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1st Obama-Romney debate

October 4, 2012
By Ben Zimmer (New York, NY)Visual Thesaurus ContributorVisual Thesaurus Moderator
Some words from the first presidential debate between Obama and Romney at the University of Denver, Oct. 3, 2012.

Transcript: http://www.foxnews.com/politics/2012/10/03/transcript-first-presidential-debate/
top-down
Are we going to double-down on the top-down economic policies that helped to get us into this mess?
preexisting
But, number one, preexisting conditions are covered under my plan.
voucher
And the essence of the plan is that you would turn Medicare into a voucher program.
health care provider
I used to consult to businesses -- excuse me, to hospitals and to health care providers.
businessperson
As a businessperson, I had to have -- I need to know the regulations.
trend line
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
hand over fist
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.
loophole
But I also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas.
running mate
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.
spending cut
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.
balanced budget
Number four, get us to a balanced budget.
deficit
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?
tax cut
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 spe
sales pitch
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 finan
blank check
But I wouldn't designate five banks as too big to fail and give them a blank check.
AARP
AARP thinks that the -- the savings that we obtained from Medicare bolster the system, lengthen the Medicare trust fund by eight years.
Medicare
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 frau
reelect
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.
food stamp
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.
tax break
I want to provide tax breaks for companies that are investing here in the United States.
tax rate
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.
reassign
The first two weeks she's got them, some of them sitting on the floor until finally they get reassigned.
training program
It's energy and trade, the right kind of training programs, balancing our budget and helping small business.
science teacher
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.
overpay
$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.
insurance company
$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.
deduction
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.
trillion
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 spe
Medicaid
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 frau
institutionalize
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.
tax
And the answer is, yes, we can help, but it's going to take a different path, not the one we've been on, not the one the president describes as a top-down, cut taxes for the rich.
bring down
That is, I want to bring down rates.
retiree
ROMNEY: ... people, right, not for current retirees.
health care
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.
segment
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.
segue
LEHRER: That is a terrific segue to our next segment, and is the role of government.
extrapolate
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.
middle-class
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.
community college
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.
unbalance
Now, if you take such an unbalanced approach, then that means you are going to be gutting our investments in schools and education.
make sure
Number three, make sure our people have the skills they need to succeed and the best schools in the world.
repeal
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.
insurance
$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.
federal deficit
This is, theoretically now, a second segment still on the economy, and specifically on what to do about the federal deficit, the federal debt.
federal government
But our training programs right now, we've got 47 of them, housed in the federal government, reporting to eight different agencies.
job
Let's start the economy, segment one, and let's begin with jobs.
land grant
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
middle class
Or do we embrace a new economic patriotism that says America does best when the middle class does best?
gasoline tax
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.
governor
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.

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Saturday October 6th 2012, 12:38 PM
Comment by: Thinking Reed
This is a great service to those who want to evaluate candidates for President. I think Think Map services like this have the potential to elevate the level of accountablility expected by the Citizens of its candidates for high office. Good service.

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