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The third area, energy. Energy is critical, and the president pointed out correctly that production of oil and gas in the U.S. is up. But not due to his policies. In spite of his policies.
Mitt Romney
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The second area, taxation, we agree, we ought to bring the tax rates down. And I do, both for corporations and for individuals. 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.
Mitt Romney
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The president mentioned a couple of other ideas I'll just note. First, education. I agree: Education is key, particularly the future of our economy. But our training programs right now, we've got 47 of them, housed in the federal government, reporting to eight different agencies. Overhead is overwhelming. 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.
Mitt Romney
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And so the question is how to get them going again. And I've described it. It's energy and trade, the right kind of training programs, balancing our budget and helping small business. Those are the...the cornerstones of my plan.
Mitt Romney
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First of all, I don't have a $5 trillion tax cut. I don't have a tax cut of a scale that you're talking about. My view is that we ought to provide tax relief to people in the middle class. But I'm not going to reduce the share of taxes paid by high-income people. High-income people are doing just fine in this economy. They'll do fine whether you're president or I am.
Mitt Romney
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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.
Mitt Romney
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What you did, instead, was to push through a plan without a single Republican vote. As a matter of fact, when Massachusetts did something quite extraordinary...elected a Republican senator to stop Obamacare...you pushed it through anyway.
Mitt Romney
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I like the fact that, in my state, we had Republicans and Democrats come together and work together.
Mitt Romney
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When you look at 'Obamacare,' the Congressional Budget Office has said it will cost $2,500 a year more than traditional insurance. So it's adding to cost. 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. Instead, it's gone up by that amount. So it's expensive. Expensive things hurt families. So that's one reason I don't want it.
Mitt Romney
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Dodd-Frank was passed...This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd-Frank...I would repeal and replace it.
Mitt Romney
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You want to put your money where your heart is.
Mitt Romney
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The people who are having the hard time right now are middle-income Americans. Under the president's policies, middle-income Americans have been buried. They're just being crushed. Middle-income Americans have seen their income come down by $4,300. This is a tax in and of itself. I'll call it the economy tax. It's been crushing.
Mitt Romney
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I'm going to stop the subsidy to PBS. I'm going to stop other things. I like PBS, I love Big Bird. Actually, I like you, too. But I'm not going to keep on spending money on things to borrow money from China to pay for.
Mitt Romney
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