2012
And that's an example of the kind of advocacy that we need, because women are increasingly the breadwinners in the family. Barack H. Obama Claim 2012 16 Oct 2012
This is not just a women's issue, this is a family issue, this is a middle-class issue, and that's why we've got to fight for it. Barack H. Obama Claim 2012 16 Oct 2012
It also means that we've got to make sure that young people like yourself are able to afford a college education. Barack H. Obama Claim 2012 16 Oct 2012
Earlier, Governor Romney talked about he wants to make Pell Grants and other education accessible for young people. Barack H. Obama Premise 2012 16 Oct 2012
Well, the truth of the matter is, is that that's exactly what we've done. Barack H. Obama O 2012 16 Oct 2012
We've expanded Pell Grants for millions of people, including millions of young women, all across the country. Barack H. Obama O 2012 16 Oct 2012
We did it by taking $60 billion that was going to banks and lenders as middlemen for the student loan program, and we said, let's just cut out the middleman. Barack H. Obama Claim 2012 16 Oct 2012
Let's give the money directly to students. Barack H. Obama O 2012 16 Oct 2012
And as a consequence, we've seen millions of young people be able to afford college, and that's going to make sure that young women are going to be able to compete in that marketplace. Barack H. Obama Premise 2012 16 Oct 2012
But we've got to enforce the laws, which is what we are doing, and we've also got to make sure that in every walk of life we do not tolerate discrimination. Barack H. Obama Claim 2012 16 Oct 2012
That's been one of the hallmarks of my administration. Barack H. Obama O 2012 16 Oct 2012
I'm going to continue to push on this issue for the next four years. Barack H. Obama Claim 2012 16 Oct 2012
Governor Romney, pay equity for women? Candy Crowley O 2012 16 Oct 2012
Thank you. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And important topic, and one which I learned a great deal about, particularly as I was serving as governor of my state, because I had the chance to pull together a cabinet and all the applicants seemed to be men. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And I -- and I went to my staff, and I said, "How come all the people for these jobs are -- are all men." Willard(Mitt) M. Romney O 2012 16 Oct 2012
They said, "Well, these are the people that have the qualifications." Willard(Mitt) M. Romney O 2012 16 Oct 2012
And I said, "Well, gosh, can't we -- can't we find some -- some women that are also qualified?" Willard(Mitt) M. Romney O 2012 16 Oct 2012
And -- and so we -- we took a concerted effort to go out and find women who had backgrounds that could be qualified to become members of our cabinet. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I went to a number of women's groups and said, "Can you help us find folks," and they brought us whole binders full of women. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I was proud of the fact that after I staffed my Cabinet and my senior staff, that the University of New York in Albany did a survey of all 50 states, and concluded that mine had more women in senior leadership positions than any other state in America. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Now one of the reasons I was able to get so many good women to be part of that team was because of our recruiting effort. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But number two, because I recognized that if you're going to have women in the workforce that sometimes you need to be more flexible. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
My chief of staff, for instance, had two kids that were still in school. Willard(Mitt) M. Romney O 2012 16 Oct 2012
She said, I can't be here until 7 or 8 o'clock at night. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I need to be able to get home at 5 o'clock so I can be there for making dinner for my kids and being with them when they get home from school. Willard(Mitt) M. Romney O 2012 16 Oct 2012
So we said fine. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Let's have a flexible schedule so you can have hours that work for you. Willard(Mitt) M. Romney O 2012 16 Oct 2012
We're going to have to have employers in the new economy, in the economy I'm going to bring to play, that are going to be so anxious to get good workers they're going to be anxious to hire women. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
In the -- in the last women have lost 580,000 jobs. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's the net of what's happened in the last four years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We're still down 580,000 jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I mentioned 31/2 million women, more now in poverty than four years ago. Willard(Mitt) M. Romney O 2012 16 Oct 2012
What we can do to help young women and women of all ages is to have a strong economy, so strong that employers that are looking to find good employees and bringing them into their workforce and adapting to a flexible work schedule that gives women opportunities that they would otherwise not be able to afford. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
This is what I have done. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It's what I look forward to doing and I know what it takes to make an economy work, and I know what a working economy looks like. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And an economy with 7.8 percent unemployment is not a real strong economy. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
An economy that has 23 million people looking for work is not a strong economy. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
An economy with 50 percent of kids graduating from college that can't finds a job, or a college level job, that's not what we have to have. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Governor? Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm going to help women in America get good work by getting a stronger economy and by supporting women in the workforce. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Mr. President why don't you get in on this quickly, please? Candy Crowley O 2012 16 Oct 2012
Katherine, I just want to point out that when Governor Romney's campaign was asked about the Lilly Ledbetter bill, whether he supported it? Barack H. Obama Premise 2012 16 Oct 2012
He said, "I'll get back to you." Barack H. Obama Premise 2012 16 Oct 2012
And that's not the kind of advocacy that women need in any economy. Barack H. Obama Claim 2012 16 Oct 2012
Now, there are some other issues that have a bearing on how women succeed in the workplace. Barack H. Obama Claim 2012 16 Oct 2012
For example, their healthcare. Barack H. Obama O 2012 16 Oct 2012
You know a major difference in this campaign is that Governor Romney feels comfortable having politicians in Washington decide the health care choices that women are making. Barack H. Obama Premise 2012 16 Oct 2012
I think that's a mistake. Barack H. Obama Claim 2012 16 Oct 2012
In my health care bill, I said insurance companies need to provide contraceptive coverage to everybody who is insured. Barack H. Obama Claim 2012 16 Oct 2012
Because this is not just a -- a health issue, it's an economic issue for women. Barack H. Obama Premise 2012 16 Oct 2012
It makes a difference. Barack H. Obama O 2012 16 Oct 2012
This is money out of that family's pocket. Barack H. Obama Premise 2012 16 Oct 2012
Governor Romney not only opposed it, he suggested that in fact employers should be able to make the decision as to whether or not a woman gets contraception through her insurance coverage. Barack H. Obama Claim 2012 16 Oct 2012
That's not the kind of advocacy that women need. Barack H. Obama Claim 2012 16 Oct 2012
When Governor Romney says that we should eliminate funding for Planned Parenthood, there are millions of women all across the country, who rely on Planned Parenthood for, not just contraceptive care, they rely on it for mammograms, for cervical cancer screenings. Barack H. Obama Premise 2012 16 Oct 2012
That's a pocketbook issue for women and families all across the country. Barack H. Obama Claim 2012 16 Oct 2012
And it makes a difference in terms of how well and effectively women are able to work. Barack H. Obama Premise 2012 16 Oct 2012
When we talk about child care, and the credits that we're providing. Barack H. Obama O 2012 16 Oct 2012
That makes a difference in whether they can go out there and -- and earn a living for their family. Barack H. Obama O 2012 16 Oct 2012
These are not just women's issues. Barack H. Obama O 2012 16 Oct 2012
These are family issues. Barack H. Obama O 2012 16 Oct 2012
These are economic issues. Barack H. Obama O 2012 16 Oct 2012
And one of the things that makes us grow as an economy is when everybody participates and women are getting the same fair deal as men are. Barack H. Obama Claim 2012 16 Oct 2012
Mr. President... Candy Crowley O 2012 16 Oct 2012
And I've got two daughters and I want to make sure that they have the same opportunities that anybody's sons have. Barack H. Obama Claim 2012 16 Oct 2012
That's part of what I'm fighting for as president of the United States. Barack H. Obama Premise 2012 16 Oct 2012
I want to move us along here to Susan Katz, who has a question. Candy Crowley O 2012 16 Oct 2012
And, Governor, it's for you. Candy Crowley O 2012 16 Oct 2012
Governor Romney, I am an undecided voter, because I'm disappointed with the lack of progress I've seen in the last four years. QUESTION Premise 2012 16 Oct 2012
However, I do attribute much of America's economic and international problems to the failings and missteps of the Bush administration. QUESTION Claim 2012 16 Oct 2012
Since both you and President Bush are Republicans, I fear a return to the policies of those years should you win this election. QUESTION Claim 2012 16 Oct 2012
What is the biggest difference between you and George W. Bush, and how do you differentiate yourself from George W. Bush? QUESTION Premise 2012 16 Oct 2012
Thank you. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And I appreciate that question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I just want to make sure that, I think I was supposed to get that last answer, but I want to point out that that I don't believe... Willard(Mitt) M. Romney O 2012 16 Oct 2012
I don't think so, Candy. Barack H. Obama O 2012 16 Oct 2012
... Willard(Mitt) M. Romney O 2012 16 Oct 2012
I don't believe... Willard(Mitt) M. Romney O 2012 16 Oct 2012
I want to make sure our timekeepers are working here. Barack H. Obama O 2012 16 Oct 2012
The time -- the time... Willard(Mitt) M. Romney O 2012 16 Oct 2012
OK. Candy Crowley O 2012 16 Oct 2012
The timekeepers are all working. Candy Crowley O 2012 16 Oct 2012
And let me tell you that the last part, it's for the two of you to talk to one another, and it isn't quite as (inaudible) you think. Candy Crowley O 2012 16 Oct 2012
But go ahead and use this two minutes any way you'd like to, the question is on the floor. Candy Crowley O 2012 16 Oct 2012
I'd just note that I don't believe that bureaucrats in Washington should tell someone whether they can use contraceptives or not. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I don't believe employers should tell someone whether they could have contraceptive care of not. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Every woman in America should have access to contraceptives. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And -- and the -- and the president's statement of my policy is completely and totally wrong. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Governor... Barack H. Obama O 2012 16 Oct 2012
Let me come back and -- and answer your question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
President Bush and I are -- are different people and these are different times and that's why my five point plan is so different than what he would have done. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I mean for instance, we can now, by virtue of new technology actually get all the energy we need in North America without having to go to the -- the Arabs or the Venezuelans or anyone else. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That wasn't true in his time, that's why my policy starts with a very robust policy to get all that energy in North America -- become energy secure. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Number two, trade -- I'll crack down on China, President Bush didn't. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm also going to dramatically expand trade in Latin America. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It's been growing about 12 percent per year over a long period of time. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I want to add more free trade agreements so we'll have more trade. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Number three, I'm going to get us to a balanced budget. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
President Bush didn't. Willard(Mitt) M. Romney NaN 2012 16 Oct 2012
President Obama was right, he said that that was outrageous to have deficits as high as half a trillion dollars under the Bush years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He was right, but then he put in place deficits twice that size for every one of his four years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And his forecast for the next four years is more deficits, almost that large. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So that's the next area I'm different than President Bush. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And then let's take the last one, championing small business. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Our party has been focused too long. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I came through small business. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I understand how hard it is to start a small business. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's why everything I'll do is designed to help small businesses grow and add jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want to keep their taxes down on small business. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want regulators to see their job as encouraging small enterprise, not crushing it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And the thing I find the most troubling about Obama Care, well it's a long list, but one of the things I find most troubling is that when you go out and talk to small businesses and ask them what they think about it, they tell you it keeps them from hiring more people. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
My priority is jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I know how to make that happen. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And President Bush has a very different path for a very different time. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
My path is designed in getting small businesses to grow and hire people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Thanks, Governor. Candy Crowley O 2012 16 Oct 2012
Mr. President? Candy Crowley O 2012 16 Oct 2012
Well, first of all, I think it's important to tell you that we did come in during some tough times. Barack H. Obama O 2012 16 Oct 2012
We were losing 800,000 jobs a month when I started. Barack H. Obama Premise 2012 16 Oct 2012
But we had been digging our way out of policies that were misplaced and focused on the top doing very well and middle class folks not doing well. Barack H. Obama Premise 2012 16 Oct 2012
Now, we've seen 30 consecutive -- 31 consecutive months of job growth; 5.2 million new jobs created. Barack H. Obama Claim 2012 16 Oct 2012
And the plans that I talked about will create even more. Barack H. Obama Claim 2012 16 Oct 2012
But when Governor Romney says that he has a very different economic plan, the centerpiece of his economic plan are tax cuts. Barack H. Obama Premise 2012 16 Oct 2012
That's what took us from surplus to deficit. Barack H. Obama Claim 2012 16 Oct 2012
When he talks about getting tough on China, keep in mind that Governor Romney invested in companies that were pioneers of outsourcing to China, and is currently investing in countries -- in companies that are building surveillance equipment for China to spy on its own folks. Barack H. Obama Premise 2012 16 Oct 2012
That's -- Governor, you're the last person who's going to get tough on China. Barack H. Obama Claim 2012 16 Oct 2012
And what we've done when it comes to trade is not only sign three trade deals to open up new markets, but we've also set up a task force for trade that goes after anybody who is taking advantage of American workers or businesses and not creating a level playing field. Barack H. Obama Claim 2012 16 Oct 2012
We've brought twice as many cases against unfair trading practices than the previous administration and we've won every single one that's been decided. Barack H. Obama Claim 2012 16 Oct 2012
When I said that we had to make sure that China was not flooding our domestic market with cheap tires, Governor Romney said I was being protectionist; that it wouldn't be helpful to American workers. Barack H. Obama Premise 2012 16 Oct 2012
Well, in fact we saved 1,000 jobs. Barack H. Obama O 2012 16 Oct 2012
And that's the kind of tough trade actions that are required. Barack H. Obama O 2012 16 Oct 2012
But the last point I want to make is this. Barack H. Obama O 2012 16 Oct 2012
You know, there are some things where Governor Romney is different from George Bush. Barack H. Obama Claim 2012 16 Oct 2012
George Bush didn't propose turning Medicare into a voucher. Barack H. Obama Premise 2012 16 Oct 2012
George Bush embraced comprehensive immigration reform. Barack H. Obama Claim 2012 16 Oct 2012
He didn't call for self-deportation. Barack H. Obama Premise 2012 16 Oct 2012
George Bush never suggested that we eliminate funding for Planned Parenthood, so there are differences between Governor Romney and George Bush, but they're not on economic policy. Barack H. Obama Premise 2012 16 Oct 2012
In some ways, he's gone to a more extreme place when it comes to social policy. Barack H. Obama O 2012 16 Oct 2012
And I think that's a mistake. Barack H. Obama Claim 2012 16 Oct 2012
That's not how we're going to move our economy forward. Barack H. Obama Claim 2012 16 Oct 2012
I want to move you both along to the next question, because it's in the same wheelhouse, so you will be able to respond. Candy Crowley O 2012 16 Oct 2012
But the president does get this question. Candy Crowley O 2012 16 Oct 2012
I want to call on Michael Jones. Candy Crowley O 2012 16 Oct 2012
Mr. President, I voted for you in 2008. QUESTION O 2012 16 Oct 2012
What have you done or accomplished to earn my vote in 2012? QUESTION O 2012 16 Oct 2012
I'm not that optimistic as I was in 2012. QUESTION O 2012 16 Oct 2012
Most things I need for everyday living are very expensive. QUESTION O 2012 16 Oct 2012
Well, we've gone through a tough four years. Barack H. Obama Claim 2012 16 Oct 2012
There's no doubt about it. Barack H. Obama Premise 2012 16 Oct 2012
But four years ago, I told the American people and I told you I would cut taxes for middle class families. Barack H. Obama Premise 2012 16 Oct 2012
And I did. Barack H. Obama O 2012 16 Oct 2012
I told you I'd cut taxes for small businesses, and I have. Barack H. Obama Premise 2012 16 Oct 2012
I said that I'd end the war in Iraq, and I did. Barack H. Obama Premise 2012 16 Oct 2012
I said we'd refocus attention on those who actually attacked us on 9/11, and we have gone after Al Qaeda's leadership like never before and Osama bin Laden is dead. Barack H. Obama Claim 2012 16 Oct 2012
I said that we would put in place health care reform to make sure that insurance companies can't jerk you around and if you don't have health insurance, that you'd have a chance to get affordable insurance, and I have. Barack H. Obama Premise 2012 16 Oct 2012
I committed that I would rein in the excesses of Wall Street, and we passed the toughest Wall Street reforms since the 1930s. Barack H. Obama Premise 2012 16 Oct 2012
We've created five million jobs, and gone from 800 jobs a month being lost, and we are making progress. Barack H. Obama Claim 2012 16 Oct 2012
We saved an auto industry that was on the brink of collapse. Barack H. Obama Claim 2012 16 Oct 2012
Now, does that mean you're not struggling? Barack H. Obama Premise 2012 16 Oct 2012
Absolutely not. Barack H. Obama Claim 2012 16 Oct 2012
A lot of us are. Barack H. Obama Claim 2012 16 Oct 2012
And that's why the plan that I've put forward for manufacturing and education, and reducing our deficit in a sensible way, using the savings from ending wars, to rebuild America and putting people back to work. Barack H. Obama Claim 2012 16 Oct 2012
Making sure that we are controlling our own energy, but not only the energy of today, but also the energy of the future. Barack H. Obama Premise 2012 16 Oct 2012
All of those things will make a difference, so the point is the commitments I've made, I've kept. Barack H. Obama Claim 2012 16 Oct 2012
And those that I haven't been able to keep, it's not for lack of trying and we're going to get it done in a second term. Barack H. Obama Premise 2012 16 Oct 2012
But, you should pay attention to this campaign, because Governor Romney has made some commitments as well. Barack H. Obama Premise 2012 16 Oct 2012
And I suspect he'll keep those too. Barack H. Obama Claim 2012 16 Oct 2012
You know when members of the Republican Congress say, "We're going to sign a no tax pledge, so that we don't ask a dime for millionaires and billionaires to reduce our deficit so we can still invest in education, and helping kids go to college. Barack H. Obama O 2012 16 Oct 2012
He said, "Me too." Barack H. Obama O 2012 16 Oct 2012
When they said, "We're going to cut Planned Parenthood funding." Barack H. Obama O 2012 16 Oct 2012
He said, "Me too." Barack H. Obama NaN 2012 16 Oct 2012
When he said, "We're going to repeal Obamacare. Barack H. Obama O 2012 16 Oct 2012
First thing I'm going to do," despite the fact that it's the same health care plan that he passed in Massachusetts and is working well. Barack H. Obama O 2012 16 Oct 2012
He said, "Me too." Barack H. Obama NaN 2012 16 Oct 2012
That is not the kind of leadership that you need, but you should expect that those are promises he's going to keep. Barack H. Obama O 2012 16 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
Mr. President, let me let... (CROSSTALK) Candy Crowley O 2012 16 Oct 2012
...the choice in this election is going to be whose promises are going to be more likely to help you in your life? Barack H. Obama O 2012 16 Oct 2012
Make sure your kids can go to college. Barack H. Obama Claim 2012 16 Oct 2012
Make sure that you are getting a good paying job, making sure that Medicare and Social Security... (CROSSTALK) Barack H. Obama Claim 2012 16 Oct 2012
Mr. President. Candy Crowley O 2012 16 Oct 2012
Thank you. Candy Crowley O 2012 16 Oct 2012
(CROSSTALK) Candy Crowley O 2012 16 Oct 2012
...will be there for you. Barack H. Obama Claim 2012 16 Oct 2012
Thank you. Candy Crowley O 2012 16 Oct 2012
Governor? Candy Crowley O 2012 16 Oct 2012
I think you know better. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I think you know that these last four years haven't been so good as the president just described and that you don't feel like your confident that the next four years are going to be much better either. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I can tell you that if you were to elect President Obama, you know what you're going to get. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You're going to get a repeat of the last four years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We just can't afford four more years like the last four years. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He said that by now we'd have unemployment at 5.4 percent. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The difference between where it is and 5.4 percent is 9 million Americans without work. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I wasn't the one that said 5.4 percent. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
This was the president's plan. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Didn't get there. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He said he would have by now put forward a plan to reform Medicare and Social Security, because he pointed out they're on the road to bankruptcy. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He would reform them. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He'd get that done. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He hasn't even made a proposal on either one. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He said in his first year he'd put out an immigration plan that would deal with our immigration challenges. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Didn't even file it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
This is a president who has not been able to do what he said he'd do. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He said that he'd cut in half the deficit. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He hasn't done that either. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
In fact, he doubled it. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He said that by now middle-income families would have a reduction in their health insurance premiums by $2,500 a year. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It's gone up by $2,500 a year. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And if Obamacare is passed, or implemented -- it's already been passed -- if it's implemented fully, it'll be another $2,500 on top. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The middle class is getting crushed under the policies of a president who has not understood what it takes to get the economy working again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He keeps saying, "Look, I've created 5 million jobs." Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's after losing 5 million jobs. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The entire record is such that the unemployment has not been reduced in this country. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The unemployment, the number of people who are still looking for work, is still 23 million Americans. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
There are more people in poverty, one out of six people in poverty. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
How about food stamps? Willard(Mitt) M. Romney O 2012 16 Oct 2012
When he took office, 32 million people were on food stamps. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Today, 47 million people are on food stamps. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
How about the growth of the economy? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It's growing more slowly this year than last year, and more slowly last year than the year before. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The president wants to do well. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I understand. Willard(Mitt) M. Romney O 2012 16 Oct 2012
But the policies he's put in place from Obamacare to Dodd-Frank to his tax policies to his regulatory policies, these policies combined have not let this economy take off and grow like it could have. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You might say, "Well, you got an example of one that worked better?" Willard(Mitt) M. Romney O 2012 16 Oct 2012
Yeah, in the Reagan recession where unemployment hit 10.8 percent, between that period -- the end of that recession and the equivalent of time to today, Ronald Reagan's recovery created twice as many jobs as this president's recovery. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Five million jobs doesn't even keep up with our population growth. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And the only reason the unemployment rate seems a little lower today is because of all the people that have dropped out of the workforce. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The president has tried, but his policies haven't worked. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He's great as a -- as a -- as a speaker and describing his plans and his vision. Willard(Mitt) M. Romney O 2012 16 Oct 2012
That's wonderful, except we have a record to look at. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And that record shows he just hasn't been able to cut the deficit, to put in place reforms for Medicare and Social Security to preserve them, to get us the rising incomes we need. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Median income is down $4,300 a family and 23 million Americans out of work. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That's what this election is about. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It's about who can get the middle class in this country a bright and prosperous future and assure our kids the kind of hope and optimism they deserve. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Governor, I want to move you along. Candy Crowley O 2012 16 Oct 2012
Don't -- don't go away, and we'll have plenty of time to respond. Candy Crowley O 2012 16 Oct 2012
We are quite aware of the clock for both of you. Candy Crowley O 2012 16 Oct 2012
But I want to bring in a different subject here. Candy Crowley O 2012 16 Oct 2012
Mr. President, I'll be right back with you. Candy Crowley O 2012 16 Oct 2012
Lorraine Osorio has a question for you about a topic we have not... Candy Crowley O 2012 16 Oct 2012
This is for Governor Romney? Barack H. Obama O 2012 16 Oct 2012
It's for Governor Romney, and we'll be right with you, Mr. President. Candy Crowley O 2012 16 Oct 2012
Thanks. Candy Crowley O 2012 16 Oct 2012
Is it Loraina? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Lorraine. QUESTION O 2012 16 Oct 2012
Lorraine? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Yes, Lorraine. QUESTION O 2012 16 Oct 2012
Lorraine. Willard(Mitt) M. Romney O 2012 16 Oct 2012
How you doing? QUESTION O 2012 16 Oct 2012
Good, thanks. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Mr. Romney, what do you plan on doing with immigrants without their green cards that are currently living here as productive members of society? QUESTION O 2012 16 Oct 2012
Thank you. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Lorraine? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Did I get that right? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Good. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Thank you for your question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And let me step back and tell you what I would like to do with our immigration policy broadly and include an answer to your question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
But first of all, this is a nation of immigrants. Willard(Mitt) M. Romney O 2012 16 Oct 2012
We welcome people coming to this country as immigrants. Willard(Mitt) M. Romney O 2012 16 Oct 2012
My dad was born in Mexico of American parents; Ann's dad was born in Wales and is a first-generation American. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We welcome legal immigrants into this country. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I want our legal system to work better. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want it to be streamlined. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want it to be clearer. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I don't think you have to -- shouldn't have to hire a lawyer to figure out how to get into this country legally. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I also think that we should give visas to people -- green cards, rather, to people who graduate with skills that we need. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
People around the world with accredited degrees in science and math get a green card stapled to their diploma, come to the U.S. of A. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We should make sure our legal system works. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Number two, we're going to have to stop illegal immigration. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
There are 4 million people who are waiting in line to get here legally. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Those who've come here illegally take their place. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So I will not grant amnesty to those who have come here illegally. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
What I will do is I'll put in place an employment verification system and make sure that employers that hire people who have come here illegally are sanctioned for doing so. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I won't put in place magnets for people coming here illegally. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
So for instance, I would not give driver's licenses to those that have come here illegally as the president would. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The kids of those that came here illegally, those kids, I think, should have a pathway to become a permanent resident of the United States and military service, for instance, is one way they would have that kind of pathway to become a permanent resident. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Now when the president ran for office, he said that he'd put in place, in his first year, a piece of legislation -- he'd file a bill in his first year that would reform our -- our immigration system, protect legal immigration, stop illegal immigration. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He didn't do it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He had a Democrat House, a Democrat Senate, super majority in both Houses. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Why did he fail to even promote legislation that would have provided an answer for those that want to come legally and for those that are here illegally today? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
What's a question I think the -- the president will have a chance to answer right now. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Good, I look forward to it. Barack H. Obama O 2012 16 Oct 2012
Was -- Lorranna -- Lorraine -- we are a nation of immigrants. Barack H. Obama O 2012 16 Oct 2012
I mean we're just a few miles away from Ellis Island. Barack H. Obama O 2012 16 Oct 2012
We all understand what this country has become because talent from all around the world wants to come here. Barack H. Obama Premise 2012 16 Oct 2012
People are willing to take risks. Barack H. Obama O 2012 16 Oct 2012
People who want to build on their dreams and make sure their kids have an even bigger dreams than they have. Barack H. Obama Premise 2012 16 Oct 2012
But we're also a nation of laws. Barack H. Obama Claim 2012 16 Oct 2012
So what I've said is we need to fix a broken immigration system and I've done everything that I can on my own and sought cooperation from Congress to make sure that we fix the system. Barack H. Obama Claim 2012 16 Oct 2012
The first thing we did was to streamline the legal immigration system, to reduce the backlog, make it easier, simpler and cheaper for people who are waiting in line, obeying the law to make sure that they can come here and contribute to our country and that's good for our economic growth. Barack H. Obama Premise 2012 16 Oct 2012
They'll start new businesses. Barack H. Obama Premise 2012 16 Oct 2012
They'll make things happen to create jobs here in the United States. Barack H. Obama Premise 2012 16 Oct 2012
Number two, we do have to deal with our border so we put more border patrol on the -- any time in history and the flow of undocumented works across the border is actually lower than it's been in 40 years. Barack H. Obama Claim 2012 16 Oct 2012
What I've also said is if we're going to go after folks who are here illegally, we should do it smartly and go after folks who are criminals, gang bangers, people who are hurting the community, not after students, not after folks who are here just because they're trying to figure out how to feed their families. Barack H. Obama Claim 2012 16 Oct 2012
And that's what we've done. Barack H. Obama O 2012 16 Oct 2012
And what I've also said is for young people who come here, brought here often times by their parents. Barack H. Obama Premise 2012 16 Oct 2012
Had gone to school here, pledged allegiance to the flag. Barack H. Obama Premise 2012 16 Oct 2012
Think of this as their country. Barack H. Obama Premise 2012 16 Oct 2012
Understand themselves as Americans in every way except having papers. Barack H. Obama Premise 2012 16 Oct 2012
And we should make sure that we give them a pathway to citizenship. Barack H. Obama Claim 2012 16 Oct 2012
And that's what I've done administratively. Barack H. Obama O 2012 16 Oct 2012
Now, Governor Romney just said, you know he wants to help those young people too, but during the Republican primary, he said, "I will veto the DREAM Act", that would allow these young people to have access." Barack H. Obama Claim 2012 16 Oct 2012
His main strategy during the Republican primary was to say, "We're going to encourage self-deportation." Barack H. Obama O 2012 16 Oct 2012
Making life so miserable on folks that they'll leave. Barack H. Obama O 2012 16 Oct 2012
He called the Arizona law a model for the nation. Barack H. Obama Premise 2012 16 Oct 2012
Part of the Arizona law said that law enforcement officers could stop folks because they suspected maybe they looked like they might be undocumented workers and check their papers. Barack H. Obama Premise 2012 16 Oct 2012
You know what? Barack H. Obama O 2012 16 Oct 2012
If my daughter or yours looks to somebody like they're not a citizen, I don't want -- I don't want to empower somebody like that. Barack H. Obama Premise 2012 16 Oct 2012
So, we can fix this system in a comprehensive way. Barack H. Obama Claim 2012 16 Oct 2012
And when Governor Romney says, the challenge is, "Well Obama didn't try." Barack H. Obama Premise 2012 16 Oct 2012
That's not true. Barack H. Obama Claim 2012 16 Oct 2012
I have sat down with Democrats and Republicans at the beginning of my term. Barack H. Obama Claim 2012 16 Oct 2012
And I said, let's fix this system. Barack H. Obama Premise 2012 16 Oct 2012
Including Senators previously who had supported it on the Republican side. Barack H. Obama Premise 2012 16 Oct 2012
But it's very hard for Republican's in Congress to support comprehensive immigration reform, if their standard bearer has said that, this is not something I'm interested in supporting. Barack H. Obama Claim 2012 16 Oct 2012
Let me get the governor in here, Mr. President. Candy Crowley O 2012 16 Oct 2012
Let's speak to, if you could... Candy Crowley O 2012 16 Oct 2012
Yes. Willard(Mitt) M. Romney O 2012 16 Oct 2012
...the idea of self-deportation? Candy Crowley O 2012 16 Oct 2012
No, let -- let -- let me go back and speak to the points that the president made and -- and -- and let's get them correct. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I did not say that the Arizona law was a model for the nation in that aspect. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I said that the E-Verify portion of the Arizona law, which is -- which is the portion of the law which says that employers could be able to determine whether someone is here illegally or not illegally, that that was a model for the nation. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's number one. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Number two, I asked the president a question I think Hispanics and immigrants all over the nation have asked. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
He was asked this on Univision the other day. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Why, when you said you'd filed legislation in your first year didn't you do it? Willard(Mitt) M. Romney O 2012 16 Oct 2012
And he didn't answer. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He -- he doesn't answer that question. Willard(Mitt) M. Romney O 2012 16 Oct 2012
He said the standard bearer wasn't for it. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'm glad you thought I was a standard bearer four years ago, but I wasn't. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Four years ago you said in your first year you would file legislation. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
In his first year, I was just getting -- licking my wounds from having been beaten by John McCain, all right. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I was not the standard bearer. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
My -- my view is that this president should have honored his promise to do as he said. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Now, let me mention one other thing, and that is self-deportation says let people make their own choice. Willard(Mitt) M. Romney O 2012 16 Oct 2012
What I was saying is, we're not going to round up 12 million people, undocumented illegals, and take them out of the nation. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Instead let people make their own choice. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And if they -- if they find that -- that they can't get the benefits here that they want and they can't -- and they can't find the job they want, then they'll make a decision to go a place where -- where they have better opportunities. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
But I'm not in favor of rounding up people and -- and -- and taking them out of this country. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I am in favor, as the president has said, and I agree with him, which is that if people have committed crimes we got to get them out of this country. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Let me mention something else the president said. Willard(Mitt) M. Romney O 2012 16 Oct 2012
It was a moment ago and I didn't get a chance to, when he was describing Chinese investments and so forth. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Candy? Barack H. Obama O 2012 16 Oct 2012
Hold on a second. Barack H. Obama O 2012 16 Oct 2012
The... Barack H. Obama O 2012 16 Oct 2012
Mr. President, I'm still speaking. Willard(Mitt) M. Romney O 2012 16 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
Mr. President, let me finish. Willard(Mitt) M. Romney O 2012 16 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
I've gotta continue. Willard(Mitt) M. Romney O 2012 16 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
Governor Romney, you can make it short. Candy Crowley O 2012 16 Oct 2012
See all these people? Candy Crowley O 2012 16 Oct 2012
They've been waiting for you. Candy Crowley O 2012 16 Oct 2012
(inaudible) make it short (inaudible). Candy Crowley O 2012 16 Oct 2012
Just going to make a point. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Any investments I have over the last eight years have been managed by a blind trust. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And I understand they do include investments outside the United States, including in -- in Chinese companies. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Mr. President, have you looked at your pension? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Have you looked at your pension? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I've got to say... Barack H. Obama O 2012 16 Oct 2012
Mr. President, have you looked at your pension? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
You know, I -- I don't look at my pension. Barack H. Obama O 2012 16 Oct 2012
It's not as big as yours so it doesn't take as long. Barack H. Obama Claim 2012 16 Oct 2012
Well, let me give you some advice. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I don't check it that often. Barack H. Obama Premise 2012 16 Oct 2012
Let me give you some advice. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Look at your pension. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
You also have investments in Chinese companies. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
You also have investments outside the United States. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
You also have investments through a Cayman's trust. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
(CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
We're way off topic here, Governor Romney. Candy Crowley O 2012 16 Oct 2012
(CROSSTALK) Candy Crowley O 2012 16 Oct 2012
I thought we were talking about immigration. Barack H. Obama Claim 2012 16 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
I do want to make sure that... Barack H. Obama O 2012 16 Oct 2012
If I could have you sit down, Governor Romney. Candy Crowley O 2012 16 Oct 2012
Thank you. Candy Crowley O 2012 16 Oct 2012
I do want to make sure that -- I do want to make sure that we just understand something. Barack H. Obama O 2012 16 Oct 2012
Governor Romney says he wasn't referring to Arizona as a model for the nation. Barack H. Obama Premise 2012 16 Oct 2012
His top adviser on immigration is the guy who designed the Arizona law, the entirety of it; not E-Verify, the whole thing. Barack H. Obama Premise 2012 16 Oct 2012
That's his policy. Barack H. Obama Claim 2012 16 Oct 2012
And it's a bad policy. Barack H. Obama Claim 2012 16 Oct 2012
And it won't help us grow. Barack H. Obama Claim 2012 16 Oct 2012
Look, when we think about immigration, we have to understand there are folks all around the world who still see America as the land of promise. Barack H. Obama Claim 2012 16 Oct 2012
And they provide us energy and they provide us innovation and they start companies like Intel and Google. Barack H. Obama Claim 2012 16 Oct 2012
And we want to encourage that. Barack H. Obama Premise 2012 16 Oct 2012
Now, we've got to make sure that we do it in a smart way and a comprehensive way, and we make the legal system better. Barack H. Obama Claim 2012 16 Oct 2012
But when we make this into a divisive political issue, and when we don't have bipartisan support -- I can deliver, Governor, a whole bunch of Democrats to get comprehensive immigration reform done, and we can't... Barack H. Obama O 2012 16 Oct 2012
I'll get it done. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I'll get it done. Willard(Mitt) M. Romney NaN 2012 16 Oct 2012
First year... Willard(Mitt) M. Romney O 2012 16 Oct 2012
... we can't -- we have not seen Republicans serious about this issue at all. Barack H. Obama O 2012 16 Oct 2012
And it's time for them to get serious on it. Barack H. Obama O 2012 16 Oct 2012
Mr. President, let me move you on here please. Candy Crowley O 2012 16 Oct 2012
Mr. President, (inaudible). Candy Crowley O 2012 16 Oct 2012
This used to be a bipartisan issue. Barack H. Obama Claim 2012 16 Oct 2012
(CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
Don't go away, though -- right. Candy Crowley O 2012 16 Oct 2012
Don't go away because I -- I want you to talk to Kerry Ladka who wants to switch the topic for us. Candy Crowley O 2012 16 Oct 2012
OK. Hi, Kerry. Barack H. Obama O 2012 16 Oct 2012
Good evening, Mr. President. QUESTION O 2012 16 Oct 2012
I'm sorry. Barack H. Obama O 2012 16 Oct 2012
What's your name? Barack H. Obama O 2012 16 Oct 2012
It's Kerry, Kerry Ladka. QUESTION O 2012 16 Oct 2012
Great to see you. Barack H. Obama O 2012 16 Oct 2012
This question actually comes from a brain trust of my friends at Global Telecom Supply (ph) in Minneola yesterday. QUESTION O 2012 16 Oct 2012
Ah. Barack H. Obama O 2012 16 Oct 2012
We were sitting around, talking about Libya, and we were reading and became aware of reports that the State Department refused extra security for our embassy in Benghazi, Libya, prior to the attacks that killed four Americans. QUESTION O 2012 16 Oct 2012
Who was it that denied enhanced security and why? QUESTION O 2012 16 Oct 2012
Well, let me first of all talk about our diplomats, because they serve all around the world and do an incredible job in a very dangerous situation. Barack H. Obama Premise 2012 16 Oct 2012
And these aren't just representatives of the United States, they are my representatives. Barack H. Obama Premise 2012 16 Oct 2012
I send them there, oftentimes into harm's way. Barack H. Obama Premise 2012 16 Oct 2012
I know these folks and I know their families. Barack H. Obama Premise 2012 16 Oct 2012
So nobody is more concerned about their safety and security than I am. Barack H. Obama Claim 2012 16 Oct 2012
So as soon as we found out that the Benghazi consulate was being overrun, I was on the phone with my national security team and I gave them three instructions. Barack H. Obama Premise 2012 16 Oct 2012
Number one, beef up our security and procedures, not just in Libya, but at every embassy and consulate in the region. Barack H. Obama Claim 2012 16 Oct 2012
Number two, investigate exactly what happened, regardless of where the facts lead us, to make sure folks are held accountable and it doesn't happen again. Barack H. Obama Claim 2012 16 Oct 2012
And number three, we are going to find out who did this and we're going to hunt them down, because one of the things that I've said throughout my presidency is when folks mess with Americans, we go after them. Barack H. Obama O 2012 16 Oct 2012
Now Governor Romney had a very different response. Barack H. Obama Premise 2012 16 Oct 2012
While we were still dealing with our diplomats being threatened, Governor Romney put out a press release, trying to make political points, and that's not how a commander in chief operates. Barack H. Obama Premise 2012 16 Oct 2012
You don't turn national security into a political issue. Barack H. Obama Claim 2012 16 Oct 2012
Certainly not right when it's happening. Barack H. Obama Claim 2012 16 Oct 2012
And people -- not everybody agrees with some of the decisions I've made. Barack H. Obama Premise 2012 16 Oct 2012
But when it comes to our national security, I mean what I say. Barack H. Obama Premise 2012 16 Oct 2012
I said I'd end the war in Libya -- in -- in Iraq, and I did. Barack H. Obama Premise 2012 16 Oct 2012
I said that we'd go after al-Qaeda and bin Laden, we have. Barack H. Obama Premise 2012 16 Oct 2012
I said we'd transition out of Afghanistan, and start making sure that Afghans are responsible for their own security, that's what I'm doing. Barack H. Obama Premise 2012 16 Oct 2012
And when it comes to this issue, when I say that we are going to find out exactly what happened, everybody will be held accountable. Barack H. Obama Claim 2012 16 Oct 2012
And I am ultimately responsible for what's taking place there because these are my folks, and I'm the one who has to greet those coffins when they come home. Barack H. Obama Premise 2012 16 Oct 2012
You know that I mean what I say. Barack H. Obama O 2012 16 Oct 2012
Mr. President, I'm going to move us along. Candy Crowley O 2012 16 Oct 2012
Governor? Candy Crowley O 2012 16 Oct 2012
Thank you Kerry for your question, it's an important one. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And -- and I -- I think the president just said correctly that the buck does stop at his desk and -- and he takes responsibility for -- for that -- for the failure in providing those security resources, and -- and those terrible things may well happen from time to time. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I -- I'm -- I feel very deeply sympathetic for the families of those who lost loved ones. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And today there's a memorial service for one of those that was lost in this tragedy. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We -- we think of their families and care for them deeply. Willard(Mitt) M. Romney O 2012 16 Oct 2012
There were other issues associated with this -- with this tragedy. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
There were many days that passed before we knew whether this was a spontaneous demonstration, or actually whether it was a terrorist attack. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And there was no demonstration involved. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
It was a terrorist attack and it took a long time for that to be told to the American people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Whether there was some misleading, or instead whether we just didn't know what happened, you have to ask yourself why didn't we know five days later when the ambassador to the United Nations went on TV to say that this was a demonstration. Willard(Mitt) M. Romney O 2012 16 Oct 2012
How could we have not known? Willard(Mitt) M. Romney O 2012 16 Oct 2012
But I find more troubling than this, that on -- on the day following the assassination of the United States ambassador, the first time that's happened since 1979, when -- when we have four Americans killed there, when apparently we didn't know what happened, that the president, the day after that happened, flies to Las Vegas for a political fund-raiser, then the next day to Colorado for another event, other political event. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I think these -- these actions taken by a president and a leader have symbolic significance and perhaps even material significance in that you'd hope that during that time we could call in the people who were actually eyewitnesses. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We've read their accounts now about what happened. Willard(Mitt) M. Romney O 2012 16 Oct 2012
It was very clear this was not a demonstration. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
This was an attack by terrorists. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And this calls into question the president's whole policy in the Middle East. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Look what's happening in Syria, in Egypt, now in Libya. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Consider the distance between ourselves and -- and Israel, the president said that -- that he was going to put daylight between us and Israel. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We have Iran four years closer to a nuclear bomb. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Syria -- Syria's not just a tragedy of 30,000 civilians being killed by a military, but also a strategic -- strategically significant player for America. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The president's policies throughout the Middle East began with an apology tour and -- and -- and pursue a strategy of leading from behind, and this strategy is unraveling before our very eyes. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Because we're -- we're closing in, I want to still get a lot of people in. Candy Crowley O 2012 16 Oct 2012
I want to ask you something, Mr. President, and then have the governor just quickly. Candy Crowley O 2012 16 Oct 2012
Your secretary of state, as I'm sure you know, has said that she takes full responsibility for the attack on the diplomatic mission in Benghazi. Candy Crowley O 2012 16 Oct 2012
Does the buck stop with your secretary of state as far as what went on here? Candy Crowley O 2012 16 Oct 2012
Secretary Clinton has done an extraordinary job. Barack H. Obama Premise 2012 16 Oct 2012
But she works for me. Barack H. Obama Premise 2012 16 Oct 2012
I'm the president and I'm always responsible, and that's why nobody's more interested in finding out exactly what happened than I do. Barack H. Obama Claim 2012 16 Oct 2012
The day after the attack, governor, I stood in the Rose Garden and I told the American people in the world that we are going to find out exactly what happened. Barack H. Obama Premise 2012 16 Oct 2012
That this was an act of terror and I also said that we're going to hunt down those who committed this crime. Barack H. Obama Claim 2012 16 Oct 2012
And then a few days later, I was there greeting the caskets coming into Andrews Air Force Base and grieving with the families. Barack H. Obama Premise 2012 16 Oct 2012
And the suggestion that anybody in my team, whether the Secretary of State, our U.N. Barack H. Obama Premise 2012 16 Oct 2012
Ambassador, anybody on my team would play politics or mislead when we've lost four of our own, governor, is offensive. Barack H. Obama Claim 2012 16 Oct 2012
That's not what we do. Barack H. Obama Premise 2012 16 Oct 2012
That's not what I do as president, that's not what I do as Commander in Chief. Barack H. Obama Premise 2012 16 Oct 2012
Governor, if you want to... Candy Crowley O 2012 16 Oct 2012
Yes, I -- I... Willard(Mitt) M. Romney O 2012 16 Oct 2012
... quickly to this please. Candy Crowley O 2012 16 Oct 2012
I -- I think interesting the president just said something which -- which is that on the day after the attack he went into the Rose Garden and said that this was an act of terror. Willard(Mitt) M. Romney O 2012 16 Oct 2012
That's what I said. Barack H. Obama O 2012 16 Oct 2012
You said in the Rose Garden the day after the attack, it was an act of terror. Willard(Mitt) M. Romney O 2012 16 Oct 2012
It was not a spontaneous demonstration, is that what you're saying? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Please proceed governor. Barack H. Obama O 2012 16 Oct 2012
I want to make sure we get that for the record because it took the president 14 days before he called the attack in Benghazi an act of terror. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Get the transcript. Barack H. Obama O 2012 16 Oct 2012
It -- it -- it -- he did in fact, sir. Candy Crowley O 2012 16 Oct 2012
So let me -- let me call it an act of terror... Candy Crowley O 2012 16 Oct 2012
Can you say that a little louder, Candy? Barack H. Obama O 2012 16 Oct 2012
He -- he did call it an act of terror. Candy Crowley O 2012 16 Oct 2012
It did as well take -- it did as well take two weeks or so for the whole idea there being a riot out there about this tape to come out. Candy Crowley Premise 2012 16 Oct 2012
You are correct about that. Candy Crowley Claim 2012 16 Oct 2012
This -- the administration -- the administration indicated this was a reaction to a video and was a spontaneous reaction. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It did. Candy Crowley O 2012 16 Oct 2012
It took them a long time to say this was a terrorist act by a terrorist group. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And to suggest -- am I incorrect in that regard, on Sunday, the -- your secretary -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
Candy? Barack H. Obama O 2012 16 Oct 2012
Excuse me. Willard(Mitt) M. Romney O 2012 16 Oct 2012
The ambassador of the United Nations went on the Sunday television shows and spoke about how -- Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Candy, I'm -- Barack H. Obama O 2012 16 Oct 2012
-- this was a spontaneous -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
Mr. President, let me -- Candy Crowley O 2012 16 Oct 2012
I'm happy to have a longer conversation -- Barack H. Obama O 2012 16 Oct 2012
I know you -- Candy Crowley O 2012 16 Oct 2012
-- about foreign policy. Barack H. Obama O 2012 16 Oct 2012
Absolutely. Candy Crowley O 2012 16 Oct 2012
But I want to -- I want to move you on and also -- Candy Crowley O 2012 16 Oct 2012
OK. Barack H. Obama O 2012 16 Oct 2012
I'm happy to do that, too. Barack H. Obama O 2012 16 Oct 2012
-- the transcripts and -- Candy Crowley O 2012 16 Oct 2012
I just want to make sure that -- Barack H. Obama O 2012 16 Oct 2012
-- figure out what we -- Candy Crowley O 2012 16 Oct 2012
-- all of these wonderful folks are going to have a chance to get some of their questions answered. Barack H. Obama O 2012 16 Oct 2012
Because what I -- what I want to do, Mr. President, stand there a second, because I want to introduce you to Nina Gonzalez, who brought up a question that we hear a lot, both over the Internet and from this crowd. Candy Crowley O 2012 16 Oct 2012
President Obama, during the Democratic National Convention in 2008, you stated you wanted to keep AK-47s out of the hands of criminals. QUESTION Premise 2012 16 Oct 2012
What has your administration done or planned to do to limit the availability of assault weapons? QUESTION Claim 2012 16 Oct 2012
We're a nation that believes in the Second Amendment, and I believe in the Second Amendment. Barack H. Obama Premise 2012 16 Oct 2012
We've got a long tradition of hunting and sportsmen and people who want to make sure they can protect themselves. Barack H. Obama Premise 2012 16 Oct 2012
But there have been too many instances during the course of my presidency, where I've had to comfort families who have lost somebody. Barack H. Obama Premise 2012 16 Oct 2012
Most recently out in Aurora. Barack H. Obama O 2012 16 Oct 2012
You know, just a couple of weeks ago, actually, probably about a month, I saw a mother, who I had met at the bedside of her son, who had been shot in that theater. Barack H. Obama Premise 2012 16 Oct 2012
And her son had been shot through the head. Barack H. Obama O 2012 16 Oct 2012
And we spent some time, and we said a prayer and, remarkably, about two months later, this young man and his mom showed up, and he looked unbelievable, good as new. Barack H. Obama O 2012 16 Oct 2012
But there were a lot of families who didn't have that good fortune and whose sons or daughters or husbands didn't survive. Barack H. Obama Claim 2012 16 Oct 2012
So my belief is that, (A), we have to enforce the laws we've already got, make sure that we're keeping guns out of the hands of criminals, those who are mentally ill. We've done a much better job in terms of background checks, but we've got more to do when it comes to enforcement. Barack H. Obama Claim 2012 16 Oct 2012
But I also share your belief that weapons that were designed for soldiers in war theaters don't belong on our streets. Barack H. Obama Premise 2012 16 Oct 2012
And so what I'm trying to do is to get a broader conversation about how do we reduce the violence generally. Barack H. Obama Claim 2012 16 Oct 2012
Part of it is seeing if we can get an assault weapons ban reintroduced. Barack H. Obama Claim 2012 16 Oct 2012
But part of it is also looking at other sources of the violence. Barack H. Obama Claim 2012 16 Oct 2012
Because frankly, in my home town of Chicago, there's an awful lot of violence and they're not using AK-47s. Barack H. Obama Premise 2012 16 Oct 2012
They're using cheap hand guns. Barack H. Obama Claim 2012 16 Oct 2012
And so what can we do to intervene, to make sure that young people have opportunity; that our schools are working; that if there's violence on the streets, that working with faith groups and law enforcement, we can catch it before it gets out of control. Barack H. Obama Claim 2012 16 Oct 2012
And so what I want is a -- is a comprehensive strategy. Barack H. Obama O 2012 16 Oct 2012
Part of it is seeing if we can get automatic weapons that kill folks in amazing numbers out of the hands of criminals and the mentally ill. Barack H. Obama Premise 2012 16 Oct 2012
But part of it is also going deeper and seeing if we can get into these communities and making sure we catch violent impulses before they occur. Barack H. Obama Premise 2012 16 Oct 2012
Governor Romney, the question is about assault weapons, AK-47s. Candy Crowley O 2012 16 Oct 2012
Yeah, I'm not in favor of new pieces of legislation on -- on guns and taking guns away or making certain guns illegal. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We, of course, don't want to have automatic weapons, and that's already illegal in this country to have automatic weapons. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
What I believe is we have to do, as the president mentioned towards the end of his remarks there, which is to make enormous efforts to enforce the gun laws that we have, and to change the culture of violence that we have. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And you ask how -- how are we going to do that? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And there are a number of things. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He mentioned good schools. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I totally agree. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We were able to drive our schools to be number one in the nation in my state. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And I believe if we do a better job in education, we'll -- we'll give people the -- the hope and opportunity they deserve and perhaps less violence from that. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But let me mention another thing. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And that is parents. Willard(Mitt) M. Romney O 2012 16 Oct 2012
We need moms and dads, helping to raise kids. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Wherever possible the -- the benefit of having two parents in the home, and that's not always possible. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
A lot of great single moms, single dads. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
But gosh to tell our kids that before they have babies, they ought to think about getting married to someone, that's a great idea. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Because if there's a two parent family, the prospect of living in poverty goes down dramatically. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The opportunities that the child will -- will be able to achieve increase dramatically. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So we can make changes in the way our culture works to help bring people away from violence and give them opportunity, and bring them in the American system. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The -- the greatest failure we've had with regards to -- to gun violence in some respects is what -- what is known as Fast and Furious. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Which was a program under this administration, and how it worked exactly I think we don't know precisely, where thousands of automatic, and AK-47 type weapons were -- were given to people that ultimately gave them to -- to drug lords. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
They used those weapons against -- against their own citizens and killed Americans with them. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And this was a -- this was a program of the government. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
For what purpose it was put in place, I can't imagine. Willard(Mitt) M. Romney O 2012 16 Oct 2012
But it's one of the great tragedies related to violence in our society which has occurred during this administration. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Which I think the American people would like to understand fully, it's been investigated to a degree, but -- but the administration has carried out executive privilege to prevent all of the information from coming out. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I'd like to understand who it was that did this, what the idea was behind it, why it led to the violence, thousands of guns going to Mexican drug lords. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Candy? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Governor, Governor, if I could, the question was about these assault weapons that once were once banned and are no longer banned. Candy Crowley O 2012 16 Oct 2012
I know that you signed an assault weapons ban when you were in Massachusetts, obviously, with this question, you no longer do support that. Candy Crowley O 2012 16 Oct 2012
Why is that, given the kind of violence that we see sometimes with these mass killings? Candy Crowley O 2012 16 Oct 2012
Why is it that you have changed your mind? Candy Crowley O 2012 16 Oct 2012
Well, Candy, actually, in my state, the pro-gun folks and the anti-gun folks came together and put together a piece of legislation. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And it's referred to as an assault weapon ban, but it had, at the signing of the bill, both the pro-gun and the anti-gun people came together, because it provided opportunities for both that both wanted. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
There were hunting opportunities, for instance, that haven't previously been available and so forth, so it was a mutually agreed- upon piece of legislation. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
That's what we need more of, Candy. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
What we have right now in Washington is a place that's gridlocked. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So I could -- if you could get people to agree to it, you would be for it? Candy Crowley O 2012 16 Oct 2012
We have -- Willard(Mitt) M. Romney O 2012 16 Oct 2012
Candy? Barack H. Obama O 2012 16 Oct 2012
-- we haven't had the leadership in Washington to work on a bipartisan basis. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I was able to do that in my state and bring these two together. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Quickly, Mr. President. Candy Crowley O 2012 16 Oct 2012
The -- first of all, I think Governor Romney was for an assault weapons ban before he was against it. Barack H. Obama Claim 2012 16 Oct 2012
And he said that the reason he changed his mind was, in part, because he was seeking the endorsement of the National Rifle Association. Barack H. Obama Premise 2012 16 Oct 2012
So that's on the record. Barack H. Obama O 2012 16 Oct 2012
But I think that one area we agree on is the important of parents and the importance of schools, because I do believe that if our young people have opportunity, then they are less likely to engage in these kinds of violent acts. Barack H. Obama Premise 2012 16 Oct 2012
We're not going to eliminate everybody who is mentally disturbed and we have got to make sure they don't get weapons. Barack H. Obama Premise 2012 16 Oct 2012
But we can make a difference in terms ensuring that every young person in America, regardless of where they come from, what they look like, have a chance to succeed. Barack H. Obama Premise 2012 16 Oct 2012
And, Candy, we haven't had a chance to talk about education much, but I think it is very important to understand that the reforms we've put in place, working with 46 governors around the country, are seeing schools that are some of the ones that are the toughest for kids starting to succeed. Barack H. Obama Claim 2012 16 Oct 2012
We're starting to see gains in math and science. Barack H. Obama Premise 2012 16 Oct 2012
When it comes to community colleges, we are setting up programs, including with Nassau Community College, to retrain workers, including young people who may have dropped out of school but now are getting another chance, training them for the jobs that exist right now. Barack H. Obama Claim 2012 16 Oct 2012
And in fact, employers are looking for skilled workers. Barack H. Obama Premise 2012 16 Oct 2012
And so we're matching them up. Barack H. Obama Claim 2012 16 Oct 2012
Giving them access to higher education. Barack H. Obama Claim 2012 16 Oct 2012
As I said, we have made sure that millions of young people are able to get an education that they weren't able to get before. Barack H. Obama Claim 2012 16 Oct 2012
Now... Barack H. Obama O 2012 16 Oct 2012
Mr. President, I have to -- I have to move you along here. Candy Crowley O 2012 16 Oct 2012
You said you wanted to... (CROSSTALK) Candy Crowley O 2012 16 Oct 2012
We need to do it here. Candy Crowley O 2012 16 Oct 2012
But -- but it'll -- it'll -- it'll be... (CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
... just one second. Barack H. Obama O 2012 16 Oct 2012
One... Candy Crowley O 2012 16 Oct 2012
Because -- because this is important. Barack H. Obama O 2012 16 Oct 2012
This is part of the choice in this election. Barack H. Obama O 2012 16 Oct 2012
When Governor Romney was asked whether teachers, hiring more teachers was important to growing our economy, Governor Romney said that doesn't grow our economy. Barack H. Obama O 2012 16 Oct 2012
When -- when he was asked would class size... (CROSSTALK) Barack H. Obama O 2012 16 Oct 2012
The question, Mr. President, was guns here, so I need to move us along. Candy Crowley O 2012 16 Oct 2012
I understand. Barack H. Obama O 2012 16 Oct 2012
You know, the question was guns. Candy Crowley O 2012 16 Oct 2012
So let me -- let me bring in another... Candy Crowley O 2012 16 Oct 2012
But this will make a difference in terms of whether or not we can move this economy forward for these young people... Barack H. Obama Claim 2012 16 Oct 2012
I understand. Candy Crowley O 2012 16 Oct 2012
... and reduce our violence. Barack H. Obama O 2012 16 Oct 2012
OK. Candy Crowley O 2012 16 Oct 2012
Thank you so much. Candy Crowley O 2012 16 Oct 2012
I want to ask Carol Goldberg to stand up, because she gets to a question that both these men have been passionate about. Candy Crowley O 2012 16 Oct 2012
It's for Governor Romney. Candy Crowley O 2012 16 Oct 2012
The outsourcing of American jobs overseas has taken a toll on our economy. QUESTION O 2012 16 Oct 2012
What plans do you have to put back and keep jobs here in the United States? QUESTION O 2012 16 Oct 2012
Boy, great question and important question, because you're absolutely right. Willard(Mitt) M. Romney O 2012 16 Oct 2012
The place where we've seen manufacturing go has been China. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
China is now the largest manufacturer in the world. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It used to be the United States of America. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
A lot of good people have lost jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
A half a million manufacturing jobs have been lost in the last four years. Willard(Mitt) M. Romney O 2012 16 Oct 2012
That's total over the last four years. Willard(Mitt) M. Romney O 2012 16 Oct 2012
One of the reasons for that is that people think it's more attractive in some cases to go offshore than to stay here. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We have made it less attractive for enterprises to stay here than to go offshore from time to time. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
What I will do as president is make sure it's more attractive to come to America again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
This is the way we're going to create jobs in this country. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
It's not by trickle-down government, saying we're going to take more money from people and hire more government workers, raise more taxes, put in place more regulations. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Trickle-down government has never worked here, has never worked anywhere. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I want to make America the most attractive place in the world for entrepreneurs, for small business, for big business, to invest and grow in America. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Now, we're going to have to make sure that as we trade with other nations that they play by the rules. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And China hasn't. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
One of the reasons -- or one of the ways they don't play by the rules is artificially holding down the value of their currency. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Because if they put their currency down low, that means their prices on their goods are low. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And that makes them advantageous in the marketplace. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We lose sales. Willard(Mitt) M. Romney O 2012 16 Oct 2012
And manufacturers here in the U.S. making the same products can't compete. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
China has been a currency manipulator for years and years and years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And the president has a regular opportunity to label them as a currency manipulator, but refuses to do so. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
On day one, I will label China a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where I believe that they are taking unfair advantage of our manufacturers. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So we're going to make sure that people we trade with around the world play by the rules. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
But let me -- let me not just stop there. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Don't forget, what's key to bringing back jobs here is not just finding someone else to punish, and I'm going to be strict with people who we trade with to make sure they -- they follow the law and play by the rules, but it's also to make America the most attractive place in the world for businesses of all kinds. Willard(Mitt) M. Romney O 2012 16 Oct 2012
That's why I want to down the tax rates on small employers, big employers, so they want to be here. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Canada's tax rate on companies is now 15 percent. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Ours is 35 percent. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
So if you're starting a business, where would you rather start it? Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We have to be competitive if we're going to create more jobs here. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Regulations have quadrupled. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The rate of regulations quadrupled under this president. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I talk to small businesses across the country. Willard(Mitt) M. Romney O 2012 16 Oct 2012
They say, "We feel like we're under attack from our own government." Willard(Mitt) M. Romney O 2012 16 Oct 2012
I want to make sure that regulators see their job as encouraging small business, not crushing it. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And there's no question but that Obamacare has been an extraordinary deterrent to enterprises of all kinds hiring people. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
My priority is making sure that we get more people hired. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
If we have more people hired, if we get back manufacturing jobs, if we get back all kinds of jobs into this country, then you're going to see rising incomes again. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The reason incomes are down is because unemployment is so high. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I know what it takes to get this to happen, and my plan will do that, and one part of it is to make sure that we keep China playing by the rules. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Mr. President, two minutes here, because we are then going to go to our last question. Candy Crowley O 2012 16 Oct 2012
OK. We need to create jobs here. Barack H. Obama Claim 2012 16 Oct 2012
And both Governor Romney and I agree actually that we should lower our corporate tax rate. Barack H. Obama Premise 2012 16 Oct 2012
It's too high. Barack H. Obama Claim 2012 16 Oct 2012
But there's a difference in terms of how we would do it. Barack H. Obama O 2012 16 Oct 2012
I want to close loopholes that allow companies to deduct expenses when they move to China; that allow them to profit offshore and not have to get taxed, so they have tax advantages offshore. Barack H. Obama Claim 2012 16 Oct 2012
All those changes in our tax code would make a difference. Barack H. Obama Premise 2012 16 Oct 2012
Now, Governor Romney actually wants to expand those tax breaks. Barack H. Obama Claim 2012 16 Oct 2012
One of his big ideas when it comes to corporate tax reform would be to say, if you invest overseas, you make profits overseas, you don't have to pay U.S. taxes. Barack H. Obama Premise 2012 16 Oct 2012
But, of course, if you're a small business or a mom-and-pop business or a big business starting up here, you've got to pay even the reduced rate that Governor Romney's talking about. Barack H. Obama Premise 2012 16 Oct 2012
And it's estimated that that will create 800,000 new jobs. Barack H. Obama Claim 2012 16 Oct 2012
The problem is they'll be in china. Barack H. Obama Claim 2012 16 Oct 2012
Or India. Barack H. Obama Claim 2012 16 Oct 2012
Or Germany. Barack H. Obama Claim 2012 16 Oct 2012
That's not the way we're going to create jobs here. Barack H. Obama Premise 2012 16 Oct 2012
The way we're going to create jobs here is not just to change our tax code, but also to double our exports. Barack H. Obama Claim 2012 16 Oct 2012
And we are on pace to double our exports, one of the commitments I made when I was president. Barack H. Obama Premise 2012 16 Oct 2012
That's creating tens of thousands of jobs all across the country. Barack H. Obama Premise 2012 16 Oct 2012
That's why we've kept on pushing trade deals, but trade deals that make sure that American workers and American businesses are getting a good deal. Barack H. Obama Premise 2012 16 Oct 2012
Now, Governor Romney talked about China, as I already indicated. Barack H. Obama O 2012 16 Oct 2012
In the private sector, Governor Romney's company invested in what were called pioneers of outsourcing. Barack H. Obama Claim 2012 16 Oct 2012
That's not my phrase. Barack H. Obama Premise 2012 16 Oct 2012
That's what reporters called it. Barack H. Obama Premise 2012 16 Oct 2012
And as far as currency manipulation, the currency has actually gone up 11 percent since I've been president because we have pushed them hard. Barack H. Obama Claim 2012 16 Oct 2012
And we've put unprecedented trade pressure on China. Barack H. Obama Premise 2012 16 Oct 2012
That's why exports have significantly increased under my presidency. Barack H. Obama Claim 2012 16 Oct 2012
That's going to help to create jobs here. Barack H. Obama Premise 2012 16 Oct 2012
Mr. President, we have a really short time for a quick discussion here. Candy Crowley O 2012 16 Oct 2012
iPad, the Macs, the iPhones, they are all manufactured in China. Candy Crowley O 2012 16 Oct 2012
One of the major reasons is labor is so much cheaper here. Candy Crowley O 2012 16 Oct 2012
How do you convince a great American company to bring that manufacturing back here? Candy Crowley O 2012 16 Oct 2012
The answer is very straightforward. Willard(Mitt) M. Romney O 2012 16 Oct 2012
We can compete with anyone in the world as long as the playing field is level. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
China's been cheating over the years. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
One by holding down the value of their currency. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Number two, by stealing our intellectual property; our designs, our patents, our technology. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
There's even an Apple store in China that's a counterfeit Apple store, selling counterfeit goods. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
They hack into our computers. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We will have to have people play on a fair basis, that's number one. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Number two, we have to make America the most attractive place for entrepreneurs, for people who want to expand their business. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
That's what brings jobs in. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
The president's characterization of my tax plan... (CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
...is completely...is completely... (CROSSTALK) Willard(Mitt) M. Romney O 2012 16 Oct 2012
...is completely false. Willard(Mitt) M. Romney O 2012 16 Oct 2012
Let me tell you... Willard(Mitt) M. Romney O 2012 16 Oct 2012
Let me to go the president here because we really are running out of time. Candy Crowley O 2012 16 Oct 2012
And the question is can we ever get -- we can't get wages like that. Candy Crowley O 2012 16 Oct 2012
It can't be sustained. Candy Crowley O 2012 16 Oct 2012
Candy, there are some jobs that are not going to come back. Barack H. Obama Claim 2012 16 Oct 2012
Because they are low wage, low skill jobs. Barack H. Obama Premise 2012 16 Oct 2012
I want high wage, high skill jobs. Barack H. Obama O 2012 16 Oct 2012
That's why we have to emphasize manufacturing. Barack H. Obama Claim 2012 16 Oct 2012
That's why we have to invest in advanced manufacturing. Barack H. Obama Claim 2012 16 Oct 2012
That's why we've got to make sure that we've got the best science and research in the world. Barack H. Obama Claim 2012 16 Oct 2012
And when we talk about deficits, if we're adding to our deficit for tax cuts for folks who don't need them, and we're cutting investments in research and science that will create the next Apple, create the next new innovation that will sell products around the world, we will lose that race. Barack H. Obama Claim 2012 16 Oct 2012
If we're not training engineers to make sure that they are equipped here in this country. Barack H. Obama Premise 2012 16 Oct 2012
Then companies won't come here. Barack H. Obama Premise 2012 16 Oct 2012
Those investments are what's going to help to make sure that we continue to lead this world economy, not just next year, but 10 years from now, 50 years from now, 100 years from now. Barack H. Obama Claim 2012 16 Oct 2012
Thanks Mr. President. Candy Crowley O 2012 16 Oct 2012
(CROSSTALK) Candy Crowley O 2012 16 Oct 2012
Governor Romney? Candy Crowley O 2012 16 Oct 2012
Government does not create jobs. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Government does not create jobs. Willard(Mitt) M. Romney NaN 2012 16 Oct 2012
Governor Romney, I want to introduce you to Barry Green, because he's going to have the last question to you first? Candy Crowley O 2012 16 Oct 2012
Barry? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Where is Barry? Willard(Mitt) M. Romney O 2012 16 Oct 2012
Hi, Governor. QUESTION O 2012 16 Oct 2012
I think this is a tough question. QUESTION O 2012 16 Oct 2012
To each of you. QUESTION O 2012 16 Oct 2012
What do you believe is the biggest misperception that the American people have about you as a man and a candidate? QUESTION O 2012 16 Oct 2012
Using specific examples, can you take this opportunity to debunk that misperception and set us straight? QUESTION O 2012 16 Oct 2012
Thank you, and that's an opportunity for me, and I appreciate it. Willard(Mitt) M. Romney O 2012 16 Oct 2012
In the nature of a campaign, it seems that some campaigns are focused on attacking a person rather than prescribing their own future and the things they'd like to do. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
In the course of that, I think the president's campaign has tried to characterize me as -- as someone who's very different than who I am. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I care about 100 percent of the American people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I want 100 percent of the American people to have a bright and prosperous future. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I care about our kids. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I understand what it takes to make a bright and prosperous future for America again. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I spent my life in the private sector, not in government. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I'm a guy who wants to help with the experience I have, the American people. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
My -- my passion probably flows from the fact that I believe in God. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And I believe we're all children of the same God. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I believe we have a responsibility to care for one another. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I -- I served as a missionary for my church. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I served as a pastor in my congregation for about 10 years. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I've sat across the table from people who were out of work and worked with them to try and find new work or to help them through tough times. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I went to the Olympics when they were in trouble to try and get them on track. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
And as governor of my state, I was able to get 100 percent of my people insured, all my kids, about 98 percent of the adults. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I was able also to get our schools ranked number one in the nation, so 100 percent of our kids would have a bright opportunity for a future. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I understand that I can get this country on track again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
We don't have to settle for what we're going through. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We don't have to settle for gasoline at four bucks. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We don't have to settle for unemployment at a chronically high level. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We don't have to settle for 47 million people on food stamps. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We don't have to settle for 50 percent of kids coming out of college not able to get work. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
We don't have to settle for 23 million people struggling to find a good job. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
If I become president, I'll get America working again. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I will get us on track to a balanced budget. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The president hasn't. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
I will. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
I'll make sure we can reform Medicare and Social Security to preserve them for coming -- coming generations. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
The president said he would. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
He didn't. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
Governor... Candy Crowley O 2012 16 Oct 2012
I'll get our incomes up. Willard(Mitt) M. Romney Claim 2012 16 Oct 2012
And by the way, I've done these things. Willard(Mitt) M. Romney O 2012 16 Oct 2012
I served as governor and showed I could get them done. Willard(Mitt) M. Romney Premise 2012 16 Oct 2012
Mr. President, last two minutes belong to you. Candy Crowley O 2012 16 Oct 2012
Barry, I think a lot of this campaign, maybe over the last four years, has been devoted to this nation that I think government creates jobs, that that somehow is the answer. Barack H. Obama Claim 2012 16 Oct 2012
That's not what I believe. Barack H. Obama Premise 2012 16 Oct 2012
I believe that the free enterprise system is the greatest engine of prosperity the world's ever known. Barack H. Obama Claim 2012 16 Oct 2012
I believe in self-reliance and individual initiative and risk takers being rewarded. Barack H. Obama Claim 2012 16 Oct 2012
But I also believe that everybody should have a fair shot and everybody should do their fair share and everybody should play by the same rules, because that's how our economy's grown. Barack H. Obama Claim 2012 16 Oct 2012
That's how we built the world's greatest middle class. Barack H. Obama Premise 2012 16 Oct 2012
And -- and that is part of what's at stake in this election. Barack H. Obama O 2012 16 Oct 2012
There's a fundamentally different vision about how we move our country forward. Barack H. Obama O 2012 16 Oct 2012
I believe Governor Romney is a good man. Barack H. Obama Claim 2012 16 Oct 2012
Loves his family, cares about his faith. Barack H. Obama Premise 2012 16 Oct 2012
But I also believe that when he said behind closed doors that 47 percent of the country considered themselves victims who refuse personal responsibility, think about who he was talking about. Barack H. Obama Claim 2012 16 Oct 2012
Folks on Social Security who've worked all their lives. Barack H. Obama Premise 2012 16 Oct 2012
Veterans who've sacrificed for this country. Barack H. Obama Premise 2012 16 Oct 2012
Students who are out there trying to hopefully advance their own dreams, but also this country's dreams. Barack H. Obama Premise 2012 16 Oct 2012
Soldiers who are overseas fighting for us right now. Barack H. Obama Premise 2012 16 Oct 2012
People who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. Barack H. Obama Premise 2012 16 Oct 2012
And I want to fight for them. Barack H. Obama Claim 2012 16 Oct 2012
That's what I've been doing for the last four years. Barack H. Obama Claim 2012 16 Oct 2012
Because if they succeed, I believe the country succeeds. Barack H. Obama Premise 2012 16 Oct 2012
When my grandfather fought in World War II and he came back and he got a G.I. Barack H. Obama Premise 2012 16 Oct 2012
Bill and that allowed him to go to college, that wasn't a handout. Barack H. Obama Premise 2012 16 Oct 2012
That was something that advanced the entire country. Barack H. Obama Premise 2012 16 Oct 2012
And I want to make sure that the next generation has those same opportunities. Barack H. Obama Claim 2012 16 Oct 2012
That's why I'm asking for your vote and that's why I'm asking for another four years. Barack H. Obama Claim 2012 16 Oct 2012
Good evening, and welcome to the first and only vice presidential debate of 2012, sponsored by the Commission on Presidential Debates. Martha Raddatz O 2012 11 Oct 2012
I'm Martha Raddatz of ABC News, and I am honored to moderate this debate between two men who have dedicated much of their lives to public service. Martha Raddatz O 2012 11 Oct 2012
Tonight's debate is divided between domestic and foreign policy issues. Martha Raddatz O 2012 11 Oct 2012
And I'm going to move back and forth between foreign and domestic, since that is what a vice president or president would have to do. Martha Raddatz O 2012 11 Oct 2012
We will have nine different segments. Martha Raddatz O 2012 11 Oct 2012
At the beginning of each segment, I will ask both candidates a question, and they will each have two minutes to answer. Martha Raddatz O 2012 11 Oct 2012
Then I will encourage a discussion between the candidates with follow-up questions. Martha Raddatz O 2012 11 Oct 2012
By coin toss, it has been determined that Vice President Biden will be first to answer the opening question. Martha Raddatz O 2012 11 Oct 2012
We have a wonderful audience here at Centre College tonight. Martha Raddatz O 2012 11 Oct 2012
You will no doubt hear their enthusiasm at the end of the debate -- and right now, as we welcome Vice President Joe Biden and Congressman Paul Ryan. Martha Raddatz O 2012 11 Oct 2012
(APPLAUSE) OK, you got your little wave to the families in. Martha Raddatz O 2012 11 Oct 2012
It's great. Martha Raddatz O 2012 11 Oct 2012
Good evening, gentlemen. Martha Raddatz O 2012 11 Oct 2012
It really is an honor to be here with both of you. Martha Raddatz O 2012 11 Oct 2012
I would like to begin with Libya. Martha Raddatz O 2012 11 Oct 2012
On a rather somber note, one month ago tonight, on the anniversary of 9/11, Ambassador Chris Stevens and three other brave Americans were killed in a terrorist attack in Benghazi. Martha Raddatz Premise 2012 11 Oct 2012
The State Department has now made clear, there were no protesters there. Martha Raddatz Premise 2012 11 Oct 2012
it was a pre-planned assault by heavily armed men. Martha Raddatz Claim 2012 11 Oct 2012
Wasn't this a massive intelligence failure, Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
What is was, it was a tragedy, Martha. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It -- Chris Stevens was one of our best. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We lost three other brave Americans. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I can make absolutely two commitments to you and all the American people tonight. Joseph(Joe) R. Biden O 2012 11 Oct 2012
One, we will find and bring to justice the men who did this. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And secondly, we will get to the bottom of it, and whatever -- wherever the facts lead us, wherever they lead us, we will make clear to the American public, because whatever mistakes were made will not be made again. Joseph(Joe) R. Biden O 2012 11 Oct 2012
When you're looking at a president, Martha, it seems to me that you should take a look at his most important responsibility. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's caring for the national security of the country. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And the best way to do that is take a look at how he's handled the issues of the day. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
On Iraq, the president said he would end the war. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Governor Romney said that was a tragic mistake, we should have left 30,000 -- he ended it. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Governor Romney said that was a tragic mistake, we should have left 30,000 troops there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
With regard to Afghanistan, he said he will end the war in 2014. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Governor Romney said we should not set a date, number one. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And number two, with regard to 2014, it depends. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
When it came to Osama bin Laden, the president the first day in office, I was sitting with him in the Oval Office, he called in the CIA and signed an order saying, "My highest priority is to get bin Laden." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Prior to the election, prior to the -- him being sworn in, Governor Romney was asked the question about how he would proceed. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He said, "I wouldn't move heaven and earth to get bin Laden." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He didn't understand it was more than about taking a murderer off the battlefield. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It was about restoring America's heart and letting terrorists around the world know, if you do harm to America, we will track you to the gates of hell if need be. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And lastly, the president of the United States has -- has led with a steady hand and clear vision. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Governor Romney, the opposite. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
The last thing we need now is another war. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
We mourn the loss of these four Americans who were murdered. Paul D. Ryan O 2012 11 Oct 2012
When you take a look at what has happened just in the last few weeks, they sent the U.N. ambassador out to say that this was because of a protest and a YouTube video. Paul D. Ryan Premise 2012 11 Oct 2012
It took the president two weeks to acknowledge that this was a terrorist attack. Paul D. Ryan Premise 2012 11 Oct 2012
He went to the U.N. and in his speech at the U.N. he said six times -- he talked about the YouTube video. Paul D. Ryan Premise 2012 11 Oct 2012
Look, if we're hit by terrorists we're going to call it for what it is, a terrorist attack. Paul D. Ryan Claim 2012 11 Oct 2012
Our ambassador in Paris has a Marine detachment guarding him. Paul D. Ryan Premise 2012 11 Oct 2012
Shouldn't we have a Marine detachment guarding our ambassador in Benghazi, a place where we knew that there was an Al Qaida cell with arms? Paul D. Ryan Premise 2012 11 Oct 2012
This is becoming more troubling by the day. Paul D. Ryan Claim 2012 11 Oct 2012
They first blamed the YouTube video. Paul D. Ryan Premise 2012 11 Oct 2012
Now they're trying to blame the Romney-Ryan ticket for making this an issue. Paul D. Ryan Premise 2012 11 Oct 2012
With respect to Iraq, we had the same position before the withdrawal, which was we agreed with the Obama administration. Paul D. Ryan Premise 2012 11 Oct 2012
Let's have a status of forces agreement to make sure that we secure our gains. Paul D. Ryan Premise 2012 11 Oct 2012
The vice president was put in charge of those negotiations by President Obama and they failed to get the agreement. Paul D. Ryan Premise 2012 11 Oct 2012
We don't have a status of forces agreement because they failed to get one. Paul D. Ryan Claim 2012 11 Oct 2012
That's what we are talking about. Paul D. Ryan O 2012 11 Oct 2012
Now, when it comes to our veterans, we owe them a great debt of gratitude for what they've done for us, including your son Beau. Paul D. Ryan O 2012 11 Oct 2012
But we also want to make sure that we don't lose the things we fought so hard to get. Paul D. Ryan O 2012 11 Oct 2012
Now, with respect to Afghanistan, the 2014 deadline, we agree with a 2014 transition. Paul D. Ryan O 2012 11 Oct 2012
But what we also want it do is make sure that we're not projecting weakness abroad, and that's what's happening here. Paul D. Ryan Claim 2012 11 Oct 2012
This Benghazi issue would be a tragedy in and of itself, but unfortunately it's indicative of a broader problem. Paul D. Ryan O 2012 11 Oct 2012
And that is what we are watching on our TV screens is the unraveling of the Obama foreign policy, which is making the (inaudible) more chaotic us less safe. Paul D. Ryan Claim 2012 11 Oct 2012
I just want to you about right in the middle of the crisis. Martha Raddatz O 2012 11 Oct 2012
Governor Romney, and you're talking about this again tonight, talked about the weakness; talked about apologies from the Obama administration. Martha Raddatz O 2012 11 Oct 2012
Was that really appropriate right in the middle of the crisis? Martha Raddatz O 2012 11 Oct 2012
On that same day, the Obama administration had the exact same position. Paul D. Ryan O 2012 11 Oct 2012
Let's recall that they disavowed their own statement that they had put out earlier in the day in Cairo. Paul D. Ryan O 2012 11 Oct 2012
So we had the same position, but we will -- it's never too early to speak out for our values. Paul D. Ryan O 2012 11 Oct 2012
We should have spoken out right away when the green revolution was up and starting; when the mullahs in Iran were attacking their people. Paul D. Ryan Claim 2012 11 Oct 2012
We should not have called Bashar Assad a reformer when he was turning his Russian-provided guns on his own people. Paul D. Ryan Claim 2012 11 Oct 2012
We should always stand up for peace, for democracy, for individual rights. Paul D. Ryan Claim 2012 11 Oct 2012
And we should not be imposing these devastating defense cuts, because what that does when we equivocate on our values, when we show that we're cutting down on defense, it makes us more weak. Paul D. Ryan Premise 2012 11 Oct 2012
It projects weakness. Paul D. Ryan Premise 2012 11 Oct 2012
And when we look weak, our adversaries are much more willing to test us. Paul D. Ryan Premise 2012 11 Oct 2012
They're more brazen in their attacks, and are allies are less willing to... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
With all due respect, that's a bunch of malarkey. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And why is that so? Martha Raddatz O 2012 11 Oct 2012
Because not a single thing he said is accurate. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
First of all... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Be specific. Martha Raddatz O 2012 11 Oct 2012
I will be very specific. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Number one, the -- this lecture on embassy security -- the congressman here cut embassy security in his budget by $300 million below what we asked for, number one. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
So much for the embassy security piece. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Number two, Governor Romney, before he knew the facts, before he even knew that our ambassador was killed, he was out making a political statement which was panned by the media around the world. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And this talk about this -- this weakness. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I -- I don't understand what my friend's talking about here. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We -- this is a president who's gone out and done everything he has said he was going to do. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is a guy who's repaired our alliances so the rest of the world follows us again. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is the guy who brought the entire world, including Russia and China, to bring about the most devastating -- most devastating -- the most devastating efforts on Iran to make sure that they in fact stop (inaudible). Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Look, I -- I just -- I mean, these guys bet against America all the time. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Can we talk -- let me go back to Libya. Martha Raddatz O 2012 11 Oct 2012
Yeah, sure. Joseph(Joe) R. Biden O 2012 11 Oct 2012
What were you first told about the attack? Martha Raddatz O 2012 11 Oct 2012
Why -- why were people talking about protests? Martha Raddatz O 2012 11 Oct 2012
When people in the consulate first saw armed men attacking with guns, there were no protesters. Martha Raddatz O 2012 11 Oct 2012
Why did that go on (inaudible)? Martha Raddatz O 2012 11 Oct 2012
Because that was exactly what we were told by the intelligence community. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
The intelligence community told us that. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
As they learned more facts about exactly what happened, they changed their assessment. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's why there's also an investigation headed by Tom Pickering, a leading diplomat from the Reagan years, who is doing an investigation as to whether or not there are any lapses, what the lapses were, so that they will never happen again. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And they wanted more security there. Martha Raddatz O 2012 11 Oct 2012
Well, we weren't told they wanted more security there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We did not know they wanted more security again. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And by the way, at the time we were told exactly -- we said exactly what the intelligence community told us that they knew. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That was the assessment. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And as the intelligence community changed their view, we made it clear they changed their view. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's why I said we will get to the bottom of this. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You know, usually when there's a crisis, we pull together. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We pull together as a nation. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But as I said, even before we knew what happened to the ambassador, the governor was holding a press conference -- was holding a press conference. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's not presidential leadership. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Mr. Ryan, I want to ask you about -- the Romney campaign talks a lot about no apologies. Martha Raddatz O 2012 11 Oct 2012
He has a book called called "No Apologies." Martha Raddatz O 2012 11 Oct 2012
Should the U.S. have apologized for Americans burning Korans in Afghanistan? Martha Raddatz O 2012 11 Oct 2012
Should the U.S. apologize for U.S. Marines urinating on Taliban corpses? Martha Raddatz O 2012 11 Oct 2012
Oh, gosh, yes. Paul D. Ryan O 2012 11 Oct 2012
Urinating on Taliban corpses? Paul D. Ryan O 2012 11 Oct 2012
What we should not apologize for... Paul D. Ryan O 2012 11 Oct 2012
Burning Korans, immediately? Martha Raddatz O 2012 11 Oct 2012
What -- what we should not be apologizing for are standing up for our values. Paul D. Ryan Claim 2012 11 Oct 2012
What we should not be doing is saying to the Egyptian people, while Mubarak is cracking down on them, that he's a good guy and, in the next week, say he ought to go. Paul D. Ryan Claim 2012 11 Oct 2012
What we should not be doing is rejecting claims for -- for calls for more security in our barracks, in our Marine -- we need Marines in Benghazi when the commander on the ground says we need more forces for security. Paul D. Ryan Claim 2012 11 Oct 2012
There were requests for extra security; those requests were not honored. Paul D. Ryan Premise 2012 11 Oct 2012
Look, this was the anniversary of 9/11. Paul D. Ryan O 2012 11 Oct 2012
It was Libya, a country we knew we had Al Qaida cells there, as we know Al Qaida and its affiliates are on the rise in Northern Africa. Paul D. Ryan O 2012 11 Oct 2012
And we did not give our ambassador in Benghazi a Marine detachment? Paul D. Ryan O 2012 11 Oct 2012
Of course there's an investigation, so we can make sure that this never happens again, but when it comes to speaking up for our values, we should not apologize for those. Paul D. Ryan O 2012 11 Oct 2012
Here's the problem. Paul D. Ryan O 2012 11 Oct 2012
Look at all the various issues out there, and it's unraveling before our eyes. Paul D. Ryan O 2012 11 Oct 2012
The vice president talks about sanctions on Iran. Paul D. Ryan O 2012 11 Oct 2012
They got -- we've had four... Paul D. Ryan O 2012 11 Oct 2012
Let's move to Iran. Martha Raddatz O 2012 11 Oct 2012
I'd actually like to move to Iran, because there's really no bigger national security... Martha Raddatz O 2012 11 Oct 2012
Absolutely. Paul D. Ryan O 2012 11 Oct 2012
... this country is facing. Martha Raddatz O 2012 11 Oct 2012
Both President Obama and Governor Romney have said they will prevent Iran from getting a nuclear weapon, even if that means military action. Martha Raddatz O 2012 11 Oct 2012
Last week, former Defense Secretary Bob Gates said a strike on Iran's facilities would not work and, quote, "could prove catastrophic, haunting us for generations." Martha Raddatz O 2012 11 Oct 2012
Can the two of you be absolutely clear and specific to the American people how effective would a military strike be? Martha Raddatz O 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
We cannot allow Iran to gain a nuclear weapons capability. Paul D. Ryan Claim 2012 11 Oct 2012
Now, let's take a look at where we've gone -- come from. Paul D. Ryan O 2012 11 Oct 2012
When Barack Obama was elected, they had enough fissile material -- nuclear material to make one bomb. Paul D. Ryan Premise 2012 11 Oct 2012
Now they have enough for five. Paul D. Ryan Premise 2012 11 Oct 2012
They're racing toward a nuclear weapon. Paul D. Ryan Claim 2012 11 Oct 2012
They're four years closer toward a nuclear weapons capability. Paul D. Ryan Premise 2012 11 Oct 2012
We've had four different sanctions, the U.N. on Iran, three from the Bush administration, one here. Paul D. Ryan Premise 2012 11 Oct 2012
And the only reason we got it is because Russia watered it down and prevented the -- the sanctions from hitting the central bank. Paul D. Ryan Premise 2012 11 Oct 2012
Mitt Romney proposed these sanctions in 2007. Paul D. Ryan Premise 2012 11 Oct 2012
In Congress, I've been fighting for these sanctions since 2009. Paul D. Ryan Premise 2012 11 Oct 2012
The administration was blocking us every step of the way. Paul D. Ryan Claim 2012 11 Oct 2012
Only because we had strong bipartisan support for these tough sanctions were we able to overrule their objections and put them in spite of the administration. Paul D. Ryan Premise 2012 11 Oct 2012
Imagine what would have happened if we had these sanctions in place earlier. Paul D. Ryan O 2012 11 Oct 2012
You think Iran's not brazen? Paul D. Ryan O 2012 11 Oct 2012
Look at what they're doing. Paul D. Ryan O 2012 11 Oct 2012
They're stepping up their terrorist attacks. Paul D. Ryan Claim 2012 11 Oct 2012
They tried a terrorist attack in the United States last year when they tried to blow up the Saudi ambassador at a restaurant in Washington, D.C. And talk about credibility? Paul D. Ryan Premise 2012 11 Oct 2012
When this administration says that all options are on the table, they send out senior administration officials that send all these mixed signals. Paul D. Ryan Premise 2012 11 Oct 2012
And so, in order to solve this peacefully -- which is everybody's goal -- you have to have the ayatollahs change their minds. Paul D. Ryan Claim 2012 11 Oct 2012
Look at where they are. Paul D. Ryan O 2012 11 Oct 2012
They're moving faster toward a nuclear weapon. Paul D. Ryan Premise 2012 11 Oct 2012
It's because this administration has no credibility on this issue. Paul D. Ryan Claim 2012 11 Oct 2012
It's because this administration watered down sanctions, delayed sanctions, tried to stop us for putting the tough sanctions in place. Paul D. Ryan Claim 2012 11 Oct 2012
Now we have them in place because of Congress. Paul D. Ryan Premise 2012 11 Oct 2012
They say the military option's on the table, but it's not being viewed as credible. Paul D. Ryan Claim 2012 11 Oct 2012
And the key is to do this peacefully, is to make sure that we have credibility. Paul D. Ryan Claim 2012 11 Oct 2012
Under a Romney administration, we will have credibility on this issue. Paul D. Ryan Claim 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
It's incredible. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Look, imagine had we let the Republican Congress work out the sanctions. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You think there's any possibility the entire world would have joined us, Russia and China, all of our allies? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
These are the most crippling sanctions in the history of sanctions, period. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Period. Joseph(Joe) R. Biden O 2012 11 Oct 2012
When Governor Romney's asked about it, he said, "We gotta keep these sanctions." Joseph(Joe) R. Biden O 2012 11 Oct 2012
When he said, "Well, you're talking about doing more," what are you -- you're going to go to war? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Is that what you want to do? Joseph(Joe) R. Biden O 2012 11 Oct 2012
We want to prevent war. Paul D. Ryan Claim 2012 11 Oct 2012
And the interesting thing is, how are they going to prevent war? Joseph(Joe) R. Biden O 2012 11 Oct 2012
How are they going to prevent war if they say there's nothing more that we -- that they say we should do than what we've already done, number one. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And number two, with regard to the ability of the United States to take action militarily, it is -- it is not in my purview to talk about classified information. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But we feel quite confident we could deal a serious blow to the Iranians. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
But number two, the Iranians are -- the Israelis and the United States, our military and intelligence communities are absolutely the same exact place in terms of how close -- how close the Iranians are to getting a nuclear weapon. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They are a good way away. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
There is no difference between our view and theirs. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
When my friend talks about fissile material, they have to take this highly enriched uranium, get it from 20 percent up, then they have to be able to have something to put it in. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
There is no weapon that the Iranians have at this point. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Both the Israelis and we know -- we'll know if they start the process of building a weapon. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
So all this bluster I keep hearing, all this loose talk, what are they talking about? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Are you talking about, to be more credible -- what more can the president do, stand before the United Nations, tell the whole world, directly communicate to the ayatollah, we will not let them acquire a nuclear weapon, period, unless he's talking about going to war. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Martha? Paul D. Ryan O 2012 11 Oct 2012
Let's... Paul D. Ryan O 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
Let's look at this from the view of the ayatollahs. Paul D. Ryan Premise 2012 11 Oct 2012
What do they see? Paul D. Ryan O 2012 11 Oct 2012
They see this administration trying to water down sanctions in Congress for over two years. Paul D. Ryan Premise 2012 11 Oct 2012
They're moving faster toward a nuclear weapon. Paul D. Ryan Premise 2012 11 Oct 2012
They're spinning the centrifuges faster. Paul D. Ryan Premise 2012 11 Oct 2012
They see us saying when we come into the administration, when they're sworn in, we need more space with our ally, Israel. Paul D. Ryan Premise 2012 11 Oct 2012
They see President Obama in New York City the same day Bibi Netanyahu is and he, instead of meeting with him, goes on a -- on a daily talk show. Paul D. Ryan Premise 2012 11 Oct 2012
They see, when we say that these options are on the table, the secretary of defense walked them back. Paul D. Ryan Premise 2012 11 Oct 2012
They are not changing their mind. Paul D. Ryan Premise 2012 11 Oct 2012
That's what we have to do, is change their mind so they stop pursuing nuclear weapons, and they're going faster. Paul D. Ryan Claim 2012 11 Oct 2012
How do you do it so quickly? Martha Raddatz O 2012 11 Oct 2012
Look, you -- you both saw Benjamin Netanyahu hold up that picture of a bomb with a red line and talking about the red line being in spring. Martha Raddatz O 2012 11 Oct 2012
So can you solve this, if the Romney-Ryan ticket is elected, can you solve this in two months before spring and avoid nuclear -- nuclear... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
We can debate a time line. Paul D. Ryan O 2012 11 Oct 2012
We can debate the time line, whether there's -- it's that short a time or longer. Paul D. Ryan O 2012 11 Oct 2012
I agree that it's probably longer. Paul D. Ryan O 2012 11 Oct 2012
Number two, it's all about... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
You don't agree with that bomb and whether the Israelis... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
I don't want to go into classified stuff. Paul D. Ryan Claim 2012 11 Oct 2012
But we both agree that to do this peacefully you've got to get them to change their minds. Paul D. Ryan Claim 2012 11 Oct 2012
They're not changing their minds. Paul D. Ryan Premise 2012 11 Oct 2012
And look at what this administration... Paul D. Ryan O 2012 11 Oct 2012
But what -- what do... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
Let me tell you what the ayatollah sees. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You have to have credibility. Paul D. Ryan Claim 2012 11 Oct 2012
The ayatollah sees his economy being crippled. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The ayatollah sees that there are 50 percent fewer exports of oil. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He sees the currency going into the tank. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He sees the economy going into freefall. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And he sees the world for the first time totally united in opposition to him getting a nuclear weapon. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Now, with regard to Bibi, who's been my friend 39 years, the president has met with Bibi a dozen times. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He's spoken to Bibi Netanyahu as much as he's spoken to anybody. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The idea that we're not -- I was in a, just before he went to the U.N., I was in a conference call with the -- with the president, with him talking to Bibi for well over an hour, in -- in -- in stark relief and detail of what was going on. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is a bunch of stuff. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Look, here's the deal. Joseph(Joe) R. Biden O 2012 11 Oct 2012
What does that mean, a bunch of stuff? Martha Raddatz O 2012 11 Oct 2012
Well, it means it's simply inaccurate. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It's Irish. Paul D. Ryan O 2012 11 Oct 2012
It -- it is. Joseph(Joe) R. Biden O 2012 11 Oct 2012
(LAUGHTER) We Irish call it malarkey. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Thanks for the translation. Martha Raddatz O 2012 11 Oct 2012
OK. (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
We Irish call it malarkey. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But last thing. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The secretary of defense has made it absolutely clear, we didn't walk anything back. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We will not allow the Iranians to get a nuclear weapon. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
What Bibi held up there was when they get to the point where they can enrich uranium enough to put into a weapon. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They don't have a weapon to put it into. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let's all calm down a little bit here. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Iran is more isolated today than when we took office. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It was on the ascendancy when we took office. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It is totally isolated. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
I don't know what world this guy's living in. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Thank heavens we had these sanctions in place. Paul D. Ryan Premise 2012 11 Oct 2012
It's in spite of their opposition. Paul D. Ryan Premise 2012 11 Oct 2012
Oh, god. Joseph(Joe) R. Biden O 2012 11 Oct 2012
They've given 20 waivers to this sanction. Paul D. Ryan Premise 2012 11 Oct 2012
And all I have to point to are the results. Paul D. Ryan Premise 2012 11 Oct 2012
They're four years closer toward a nuclear weapon. Paul D. Ryan Claim 2012 11 Oct 2012
I think that case speaks for itself. Paul D. Ryan Claim 2012 11 Oct 2012
Can you tell the American people... Martha Raddatz O 2012 11 Oct 2012
By the way, they... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
What's worse, another war in the Middle East... Martha Raddatz O 2012 11 Oct 2012
... they are not four years closer to a nuclear weapon. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Of course they are. Paul D. Ryan Claim 2012 11 Oct 2012
They're -- they're closer to being able to get enough fissile material to put in a weapon if they had a weapon. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You are acting a little bit like they don't want one. Martha Raddatz Premise 2012 11 Oct 2012
Oh, I didn't say -- no, I'm not saying that. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But facts matter, Martha. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You're a foreign policy expert. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Facts matter. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
All this loose talk about them, "All they have to do is get to enrich uranium in a certain amount and they have a weapon," not true. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Not true. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They are more -- and if we ever have to take action, unlike when we took office, we will have the world behind us, and that matters. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That matters. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
What about Bob Gates' statement? Martha Raddatz O 2012 11 Oct 2012
Let me read that again, "could prove catastrophic, haunting us for generations." Martha Raddatz O 2012 11 Oct 2012
He is right. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It could prove catastrophic, if we didn't do it with precision. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
And what it does is it undermines our credibility by backing up the point when we make it that all options are on the table. Paul D. Ryan Claim 2012 11 Oct 2012
That's the point. Paul D. Ryan O 2012 11 Oct 2012
The ayatollahs see these kinds of statements and they think, "I'm going to get a nuclear weapon." Paul D. Ryan Claim 2012 11 Oct 2012
When -- when we see the kind of equivocation that took place because this administration wanted a precondition policy, so when the Green Revolution started up, they were silent for nine days. Paul D. Ryan Premise 2012 11 Oct 2012
When they see us putting -- when they see us putting daylight between ourselves and our allies in Israel, that gives them encouragement. Paul D. Ryan Premise 2012 11 Oct 2012
When they see Russia watering down any further sanctions, the only reason we got a U.N. sanction is because Russia watered it down and prevented these central bank sanctions in the first place. Paul D. Ryan Premise 2012 11 Oct 2012
So when they see this kind of activity, they are encouraged to continue, and that's the problem. Paul D. Ryan Claim 2012 11 Oct 2012
Martha, let me tell you what Russia... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Well, let me ask you what's worse, war in the Middle East, another war in the Middle East, or a nuclear-armed Iran? Martha Raddatz O 2012 11 Oct 2012
I'll tell you what's worse. Paul D. Ryan O 2012 11 Oct 2012
I'll tell you what's worse. Paul D. Ryan NaN 2012 11 Oct 2012
Quickly. Martha Raddatz O 2012 11 Oct 2012
A nuclear-armed Iran which triggers a nuclear arms race in the Middle East. Paul D. Ryan Claim 2012 11 Oct 2012
This is the world's largest sponsor of -- of terrorism. Paul D. Ryan Premise 2012 11 Oct 2012
They've dedicated themselves... (CROSSTALK) Paul D. Ryan Premise 2012 11 Oct 2012
... to wiping an entire country off the map. Paul D. Ryan Premise 2012 11 Oct 2012
They call us the Great Satan. Paul D. Ryan Premise 2012 11 Oct 2012
And if they get nuclear weapons, other people in the neighborhood will pursue their nuclear weapons, as well. Paul D. Ryan Premise 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
We can't live with that. Paul D. Ryan Claim 2012 11 Oct 2012
War should always be the absolute last resort. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's why these crippling sanctions, which Bibi Netanyahu says we should continue, which -- if I'm not mistaken -- Governor Romney says we -- we should continue. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I may be mistaken. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He changes his mind so often, I could be wrong. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But the fact of the matter is, he says they're working. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And the fact is that they are being crippled by them. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And we've made it clear, big nations can't bluff. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This president doesn't bluff. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Gentlemen, I want to bring the conversation to a different kind of national security issue, the state of our economy. Martha Raddatz O 2012 11 Oct 2012
The number-one issue here at home is jobs. Martha Raddatz Claim 2012 11 Oct 2012
The percentage of unemployed just fell below 8 percent for the first time in 43 months. Martha Raddatz Premise 2012 11 Oct 2012
The Obama administration had projected that it would fall below 6 percent now after the addition of close to a trillion dollars in stimulus money. Martha Raddatz Premise 2012 11 Oct 2012
So will both of you level with the American people: Can you get unemployment to under 6 percent and how long will it take? Martha Raddatz O 2012 11 Oct 2012
I don't know how long it will take. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We can and we will get it under 6 percent. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let's look at -- let's take a look at the facts. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Let's look at where we were when we came to office. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The economy was in free fall. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We had -- the great recession hit; 9 million people lost their job; $1.7 -- $1.6 trillion in wealth lost in equity in your homes, in retirement accounts for the middle class. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We knew we had to act for the middle class. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We immediately went out and rescued General Motors. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We went ahead and made sure that we cut taxes for the middle class. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And in addition to that, when that -- when that occurred, what did Romney do? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Romney said, "No, let Detroit go bankrupt." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We moved in and helped people refinance their homes. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Governor Romney said, "No, let foreclosures hit the bottom." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
But it shouldn't be surprising for a guy who says 47 percent of the American people are unwilling to take responsibility for their own lives. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
My friend recently in a speech in Washington said "30 percent of the American people are takers." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
These people are my mom and dad -- the people I grew up with, my neighbors. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They pay more effective tax than Governor Romney pays in his federal income tax. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They are elderly people who in fact are living off of Social Security. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They are veterans and people fighting in Afghanistan right now who are, quote, "not paying any tax." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I've had it up to here with this notion that 47 percent -- it's about time they take some responsibility here. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And instead of signing pledges to Grover Norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class we're going to level the playing field; we're going to give you a fair shot again; we are going to not repeat the mistakes we made in the past by having a different set of rules for Wall Street and Main Street, making sure that we continue to hemorrhage these tax cuts for the super wealthy. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They're pushing the continuation of a tax cut that will give an additional $500 billion in tax cuts to 120,000 families. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And they're holding hostage the middle class tax cut because they say we won't pass -- we won't continue the middle class tax cut unless you give the tax cut for the super wealthy. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's about time they take some responsibility. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mr. Ryan? Martha Raddatz O 2012 11 Oct 2012
Joe and I are from similar towns. Paul D. Ryan Premise 2012 11 Oct 2012
He's from Scranton, Pennsylvania. Paul D. Ryan Premise 2012 11 Oct 2012
I'm from Janesville, Wisconsin. Paul D. Ryan Premise 2012 11 Oct 2012
You know what the unemployment rate in Scranton is today? Paul D. Ryan Premise 2012 11 Oct 2012
I sure do. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It's 10 percent. Paul D. Ryan Premise 2012 11 Oct 2012
Yeah. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You know what it was the day you guys came in -- 8.5 percent. Paul D. Ryan Premise 2012 11 Oct 2012
Yeah. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That's how it's going all around America. Paul D. Ryan Claim 2012 11 Oct 2012
Look... Paul D. Ryan O 2012 11 Oct 2012
You don't read the statistics. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's not how it's going. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It's going down. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
(inaudible) two-minute answer (inaudible) Martha Raddatz O 2012 11 Oct 2012
Look, did they come in and inherit a tough situation? Paul D. Ryan O 2012 11 Oct 2012
Absolutely. Paul D. Ryan O 2012 11 Oct 2012
But we're going in the wrong direction. Paul D. Ryan Claim 2012 11 Oct 2012
Look at where we are. Paul D. Ryan Premise 2012 11 Oct 2012
The economy is barely limping along. Paul D. Ryan Claim 2012 11 Oct 2012
It's growing a 1.3 percent. Paul D. Ryan Premise 2012 11 Oct 2012
That's slower than it grew last year and last year was slower than the year before. Paul D. Ryan Premise 2012 11 Oct 2012
Job growth in September was slower than it was in August, and August was slower than it was in July. Paul D. Ryan Premise 2012 11 Oct 2012
We're heading in the wrong direction; 23 million Americans are struggling for work today; 15 percent of Americans are living in poverty today. Paul D. Ryan Premise 2012 11 Oct 2012
This is not what a real recovery looks like. Paul D. Ryan Premise 2012 11 Oct 2012
We need real reforms for real recovery and that's exactly what Mitt Romney and I are proposing. Paul D. Ryan Claim 2012 11 Oct 2012
It's a five-point plan. Paul D. Ryan O 2012 11 Oct 2012
Get America energy independent in North America by the end of the decade. Paul D. Ryan Claim 2012 11 Oct 2012
Help people who are hurting get the skills they need to get the jobs they want. Paul D. Ryan Claim 2012 11 Oct 2012
Get this deficit and debt under control to prevent a debt crisis. Paul D. Ryan Claim 2012 11 Oct 2012
Make trade work for America so we can make more things in America and sell them overseas, and champion small businesses. Paul D. Ryan Claim 2012 11 Oct 2012
Don't raise taxes on small businesses because they're our job creators. Paul D. Ryan Claim 2012 11 Oct 2012
He talks about Detroit. Paul D. Ryan O 2012 11 Oct 2012
Mitt Romney's a car guy. Paul D. Ryan O 2012 11 Oct 2012
They keep misquoting him, but let me tell you about the Mitt Romney I know. Paul D. Ryan Premise 2012 11 Oct 2012
This is a guy who I was talking to a family in Northborough, Massachusetts the other day, Sheryl and Mark Nixon. Paul D. Ryan Premise 2012 11 Oct 2012
Their kids were hit in a car crash, four of them. Paul D. Ryan Premise 2012 11 Oct 2012
Two of them, Rob and Reed, were paralyzed. Paul D. Ryan Premise 2012 11 Oct 2012
The Romneys didn't know them. Paul D. Ryan Premise 2012 11 Oct 2012
They went to the same church; they never met before. Paul D. Ryan Premise 2012 11 Oct 2012
Mitt asked if he could come over on Christmas. Paul D. Ryan Premise 2012 11 Oct 2012
He brought his boys, his wife, and gifts. Paul D. Ryan Premise 2012 11 Oct 2012
Later on, he said, "I know you're struggling, Mark. Paul D. Ryan Premise 2012 11 Oct 2012
Don't worry about their college. Paul D. Ryan Premise 2012 11 Oct 2012
I'll pay for it." Paul D. Ryan Premise 2012 11 Oct 2012
When Mark told me this story, because, you know what, Mitt Romney doesn't tell these stories. Paul D. Ryan Premise 2012 11 Oct 2012
The Nixons told this story. Paul D. Ryan Premise 2012 11 Oct 2012
When he told me this story, he said it wasn't the help, the cash help. Paul D. Ryan Premise 2012 11 Oct 2012
It's that he gave his time, and he has consistently. Paul D. Ryan Premise 2012 11 Oct 2012
This is a man who gave 30 percent of his income to charity, more than the two of us combined. Paul D. Ryan Premise 2012 11 Oct 2012
Mitt Romney's a good man. Paul D. Ryan Claim 2012 11 Oct 2012
He cares about 100 percent of Americans in this country. Paul D. Ryan Claim 2012 11 Oct 2012
And with respect to that quote, I think the vice president very well knows that sometimes the words don't come out of your mouth the right way. Paul D. Ryan O 2012 11 Oct 2012
(LAUGHTER) Paul D. Ryan O 2012 11 Oct 2012
But I always say what I mean. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And so does Romney. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We want everybody to succeed. Paul D. Ryan Claim 2012 11 Oct 2012
We want to get people out of poverty, in the middle class, onto a life of self-sufficiently. Paul D. Ryan Claim 2012 11 Oct 2012
We believe in opportunity and upward mobility. Paul D. Ryan Premise 2012 11 Oct 2012
That's what we're going to push for in a Romney administration. Paul D. Ryan Claim 2012 11 Oct 2012
Vice president? Martha Raddatz O 2012 11 Oct 2012
I have a feeling you have a few things to say here. Martha Raddatz O 2012 11 Oct 2012
The idea -- if you heard that -- that little soliloquy on 47 percent and you think he just made a mistake, then I think you're -- I -- I think -- I got a bridge to sell you. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Look, I don't doubt his personal generosity. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And I understand what it's like. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
When I was a little younger than the congressman, my wife was in an accident, killed my daughter and my wife, and my two sons survived. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I have sat in the homes of many people who've gone through what I get through, because the one thing you can give people solace is to know if they know you've been through it, that they can make it. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
So I don't doubt his personal commitment to individuals. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
But you know what? Joseph(Joe) R. Biden O 2012 11 Oct 2012
I know he had no commitment to the automobile industry. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He just -- he said, let it go bankrupt, period. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Let it drop out. Joseph(Joe) R. Biden O 2012 11 Oct 2012
All this talk -- we saved a million jobs. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Two hundred thousand people are working today. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And I've never met two guys who're more down on America across the board. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We're told everything's going bad. Joseph(Joe) R. Biden O 2012 11 Oct 2012
There are 5.2 million new jobs, private-sector jobs. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We need more, but 5.2 million -- if they'd get out of the way, if they'd get out of the way and let us pass the tax cut for the middle class, make it permanent, if they get out of the way and pass the -- pass the jobs bill, if they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down, but they never missed a mortgage payment, just get out of the way. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Stop talking about how you care about people. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Show me something. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Show me a policy. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Show me a policy where you take responsibility. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And, by the way, they talk about this Great Recession if it fell out of the sky, like, "Oh, my goodness, where did it come from?" Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It came from this man voting to put two wars on a credit card, to at the same time put a prescription drug benefit on the credit card, a trillion-dollar tax cut for the very wealthy. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I was there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I voted against them. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I said, no, we can't afford that. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And now, all of a sudden, these guys are so seized with the concern about the debt that they created. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
Let's not forget that they came in with one-party control. Paul D. Ryan O 2012 11 Oct 2012
When Barack Obama was elected, his party controlled everything. Paul D. Ryan Premise 2012 11 Oct 2012
They had the ability to do everything of their choosing. Paul D. Ryan Premise 2012 11 Oct 2012
And look at where we are right now. Paul D. Ryan Premise 2012 11 Oct 2012
They passed the stimulus. Paul D. Ryan Premise 2012 11 Oct 2012
The idea that we could borrow $831 billion, spend it on all of these special interest groups, and that it would work out just fine, that unemployment would never get to 8 percent -- it went up above 8 percent for 43 months. Paul D. Ryan Premise 2012 11 Oct 2012
They said that, right now, if we just passed this stimulus, the economy would grow at 4 percent. Paul D. Ryan Premise 2012 11 Oct 2012
It's growing at 1.3. Paul D. Ryan Premise 2012 11 Oct 2012
When could you get it below 6 percent? Martha Raddatz O 2012 11 Oct 2012
That's what our entire premise of our pro-growth plan for a stronger middle class is all about: getting the economy growing at 4 percent, creating 12 million jobs over the next four years. Paul D. Ryan O 2012 11 Oct 2012
Look at just the $90 billion in stimulus. Paul D. Ryan Premise 2012 11 Oct 2012
The vice president was in charge of overseeing this. Paul D. Ryan Premise 2012 11 Oct 2012
$90 billion in green pork to campaign contributors and special interest groups. Paul D. Ryan Claim 2012 11 Oct 2012
There are just at the Department of Energy over 100 criminal investigations that have been launched into just how stimulus... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Martha... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Go ahead. Martha Raddatz O 2012 11 Oct 2012
Go ahead. Martha Raddatz NaN 2012 11 Oct 2012
Martha, look. Joseph(Joe) R. Biden O 2012 11 Oct 2012
His colleague... Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Crony capitalism and corporate welfare. Paul D. Ryan O 2012 11 Oct 2012
... runs an investigative committee, spent months and months and months going into this. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is the -- this is the inspector general. Paul D. Ryan O 2012 11 Oct 2012
Months and months. Joseph(Joe) R. Biden O 2012 11 Oct 2012
They found no evidence of cronyism. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And I love my friend here. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I -- I'm not allowed to show letters but go on our website, he sent me two letters saying, "By the way, can you send me some stimulus money for companies here in the state of Wisconsin?" Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We sent millions of dollars. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You know... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
You did ask for stimulus money, correct? Martha Raddatz O 2012 11 Oct 2012
Sure he did. Joseph(Joe) R. Biden O 2012 11 Oct 2012
By the way... Joseph(Joe) R. Biden O 2012 11 Oct 2012
On two occasions we -- we -- we advocated for constituents who were applying for grants. Paul D. Ryan Premise 2012 11 Oct 2012
That's what we do. Paul D. Ryan O 2012 11 Oct 2012
We do that for all constituents who are... Paul D. Ryan O 2012 11 Oct 2012
(CROSSTALK)_BIDEN: I love that. NaN O 2012 11 Oct 2012
I love that. NaN NaN 2012 11 Oct 2012
This was such a bad program and he writes me a letter saying -- writes the Department of Energy a letter saying, "The reason we need this stimulus, it will create growth and jobs." NaN Premise 2012 11 Oct 2012
His words. NaN Premise 2012 11 Oct 2012
And now he's sitting here looking at me. NaN O 2012 11 Oct 2012
And by the way, that program, again, investigated. NaN O 2012 11 Oct 2012
What the Congress said was it was a model. NaN Premise 2012 11 Oct 2012
Less than four-tenths of 1 percent waste or fraud in the program. NaN Claim 2012 11 Oct 2012
And all this talk about cronyism. NaN O 2012 11 Oct 2012
They investigated and investigated, did not find one single piece of evidence. NaN Premise 2012 11 Oct 2012
I wish he would just tell -- be a little more candid. NaN O 2012 11 Oct 2012
Was it a good idea to spend taxpayer dollars on electric cars in Finland, or on windmills in China? Paul D. Ryan O 2012 11 Oct 2012
Look... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Was it a good idea to borrow all this money from countries like China and spend it on all these various different interest groups? Paul D. Ryan O 2012 11 Oct 2012
Let me tell you what was a good idea. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It was a good idea, Moody's and others said that this was exactly what we needed to stop this from going off the cliff. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It set the conditions to be able to grow again. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We have, in fact, 4 percent of those green jobs didn't go under -- went under, didn't work. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's a better batting average than investment bankers have. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They have about a 40 percent... Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Where are the 5 million green jobs that were being... Paul D. Ryan O 2012 11 Oct 2012
I want to move on here to Medicare and entitlements. Martha Raddatz O 2012 11 Oct 2012
I think we've gone over this quite enough. Martha Raddatz O 2012 11 Oct 2012
By the way, any letter you send me, I'll entertain. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I appreciate that, Joe. Paul D. Ryan O 2012 11 Oct 2012
(LAUGHTER) Paul D. Ryan O 2012 11 Oct 2012
Let's talk about Medicare and entitlements. Martha Raddatz O 2012 11 Oct 2012
Both Medicare and Social Security are going broke and taking a larger share of the budget in the process. Martha Raddatz O 2012 11 Oct 2012
Will benefits for Americans under these programs have to change for the programs to survive? Martha Raddatz O 2012 11 Oct 2012
Mr. Ryan? Martha Raddatz O 2012 11 Oct 2012
Absolutely. Paul D. Ryan O 2012 11 Oct 2012
Medicare and Social Security are going bankrupt. Paul D. Ryan Premise 2012 11 Oct 2012
These are indisputable facts. Paul D. Ryan Premise 2012 11 Oct 2012
Look, when I look at these programs, we've all had tragedies in our lives. Paul D. Ryan O 2012 11 Oct 2012
I think about what they've done for my own family. Paul D. Ryan Premise 2012 11 Oct 2012
My mom and I had my grandmother move in with us who was facing Alzheimer's. Paul D. Ryan Premise 2012 11 Oct 2012
Medicare was there for here, just like it's there for my mom right now who is a Florida senior. Paul D. Ryan Premise 2012 11 Oct 2012
After my dad died, my mom and I got Social Security survivors benefits, helped me pay for college, it helped her go back to college in her 50s where she started a small business because of the new skills she got. Paul D. Ryan Premise 2012 11 Oct 2012
She paid all of her taxes on the promise that these programs would be there for her. Paul D. Ryan Premise 2012 11 Oct 2012
We will honor this promise. Paul D. Ryan Claim 2012 11 Oct 2012
And the best way to do it is reform it for my generation. Paul D. Ryan Claim 2012 11 Oct 2012
You see, if you reform these programs for my generation, people 54 and below, you can guarantee they don't change for people in or near retirement, which is precisely what Mitt Romney and I are proposing. Paul D. Ryan Claim 2012 11 Oct 2012
Look what -- look what Obamacare does. Paul D. Ryan O 2012 11 Oct 2012
Obamacare takes $716 billion from Medicare to spend on Obamacare. Paul D. Ryan Claim 2012 11 Oct 2012
Even their own chief actuary at Medicare backs this up. Paul D. Ryan Premise 2012 11 Oct 2012
He says you can't spend the same dollar twice. Paul D. Ryan Premise 2012 11 Oct 2012
You can't claim that this money goes to Medicare and Obamacare. Paul D. Ryan Claim 2012 11 Oct 2012
And then they put this new Obamacare board in charge of cutting Medicare each and every year in ways that will lead to denied care for current seniors. Paul D. Ryan Premise 2012 11 Oct 2012
This board, by the way, it's 15 people, the president's supposed to appoint them next year. Paul D. Ryan Premise 2012 11 Oct 2012
And not one of them even has to have medical training. Paul D. Ryan Premise 2012 11 Oct 2012
And Social Security? Paul D. Ryan O 2012 11 Oct 2012
If we don't shore up Social Security, when we run out of the IOUs, when the program goes bankrupt, a 25 percent across-the-board benefit cut kicks in on current seniors in the middle of their retirement. Paul D. Ryan Claim 2012 11 Oct 2012
We're going to stop that from happening. Paul D. Ryan Claim 2012 11 Oct 2012
They haven't put a credible solution on the table. Paul D. Ryan Claim 2012 11 Oct 2012
He'll tell you about vouchers. Paul D. Ryan Claim 2012 11 Oct 2012
He'll say all these things to try and scare people. Paul D. Ryan Claim 2012 11 Oct 2012
Here's what we're saying: give younger people, when they become Medicare eligible, guaranteed coverage options that you can't be denied, including traditional Medicare. Paul D. Ryan Claim 2012 11 Oct 2012
Choose your plan, and then Medicare subsidizes your premiums, not as much for the wealthy people, more coverage for middle-income people, and total out-of-pocket coverage for the poor and the sick. Paul D. Ryan Claim 2012 11 Oct 2012
Choice and competition. Paul D. Ryan O 2012 11 Oct 2012
We would rather have 50 million future seniors determine how their Medicare is delivered to them instead of 15 bureaucrats deciding what, if, when, where they get it. Paul D. Ryan Claim 2012 11 Oct 2012
Vice President Biden, two minutes. Martha Raddatz O 2012 11 Oct 2012
You know, I heard that death panel argument from Sarah Palin. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It seems every vice presidential debate I hear this kind of stuff about panels. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But let's talk about Medicare. Joseph(Joe) R. Biden O 2012 11 Oct 2012
What we did is, we saved $716 billion and put it back, applied it to Medicare. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We cut the cost of Medicare. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We stopped overpaying insurance companies, doctors and hospitals. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The AMA supported what we did. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
AARP endorsed what we did. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And it extends the life of Medicare to 2024. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They want to wipe this all out. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It also gave more benefits. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Any senior out there, ask yourself: Do you have more benefits today? Joseph(Joe) R. Biden O 2012 11 Oct 2012
You do. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
If you're near the donut hole, you have $800 -- $600 more to help your prescription drug costs. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You get wellness visits without co-pays. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They wipe all of this out, and Medicare goes -- becomes insolvent in 2016, number one. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Number two, "guaranteed benefit"? Joseph(Joe) R. Biden O 2012 11 Oct 2012
It's a voucher. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
When they first proposed -- when the congressman had his first voucher program, the CBO said it would cost $6,400 a year, Martha, more for every senior, 55 and below, when they got there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He knew that, yet he got all the guys in Congress and women in the Republican Party to vote for it. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Governor Romney, knowing that, said, I would sign it, were I there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Who you believe, the AMA, me, a guy who's fought his whole life for this, or somebody who would actually put in motion a plan that knowingly cut -- added $6,400 a year more to the cost of Medicare? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Now they got a new plan: "Trust me, it's not going to cost you any more." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Folks, follow your instincts on this one. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And with regard to Social Security, we will not -- we will not privatize it. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
If we had listened to Romney, Governor Romney, and the congressman during the Bush years, imagine where all those seniors would be now if their money had been in the market. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Their ideas are old and their ideas are bad, and they eliminate the guarantee of Medicare. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Here's the problem. Paul D. Ryan O 2012 11 Oct 2012
They got caught with their hands in the cookie jar, turning Medicare into a piggybank for Obamacare. Paul D. Ryan Claim 2012 11 Oct 2012
Their own actuary from the administration came to Congress and said one out of six hospitals and nursing homes are going to go out of business as a result of this. Paul D. Ryan Premise 2012 11 Oct 2012
That's not what they said. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
7.4 million seniors are projected to lose their current Medicare Advantage coverage they have. Paul D. Ryan Premise 2012 11 Oct 2012
That's a $3,200 benefit cut. Paul D. Ryan Premise 2012 11 Oct 2012
That didn't happen. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
What we're saying... Paul D. Ryan O 2012 11 Oct 2012
More people signed up. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
These are from your own actuaries. Paul D. Ryan Premise 2012 11 Oct 2012
More -- more -- more people signed up for Medicare Advantage after the change. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
What -- there's... Paul D. Ryan O 2012 11 Oct 2012
Nobody is... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mr. Vice President, I know... Paul D. Ryan O 2012 11 Oct 2012
No, this is... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mr. Vice President, I know you're under a lot of duress to make up for lost ground, but I think people would be better served if we don't keep interrupting each other. Paul D. Ryan O 2012 11 Oct 2012
Well, don't take all the four minutes then. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Let me just -- let me just say this. Paul D. Ryan O 2012 11 Oct 2012
We are not -- we're saying don't change benefits for people 55 and above. Paul D. Ryan Claim 2012 11 Oct 2012
They already organized their retirement around these promises. Paul D. Ryan Premise 2012 11 Oct 2012
(CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
... programs for those of us. Paul D. Ryan O 2012 11 Oct 2012
But let -- let me ask you this. Martha Raddatz O 2012 11 Oct 2012
What -- what is your specific plan for seniors who really can't afford to make up the difference in the value of what you call a premium support plan and others call a voucher? Martha Raddatz O 2012 11 Oct 2012
Hundred percent coverage... Paul D. Ryan O 2012 11 Oct 2012
And what... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
That's what we're saying. Paul D. Ryan O 2012 11 Oct 2012
So we're saying... Paul D. Ryan Claim 2012 11 Oct 2012
How do you make that up? Martha Raddatz O 2012 11 Oct 2012
... income adjusts (inaudible) these premium support payments by taking down the subsidies for wealthy people. Paul D. Ryan Claim 2012 11 Oct 2012
Look, this is a plan -- by the way, that $6,400 number, it was misleading then, it's totally inaccurate now. Paul D. Ryan Claim 2012 11 Oct 2012
This is a plan that's bipartisan. Paul D. Ryan Claim 2012 11 Oct 2012
It's a plan I put together with a prominent Democrat senator from Oregon. Paul D. Ryan Premise 2012 11 Oct 2012
There's not one Democrat who endorses it. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It's a plan... Paul D. Ryan O 2012 11 Oct 2012
Not one Democrat who (inaudible). Joseph(Joe) R. Biden O 2012 11 Oct 2012
Our partner is a Democrat from Oregon. Paul D. Ryan Premise 2012 11 Oct 2012
And he said he does no longer support (inaudible). Joseph(Joe) R. Biden O 2012 11 Oct 2012
We -- we -- we put it -- we put it together with the former Clinton budget director. Paul D. Ryan O 2012 11 Oct 2012
Who disavows it. Joseph(Joe) R. Biden O 2012 11 Oct 2012
This idea -- this idea came from the Clinton commission to save Medicare chaired by Senator John Breaux. Paul D. Ryan Premise 2012 11 Oct 2012
Here's the point, Martha. Paul D. Ryan O 2012 11 Oct 2012
Which was rejected. Joseph(Joe) R. Biden O 2012 11 Oct 2012
If we don't -- if we don't fix this problem pretty soon then current seniors get cut. Paul D. Ryan Claim 2012 11 Oct 2012
Here's the problem: 10,000 people are retiring every single day in America today and they will for 20 years. Paul D. Ryan Premise 2012 11 Oct 2012
That's not a political thing, that's a math thing. Paul D. Ryan Premise 2012 11 Oct 2012
Martha, if we just did one thing, if we just -- if they just allowed Medicare to bargain for the cost of drugs like Medicaid can, that would save $156 billion right off the bat. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And it would deny seniors choices. Paul D. Ryan Claim 2012 11 Oct 2012
All -- all -- all... Joseph(Joe) R. Biden O 2012 11 Oct 2012
It has a restricted... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Seniors are not denied. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Absolutely. Paul D. Ryan O 2012 11 Oct 2012
They are not denied. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Look, folks, all you seniors out there, have you been denied choices? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Have you lost Medicare Advantage. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Because it's working well right now. Paul D. Ryan Claim 2012 11 Oct 2012
(CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Because we've changed the law. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Vice President Biden, let me ask you, if it could help solve the problem, why not very slowly raise the Medicare eligibility age by two years, as Congressman Ryan suggests? Martha Raddatz O 2012 11 Oct 2012
Look, I was there when we did that with Social Security in 1983. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I was one of eight people sitting in the room that included Tip O'Neill negotiating with President Reagan. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We all got together and everybody said, as long as everybody's in the deal, everybody's in the deal, and everybody is making some sacrifice, we can find a way. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We made the system solvent to 2033. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We will not, though, be part of any voucher plan eliminating -- the voucher says, "Mom, when you're -- when you're 65, go out there, shop for the best insurance you can get. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You're out of Medicare." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You can buy back in if you want with this voucher, which will not keep pace -- will not keep pace with health care costs. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Because if it did keep pace with health care costs, there would be no savings. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's why they go the voucher. Joseph(Joe) R. Biden O 2012 11 Oct 2012
They -- we will be no part of a voucher program or the privatization of Social Security. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
A voucher is you go to your mailbox, get a check, and buy something. Paul D. Ryan Premise 2012 11 Oct 2012
Nobody's proposing that. Paul D. Ryan Claim 2012 11 Oct 2012
Barack Obama four years ago running for president said if you don't have any fresh ideas, use stale tactics to scare voters. Paul D. Ryan Premise 2012 11 Oct 2012
If you don't have a good record to run on, paint your opponent as someone people should run from. Paul D. Ryan Premise 2012 11 Oct 2012
(CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Make a big election about small ideas. Paul D. Ryan Premise 2012 11 Oct 2012
You were one of the few lawmakers to stand with President Bush when he was seeking to partially privatize Social Security. Martha Raddatz O 2012 11 Oct 2012
For younger people. Paul D. Ryan O 2012 11 Oct 2012
What we said then, and what I've always agreed is let younger Americans have a voluntary choice of making their money work faster for them within the Social Security system. Paul D. Ryan Premise 2012 11 Oct 2012
You saw how well that worked. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That's not what Mitt Romney's proposing. Paul D. Ryan Claim 2012 11 Oct 2012
What we're saying is no changes for anybody 55 and above. Paul D. Ryan Premise 2012 11 Oct 2012
What Mitt Romney is proposing... Joseph(Joe) R. Biden O 2012 11 Oct 2012
And then the kinds of changes we're talking about for younger people like myself is don't increase the benefits for wealthy people as fast as everybody else. Paul D. Ryan Premise 2012 11 Oct 2012
Slowly raise the retirement age over time. Paul D. Ryan Premise 2012 11 Oct 2012
Martha... Joseph(Joe) R. Biden O 2012 11 Oct 2012
It wouldn't get to the age of 70 until the year 2103 according to the actuaries. Paul D. Ryan Premise 2012 11 Oct 2012
Now, here's... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Quickly, Vice President? Martha Raddatz O 2012 11 Oct 2012
Quickly. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The bottom line here is that all the studies show that if we went with Social Security proposal made by Mitt Romney, if you're 40 -- in your 40s now you will pay $2,600 a year -- you get $2,600 a year less in Social Security. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
If you're in your 20s now, you get $4,700 (inaudible) less. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The idea of changing, and change being in this case to cut the benefits for people without taking other action you could do to make it work is absolutely the wrong way. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
These -- look, these guys haven't been big on Medicare from the beginning. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Their party's not been big on Medicare from the beginning. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And they've always been about Social Security as little as you can do. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Look, folks, use your common sense. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Who do you trust on this -- a man who introduced a bill that would raise it 40 -- $6,400 a year; knowing it and passing it, and Romney saying he'd sign it, or me and the president? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That statistic was completely misleading. Paul D. Ryan Claim 2012 11 Oct 2012
But more importantly... Paul D. Ryan O 2012 11 Oct 2012
That's -- there are the facts right... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
This is what politicians do when they don't have a record to run on: try to scare people from voting for you. Paul D. Ryan Claim 2012 11 Oct 2012
If you don't get ahead of this problem, it's going to... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Medicare beneficiaries -- there are more beneficiaries... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
We're going to -- we're going to move... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
... very simple question... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
We're not going to run away. Paul D. Ryan Claim 2012 11 Oct 2012
Medicare and Social Security did so much for my own family. Paul D. Ryan Premise 2012 11 Oct 2012
We are not going to jeopardize this program, but we have to save it... (CROSSTALK) Paul D. Ryan Claim 2012 11 Oct 2012
You are jeopardizing this program. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
You're changing the program from a guaranteed benefit to premium support. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Whatever you call it, the bottom line is people are going to have to pay more money out of their pocket and the families I know and the families I come from, they don't have the money to pay more out... (CROSSTALK) Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's why we're saying more for lower income people and less for higher income people. Paul D. Ryan Premise 2012 11 Oct 2012
Gentlemen, I would like to move on to a very simple question for both of you, and something tells me I won't get a very simple answer, but let me ask you this. Martha Raddatz O 2012 11 Oct 2012
I gave you a simple answer. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He's raising the cost of Medicare. Joseph(Joe) R. Biden O 2012 11 Oct 2012
OK, on to taxes. Martha Raddatz O 2012 11 Oct 2012
If your ticket is elected, who will pay more in taxes? Martha Raddatz O 2012 11 Oct 2012
Who will pay less? Martha Raddatz O 2012 11 Oct 2012
And we're starting with Vice President Biden for two minutes. Martha Raddatz O 2012 11 Oct 2012
The middle class will pay less and people making $1 million or more will begin to contribute slightly more. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let me give you one concrete example. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The continuation of the Bush tax cuts -- we are arguing that the Bush tax cuts for the wealthy should be allowed to expire. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Of the Bush tax cuts for the wealthy, $800 million -- billion of that goes to people making a minimum of $1 million. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We see no justification in these economic times for those, and they're patriotic Americans. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They're not asking for this continued tax cut. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They're not suggesting it, but my friends are insisting on it; 120,000 families by continuing that tax cut will get an additional $500 billion in tax relief in the next 10 years and their income is an average of $8 million. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We want to extend permanently the middle-class tax cut for -- permanently, from the Bush middle-class tax cut. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
These guys won't allow us to. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
You know what they're saying? Joseph(Joe) R. Biden O 2012 11 Oct 2012
We say "let's have a vote -- let's have a vote on the middle-class tax cut and let's have a vote on the upper (ph) tax cut; let's go ahead and vote on it." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They're saying no. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They're holding hostage the middle class tax cut to the super wealthy. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And on top of that, they've got another tax cut coming that's $5 trillion that all of the studies point out will in fact give another $250 million -- yeah, $250,000 a year to those 120,000 families and raise taxes for people who are middle income with a child by $2,000 a year. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is unconscionable. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
There is no need for this. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
The middle class got knocked on their heels. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The great recession crushed them. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They need some help now. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
The last people who need help are 120,000 families for another -- another $500 billion tax cut over the next 10 years. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Congressman? Martha Raddatz O 2012 11 Oct 2012
Our entire premise of these tax reform plans is to grow the economy and create jobs. Paul D. Ryan Claim 2012 11 Oct 2012
It's a plan that's estimated to create 7 million jobs. Paul D. Ryan Premise 2012 11 Oct 2012
Now, we think that government taking 28 percent of a family and business's income is enough. Paul D. Ryan Claim 2012 11 Oct 2012
President Obama thinks that the government ought to be able to take as much as 44.8 percent of a small business's income. Paul D. Ryan Claim 2012 11 Oct 2012
Look, if you taxed every person and successful business making over $250,000 at 100 percent, it would only run the government for 98 days. Paul D. Ryan Premise 2012 11 Oct 2012
If everybody who paid income taxes last year, including successful small businesses, doubled their income taxes this year, we'd still have a $300 billion deficit. Paul D. Ryan Premise 2012 11 Oct 2012
You see? Paul D. Ryan O 2012 11 Oct 2012
There aren't enough rich people and small businesses to tax to pay for all their spending. Paul D. Ryan Claim 2012 11 Oct 2012
And so the next time you hear them say, "Don't worry about it, we'll get a few wealthy people to pay their fair share," watch out, middle class, the tax bill's coming to you. Paul D. Ryan Claim 2012 11 Oct 2012
That's why we're saying we need fundamental tax reform. Paul D. Ryan O 2012 11 Oct 2012
Let's take a look at it this way. Paul D. Ryan O 2012 11 Oct 2012
Eight out of 10 businesses, they file their taxes as individuals, not as corporations. Paul D. Ryan Premise 2012 11 Oct 2012
And where I come from, overseas, which is Lake Superior, the Canadians, they dropped their tax rates to 15 percent. Paul D. Ryan Premise 2012 11 Oct 2012
The average tax rate on businesses in the industrialized world is 25 percent, and the president wants the top effective tax rate on successful small businesses to go above 40 percent. Paul D. Ryan Premise 2012 11 Oct 2012
Two-thirds of our jobs come from small businesses. Paul D. Ryan Premise 2012 11 Oct 2012
This one tax would actually tax about 53 percent of small-business income. Paul D. Ryan Premise 2012 11 Oct 2012
It's expected to cost us 710,000 jobs. Paul D. Ryan Claim 2012 11 Oct 2012
And you know what? Paul D. Ryan O 2012 11 Oct 2012
It doesn't even pay for 10 percent of their proposed deficit spending increases. Paul D. Ryan Claim 2012 11 Oct 2012
What we are saying is, lower tax rates across the board and close loopholes, primarily to the higher-income people. Paul D. Ryan Claim 2012 11 Oct 2012
We have three bottom lines: Don't raise the deficit, don't raise taxes on the middle class, and don't lower the share of income that is borne by the high-income earners. Paul D. Ryan Claim 2012 11 Oct 2012
He'll keep saying this $5 trillion plan, I suppose. Paul D. Ryan Claim 2012 11 Oct 2012
It's been discredited by six other studies. Paul D. Ryan Premise 2012 11 Oct 2012
And even their own deputy campaign manager acknowledged that it wasn't correct. Paul D. Ryan Premise 2012 11 Oct 2012
Well, let's talk about this 20 percent. Martha Raddatz O 2012 11 Oct 2012
You have refused -- and, again -- to offer specifics on how you pay for that 20 percent across-the-board tax cut. Martha Raddatz O 2012 11 Oct 2012
Do you actually have the specifics? Martha Raddatz O 2012 11 Oct 2012
Or are you still working on it, and that's why you won't tell voters? Martha Raddatz O 2012 11 Oct 2012
Different than this administration, we actually want to have big bipartisan agreements. Paul D. Ryan O 2012 11 Oct 2012
You see, I understand the... Paul D. Ryan O 2012 11 Oct 2012
Do you have the specifics? Martha Raddatz O 2012 11 Oct 2012
Do you have the... Martha Raddatz O 2012 11 Oct 2012
(CROSSTALK)_BIDEN: That would -- that would be a first for the Republican Congress. NaN O 2012 11 Oct 2012
Do you know exactly what you're doing? Martha Raddatz O 2012 11 Oct 2012
Look -- look at what Mitt Romney -- look at what Ronald Reagan and Tip O'Neill did. Paul D. Ryan O 2012 11 Oct 2012
They worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. Paul D. Ryan Premise 2012 11 Oct 2012
What we're saying is, here's our framework. Paul D. Ryan O 2012 11 Oct 2012
Lower tax rates 20 percent. Paul D. Ryan Claim 2012 11 Oct 2012
We raised about $1.2 trillion through income taxes. Paul D. Ryan Premise 2012 11 Oct 2012
We forego about $1.1 trillion in loopholes and deductions. Paul D. Ryan Premise 2012 11 Oct 2012
And so what we're saying is, deny those loopholes and deductions to higher-income taxpayers so that more of their income is taxed, which has a broader base of taxation... Paul D. Ryan Claim 2012 11 Oct 2012
Can I translate? Joseph(Joe) R. Biden O 2012 11 Oct 2012
... so we can lower tax rates across the board. Paul D. Ryan Claim 2012 11 Oct 2012
Now, here's why I'm saying this. Paul D. Ryan O 2012 11 Oct 2012
What we're saying is, here's the framework... Paul D. Ryan O 2012 11 Oct 2012
I hope I'm going to get time to respond to this. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You'll get time. Martha Raddatz O 2012 11 Oct 2012
We want to work with Congress -- we want to work with the Congress on how best to achieve this. Paul D. Ryan Claim 2012 11 Oct 2012
That means successful. Paul D. Ryan O 2012 11 Oct 2012
Look... Paul D. Ryan O 2012 11 Oct 2012
No specifics, again. Martha Raddatz O 2012 11 Oct 2012
Mitt -- what we're saying is, lower tax rates 20 percent, start with the wealthy, work with Congress to do it... Paul D. Ryan Claim 2012 11 Oct 2012
And you guarantee this math will add up? Martha Raddatz O 2012 11 Oct 2012
Absolutely. Paul D. Ryan O 2012 11 Oct 2012
Six studies have guaranteed -- six studies have verified that this math adds up. Paul D. Ryan Premise 2012 11 Oct 2012
But here's... Paul D. Ryan O 2012 11 Oct 2012
Vice President Biden... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
Look... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
.. let me translate. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Let me have a chance to translate. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I'll come back in a second, then, right? Paul D. Ryan O 2012 11 Oct 2012
First of all, I was there when Ronald Reagan tax breaks -- he gave specifics of what he was going to cut, number one, in terms of tax expenditures. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Number two, 97 percent of the small businesses in America pay less -- make less than $250,000. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Let me tell you who some of those other small businesses are: hedge funds that make $600 million, $800 million a year. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's -- that's what they count as small businesses, because they're pass- through. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let's look at how sincere they are. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Ronald -- I mean, excuse me, Governor Romney on "60 Minutes" -- I guess it was about 10 days ago -- was asked, "Governor, you pay 14 percent on $20 million. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Someone making $50,000 pays more than that. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Do you think that's fair?" Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He said, "Oh, yes, that's fair. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's fair." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
This is -- and they're going to talk -- you think these guys are going to go out there and cut those loopholes? Joseph(Joe) R. Biden O 2012 11 Oct 2012
The loophole -- the biggest loophole they take advantage of is the carried interest loophole and -- and capital gains loophole. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They exempt that. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Now, there's not enough -- the reason why the AEI study, the American Enterprise Institute study, the Tax Policy Center study, the reason they all say it's going -- taxes go up on the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people, cut the health care deduction, middle-class people, take away their ability to get a tax break to send their kids to college. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's why they arrive at it. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Is he wrong about that? Martha Raddatz O 2012 11 Oct 2012
He is wrong about that. Paul D. Ryan Claim 2012 11 Oct 2012
They're... Paul D. Ryan O 2012 11 Oct 2012
How's that? Joseph(Joe) R. Biden O 2012 11 Oct 2012
You can -- you can cut tax rates by 20 percent and still preserve these important preferences for middle-class taxpayers... Paul D. Ryan Claim 2012 11 Oct 2012
Not mathematically possible. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It is mathematically possible. Paul D. Ryan Claim 2012 11 Oct 2012
It's been done before. Paul D. Ryan Claim 2012 11 Oct 2012
It's precisely what we're proposing. Paul D. Ryan Claim 2012 11 Oct 2012
It has never been done before. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It's been done a couple of times, actually. Paul D. Ryan Claim 2012 11 Oct 2012
It has never been done before. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Jack Kennedy lowered tax rates, increased growth. Paul D. Ryan Premise 2012 11 Oct 2012
Ronald Reagan... Paul D. Ryan O 2012 11 Oct 2012
Oh, now you're Jack Kennedy? Joseph(Joe) R. Biden O 2012 11 Oct 2012
(LAUGHTER) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Ronald Reagan -- Republicans and Democrats... Paul D. Ryan Premise 2012 11 Oct 2012
This is amazing. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Republican and Democrats have worked together on this. Paul D. Ryan Premise 2012 11 Oct 2012
That's right. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You know, I understand you guys aren't used to doing bipartisan deals... Paul D. Ryan O 2012 11 Oct 2012
But we told each other what we're going to do. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Republicans and Democrats... Paul D. Ryan O 2012 11 Oct 2012
When we did it Reagan, we said, here -- here are the things we're going to cut. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
(CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
That's what we said. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We said here's the framework, let's work together to fill in the details. Paul D. Ryan Premise 2012 11 Oct 2012
That's exactly... Paul D. Ryan O 2012 11 Oct 2012
Fill in the detail. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That's how you get things done. Paul D. Ryan Claim 2012 11 Oct 2012
You work with Congress -- look, let me say it this way. Paul D. Ryan O 2012 11 Oct 2012
(CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
That's coming from a Republican Congress working bipartisanly, 7 percent rating? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Come on. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mitt Romney was governor of Massachusetts, where 87 percent of the legislators he served, which were Democrats. Paul D. Ryan Premise 2012 11 Oct 2012
He didn't demonize them. Paul D. Ryan Premise 2012 11 Oct 2012
He didn't demagogue them. Paul D. Ryan Premise 2012 11 Oct 2012
He met with those party leaders every week. Paul D. Ryan Premise 2012 11 Oct 2012
He reached across the aisle. Paul D. Ryan Premise 2012 11 Oct 2012
He didn't compromise principles. Paul D. Ryan Premise 2012 11 Oct 2012
And you saw what happened. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He found common ground -- and he balanced the budget... Paul D. Ryan Premise 2012 11 Oct 2012
You saw -- if he did such a great job... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mr. Vice President... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
... four times without raising taxes... Paul D. Ryan Premise 2012 11 Oct 2012
Why isn't he even contesting Massachusetts? Joseph(Joe) R. Biden O 2012 11 Oct 2012
(CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Mr. Vice President, what would you suggest -- what would you suggest beyond raising taxes on the wealthy, that would substantially reduce the long-term deficit? Martha Raddatz O 2012 11 Oct 2012
Just let the taxes expire like they're supposed to on those millionaires. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We don't -- we can't afford $800 billion going to people making a minimum of $1 million. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They do not need it, Martha. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Those 120,000 families make $8 million a year. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Middle-class people need the help. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Why does my friend cut out the tuition tax credit for them? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Why does he go after the childcare... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Can you declare anything off-limits? Martha Raddatz O 2012 11 Oct 2012
Why do they do that? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Can you declare anything off-limits? Martha Raddatz O 2012 11 Oct 2012
Yeah, we're saying close loopholes... Paul D. Ryan O 2012 11 Oct 2012
Home mortgage deduction? Martha Raddatz O 2012 11 Oct 2012
... on high-interest people. Paul D. Ryan O 2012 11 Oct 2012
Home mortgage deduction? Martha Raddatz O 2012 11 Oct 2012
For higher-income people. Paul D. Ryan O 2012 11 Oct 2012
Here... Paul D. Ryan O 2012 11 Oct 2012
Can you guarantee that no one making less than $100,000 will have a mortgage -- their mortgage deduction impacted? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Guarantee? Joseph(Joe) R. Biden O 2012 11 Oct 2012
This taxes a million small businesses. Paul D. Ryan Premise 2012 11 Oct 2012
He keeps trying to make you think that it's just some movie star or hedge fund guy or an actor... Paul D. Ryan Claim 2012 11 Oct 2012
Ninety-seven percent of the small businesses make less than $250,000 a year, would not be affected. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Joe, you know it hits a million -- this taxes a million people, a million small businesses. Paul D. Ryan O 2012 11 Oct 2012
Does it tax 97 percent of the American businesses? Joseph(Joe) R. Biden O 2012 11 Oct 2012
It taxes a million small businesses... Paul D. Ryan Premise 2012 11 Oct 2012
Small businesses? Joseph(Joe) R. Biden O 2012 11 Oct 2012
... who are our greatest job creators. Paul D. Ryan Premise 2012 11 Oct 2012
I wish I'd get -- the "greatest job creators" are the hedge fund guys. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And you're -- and you're going to increase the defense budget. Martha Raddatz O 2012 11 Oct 2012
Think about it this way. Paul D. Ryan O 2012 11 Oct 2012
And you're going to increase the defense budget. Martha Raddatz O 2012 11 Oct 2012
No, we're not just going to cut the defense budget like they're -- they're proposing... Paul D. Ryan Claim 2012 11 Oct 2012
They're going to increase it $2 billion. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's not... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
We're talking about... Paul D. Ryan O 2012 11 Oct 2012
So no massive defense increases? Martha Raddatz O 2012 11 Oct 2012
No, we're saying don't -- OK, you want to get into defense now? Paul D. Ryan O 2012 11 Oct 2012
Yes, I do. Martha Raddatz O 2012 11 Oct 2012
I do, because that's another math question. Martha Raddatz O 2012 11 Oct 2012
So -- right, OK. Paul D. Ryan O 2012 11 Oct 2012
How do you do that? Martha Raddatz O 2012 11 Oct 2012
So they proposed a $478 billion cut to defense to begin with. Paul D. Ryan O 2012 11 Oct 2012
Now we have another $500 billion cut to defense that's lurking on the horizon. Paul D. Ryan O 2012 11 Oct 2012
They insisted upon that cut being involved in the debt negotiations, and so we have a $1 trillion cut... Paul D. Ryan O 2012 11 Oct 2012
Let's put the automatic defense cuts aside, OK? Martha Raddatz O 2012 11 Oct 2012
Right, OK. Paul D. Ryan O 2012 11 Oct 2012
Let's put those aside. Martha Raddatz O 2012 11 Oct 2012
No one wants that. Martha Raddatz O 2012 11 Oct 2012
I'd like to go back to that. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But I want to know how you do the math and have this increase in defense spending? Martha Raddatz O 2012 11 Oct 2012
Two trillion dollars. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You don't cut defense by a trillion dollars. Paul D. Ryan Claim 2012 11 Oct 2012
That's what we're talking about. Paul D. Ryan O 2012 11 Oct 2012
And what -- what national security issues justify an increase? Martha Raddatz O 2012 11 Oct 2012
Who's cutting it by $1 trillion? Joseph(Joe) R. Biden O 2012 11 Oct 2012
We're going to cut 80,000 soldiers, 20,000 Marines, 120 cargo planes. Paul D. Ryan Premise 2012 11 Oct 2012
We're going to push the Joint Strike Fighter out... Paul D. Ryan Premise 2012 11 Oct 2012
Drawing down in one war and one war... Martha Raddatz O 2012 11 Oct 2012
If these cuts go through, our Navy will be the smallest -- the smallest it has been since before World War I. Paul D. Ryan Premise 2012 11 Oct 2012
This invites weakness. Paul D. Ryan Claim 2012 11 Oct 2012
Look, do we believe in peace through strength? Paul D. Ryan Claim 2012 11 Oct 2012
You bet we do. Paul D. Ryan Claim 2012 11 Oct 2012
And that means you don't impose these devastating cuts on our military. Paul D. Ryan Claim 2012 11 Oct 2012
So we're saying don't cut the military by a trillion dollars. Paul D. Ryan Claim 2012 11 Oct 2012
Not increase it by a trillion, don't cut it by a trillion dollars. Paul D. Ryan Claim 2012 11 Oct 2012
Quickly, Vice President Biden on this. Martha Raddatz O 2012 11 Oct 2012
I want to move on. Martha Raddatz O 2012 11 Oct 2012
Look, we don't cut it. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And I might add, this so-called -- I know we don't want to use the fancy word "sequester," this automatic cut -- that was part of a debt deal that they asked for. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And let me tell you what my friend said at a press conference announcing his support of the deal. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He said, and I'm paraphrase, We've been looking for this moment for a long time. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Can I tell you what that meant? Paul D. Ryan O 2012 11 Oct 2012
(CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
We've been looking for bipartisanship for a long time. Paul D. Ryan Claim 2012 11 Oct 2012
And so the bipartisanship is what he voted for, the automatic cuts in defense if they didn't act. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And beyond that, they asked for another -- look, the military says we need a smaller, leaner Army, we need more special forces, we need -- we don't need more M1 tanks, what we need is more UAVs. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Some of the military. Martha Raddatz O 2012 11 Oct 2012
(CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
Not some of the military. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That was the decision of the Joint Chiefs of Staff, recommended to us and agreed to by the president. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That is a fact. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Who answers to a civilian leader. Martha Raddatz Premise 2012 11 Oct 2012
They made the recommendation first. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
OK. Let's move on to Afghanistan. Martha Raddatz O 2012 11 Oct 2012
Can I get into that for a second? Paul D. Ryan O 2012 11 Oct 2012
I'd like to move on to Afghanistan please. Martha Raddatz O 2012 11 Oct 2012
And that's one of the biggest expenditures this country has made, in dollars, and more importantly in lives. Martha Raddatz Claim 2012 11 Oct 2012
We just passed the sad milestone of losing 2,000 U.S. troops there in this war. Martha Raddatz Premise 2012 11 Oct 2012
More than 50 of them were killed this year by the very Afghan forces we are trying to help. Martha Raddatz Premise 2012 11 Oct 2012
Now, we've reached the recruiting goal for Afghan forces, we've degraded Al Qaida. Martha Raddatz O 2012 11 Oct 2012
So tell me, why not leave now? Martha Raddatz O 2012 11 Oct 2012
What more can we really accomplish? Martha Raddatz O 2012 11 Oct 2012
Is it worth more American lives? Martha Raddatz O 2012 11 Oct 2012
We don't want to lose the gains we've gotten. Paul D. Ryan Claim 2012 11 Oct 2012
We want to make sure that the Taliban does not come back in and give Al Qaida a safe haven. Paul D. Ryan Claim 2012 11 Oct 2012
We agree with the administration on their 2014 transition. Paul D. Ryan Premise 2012 11 Oct 2012
Look, when I think about Afghanistan, I think about the incredible job that our troops have done. Paul D. Ryan Claim 2012 11 Oct 2012
You've been there more than the two of us combined. Paul D. Ryan O 2012 11 Oct 2012
First time I was there in 2002, it was amazing to me what they were facing. Paul D. Ryan Premise 2012 11 Oct 2012
When I went to the Ahgandah (ph) Valley in Kandahar before the surge, I sat down with a young private in the 82nd from the Monamanee (ph) Indian reservation who would tell me what he did every day, and I was in awe. Paul D. Ryan Premise 2012 11 Oct 2012
And to see what they had in front of them. Paul D. Ryan Premise 2012 11 Oct 2012
And then to go back there in December, to go throughout Helmand with the Marines, to see what they had accomplished, it's nothing short of amazing. Paul D. Ryan Premise 2012 11 Oct 2012
What we don't want to do is lose the gains we've gotten. Paul D. Ryan Claim 2012 11 Oct 2012
Now, we've disagreed from time to time on a few issues. Paul D. Ryan Claim 2012 11 Oct 2012
We would have more likely taken into accounts the recommendations from our commanders, General Petraeus, Admiral Mullen, on troop levels throughout this year's fighting season. Paul D. Ryan Premise 2012 11 Oct 2012
We've been skeptical about negotiations with the Taliban, especially while they're shooting at us. Paul D. Ryan Premise 2012 11 Oct 2012
But we want to see the 2014 transition be successful, and that means we want to make sure our commanders have what they need to make sure that it is successful so that this does not once again become a launching pad for terrorists. Paul D. Ryan Claim 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
Martha, let's keep our eye on the ball. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The reason -- I've been in and out of Afghanistan and Iraq 20 times. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I've been up in the Konar (ph) Valley. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I've been throughout that whole country, mostly in a helicopter, and sometimes in a vehicle. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The fact is, we went there for one reason: to get those people who killed Americans, Al Qaida. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We've decimated Al Qaida central. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We have eliminated Osama bin Laden. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That was our purpose. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And, in fact, in the meantime, what we said we would do, we would help train the Afghan military. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's their responsibility to take over their own security. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's why with 49 of our allies in Afghanistan, we've agreed on a gradual drawdown so we're out of there by the year 20 -- in the year 2014. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
My friend and the governor say it's based on conditions, which means it depends. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It does not depend for us. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It is the responsibility of the Afghans to take care of their own security. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We have trained over 315,000, mostly without incident. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
There have been more than two dozen cases of green-on-blue where Americans have been killed. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
If we do not -- if the measures the military has taken do not take hold, we will not go on joint patrols. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We will not train in the field. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We'll only train in the -- in the Army bases that exist there. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
But we are leaving. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We are leaving in 2014. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Period. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And in the process, we're going to be saving over the next 10 years another $800 billion. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We've been in this war for over a decade. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The primary objective is almost completed. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Now, all we're doing is putting the Kabul government in a position to be able to maintain their own security. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's their responsibility, not America's. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
What -- what conditions could justify staying, Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
We don't want to stay. Paul D. Ryan Claim 2012 11 Oct 2012
We want -- look, one of my best friends in Janesville, a reservist, is at a forward-operating base in eastern Afghanistan right now. Paul D. Ryan Premise 2012 11 Oct 2012
Our wives are best friends. Paul D. Ryan Premise 2012 11 Oct 2012
Our daughters are best friends. Paul D. Ryan Premise 2012 11 Oct 2012
I want -- I want him and all of our troops to come home as soon and safely as possible. Paul D. Ryan Claim 2012 11 Oct 2012
We want to make sure that 2014 is successful. Paul D. Ryan Claim 2012 11 Oct 2012
That's why we want to make sure that we give our commanders what they say they need to make it successful. Paul D. Ryan Claim 2012 11 Oct 2012
We don't want to extend beyond 2014. Paul D. Ryan Claim 2012 11 Oct 2012
That's the point we're making. Paul D. Ryan O 2012 11 Oct 2012
You know, if it was just this, I'd feel like we would -- we would be able to call this a success, but it's not. Paul D. Ryan Premise 2012 11 Oct 2012
What we are witnessing as we turn on our television screens these days is the absolute unraveling of the Obama foreign policy. Paul D. Ryan Claim 2012 11 Oct 2012
Problems are growing at home, but -- problems are growing abroad, but jobs aren't growing here at home. Paul D. Ryan Premise 2012 11 Oct 2012
Let me go back to this. Martha Raddatz O 2012 11 Oct 2012
He says we're absolutely leaving in 2014. Martha Raddatz O 2012 11 Oct 2012
You're saying that's not an absolute, but you won't talk about what conditions would justify... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
Do you know why we say that? Paul D. Ryan O 2012 11 Oct 2012
I'd like to know... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Because we don't want to broadcast to our enemies "put a date on your calendar, wait us out, and then come back." Paul D. Ryan Claim 2012 11 Oct 2012
We want to make sure... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
But you agree with the timeline. Martha Raddatz O 2012 11 Oct 2012
We do agree -- we do agree with the timeline and the transition, but what we -- what any administration will do in 2013 is assess the situation to see how best to complete this timeline. Paul D. Ryan O 2012 11 Oct 2012
What we do not want to do... Paul D. Ryan O 2012 11 Oct 2012
We will leave in 2014. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
... what we don't want to do is give our allies reason to trust us less and our enemies more -- we don't want to embolden our enemies to hold and wait out for us and then take over... (CROSSTALK) Paul D. Ryan Premise 2012 11 Oct 2012
Martha, that's a bizarre statement. Joseph(Joe) R. Biden O 2012 11 Oct 2012
That's why we want to make sure -- no, that's why we want to make sure that... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Forty-nine of our allies -- hear me -- 49 of our allies signed on to this position. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And we're reading that they want to... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Forty-nine -- 49 of our allies said "out in 2014." Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's the responsibility of the Afghans. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We have other responsibilities... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
Do you really think that this timeline... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
Which is -- which is... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
We have -- we have soldiers and Marines. Martha Raddatz O 2012 11 Oct 2012
We have Afghan forces murdering our forces over there. Martha Raddatz O 2012 11 Oct 2012
The Taliban is, do you think, taking advantage of this timeline? Martha Raddatz O 2012 11 Oct 2012
Look, the Taliban -- what we've found out, and we -- you saw it in Iraq, Martha, unless you set a timeline, Baghdad, in the case of Iraq, and -- and Kabul, in the case of Afghanistan will not step up. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They're happy to let us continue to do the job; international security forces to do the job. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The only way they step up is to say, "Fellas, we're leaving; we've trained you; step up, step up." Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let me go back. Martha Raddatz O 2012 11 Oct 2012
That's the only way it works. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let me go back to the -- the surge troops that we put in there. Martha Raddatz O 2012 11 Oct 2012
And -- and you brought this up, Congressman Ryan. Martha Raddatz O 2012 11 Oct 2012
I have talked to a lot of troops. Martha Raddatz O 2012 11 Oct 2012
I've talked to senior offices who were concerned that the surge troops were pulled out during the fighting season, and some of them saw that as a political -- as a political move. Martha Raddatz O 2012 11 Oct 2012
So can you tell me, Vice President Biden, what was the military reason for bringing those surge troops home... Martha Raddatz O 2012 11 Oct 2012
The military reason... Joseph(Joe) R. Biden O 2012 11 Oct 2012
... before the fighting had ended? Martha Raddatz O 2012 11 Oct 2012
... was bringing -- by the way, when the president announced the surge, you'll remember, Martha, he said the surge will be out by the end of the summer. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The military said the surge will be out. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Nothing political about this. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Before the surge occurred -- so you be a little straight with me here, too -- before the surge occurred, we said they'll be out by the end of the summer. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's what the military said. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The reason for that is... Joseph(Joe) R. Biden O 2012 11 Oct 2012
The military follows orders. Martha Raddatz Premise 2012 11 Oct 2012
I mean, there -- trust me. Martha Raddatz O 2012 11 Oct 2012
There are people who were concerned about pulling out on the fighting season. Martha Raddatz Premise 2012 11 Oct 2012
Sure. Joseph(Joe) R. Biden O 2012 11 Oct 2012
There are people that are concerned, but not the Joint Chiefs. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That was their recommendation in the Oval Office to the president of the United States of America. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I sat there. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I'm sure you'll find someone who disagrees with the Pentagon. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I'm positive you'll find that within the military. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
But that's not the case here. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And, secondly, the reason why the military said that is, you cannot wait and have a cliff. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It takes -- you know -- months and months and months to draw down forces. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Let me... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Let me try and illustrate the issue here, because I think this -- it can get a little confusing. Paul D. Ryan O 2012 11 Oct 2012
We've all met with General Allen and General Scaparrotti in Afghanistan to talk about fighting seasons. Paul D. Ryan Premise 2012 11 Oct 2012
Here's the way it works. Paul D. Ryan Premise 2012 11 Oct 2012
The mountain passes fill in with snow. Paul D. Ryan Premise 2012 11 Oct 2012
The Taliban and the terrorists and the Haqqani and the Quetta Shura come over from Pakistan to fight our men and women. Paul D. Ryan Premise 2012 11 Oct 2012
When it fills in with snow, they can't do it. Paul D. Ryan Premise 2012 11 Oct 2012
That's what we call fighting seasons. Paul D. Ryan Premise 2012 11 Oct 2012
In the warm months, fighting gets really high. Paul D. Ryan Premise 2012 11 Oct 2012
In the winter, it goes down. Paul D. Ryan Premise 2012 11 Oct 2012
And so when Admiral Mullen and General Petraeus came to Congress and said, if you pull these people out before the fighting season is end, it puts people more at risk. Paul D. Ryan Premise 2012 11 Oct 2012
That's the problem. Paul D. Ryan Premise 2012 11 Oct 2012
Yes, we drew 22,000 troops down last month, but the remaining troops that are there, who still have the same mission to prosecute counterinsurgency, are doing it with fewer people. Paul D. Ryan Premise 2012 11 Oct 2012
That makes them less safe. Paul D. Ryan Claim 2012 11 Oct 2012
Fighting season... Joseph(Joe) R. Biden O 2012 11 Oct 2012
We're sending fewer people out in all of these hotspots to do the same job that they were supposed to do a month ago. Paul D. Ryan Premise 2012 11 Oct 2012
Because we turned it over... Joseph(Joe) R. Biden O 2012 11 Oct 2012
But we took 22,000 people out... Paul D. Ryan Premise 2012 11 Oct 2012
... we turned it over to the Afghan troops we trained. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
No one got pulled out that didn't get filled in by trained Afghan personnel. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And he's -- he's conflating two issues. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The fighting season that Petraeus was talking about and former -- and Admiral Mullen was the fighting season this spring. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's what he was talking about. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We did not -- we did not pull them out. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The calendar works the same every year. Paul D. Ryan O 2012 11 Oct 2012
It does work the same every year. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But we're not staying there... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Spring, summer, fall. Paul D. Ryan O 2012 11 Oct 2012
It's warm, or it's not. Paul D. Ryan O 2012 11 Oct 2012
They're still fighting us. Paul D. Ryan Claim 2012 11 Oct 2012
They're still coming over the passes. Paul D. Ryan Premise 2012 11 Oct 2012
They're still coming into Zabul, to Kunar, to all of these areas, but we are sending fewer people to the front to fight them. Paul D. Ryan Premise 2012 11 Oct 2012
And that's... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
That's right, because that's the Afghan responsibility. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We've trained them. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Not in the east. Paul D. Ryan O 2012 11 Oct 2012
Let's move -- let's move to another war. Martha Raddatz O 2012 11 Oct 2012
Not in the east? Joseph(Joe) R. Biden O 2012 11 Oct 2012
R.C. Paul D. Ryan O 2012 11 Oct 2012
East -- R.C. Paul D. Ryan O 2012 11 Oct 2012
East... Paul D. Ryan O 2012 11 Oct 2012
R.C. Joseph(Joe) R. Biden O 2012 11 Oct 2012
East is the most dangerous place in the world. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's right. Paul D. Ryan O 2012 11 Oct 2012
That's why we don't want to send fewer people to the... Paul D. Ryan O 2012 11 Oct 2012
That's -- that's why we should send Americans in to do the job, instead of the -- you'd rather Americans be going in doing the job instead of the trainees? Joseph(Joe) R. Biden O 2012 11 Oct 2012
No. Paul D. Ryan O 2012 11 Oct 2012
We are already sending Americans to do the job, but fewer of them. Paul D. Ryan Claim 2012 11 Oct 2012
That's the whole problem. Paul D. Ryan O 2012 11 Oct 2012
That's right. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We're sending in more Afghans to do the job, Afghans to do the job. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Let's move to another war, the civil war in Syria, where there are estimates that more -- estimates that more than 25,000, 30,000 people have now been killed. Martha Raddatz O 2012 11 Oct 2012
In March of last year, President Obama explained the military action taken in Libya by saying it was in the national interest to go in and prevent further massacres from occurring there. Martha Raddatz O 2012 11 Oct 2012
So why doesn't the same logic apply in Syria? Martha Raddatz O 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
Different country. Joseph(Joe) R. Biden O 2012 11 Oct 2012
It's a different country. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It is five times as large geographically, it has one-fifth the population, that is Libya, one-fifth the population, five times as large geographically. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's in a part of the world where they're not going to see whatever would come from that war. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It seep into a regional war. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
You're in a country that is heavily populated in the midst of the most dangerous area in the world. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And, in fact, if in fact it blows up and the wrong people gain control, it's going to have impact on the entire region causing potentially regional wars. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We are working hand and glove with the Turks, with the Jordanians, with the Saudis, and with all the people in the region attempting to identify the people who deserve the help so that when Assad goes -- and he will go -- there will be a legitimate government that follows on, not an Al Qaida-sponsored government that follows on. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And all this loose talk of my friend, Governor Romney, and the congressman, about how we're going to do, we could do so much more in there, what more would they do other than put American boots on the ground? Joseph(Joe) R. Biden O 2012 11 Oct 2012
The last thing America needs is to get in another ground war in the Middle East, requiring tens of thousands, if not well over 100,000 American forces. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That -- they are the facts. Joseph(Joe) R. Biden O 2012 11 Oct 2012
They are the facts. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Now, every time the governor is asked about this, he doesn't say anything. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He -- he goes up with a whole lot of verbiage, but when he gets pressed he says, no, he would not do anything different than we are doing now. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Are they proposing putting American troops on the ground? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Putting American aircraft in the airspace? Joseph(Joe) R. Biden O 2012 11 Oct 2012
Is that what they're proposing? Joseph(Joe) R. Biden O 2012 11 Oct 2012
If they do, they should speak up and say so, but that's not what they're saying. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We are doing it exactly like we need to do to identify those forces who, in fact, will provide for a stable government and not cause a regional Sunni-Shia war when Bassad (sic) -- when Bashar Assad falls. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
Nobody is proposing to send troops to Syria. Paul D. Ryan Claim 2012 11 Oct 2012
American troops. Paul D. Ryan Claim 2012 11 Oct 2012
Now, let me say it this way. Paul D. Ryan O 2012 11 Oct 2012
How would we do things differently? Paul D. Ryan O 2012 11 Oct 2012
We wouldn't refer to Bashar Assad as a reformer when he's killing his own civilians with his Russian-provided weapons. Paul D. Ryan Claim 2012 11 Oct 2012
We wouldn't be outsourcing our foreign policy to the United Nations giving Vladimir Putin veto power over our efforts to try and deal with this issue. Paul D. Ryan Claim 2012 11 Oct 2012
He's vetoed three of them. Paul D. Ryan Premise 2012 11 Oct 2012
Hillary Clinton went to Russia to try and convince them not to do so. Paul D. Ryan Premise 2012 11 Oct 2012
They thwarted her efforts. Paul D. Ryan Premise 2012 11 Oct 2012
She said they were on the wrong side of history. Paul D. Ryan Premise 2012 11 Oct 2012
She was right about that. Paul D. Ryan Claim 2012 11 Oct 2012
This is just one more example of how the Russia reset's not working. Paul D. Ryan Premise 2012 11 Oct 2012
And so where are we? Paul D. Ryan O 2012 11 Oct 2012
After international pressure mounted, the President Obama said Bashar Assad should go. Paul D. Ryan Premise 2012 11 Oct 2012
It's been over a year. Paul D. Ryan Premise 2012 11 Oct 2012
The man has slaughtered tens of thousands of his own people. Paul D. Ryan Premise 2012 11 Oct 2012
And more foreign fighters are spilling into this country. Paul D. Ryan Premise 2012 11 Oct 2012
So the longer this has gone on, the more people, groups like Al Qaida are going in. Paul D. Ryan Premise 2012 11 Oct 2012
We could have more easily identified the free Syrian army, the freedom fighters, working with our allies, the Turks, the Qataris, the Saudis, had we had a better plan in place to begin with working through our allies. Paul D. Ryan Claim 2012 11 Oct 2012
But, no, we waited for Kofi Annan to try and come up with an agreement through the U.N. That bought Bashar Assad time. Paul D. Ryan Premise 2012 11 Oct 2012
We gave Russia veto power over our efforts through the U.N. And meanwhile about 30,000 Syrians are dead. Paul D. Ryan Claim 2012 11 Oct 2012
What would my friend do differently? Joseph(Joe) R. Biden O 2012 11 Oct 2012
If you notice, he never answers the question. Joseph(Joe) R. Biden O 2012 11 Oct 2012
No, I would -- I -- we would not be going through the U.N. in all of these things. Paul D. Ryan Claim 2012 11 Oct 2012
Let me -- you don't go through the U.N. We are in the process now -- and have been for months -- in making sure that help, humanitarian aid, as well as other aid and training is getting to those forces that we believe, the Turks believe, the Jordanians believe, the Saudis believe are the free forces inside of Syria. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That is underway. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Our allies were all on the same page, NATO, as well as our Arab allies, in terms of trying to get a settlement. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That was their idea. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We're the ones that said, "Enough." Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
With regard to the reset not working, the fact of the matter is that Russia has a different interest in Syria than we do, and that's not in our interest. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
What happens if Assad does not fall, Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
What happens to the region? Martha Raddatz O 2012 11 Oct 2012
What happens if he hangs on? Martha Raddatz O 2012 11 Oct 2012
What happens if he does? Martha Raddatz O 2012 11 Oct 2012
Then Iran keeps their greatest ally in the region. Paul D. Ryan Premise 2012 11 Oct 2012
He's a sponsor of terrorism. Paul D. Ryan Premise 2012 11 Oct 2012
He'll probably continue slaughtering his people. Paul D. Ryan Claim 2012 11 Oct 2012
We and the world community will lose our credibility on this. Paul D. Ryan Claim 2012 11 Oct 2012
Look, he mentioned the reset... Paul D. Ryan O 2012 11 Oct 2012
So what would Romney-Ryan do about that credibility? Martha Raddatz O 2012 11 Oct 2012
Well, we agree with the same red line, actually, they do on chemical weapons, but not putting American troops in, other than to secure those chemical weapons. Paul D. Ryan Premise 2012 11 Oct 2012
They're right about that. Paul D. Ryan Claim 2012 11 Oct 2012
But what we should have done earlier is work with those freedom fighters, those dissidents in Syria. Paul D. Ryan Claim 2012 11 Oct 2012
We should not have called Bashar Assad a reformer. Paul D. Ryan Claim 2012 11 Oct 2012
And... Paul D. Ryan O 2012 11 Oct 2012
What's your criteria... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
... we should not have -- we should not have waited to Russia... Paul D. Ryan O 2012 11 Oct 2012
What's your criteria... (CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
... should not have waited for Russia to give us the green light at the U.N. to do something about it. Paul D. Ryan Claim 2012 11 Oct 2012
Russia... Joseph(Joe) R. Biden O 2012 11 Oct 2012
They're -- they're still arming the man. Paul D. Ryan Premise 2012 11 Oct 2012
Iran is flying flights over Iraq... Paul D. Ryan Premise 2012 11 Oct 2012
And the opposition is being armed. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
... to help Bashar Assad. Paul D. Ryan O 2012 11 Oct 2012
And, by the way, if we had the status-of-forces agreement that the vice president said he would bet his vice presidency on in Iraq, we probably would have been able to prevent that. Paul D. Ryan Claim 2012 11 Oct 2012
But he failed to achieve that, as well, again. Paul D. Ryan O 2012 11 Oct 2012
Let me ask you a quick question. Martha Raddatz O 2012 11 Oct 2012
I don't... Joseph(Joe) R. Biden O 2012 11 Oct 2012
What's your criteria for intervention? Martha Raddatz O 2012 11 Oct 2012
Yeah. Joseph(Joe) R. Biden O 2012 11 Oct 2012
In Syria? Paul D. Ryan O 2012 11 Oct 2012
Worldwide. Martha Raddatz O 2012 11 Oct 2012
What is in the national interests of the American people. Paul D. Ryan Claim 2012 11 Oct 2012
How about humanitarian interests? Martha Raddatz O 2012 11 Oct 2012
What is in the national security of the American people. Paul D. Ryan Claim 2012 11 Oct 2012
It's got to be in the strategic national interests of our country. Paul D. Ryan Claim 2012 11 Oct 2012
No humanitarian? Martha Raddatz O 2012 11 Oct 2012
Each situation will -- will come up with its own set of circumstances, but putting American troops on the ground? Paul D. Ryan Premise 2012 11 Oct 2012
That's got to be within the national security interests of the American people. Paul D. Ryan Claim 2012 11 Oct 2012
I want to -- we're -- we're almost out of time here. Martha Raddatz O 2012 11 Oct 2012
That means like embargoes and sanctions and overflights, those are things that don't put American troops on the ground. Paul D. Ryan Claim 2012 11 Oct 2012
But if you're talking about putting American troops on the ground, only in our national security interests. Paul D. Ryan Claim 2012 11 Oct 2012
I want to move on, and I want to return home for these last few questions. Martha Raddatz O 2012 11 Oct 2012
This debate is, indeed, historic. Martha Raddatz Claim 2012 11 Oct 2012
We have two Catholic candidates, first time, on a stage such as this. Martha Raddatz Premise 2012 11 Oct 2012
And I would like to ask you both to tell me what role your religion has played in your own personal views on abortion. Martha Raddatz O 2012 11 Oct 2012
Please talk about how you came to that decision. Martha Raddatz O 2012 11 Oct 2012
Talk about how your religion played a part in that. Martha Raddatz O 2012 11 Oct 2012
And, please, this is such an emotional issue for so many people in this country... Martha Raddatz O 2012 11 Oct 2012
Sure. Paul D. Ryan O 2012 11 Oct 2012
... please talk personally about this, if you could. Martha Raddatz O 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
I don't see how a person can separate their public life from their private life or from their faith. Paul D. Ryan Claim 2012 11 Oct 2012
Our faith informs us in everything we do. Paul D. Ryan Premise 2012 11 Oct 2012
My faith informs me about how to take care of the vulnerable, of how to make sure that people have a chance in life. Paul D. Ryan Premise 2012 11 Oct 2012
Now, you want to ask basically why I'm pro-life? Paul D. Ryan O 2012 11 Oct 2012
It's not simply because of my Catholic faith. Paul D. Ryan Claim 2012 11 Oct 2012
That's a factor, of course. Paul D. Ryan Premise 2012 11 Oct 2012
But it's also because of reason and science. Paul D. Ryan Claim 2012 11 Oct 2012
You know, I think about 10 1/2 years ago, my wife Janna and I went to Mercy Hospital in Janesville where I was born, for our seven week ultrasound for our firstborn child, and we saw that heartbeat. Paul D. Ryan Premise 2012 11 Oct 2012
A little baby was in the shape of a bean. Paul D. Ryan Premise 2012 11 Oct 2012
And to this day, we have nicknamed our firstborn child Liza, "Bean." Paul D. Ryan Premise 2012 11 Oct 2012
Now I believe that life begins at conception. Paul D. Ryan Claim 2012 11 Oct 2012
That's why -- those are the reasons why I'm pro-life. Paul D. Ryan Premise 2012 11 Oct 2012
Now I understand this is a difficult issue, and I respect people who don't agree with me on this, but the policy of a Romney administration will be to oppose abortions with the exceptions for rape, incest and life of the mother. Paul D. Ryan Claim 2012 11 Oct 2012
What troubles me more is how this administration has handled all of these issues. Paul D. Ryan Premise 2012 11 Oct 2012
Look at what they're doing through Obamacare with respect to assaulting the religious liberties of this country. Paul D. Ryan Premise 2012 11 Oct 2012
They're infringing upon our first freedom, the freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals. Paul D. Ryan Claim 2012 11 Oct 2012
Our church should not have to sue our federal government to maintain their religious liberties. Paul D. Ryan Claim 2012 11 Oct 2012
And with respect to abortion, the Democratic Party used to say they wanted it to be safe, legal and rare. Paul D. Ryan Premise 2012 11 Oct 2012
Now they support it without restriction and with taxpayer funding. Paul D. Ryan Claim 2012 11 Oct 2012
Taxpayer funding in Obamacare, taxpayer funding with foreign aid. Paul D. Ryan Premise 2012 11 Oct 2012
The vice president himself went to China and said that he sympathized and wouldn't second guess their one child policy of forced abortions and sterilizations. Paul D. Ryan Premise 2012 11 Oct 2012
That to me is pretty extreme. Paul D. Ryan Claim 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
My religion defines who I am, and I've been a practicing Catholic my whole life. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And has particularly informed my social doctrine. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
The Catholic social doctrine talks about taking care of those who -- who can't take care of themselves, people who need help. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
With regard to -- with regard to abortion, I accept my church's position on abortion as a -- what we call a (inaudible) doctrine. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Life begins at conception in the church's judgment. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I accept it in my personal life. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
But I refuse to impose it on equally devout Christians and Muslims and Jews, and I just refuse to impose that on others, unlike my friend here, the -- the congressman. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I -- I do not believe that we have a right to tell other people that -- women they can't control their body. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It's a decision between them and their doctor. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
In my view and the Supreme Court, I'm not going to interfere with that. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
With regard to the assault on the Catholic church, let me make it absolutely clear, no religious institution, Catholic or otherwise, including Catholic Social Services, Georgetown Hospital, Mercy Hospital, any hospital, none has to either refer contraception, none has to pay for contraception, none has to be a vehicle to get contraception in any insurance policy they provide. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That is a fact. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That is a fact. Joseph(Joe) R. Biden NaN 2012 11 Oct 2012
Now with regard to the way in which the -- we differ, my friend says that he -- well I guess he accepts Governor Romney's position now, because in the past he has argued that there was -- there's rape and forcible rape. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He's argued that in the case of rape or incest, it was still -- it would be a crime to engage in having an abortion. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I just fundamentally disagree with my friend. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Congressman Ryan. Martha Raddatz O 2012 11 Oct 2012
All I'm saying is, if you believe that life begins at conception, that, therefore, doesn't change the definition of life. Paul D. Ryan Premise 2012 11 Oct 2012
That's a principle. Paul D. Ryan Premise 2012 11 Oct 2012
The policy of a Romney administration is to oppose abortion with exceptions for rape, incest and life of the mother. Paul D. Ryan Claim 2012 11 Oct 2012
Now, I've got to take issue with the Catholic church and religious liberty. Paul D. Ryan O 2012 11 Oct 2012
You have on the issue... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
... why would they keep -- why would they keep suing you? Paul D. Ryan O 2012 11 Oct 2012
It's a distinction without a difference. Paul D. Ryan O 2012 11 Oct 2012
I want to go back to the abortion question here. Martha Raddatz O 2012 11 Oct 2012
If the Romney-Ryan ticket is elected, should those who believe that abortion should remain legal be worried? Martha Raddatz O 2012 11 Oct 2012
We don't think that unelected judges should make this decision; that people through their elected representatives in reaching a consensus in society through the democratic process should make this determination. Paul D. Ryan Claim 2012 11 Oct 2012
The court -- the next president will get one or two Supreme Court nominees. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's how close Roe v. Wade is. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Just ask yourself, with Robert Bork being the chief adviser on the court for -- for Mr. Romney, who do you think he's likely to appoint? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Do you think he's likely to appoint someone like Scalia or someone else on the court far right that would outlaw (inaudible) -- outlaw abortion? Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I suspect that would happen. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I guarantee you, that will not happen. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We picked two people. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
We pick people who are open-minded. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They've been good justices. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
So keep an eye on the Supreme Court... Joseph(Joe) R. Biden O 2012 11 Oct 2012
Was there a litmus test on them? Paul D. Ryan O 2012 11 Oct 2012
There was no litmus test. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We picked people who had an open mind; did not come with an agenda. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
I'm -- I'm going to move on to this closing question because we are running out of time. Martha Raddatz O 2012 11 Oct 2012
Certainly (inaudible) and you've said it here tonight, that the two of you respect our troops enormously. Martha Raddatz O 2012 11 Oct 2012
Your son has served and perhaps someday your children will serve as well. Martha Raddatz O 2012 11 Oct 2012
I recently spoke to a highly decorated soldier who said that this presidential campaign has left him dismayed. Martha Raddatz O 2012 11 Oct 2012
He told me, quote, "the ads are so negative and they are all tearing down each other rather than building up the country." Martha Raddatz O 2012 11 Oct 2012
What would you say to that American hero about this campaign? Martha Raddatz O 2012 11 Oct 2012
And at the end of the day, are you ever embarrassed by the tone? Martha Raddatz O 2012 11 Oct 2012
Vice President Biden? Martha Raddatz O 2012 11 Oct 2012
I would say to him the same thing I say to my son who did serve a year in Iraq, that we only have one truly sacred obligation as a government. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
That's to equip those we send into harm's way and care for those who come home. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
That's the only sacred obligation we have. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Everything else falls behind that. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I would also tell him that the fact that he, this decorated soldier you talked about, fought for his country, that that should be honored. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
He should not be thrown into a category of a 47 percent who don't pay their taxes while he was out there fighting and not having to pay taxes, and somehow not taking responsibility. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I would also tell him that there are things that have occurred in this campaign and occur in every campaign that I'm sure both of us regret anyone having said, particularly in these -- these special new groups that can go out there, raise all the money they want, not have to identify themselves, who say the most scurrilous things about the other candidate. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's -- it's an abomination. Joseph(Joe) R. Biden O 2012 11 Oct 2012
But the bottom line here is I'd ask that hero you referenced to take a look at whether or not Governor Romney or President Obama has the conviction to help lift up the middle class, restore them to where they were before this great recession hit and they got wiped out. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Or whether or not he's going to continue to focus on taking care of only the very wealthy, not asking them to make -- pay any part of the deal to bring -- bring back the middle class and the economy of this country. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
I'd ask him to take a look at whether the president of the United States has acted wisely in the use of force and whether or not the slipshod comments being made by my -- my -- or by Governor Romney serve -- serve our interests very well. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
But there are things that have been said in campaigns that I -- I find not very appealing. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
First of all, I'd thank him to his service to our country. Paul D. Ryan Claim 2012 11 Oct 2012
Second of all, I'd say we are not going to impose these devastating cuts on our military which compromises their mission and their safety. Paul D. Ryan Claim 2012 11 Oct 2012
And then I would say, you have a president who ran for president four years ago promising hope and change, who has now turned his campaign into attack, blame and defame. Paul D. Ryan Claim 2012 11 Oct 2012
You see, if you don't have a good record to run on, then you paint your opponent as someone to run from. Paul D. Ryan Premise 2012 11 Oct 2012
That was what President Obama said in 2008. Paul D. Ryan Premise 2012 11 Oct 2012
It's what he's doing right now. Paul D. Ryan Claim 2012 11 Oct 2012
Look at all the string of broken promises. Paul D. Ryan Claim 2012 11 Oct 2012
If you like your health care plan, you can keep it. Paul D. Ryan Premise 2012 11 Oct 2012
Try telling that to the 20 million people who are projected to lose their health insurance if Obamacare goes through or the 7-point million -- 7.4 million seniors who are going to lose it. Paul D. Ryan Premise 2012 11 Oct 2012
Or remember when he said this: I guarantee if you make less than $250,000, your taxes won't go up. Paul D. Ryan Premise 2012 11 Oct 2012
Of the 21 tax increases in Obamacare, 12 of them hit the middle class. Paul D. Ryan Premise 2012 11 Oct 2012
Or remember when he said health insurance premiums will go down $2,500 per family, per year? Paul D. Ryan Premise 2012 11 Oct 2012
They've gone up $3,000, and they're expected to go up another $2,400. Paul D. Ryan Premise 2012 11 Oct 2012
Or remember when he said, "I promise by the end of my first term I'll cut the deficit in half in four years"? Paul D. Ryan Premise 2012 11 Oct 2012
We've had four budgets, four trillion-dollar deficits. Paul D. Ryan Premise 2012 11 Oct 2012
A debt crisis is coming. Paul D. Ryan Premise 2012 11 Oct 2012
We can't keep spending and borrowing like this. Paul D. Ryan Claim 2012 11 Oct 2012
We can't keep spending money we don't have. Paul D. Ryan Claim 2012 11 Oct 2012
Leaders run to problem to fix problems. Paul D. Ryan O 2012 11 Oct 2012
President Obama has not even put a credible plan on the table in any of his four years to deal with this debt crisis. Paul D. Ryan Premise 2012 11 Oct 2012
I passed two budgets to deal with this. Paul D. Ryan Premise 2012 11 Oct 2012
Mitt Romney's put ideas on the table. Paul D. Ryan Premise 2012 11 Oct 2012
We've got to tackle this debt crisis before it tackles us. Paul D. Ryan Premise 2012 11 Oct 2012
The president likes to say he has a plan. Paul D. Ryan Premise 2012 11 Oct 2012
He gave a speech. Paul D. Ryan Premise 2012 11 Oct 2012
We asked his budget office, "Can we see the plan?" Paul D. Ryan Premise 2012 11 Oct 2012
They sent us to the press secretary. Paul D. Ryan Premise 2012 11 Oct 2012
He gave us a copy of the speech. Paul D. Ryan Premise 2012 11 Oct 2012
We asked the Congressional Budget Office, "Tell us what President Obama's plan is to prevent a debt crisis." Paul D. Ryan Premise 2012 11 Oct 2012
They said, "It's a speech, we can't estimate speeches." Paul D. Ryan Premise 2012 11 Oct 2012
You see, that's what we get in this administration -- speeches -- but we're not getting leadership. Paul D. Ryan Claim 2012 11 Oct 2012
Mitt Romney is uniquely qualified to fix these problems. Paul D. Ryan Claim 2012 11 Oct 2012
His lifetime of experience, his proven track record of bipartisanship. Paul D. Ryan Premise 2012 11 Oct 2012
And what do we have from the president? Paul D. Ryan O 2012 11 Oct 2012
He broke his big promise to bring people together to solve the country's biggest problems. Paul D. Ryan Claim 2012 11 Oct 2012
And what I would tell him is we don't have to settle for this. Paul D. Ryan Claim 2012 11 Oct 2012
Martha? Joseph(Joe) R. Biden O 2012 11 Oct 2012
We can do better than this. Paul D. Ryan Claim 2012 11 Oct 2012
I hope I'll get equal time. Joseph(Joe) R. Biden O 2012 11 Oct 2012
You will get just a few minutes here. Martha Raddatz O 2012 11 Oct 2012
A few seconds, really. Martha Raddatz O 2012 11 Oct 2012
The two budgets the congressman introduced have eviscerated all the things that the middle class cares about. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It is (inaudible) he will knock 19 million people off of Medicare. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It will kick 200,000 children off of early education. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It will eliminate the tax credit people have to be able to send their children to college. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It cuts education by $450 billion. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It does -- it does virtually nothing except continue to increase the tax cuts for the very wealthy. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And, you know, we've had enough of this. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The idea that he's so concerned about these deficits, I've pointed out he voted to put two wars on a credit card. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He did... Joseph(Joe) R. Biden O 2012 11 Oct 2012
We're going to -- we're going to the closing statements in a minute. Martha Raddatz O 2012 11 Oct 2012
(CROSSTALK) Martha Raddatz O 2012 11 Oct 2012
You're going to have your closing statement. Martha Raddatz O 2012 11 Oct 2012
Not raising taxes is not cutting taxes. Paul D. Ryan O 2012 11 Oct 2012
And by the way, our budget... Paul D. Ryan O 2012 11 Oct 2012
We have not raised... (CROSSTALK) Joseph(Joe) R. Biden O 2012 11 Oct 2012
... by 3 percent a year instead of 4.5 percent like they propose. Paul D. Ryan O 2012 11 Oct 2012
Not spending more money as much as they say is not a spending cut. Paul D. Ryan O 2012 11 Oct 2012
Let me -- let me calm down things here just for a minute. Martha Raddatz O 2012 11 Oct 2012
And I want to talk to you very briefly before we go to closing statements about your own personal character. Martha Raddatz O 2012 11 Oct 2012
If you are elected, what could you both give to this country as a man, as a human being, that no one else could? Martha Raddatz O 2012 11 Oct 2012
Honesty, no one else could? Paul D. Ryan O 2012 11 Oct 2012
There are plenty of fine people who could lead this country. Paul D. Ryan Premise 2012 11 Oct 2012
But what you need are people who, when they say they're going to do something, they go do it. Paul D. Ryan Claim 2012 11 Oct 2012
What you need are, when people see problems, they offer solutions to fix those problems. Paul D. Ryan Claim 2012 11 Oct 2012
We're not getting that. Paul D. Ryan Claim 2012 11 Oct 2012
Look, we can grow this economy faster. Paul D. Ryan Claim 2012 11 Oct 2012
That's what our five- point plan for a stronger middle class is all about. Paul D. Ryan Premise 2012 11 Oct 2012
It's about getting 12 million jobs, higher take-home pay, getting people out of poverty into the middle class. Paul D. Ryan Claim 2012 11 Oct 2012
That means going with proven, pro- growth policies that we know works to get people back to work. Paul D. Ryan Claim 2012 11 Oct 2012
Putting ideas on the table, working with Democrats -- that actually works sometimes -- and then... (CROSSTALK) Paul D. Ryan O 2012 11 Oct 2012
Vice President, can we get to that -- to that issue of what you could bring as a man, a human being? Martha Raddatz O 2012 11 Oct 2012
And I really -- I'm going to keep you to about 15 seconds here. Martha Raddatz O 2012 11 Oct 2012
Well, he gets 40, I get 15, that's OK. Joseph(Joe) R. Biden O 2012 11 Oct 2012
He didn't have 40. Martha Raddatz Claim 2012 11 Oct 2012
He didn't have 40. Martha Raddatz NaN 2012 11 Oct 2012
That's all right. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Let me tell you. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I -- my -- my record stands for itself. Joseph(Joe) R. Biden O 2012 11 Oct 2012
I never say anything I don't mean. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Everybody knows, whatever I say, I do. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And my whole life has been devoted to leveling the playing field for middle-class people, giving them an even break, treating Main Street and Wall Street the same, hold them to the same responsibility. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Look at my record. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
It's been all about the middle class. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
They're the people who grow this country. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
We think you grow this country from the middle out, not from the top down. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
OK, we now turn to the candidates for their closing statements. Martha Raddatz O 2012 11 Oct 2012
Thank you, gentlemen. Martha Raddatz O 2012 11 Oct 2012
And that coin toss, again, has Vice President Biden starting with the closing statement. Martha Raddatz O 2012 11 Oct 2012
Well, let -- let me say at the outset that I want to thank you, Martha, for doing this, and Centre College. Joseph(Joe) R. Biden O 2012 11 Oct 2012
The fact is that we're in a situation where we inherited a god-awful circumstance. Joseph(Joe) R. Biden O 2012 11 Oct 2012
People are in real trouble. Joseph(Joe) R. Biden O 2012 11 Oct 2012
We acted to move to bring relief to the people who need the most help now. Joseph(Joe) R. Biden O 2012 11 Oct 2012
And -- and in the process, we -- in case you haven't noticed, we have strong disagreements, but I -- you probably detected my frustration with their attitude about the American people. Joseph(Joe) R. Biden O 2012 11 Oct 2012
My friend says that 30 percent of the American people are takers. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Romney points out 47 percent of the people won't take responsibility. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He's talking about my mother and father. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
He's talking about the places I grew up in, my neighbors in Scranton and Claymont, and he's talking about -- he's talking about the people that have built this country. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
All they're looking for, Martha, all they're looking for is an even shot. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Whenever you give them the shot, they've done it. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
They've done it. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
Whenever you've leveled the playing field, they've been able to move. Joseph(Joe) R. Biden Premise 2012 11 Oct 2012
And they want a little bit of peace of mind. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
And the president and I are not going to rest until that playing field is leveled, they, in fact, have a clear shot, and they have peace of mind, until they can turn to their kid and say with a degree of confidence, "Honey, it's going to be OK. Joseph(Joe) R. Biden Claim 2012 11 Oct 2012
It's going to be OK." That's what this is all about. Joseph(Joe) R. Biden O 2012 11 Oct 2012
Congressman Ryan? Martha Raddatz O 2012 11 Oct 2012
I want to thank you, as well, Martha, Danville, Kentucky, Centre College, and I want to thank you, Joe. Paul D. Ryan O 2012 11 Oct 2012
It's been an honor to engage in this critical debate. Paul D. Ryan O 2012 11 Oct 2012
We face a very big choice. Paul D. Ryan O 2012 11 Oct 2012
What kind of country are we going to be? Paul D. Ryan O 2012 11 Oct 2012
What kind of country are we going to give our kids? Paul D. Ryan O 2012 11 Oct 2012
President Obama, he had his chance. Paul D. Ryan Premise 2012 11 Oct 2012
He made his choices. Paul D. Ryan Premise 2012 11 Oct 2012
His economic agenda, more spending, more borrowing, higher taxes, a government takeover of health care. Paul D. Ryan Claim 2012 11 Oct 2012
It's not working. Paul D. Ryan Claim 2012 11 Oct 2012
It's failed to create the jobs we need. Paul D. Ryan Claim 2012 11 Oct 2012
Twenty-three million Americans are struggling for work today. Paul D. Ryan Premise 2012 11 Oct 2012
Fifteen percent of Americans are in poverty. Paul D. Ryan Premise 2012 11 Oct 2012
This is not what a real recovery looks like. Paul D. Ryan Premise 2012 11 Oct 2012
You deserve better. Paul D. Ryan O 2012 11 Oct 2012
Mitt Romney and I want to earn your support. Paul D. Ryan O 2012 11 Oct 2012
We're offering real reforms for a real recovery for every American. Paul D. Ryan Claim 2012 11 Oct 2012
Mitt Romney -- his experience, his ideas, his solutions -- is uniquely qualified to get this job done. Paul D. Ryan Claim 2012 11 Oct 2012
At a time when we have a jobs crisis in America, wouldn't it be nice to have a job-creator in the White House? Paul D. Ryan O 2012 11 Oct 2012
The choice is clear: a stagnant economy that promotes more government dependency or a dynamic, growing economy that promotes opportunity and jobs. Paul D. Ryan O 2012 11 Oct 2012
Mitt Romney and I will not duck the tough issues, and we will not blame others for the next four years. Paul D. Ryan Claim 2012 11 Oct 2012
We will take responsibility. Paul D. Ryan Claim 2012 11 Oct 2012
And we will not try to replace our founding principles. Paul D. Ryan Claim 2012 11 Oct 2012
We will reapply our founding principles. Paul D. Ryan Claim 2012 11 Oct 2012
The choice is clear, and the choice rests with you. Paul D. Ryan O 2012 11 Oct 2012
And we ask you for your vote. Paul D. Ryan O 2012 11 Oct 2012
Thank you. Paul D. Ryan O 2012 11 Oct 2012
And thank you both again. Martha Raddatz O 2012 11 Oct 2012
Thank you very much. Martha Raddatz O 2012 11 Oct 2012
Thank you. Joseph(Joe) R. Biden O 2012 11 Oct 2012