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malarkey
(CROSSTALK) BIDEN: With all due respect, that's a bunch of
malarkey.
god-awful
The fact is that we're in a situation where we inherited a
god-awful circumstance.
conflate
And he's -- he's
conflating two issues.
litmus test
RYAN: Was there a
litmus test on them?
eviscerate
BIDEN: The two budgets the congressman introduced have
eviscerated all the things that the middle class cares about.
cookie jar
They got caught with their hands in the
cookie jar, turning Medicare into a piggybank for Obamacare.
support payment
RYAN: ... income adjusts (inaudible) these premium
support payments by taking down the subsidies for wealthy people.
Benghazi
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.
nuclear weapon
Both President Obama and Governor Romney have said they will prevent Iran from getting a
nuclear weapon, even if that means military action.
chemical weapon
RYAN: 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.
tax cut
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
security interest
That's got to be within the national
security interests of the American people.
voucher
He'll tell you about
vouchers.
ayatollah
And so, in order to solve this peacefully -- which is everybody's goal -- you have to have the
ayatollahs change their minds.
tax rate
And where I come from, overseas, which is Lake Superior, the Canadians, they dropped their
tax rates to 15 percent.
terrorist attack
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.
interest group
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.
Medicare
RADDATZ: I want to move on here to
Medicare and entitlements.
freedom fighter
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.
actuary
Even their own chief
actuary at Medicare backs this up.
fissile
When Barack Obama was elected, they had enough
fissile material -- nuclear material to make one bomb.
devastate
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.
spending cut
Not spending more money as much as they say is not a
spending cut.
middle class
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.
green revolution
We should have spoken out right away when the
green revolution was up and starting; when the mullahs in Iran were attacking their people.
move back and forth
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.
overflight
RYAN: That means like embargoes and sanctions and
overflights, those are things that don't put American troops on the ground.
timeline
(CROSSTALK) RADDATZ: But you agree with the
timeline.
cronyism
They found no evidence of
cronyism.
loophole
What we are saying is, lower tax rates across the board and close
loopholes, primarily to the higher-income people.
congressman
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.
high-interest
RYAN: ... on
high-interest people.
retirement account
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.
industrialize
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.
insurance premium
Or remember when he said health
insurance premiums will go down $2,500 per family, per year?
donut
If you're near the
donut hole, you have $800 -- $600 more to help your prescription drug costs.
take office
Iran is more isolated today than when we
took office.
privatize
And with regard to Social Security, we will not -- we will not
privatize it.
off-limits
RADDATZ: Can you declare anything
off-limits?
capital gain
The loophole -- the biggest loophole they take advantage of is the carried interest loophole and -- and
capital gains loophole.
Social Security
They are elderly people who in fact are living off of
Social Security.
demonize
He didn't
demonize them.
urinate
Marines
urinating on Taliban corpses?
misquote
They keep
misquoting him, but let me tell you about the Mitt Romney I know.
playing field
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 giv
tax
We went ahead and made sure that we cut
taxes for the middle class.
across-the-board
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.
sanction
The vice president talks about
sanctions on Iran.
contraception
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
contrac
talk about
He went to the U.N. and in his speech at the U.N. he said six times -- he
talked about the YouTube video.
red line
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.
vice president
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.
trillion
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.
overpay
We stopped
overpaying insurance companies, doctors and hospitals.
take a look
RYAN: 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.
prescription drug
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.
water down
It's because this administration
watered down sanctions, delayed sanctions, tried to stop us for putting the tough sanctions in place.
across the board
And I've never met two guys who're more down on America
across the board.
childcare
Why does he go after the
childcare...
take-home pay
It's about getting 12 million jobs, higher
take-home pay, getting people out of poverty into the middle class.
tax break
BIDEN: 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.
protester
The State Department has now made clear, there were no
protesters there.
equivocate
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.
pull together
You know, usually when there's a crisis, we
pull together.
sequester
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.
Department of Energy
There are just at the
Department of Energy over 100 criminal investigations that have been launched into just how stimulus...
outsource
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.
terrorist
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.
hotspot
RYAN: 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.
credibility
Paul Ryan: 'Mitt Romney's a Car Guy' Watch Video Biden Says Americans Are Looking for Even Shot Watch Video Ryan Says Obama Had His Chance Watch Video And talk about
credibility?
taker
My friend recently in a speech in Washington said "30 percent of the American people are
takers."
decimate
We've
decimated Al Qaida central.
make sure
Let's have a status of forces agreement to
make sure that we secure our gains.
hand and glove
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
troop
Governor Romney said that was a tragic mistake, we should have left 30,000
troops there.
in and of itself
RYAN: This Benghazi issue would be a tragedy
in and of itself, but unfortunately it's indicative of a broader problem.
guy
This is a
guy who's repaired our alliances so the rest of the world follows us again.
reset
This is just one more example of how the Russia
reset's not working.
middle-class
We want to extend permanently the
middle-class tax cut for -- permanently, from the Bush middle-class tax cut.
launching pad
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.
calm down
Let's all
calm down a little bit here.
pro-life
RYAN: Now, you want to ask basically why I'm
pro-life?
army base
We'll only train in the -- in the
Army bases that exist there.
precondition
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.
reservist
We want -- look, one of my best friends in Janesville, a
reservist, is at a forward-operating base in eastern Afghanistan right now.
taxpayer
RYAN: Was it a good idea to spend
taxpayer dollars on electric cars in Finland, or on windmills in China?
Jack Kennedy
RYAN:
Jack Kennedy lowered tax rates, increased growth.
deduction
We forego about $1.1 trillion in loopholes and
deductions.
centrifuge
They're spinning the
centrifuges faster.
abortion
And I would like to ask you both to tell me what role your religion has played in your own personal views on
abortion.
go bad
We're told everything's
going bad.
take-home
It's about getting 12 million jobs, higher
take-home pay, getting people out of poverty into the middle class.
litmus
RYAN: Was there a
litmus test on them?
weapon
Both President Obama and Governor Romney have said they will prevent Iran from getting a nuclear
weapon, even if that means military action.
bipartisan
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.
fill in
RYAN: We said here's the framework, let's work together to
fill in the details.
take issue
Now, I've got to
take issue with the Catholic church and religious liberty.
deficit spending
It doesn't even pay for 10 percent of their proposed
deficit spending increases.
incest
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.
referenced
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 an
disavow
Let's recall that they
disavowed their own statement that they had put out earlier in the day in Cairo.
step up
They're
stepping up their terrorist attacks.
out-of-pocket
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.
AARP
AARP endorsed what we did.
number one
Governor Romney said we should not set a date,
number one.
ally
They're more brazen in their attacks, and are
allies are less willing to...
entitlement
RADDATZ: I want to move on here to Medicare and
entitlements.
Scranton
He's from
Scranton, Pennsylvania.
tax policy
BIDEN: 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 lo
bottom line
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.
freedom of religion
They're infringing upon our first freedom, the
freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals.
free fall
The economy was in
free fall.
Afghan
More than 50 of them were killed this year by the very
Afghan forces we are trying to help.
president
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.
surge
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.
job
The number-one issue here at home is
jobs.
nuclear
Both President Obama and Governor Romney have said they will prevent Iran from getting a
nuclear weapon, even if that means military action.
security force
They're happy to let us continue to do the job; international
security forces to do the job.
Indian reservation
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.
trainee
BIDEN: 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?
allies
They're more brazen in their attacks, and are
allies are less willing to...
ultrasound
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.
automobile industry
I know he had no commitment to the
automobile industry.
bin Laden
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."
military action
Both President Obama and Governor Romney have said they will prevent Iran from getting a nuclear weapon, even if that means
military action.
embolden
RYAN: ... 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...
Qatari
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.
mathematically
BIDEN: Not
mathematically possible.
catastrophic
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."
move on
RADDATZ: I want to
move on here to Medicare and entitlements.
good guy
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.
math
That's not a political thing, that's a
math thing.
Osama bin Laden
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."
percent
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.
devastating
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.
uniquely
Mitt Romney is
uniquely qualified to fix these problems.
populate
You're in a country that is heavily
populated in the midst of the most dangerous area in the world.
infringe
They're
infringing upon our first freedom, the freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals.
guarantee
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.
seep
It
seep into a regional war.
jeopardize
We are not going to
jeopardize this program, but we have to save it...
by the day
This is becoming more troubling
by the day.
hedge fund
Let me tell you who some of those other small businesses are:
hedge funds that make $600 million, $800 million a year.
geographically
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.
keep pace
You can buy back in if you want with this voucher, which will not
keep pace -- will not keep pace with health care costs.
Democrat
It's a plan I put together with a prominent
Democrat senator from Oregon.
security
That's caring for the national
security of the country.
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