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2,004
You've been president four years.
crowdsourced
0.0
0
No
2,005
You said you'd cut the deficit in half.
crowdsourced
1.0
1
Yes
2,009
If you're re-elected, we'll get to a trillion-dollar debt.
crowdsourced
1.0
1
Yes
2,015
Why don't I want to raise taxes on people?
crowdsourced
-1.0
0
No
2,018
Well, the economy is still growing slow.
crowdsourced
1.0
1
Yes
2,021
And the reality is it's not just wealthy people -- you mentioned Donald Trump.
crowdsourced
0.0
0
No
2,022
It's not just Donald Trump you're taxing.
crowdsourced
-1.0
0
No
2,024
You raise taxes and you kill jobs.
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-1.0
0
No
2,025
That's why the National Federation of Independent Businesses said your plan will kill 700,000 jobs.
crowdsourced
1.0
1
Yes
2,032
Well, we've had this discussion before.
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0.0
0
No
2,041
That's how we get growth and how we balance the budget.
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0.0
0
No
2,045
We're now spending 42 percent of our economy on government.
crowdsourced
1.0
1
Yes
2,051
If -- if we're serious, we've got to take a balanced, responsible approach.
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-1.0
0
No
2,054
Now, I've identified areas where we can, right away, make a change that I believe would actually help the economy.
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-1.0
0
No
2,060
My attitude is, if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it.
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-1.0
0
No
2,062
Well, I want to do the same thing, but I've actually identified how we can do that.
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-1.0
0
No
2,063
And part of the way to do it is to not give tax breaks to companies that are shipping jobs overseas.
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-1.0
0
No
2,065
I think most Americans would say that doesn't make sense.
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-1.0
0
No
2,067
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.
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-1.0
0
No
2,071
That is not a recipe for growth.
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-1.0
0
No
2,073
And so budgets reflect choices.
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-1.0
0
No
2,074
Ultimately, we're going to have to make some decisions.
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0
No
2,075
And if we're asking for no revenue, then that means that we've got to get rid of a whole bunch of stuff.
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No
2,077
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.
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1.0
1
Yes
2,088
First of all, the Department of Energy has said the tax break for oil companies is $2.8 billion a year.
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1.0
1
Yes
2,092
And in one year, you provided $90 billion in breaks to the green energy world.
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1.0
1
Yes
2,093
Now, I like green energy as well, but that's about 50 years' worth of what oil and gas receives.
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1
Yes
2,096
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.
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No
2,099
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.
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1.0
1
Yes
2,100
I mean, I had a friend who said you don't just pick the winners and losers, you pick the losers, all right?
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No
2,109
What we do have right now is a setting where I'd like to bring money from overseas back to this country.
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0
No
2,110
And, finally, Medicaid to states?
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-1.0
0
No
2,114
So -- so let's state -- one of the magnificent things about this country is the whole idea that states are the laboratories of democracy.
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No
2,115
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.
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No
2,128
You know, I suspect that, on Social Security, we've got a somewhat similar position.
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No
2,135
My grandfather died a while back.
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0
No
2,149
So the way for us to deal with Medicare in particular is to lower health care costs.
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-1.0
0
No
2,161
But on Medicare, for current retirees, he's cutting $716 billion from the program.
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1.0
1
Yes
2,171
We're going to give a better prescription program.
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-1.0
0
No
2,172
That's $1 -- that's $1 for every $15 you've cut.
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1.0
1
Yes
2,173
They're smart enough to know that's not a good trade.
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No
2,176
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.
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No
2,190
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.
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1.0
1
Yes
2,191
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.
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1
Yes
2,199
AARP thinks that the -- the savings that we obtained from Medicare bolster the system, lengthen the Medicare trust fund by eight years.
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1.0
1
Yes
2,201
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.
crowdsourced
1.0
1
Yes
2,202
They're now going to have to be paying copays for basic checkups that can keep them healthier.
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1.0
1
Yes
2,203
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.
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1
Yes
2,204
And I don't think that's the right approach when it comes to making sure that Medicare is stronger over the long term.
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No
2,208
And the president supports taking $716 billion out of that program.
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1
Yes
2,211
So that's -- that's number one.
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0
No
2,215
So they don't have to pay additional money, no additional $6,000.
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1.0
1
Yes
2,217
They'll have at least two plans.
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1.0
1
Yes
2,218
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.
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No
2,220
I'd just assume not have the government telling me what kind of health care I get.
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-1.0
0
No
2,221
I'd rather be able to have an insurance company.
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No
2,222
If I don't like them, I can get rid of them and find a different insurance company.
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0
No
2,226
We have to make sure this program is there for the long term.
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No
2,228
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.
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1
Yes
2,229
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.
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No
2,231
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.
crowdsourced
1.0
1
Yes
2,235
And so you've got higher administrative costs, plus profit on top of that.
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No
2,240
And that's why they were supportive of the approach that we took.
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No
2,241
One last point I want to make.
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0
No
2,246
That's -- that's a big topic.
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0
No
2,247
Can we -- can we stay on Medicare?
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-1.0
0
No
2,253
Let's get back to Medicare.
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-1.0
0
No
2,257
The president said that the government can provide the service at lower cost and without a profit.
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0
No
2,277
As a businessperson, I had to have -- I need to know the regulations.
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0
No
2,282
At the same time, regulation can become excessive.
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0
No
2,289
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.
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1.0
1
Yes
2,290
Let me give you an example.
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No
2,296
There've been 122 community and small banks have closed since Dodd- Frank.
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1.0
1
Yes
2,301
Well, I would repeal and replace it.
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-1.0
0
No
2,303
You have to have regulation.
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-1.0
0
No
2,304
And there are some parts of Dodd-Frank that make all the sense in the world.
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-1.0
0
No
2,315
Now, it wasn't just on Wall Street.
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-1.0
0
No
2,316
You had loan officers were -- that were giving loans and mortgages that really shouldn't have been given, because the folks didn't qualify.
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1.0
1
Yes
2,328
But in the past, Governor Romney has said he just want to repeal Dodd- Frank, roll it back.
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1.0
1
Yes
2,337
It wasn't thought through properly.
crowdsourced
-1.0
0
No
2,347
So banks are reluctant to make loans, mortgages.
crowdsourced
1.0
1
Yes
2,349
It's hurt the housing market because Dodd-Frank didn't anticipate putting in place the kinds of regulations you have to have.
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1.0
1
Yes
2,350
It's not that Dodd-Frank always was wrong with too much regulation.
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-1.0
0
No
2,366
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.
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0.0
0
No
2,367
And -- and we've got to deal with cost.
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-1.0
0
No
2,371
Instead, it's gone up by that amount.
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1.0
1
Yes
2,380
And three-quarters of them said it makes us less likely to hire people.
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1.0
1
Yes
2,388
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.
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1.0
1
Yes
2,393
And let me tell you exactly what Obamacare did.
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-1.0
0
No
2,400
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.
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1.0
1
Yes
2,406
... 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.
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1.0
1
Yes
2,412
Well, I did with my first statement.
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0
No
2,416
What you did instead was to push through a plan without a single Republican vote.
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1.0
1
Yes
2,422
You've raised them by $1 trillion under Obamacare.
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1.0
1
Yes
2,424
Of course, we don't have Medicare, but we didn't cut Medicare by $716 billion.
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1.0
1
Yes
2,425
We didn't put in place a board that can tell people ultimately what treatments they're going to receive.
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1.0
1
Yes
2,427
Right now, the CBO says up to 20 million people will lose their insurance as Obamacare goes into effect next year.
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1.0
1
Yes
2,428
And likewise, a study by McKinsey and Company of American businesses said 30 percent of them are anticipating dropping people from coverage.
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1.0
1
Yes
2,432
They put out a plan, a bipartisan plan.
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1
Yes
2,439
And Governor Romney at the beginning of this debate wrote and said what we did in Massachusetts could be a model for the nation.
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No