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pocketbook issue
That's a
pocketbook issue for women and families all across the country.
risk taker
I believe in self-reliance and individual initiative and
risk takers being rewarded.
sketchy
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 after the election how we're going to do it, you wouldn't take such a
sketchy deal.
automatic weapon
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.
food stamp
How about
food stamps?
drug lord
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.
tax advantage
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.
capital gain
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.
smart as a whip
She never got a college education, even though she was
smart as a whip.
Benghazi
QUESTION: 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.
insurance premium
Health
insurance premiums, up $2,500.
take office
We have fewer people working today than we had when the president
took office.
college level
And without a
college level job, that's just unacceptable.
green card
QUESTION: Mr. Romney, what do you plan on doing with immigrants without their
green cards that are currently living here as productive members of society?
make sure
We have to
make sure that we make it easier for kids to afford college.
tax rate
You can make a lot of money and pay lower
tax rates than somebody who makes a lot less.
outsource
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 Chin
reelect
If the president were
reelected, we'd go to almost $20 trillion of national debt.
tax break
You can ship jobs overseas and get
tax breaks for it.
spending cut
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
contraceptive
In my health care bill, I said insurance companies need to provide
contraceptive coverage to everybody who is insured.
retrain
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 slo
skilled worker
And in fact, employers are looking for
skilled workers.
deduction
QUESTION: 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
tax cut
And I want to continue those
tax cuts for middle-class families, and for small business.
inaudible
ROMNEY: So how much did you cut (
inaudible)?
oil production
We have increased
oil production to the highest levels in 16 years.
balanced budget
I want to get us on track to a
balanced budget, and I'm going to reduce the tax burden on middle income families.
add up
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
manipulator
China has been a currency
manipulator for years and years and years.
terrorist act
ROMNEY: It took them a long time to say this was a
terrorist act by a terrorist group.
call into question
And this
calls into question the president's whole policy in the Middle East.
timekeeper
OBAMA: I want to make sure our
timekeepers are working here.
misplace
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.
parenthood
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.
blind trust
Any investments I have over the last eight years have been managed by a
blind trust.
illegally
Those who've come here
illegally take their place.
governor
We will set aside that agreement just this once to welcome President Barack Obama and
Governor Mitt Romney.
debunk
Using specific examples, can you take this opportunity to
debunk that misperception and set us straight?
undocumented
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.
glass ceiling
And she worked her way up to become a vice president of a local bank, but she hit the
glass ceiling.
tax bracket
QUESTION: 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
community college
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 offer
administratively
And that's what I've done
administratively.
president
When you come out in 2014, I presume I'm going to be
president.
tax
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.
trillion
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.
accredit
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. We should make sure our legal system works.
middle class
That's what's been squeezing
middle class families.
take-home pay
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.
workforce
But if you calculated that unemployment rate, taking back the people who dropped out of the
workforce, it would be 10.7 percent.
President Bush
Since both you and
President Bush are Republicans, I fear a return to the policies of those years should you win this election.
middle-class
The
middle-class has been crushed over the last four years, and jobs have been too scarce.
hold down
Because I'm offsetting some of the reductions with
holding down some of the deductions.
deportation
He didn't call for self-
deportation.
terrorist attack
There were many days that passed before we knew whether this was a spontaneous demonstration, or actually whether it was a
terrorist attack.
sales pitch
You're going to lose some deductions, and you can't buy the
sales pitch.
streamline
I want it to be
streamlined.
mentally ill
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.
tax credit
Concerning the — these various deductions, the mortgage deductions, the charitable deductions, the child
tax credit and also the — oh, what's that other credit?
immigration
George Bush embraced comprehensive
immigration reform.
mammogram
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 can
bankrupt
Now when Governor Romney said we should let Detroit go
bankrupt.
taxpayer
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.
George Bush
You know, there are some things where Governor Romney is different from
George Bush.
refocus
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.
top-down
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.
wheelhouse
CROWLEY: 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.
brain trust
QUESTION: This question actually comes from a
brain trust of my friends at Global Telecom Supply (ph) in Minneola yesterday.
take-home
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.
get to
I hope to
get to as many questions as possible.
invest
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.
energy
Number three, we've got to control our own
energy.
deficit
We've got to reduce our
deficit, but we've got to do it in a balanced way.
middleman
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.
National Rifle Association
And he said that the reason he changed his mind was, in part, because he was seeking the endorsement of the
National Rifle Association.
reintroduce
Part of it is seeing if we can get an assault weapons ban
reintroduced.
pipeline
We're going to bring that
pipeline in from Canada.
social policy
In some ways, he's gone to a more extreme place when it comes to
social policy.
diplomatic mission
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.
create
I know what it takes to
create good jobs again.
across the board
'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
number one
Number one, I want to build manufacturing jobs in this country again.
tax policy
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.
playing field
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 <
breadwinner
And that's an example of the kind of advocacy that we need, because women are increasingly the
breadwinners in the family.
immigrant
QUESTION: Mr. Romney, what do you plan on doing with
immigrants without their green cards that are currently living here as productive members of society?
build on
OBAMA: 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.
handout
Bill and that allowed him to go to college, that wasn't a
handout.
across the country
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.
unite
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.
fair deal
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.
hire
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.
drop out
But if you calculated that unemployment rate, taking back the people who
dropped out of the workforce, it would be 10.7 percent.
bus driver
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?
oil company
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.
eliminate
QUESTION: 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
insurance coverage
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.
natural gas
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.
worker
I said we're going to bet on American
workers and the American auto industry and it's come surging back.
math
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
beef up
Number one,
beef up our security and procedures, not just in Libya, but at every embassy and consulate in the region.
crack down
Cracking down on China when they cheat.
round up
What I was saying is, we're not going to
round up 12 million people, undocumented illegals, and take them out of the nation.
folks
We have a lot of
folks who've been waiting all day to talk to you, so I want to get right to it.
economy
I know what it takes to get this
economy going.
coal
We have seen increases in
coal production and coal employment.
border patrol
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.
wind power
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 th
quadruple
Regulations have
quadrupled.
gallon
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.
national debt
We've gone from $10 trillion of
national debt, to $16 trillion of national debt.
terrorist group
ROMNEY: It took them a long time to say this was a terrorist act by a
terrorist group.
open up
And that means, yes, we still continue to
open up new areas for drilling.
Ellis Island
I mean we're just a few miles away from
Ellis Island.
manufacture
Number one, I want to build
manufacturing jobs in this country again.
training program
Fixing our
training programs for our workers.
Energy Department
Do you agree with Secretary Chu that this is not the job of the
Energy Department?
estate tax
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.
purview
Is it within the
purview of the government to bring those prices down, or are we looking at the new normal?
Libya
QUESTION: 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.
out of work
And a lot of them, as you say, Candy, have been
out of work for a long, long, long time.
walk of life
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.
gas
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.
uncommitted
CROWLEY: The Gallup organization chose 82
uncommitted voters from the New York area.
balanced
We've got to reduce our deficit, but we've got to do it in a
balanced way.
graduate
QUESTION: 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.
offshore
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.
manufacturing
Number one, I want to build
manufacturing jobs in this country again.
Social Security
Make sure that you are getting a good paying job, making sure that Medicare and
Social Security...
income
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.
drilling
And that means, yes, we still continue to open up new areas for
drilling.
mom
And, you know, I was raised by a single
mom who had to put herself through school while looking after two kids.
in place
That's exactly the philosophy that we've seen
in place for the last decade.
pull together
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.
talk about
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.
employer
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.
percent
We're looking at a situation where 40
percent of the unemployed have been unemployed have been unemployed for six months or more.
Medicare
George Bush didn't propose turning
Medicare into a voucher.
bipartisan
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...
most importantly
Oil production is up, natural gas production is up, and,
most importantly, we're also starting to build cars that are more efficient.
weapon
What has your administration done or planned to do to limit the availability of assault
weapons?
child care
When we talk about
child care, and the credits that we're providing.
misstep
However, I do attribute much of America's economic and international problems to the failings and
missteps of the Bush administration.
unemployment
If the — the
unemployment rate was 7.8 percent when he took office, it's 7.8 percent now.
unemployed
We're looking at a situation where 40 percent of the
unemployed have been unemployed have been unemployed for six months or more.
health insurance
Health insurance premiums, up $2,500.
contraception
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.
even out
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.
television show
The ambassador of the United Nations went on the Sunday
television shows and spoke about how — OBAMA: Candy, I'm — ROMNEY: — this was a spontaneous — CROWLEY: Mr. President, let me — OBAMA: I'm happy to have a longer conversation — CROWLEY: I know
tax revenue
If somehow when you get in there, there isn't enough
tax revenue coming in.
workplace
QUESTION: 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?
hunt down
That this was an act of terror and I also said that we're going to
hunt down those who committed this crime.
China
Because
China, Germany, they're making these investments.
insurance company
In my health care bill, I said
insurance companies need to provide contraceptive coverage to everybody who is insured.
reduce
We've got to
reduce our deficit, but we've got to do it in a balanced way.
town hall
We are here for the second presidential debate, a
town hall, sponsored by the Commission on Presidential Debates.
bureaucrat
ROMNEY: I'd just note that I don't believe that
bureaucrats in Washington should tell someone whether they can use contraceptives or not.
think about
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.
mutual fund
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 y
policy
The president's
policies have been exercised over the last four years and they haven't put Americans back to work.
figure out
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.
loophole
But when he's asked, how are you going to do it, which deductions, which
loopholes are you going to close?
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