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Randomly Generated Presidential Debate


October 4, 2012

I took the text of the October 3, 2012 presidential debate, built a language model from it, and used it to randomly generate more "debate". Here's one randomly generated snippet:

ROMNEY: All right. So at the energy sources of the way for us to make sure that we're helping small businesses 18 times. And then what you've got higher administrative costs, plus 1 percent, why that $2.8 billion a year. And so the question, you have two minutes on Social Security?

And the number of employees, combine some agencies and departments. My -- my number-one principal is, in your own facts. Look, I've got five boys. I'm not going to happen is the whole idea that I think math, common sense, over time, what'll happen is the same as Simpson- Bowles. But the problem of pre-existing conditions. That's how it's going to make sure that we're on has just been unsuccessful. The federal government take over health care is to bring money from your parents to go to the middle class, and if you are going to make a profit. Nothing wrong with that. And he said that the -- the basic structure is sound.

Even if nobody said this exact passage, it does catch something of the flavor of the debate, does it not?

If you want, you can skip past the explanation, and go right on to the "debate". If you just let the words flow over you without thinking about them too hard, they sound an awful lot like the real thing.




The technical details

How does this work? Consider the following sentence from the real text of the debate:

My priority is putting people back to work in America.

That sentence contains the following trigrams (sequences of three symbols or words):

etc.

So you shred the whole debate into trigrams, and you count up how often each trigram appears. Trigram models have many practical applications, and are widely used in Natural Language Processing (NLP). One thing you can do with them—maybe not the most serious application—is to randomly generate text.

Suppose you're randomly generating a sentence, and you've already built up the following string:

And the primary beneficiary of that provision because it's killing regional and small ...

Now we want to pick the next word. We look at the last two words, which are and small. Here are the trigrams in the debate text which start with and small:

Trigram Count
and small businesses 2
and small banks 1

Within the text of the debate, the only words which come after and small are businesses and banks. So, we randomly pick one of the two. However, since businesses appears more often than banks, there is a higher probability that we will pick businesses.

You just keep repeating this random selection over and over. Your range of choices for the next word always depend on what the previous two words are.




The Random Presidential Debate

LEHRER: Do you believe there's a difference.

OBAMA: That's what they do.

ROMNEY: I have, which is the approach that I'm talking about. And as a consequence people are able to succeed. And it's not just when it comes to corporate taxes.

I will eliminate all programs by this test, if we can create those jobs. I want to wish, Sweetie, you shouldn't raise taxes. I want to reduce the cost of insurance for each family by $2,500 a family. Middle-income families are going to keep on repeating it and ultimately hoping I'll believe it. You're going to stop the subsidy to PBS. I'm not going to come from somewhere.

OBAMA: And so you've got health insurance for three months, we've got to have -- I know anytime we talk about corporate taxes. That's how we can, right away are going to have to lower the cost of almost anything. As a matter of fact, I genuinely believe cares about education for all Americans are getting opportunity, we're going to stop the subsidy to PBS. I'm not going to make these critical investments.

Now, I would cut taxes for small businesses across the board.

ROMNEY: First of all 50 states. And businesses did very well. So they don't pass it: Is the program so critical it's worth borrowing money to pay for it. But let's get at the same sales pitch that was made in 2001 and 2003, and that will add to the state to craft their own decisions. And you'd think, well, those top 3 percent of college graduates this year can't find work.

LEHRER: All right. So that's -- that's number one in the middle class. That's saying we're going to give these gateways of opportunity for Americans and I agree on, which is the reason is because small business. A woman came to me -- let me tell you exactly what it is -- you may want to kill jobs in the world, they might not be as much of a whole bunch of people uninsured and let you know, this is not a new economic patriotism that says we are continuing to invest in basic science and research, all these plans to replace Dodd-Frank, Wall Street since the Great Depression.

(CROSSTALK)

LEHRER: Mr. President, Mr. President?

Number two is to cut it for the nation. We said you've got -- when the president. I'm not looking to our military. I will not reduce the taxes paid by high-income people. It was a fight that we had Republicans and Democrats -- said, we're going to get rid of them, leaving the older, you pushed through something that you would close those loopholes that only affect high-income individuals to avoid either raising the deficit problem in this race is there -- there are ways of dealing with the input from both parties.

Look, I'm concerned about the values behind Social Security, we've got a corporate jet, you have to take everybody."

But we all know that we've got a somewhat similar position. Social Security, we've had this discussion before. I'll do it, but the right approach when it comes to education. It hasn't destroyed jobs. This is obviously a very important role. And that's the perspective I bring when I was running for office, 32 million on food stamps. The problem with raising taxes. Number one, making sure that they couldn't get affordable coverage even if they got sick, millions of people out of date. And Governor Romney on -- about education, making sure that we take in evidence of the American people, we can help.

LEHRER: About the idea of cutting $716 billion from Medicare bolster the system.

First of all the good things that are elderly and have saved tens of billions of dollars back when they weren't.

LEHRER: Like where?

ROMNEY: All right. So at the energy sources of the way for us to make sure that we're helping small businesses 18 times. And then what you've got higher administrative costs, plus 1 percent, why that $2.8 billion a year. And so the question, you have two minutes on Social Security?

And the number of employees, combine some agencies and departments. My -- my number-one principal is, in your own facts. Look, I've got five boys. I'm not going to happen is the whole idea that I think math, common sense, over time, what'll happen is the same as Simpson- Bowles. But the problem of pre-existing conditions. That's how it's going to make sure that we're on has just been unsuccessful. The federal government take over health care is to bring money from your parents to go to the middle class, and if you are going to make a profit. Nothing wrong with that. And he said that the -- the basic structure is sound.

OBAMA: If they had a high school education, making sure that we change our tax code, Governor Romney's proposing, what cuts we make the cost of insurance for each family by $2,500 a family who's got a corporate jet, you need to put insurance plans, providers, hospitals, doctors on target such that they couldn't get affordable coverage even if they wanted to make sure we don't know what a qualified mortgage was.

Governor Romney has ruled out revenue. He's ruled out revenue. He's ruled out revenue.

OBAMA: The -- where they're going to lower it, what I did. Number one, and Mr. President. And by the way, I've got to say. There are six other studies that looked at the same god and we ended the war in Afghanistan. That's one way one could do it all, let me tell you exactly what it is -- the oil from offshore and Alaska. And I'll bring that pipeline in from Canada.

I'm sorry.

Now, I'm concerned about the issues and the child and let the parent and the principal all their lives.

Second reason, it doesn't mean a whole bunch of stuff.

What things would I cut from spending? Well, I think it's important for Governor Romney, I want to raise taxes and to cut a trillion dollars out of work, rising unemployment, an economic crisis was prompted by reckless behavior across the board.

(CROSSTALK)

Well, President, you won the toss and you kill jobs in America?

ROMNEY: Absolutely.

LEHRER: Mr. President?

But -- but the right to pursue their dreams. And it is -- which path we should take. Are we going to have to have a stronger, more aggressively than ever before, when I was in New Hampshire. A woman came to me -- let me talk specifically about what treatments are given. That's one way one could do it, the Department of Energy has said that will ultimately save money through the worst financial crisis since the Great Depression.

(CROSSTALK)

If they had a little bit more to make sure we don't know the regulations. I like coal. I'm Jim Lehrer of the Civil War, Abraham Lincoln said, please let us do that. And so part of it.

(CROSSTALK)

I know there is a small business that creates the jobs in the world that are shipping jobs overseas. I understand.

LEHRER: But what -- how each of the resilience and the next generation and they're having an impact right now can't all do that. In fact we've seen layoffs of hundreds of thousands of teachers over the last four years in terms of what -- how each of the economy, because the president pointed out correctly that production of oil and gas in the other one. So I..

I mean, I think the American people safe. That's part one.

(CROSSTALK)

And so I want to have a tax in and -- and lay down a piece of legislation and say to a voucher system, lengthen the Medicare world so that people can get the job done. What kind of treatments they can take their child to a trillion-dollar debt.

Governor?

But the fact of the House of Representatives. But there's still a problem, I like it at the same way that Tip O'Neill. But -- but -- but the fact that in a moment. But, you had the plan that he was going to get coverage at all the people who are in the training they need to put in place the kind of principles that Governor Romney, your two-minute closing statements. And your plan does. What is the whole idea that you meet in Toledo or Detroit take such pride in building the best answer and drove it through anyway.

They get to us a balanced way that Tip O'Neill. But I'm not planning on making changes there. Massachusetts schools are succeeding and failing, so what I've said is we've gone on a sheet of paper, but that's just not the federal government taking over the country, said, " Why not cut out the principles of those documents.

LEHRER: Just -- let's talk about shifting Medicaid to states? I'm not looking to our next segment. I believe that government has the capacity to help them.

(CROSSTALK)

LEHRER: Do you think?

(CROSSTALK)

ROMNEY: Well..

You know, that indicates the degree to which, you have to take a balanced way that allows you to the middle class, and that's happening. Innermountain Healthcare does it superbly well, we both agree that the place to open a new car. They put out a plan out. They are certainly in a position to show gains in some ways, we've tried this. Many will lose it..

OBAMA: When you add up all the people who were contributors to your campaigns.

OBAMA: Well, I want to locate in places where there's a difference, because what happens is those seniors right away are going to have regulations so that you have to be passed on to the Top. Wasn't a top-down approach, Governor Romney talks about. We instead need to listen 'cause this -- I had the first word of that is, yes, that we'll be discussing tonight is, let's see. Role of government. Your view?

ROMNEY: All right. Well, first, Governor Romney and I both agree that the big problem.

ROMNEY: Jim, let's get at the University of Denver, just don't know how the president describes as a consequence, what we did in Massachusetts. It hasn't destroyed jobs. This was a fight that we should replace it with something. But I'm not going to be tweaked the way, I've had the first word of that is vitally important.

ROMNEY: That's -- that's just not the federal debt.

Gentlemen, welcome to you -- which path we should take. Are we going to have to do what we did was we said, " It's my way or the candidates have to work with community colleges so that people can get local and -- and the reason is because of those documents.

And the question is how to get a lot of topics there, and so maybe they can have deductions up to well over 50 percent of hospitals and to do about the direction America has been promoting for 18 months calls for a $5 trillion in additional military spending. And that's why independent studies looking at 50 million people on food stamps to 47 million on food stamps to 47 million on food stamps. The president's put it in front of 40 million people. And it's a two-minute new -- new segment, so the question is this. We've had 43 straight months with unemployment above 8 percent.

But let's come back on that -- on top of the Civil War, Abraham Lincoln said, " PBS NewsHour," and I want to listen 'cause this -- this deficit could crush the future..

LEHRER: All right. Let's make sure our people are doing well. So there was a fight that we can help.

LEHRER: That's where we started. Yeah.

Thank you. Now, so what I did as president, when the middle class. But the idea that in a minute to go back to this country to contribute a little bit more to make a very small business. Under the president's re-elected you'll continue to pay the bills, because the insurance they had in the same sales pitch that was a fight that we weren't overpaying providers. I believe that we should have.

OBAMA: OK.

ROMNEY: But let's -- we've gone on a website. You said you'd cut the deficit in half. Unfortunately, he laid out the principles of those insurance companies that are 10 years, that makes a pretty clear indication of where they go. And as a top-down approach, what cuts we make the investments that are shipping jobs overseas. I don't get a lower cost. And then he has as a consequence, what we've done, made some adjustments to it as a consequence people are able to identify them.

OBAMA: Well, first of the things that I met in North Carolina who decided at 55 to go to states? I'm not going to survive you get a lot done. What are the various ways we could send it back to what the candidates have to have. I think a number of provisions that I believe, both of you as to how you can get local and -- and congratulate him for pursuing that.

LEHRER: And what we're seeing right now is a major crisis. And the choices we've made enormous progress drawing on ideas both from Democrats and Republicans to cut a trillion dollars out of the things I'm sure we'll be discussing tonight is, how do we make the cost of care in the excesses of Wall Street? Absolutely, because if all Americans are getting opportunity, we're talking about, you'd look at the evidence of the American heart to provide it to the school district, I'd have regulation on Wall Street since the Great Depression.

Second reason, it was a survey done of small businesses that are creating jobs here in the nation.

Thank you.

OBAMA: OK.

OBAMA: Well, first of the toughest reforms on Wall Street. That's not what I'm going to repeal Dodd-Frank?

Bill Clinton tried the approach that Governor Romney has now said is to cut education funding. I don't want to give these gateways of opportunity to succeed. And you could imagine, here -- here with you.

ROMNEY: Absolutely.

ROMNEY: Well....

ROMNEY: Again, that's been given to -- yeah.

But the fact of the House of Representatives. But when -- when Governor Romney indicates that he says that he's going to repeal Dodd- Frank.

And the reason is, in my view, a second segment still on the economy, because if all Americans are getting opportunity, we're thinking of dropping our insurance, you're going to be able to be owned by people who weren't qualified. That's the wrong way to go last, so what I did as president?

OBAMA: Well, as you know -- helped to get America to a balanced approach, then you can cut taxes, because I think it's instructive. Now, it cuts $716 billion cut to Medicare. You'll have 4 million people out there. It hasn't destroyed jobs.

One last point.

PRESIDENT BARACK OBAMA: Well, the argument against repeal?

But we need to put insurance plans, providers, hospitals, doctors on target such that they couldn't get affordable coverage even if they don't have -- you may want to locate in places where there's a fundamental difference between the two of you as to how you can cut taxes, skewed towards the wealthy, and if you will, follow the child and let the parent and the fact of the tax cuts that you're talking about, you'd look at the mercy of the last two years. Now, Governor?

And the answer is, those top 3 percent of families, I was in New Hampshire. A woman came to me -- let me just make this comment.

ROMNEY: Well... if Obamacare is repealed. You said you'd cut the deficit, we need to make sure we didn't cut Medicare. So if the government run out of health care system that has to be revenue in addition to cuts.

And the number of small businesses if you're -- Mr. President, you're going to benefit from group rates that are in the world. That's by far the most romantic place you could imagine, here -- here with you.

I'm sorry.

And the president pointed out correctly that production of oil and gas in the next generation and they're going to college. I'm concerned about the level of federal regulation of the money has to come from somewhere.

ROMNEY: No. I don't get a lower cost.

But we all know that there's a difference.

Now, so I just want to have a living will so -- so let's state -- one of the resilience and the University of Denver, I'm going to see a middle-class squeeze with incomes going down. And you'd think, well, 18 government -- the right to pursue their dreams. And so you've got to boost American energy independent so we may all concentrate on what the governor just said about his own plan?

Number three, I'll double them, leaving the older, you cite a study. There are alternatives to accomplish the objective I have. Let states do this. Do you want to eliminate that? Why don't I want to bring money from your parents to go to the states. And hard-pressed states right now are in the law. But the fact of the principles that Governor Romney has now said is to -- to the rates that are not -- that's number one in the cold.

LEHRER: (inaudible) answer the taxes paid by middle-income Americans have seen their income taxes go up. But in order to -- to the American people have the government can provide the pursuit of happiness for our military. And ironically, if you want to raise taxes? Why don't I want to close our deficit in half. Unfortunately, he says will only affect high-income individuals to avoid either raising the deficit in half. Unfortunately, he says will only affect high-income individuals to avoid either raising the deficit, there are people that are helping us to do better together. So we only have three -- three minutes left in the excesses of Wall Street. That's why the American people, but also it came from: two wars to rebuild America and North America energy independent so we may all concentrate on what the candidates have to respond to that.

Number three, make a difference.

And the magnitude of the future of our deficits right now, do you want to do is I bring when I was elected president. I'm not going to survive you get paid across the country, said, " PBS NewsHour," you know, yes. Other places, yes, that a separate topic?

LEHRER: (inaudible) answer the taxes paid by middle-income Americans have seen their income taxes go up. But let's get at the same as Simpson- Bowles. But let's -- we've seen layoffs of hundreds of thousands of teachers over the last several years, that also means I cannot reduce the taxes paid by high-income Americans. So we only have three -- three minutes left in the Senate, but we don't know the regulations. I understand.

ROMNEY: What I support is no change for current retirees or near retirees, he's saying that his big, bold idea is, I want to thank the University of Denver for your poor in so much better and better jobs. And the reason why AARP has said he wants to cut back the number of small businesses we're talking about. We care for those reasons, for doing that a marketplace to work on a sheet of paper, but where we're going to compromise our principle, but he gets the first of all, the auto industry was on the basis of how many procedures they've -- they've engaged in.

But for younger people, right away are going to the middle class. But -- but -- but what we've done, made some adjustments to it.

(CROSSTALK)

ROMNEY: No. I needed them there. It added up to well over 50 percent of college graduates this year can't find work.

What things would I cut from spending? Well, mathematically, there was no risk for the student loan program, we've worked with Democrats in the same way that Tip O'Neill. But we need to succeed. And as a secretary, ended up living alone by choice.

(CROSSTALK)

But the idea that I did. Number two, let's not. I'm not going to have.

Do you believe the same way that allows us to deal with it? Well, we've got to have. Let states do this. Do you want to make the investments that are 10 years, small business. Those are the various ways we could send it back. My plan is not possible to come from somewhere.

Mr. President?

ROMNEY: I have to make sure that the military is not to become the economic player, picking winners and losers, telling people what kind of training programs right now -- look, the government. We're going to wind things down if you are first on segment one. And this -- I know Donald Trump you're taxing. It's not the case. All right? All right. Let's make sure we didn't cut Medicare. So to finish quickly, first of all, I do, then I promise I'll fight just as hard in a revenue neutral way, but -- but that's about 50 years' worth of breaks, then you can probably afford to pay for it. You're going to replace Dodd-Frank, Wall Street? Absolutely, because I care about education, making sure that Medicare has lower administrative costs than private insurance. So let's go through them one by one another.

OBAMA: Well, the middle class. It's how we're going to try to get insurance on the economy works best when the middle class or blowing up the tab, then you can cut taxes, Governor?

And by the way.

OBAMA: ..

And the reason why AARP has said the same time lower deductions and loopholes for his tax plan.

ROMNEY: And Republicans and Democrats both love America. Crack down on China, if the government can provide the pursuit of happiness for our poor.

When it comes to corporate taxes.

LEHRER: Let's let the parent and the child and let the parent and the Declaration of Independence. The auto workers that you meet in Toledo or Detroit take such pride in building the best cars in the private sector created. The financial system had frozen up. But the idea came not even from Paul Ryan or -- or lower-income kids, rather, I want to thank the University of Denver for your poor in so much better and better jobs. And you say Exxon and Mobil. Actually just going after places where there's a fundamental difference between the two of you.

ROMNEY: Well, I said that I'm talking about can't make decisions about what changes are going to get rebates if insurance companies might impose an arbitrary limit. And then what you've got to tell people ultimately what kind of Medicaid they have an incentive, as opposed to on the economy...

(CROSSTALK)

LEHRER: Two minutes -- two presidential, one of the tax cuts that you're going to be in there and you think what he just want to make sure that we are continuing to invest in basic science and research, all the doctors together at once, do one test instead of going to get what you got a somewhat similar position. Social Security, we've got to make sure that they've got that opportunity and they said no. But in order for us to a balanced approach, then that means that you've got to do more. And the reason he set up the record.. at a time when they aren't making seniors any healthier. And so the question, you know, my philosophy has been promoting for 18 months calls for a couple in Appleton, Wisconsin, and so maybe they can have.

LEHRER: All right. This was a coin toss. Governor Romney said this has to come from somewhere.

OBAMA: The -- where they're going to go back to school because she wanted to make a profit. Nothing wrong with that.

Let -- let me just finish the point.

And the primary beneficiary of that provision because it's killing regional and small banks have closed since Dodd- Frank.

But, you shouldn't raise taxes. Number two is to cut taxes for small businesses I've gone to that.

LEHRER: No, but can't detail how it will cost $2,500 a year in corporate welfare. Basically, they actually provide great care cheaper than average. And by the way we did in Massachusetts might have given some advice to Republicans in Congress about how to cooperate, but that thereby bring down deductions, for instance? One way, for the first word of that repeal are insurance companies can't jerk you around. They recruit them, but the right way to go from Medicaid to schools. Massachusetts schools are ranked number one in the American heart to provide millions more students assistance, lower or keep low interest rates on student loans. And over the long term. That's part one. So I..

ROMNEY: Good. I'm sure we'll be discussing tonight is, yes. Other places, yes. Other places, yes, have the benefits high for those reasons, for Medicare, what -- what are the various ways we could send it back to Medicare. She had worked all her life, put in place the kind of principles that he says will only affect high-income individuals to avoid either raising the deficit problem in this country for a $5 trillion in cuts.

The oil industry gets $4 billion a year in corporate welfare. Basically, they will be six roughly 15-minute segments with two-minute answers for the student loan program, we've tried this. We've tried both approaches. The president's put it in Massachusetts. It was the best course for America to a voucher to seniors and they could go out there trying to get to us a balanced way that allows us to make some decisions. And -- and we've got to get the last word.

Well, the federal government take over health care experts, doctors on target such that they couldn't get affordable coverage even if they got sick, millions of people uninsured and let the parent and the University of Denver, Colorado. I'm going to have a responsibility to, as I said that for incomes over $250,000 a year in corporate welfare. Basically, they don't pass it: Is the program so critical it's worth borrowing money to pay additional money, businesses make more profits, but that's just not the course of America do you have two minutes.

(CROSSTALK)

We didn't put in place any tax cut. I do have a $5 trillion tax cut, we both agree that we've created, what would you do about the vouchers?

And the challenges in the system over the last word.

LEHRER: Let's..

First, we've begun to rise.

I want to get the rates the way to meet Governor Romney's proposal that he has as a consequence, what we did was we said, " you know, I want to cost jobs.

If the president's policies, middle-income Americans have seen their income taxes go up.

ROMNEY: But -- but -- but you had 46 states around the world. We're not going to have a question that you'd like to clear up the record..

This is the difference? Let's just stay on taxes for 98 percent of their choice.

LEHRER: About the idea that I believe, will not add to the commission or the candidates have to make sure that we're on has just been unsuccessful. The average middle-class family with children would pay about $2,000 more. And so the question, you -- do you think?

Do you want to do about the course of America do you want to raise taxes.

In order to make, without dumping those costs onto middle-class Americans, I believe we must maintain our commitment to education. I believe would actually help the millions of people out of the woman I met in North Carolina who decided at 55 to go to Congress, fight for it. And what about the direction America has been promoting for 18 months calls for a couple hours, talked about how to do better together. So they don't have to respond to that are estimated to gain billions of dollars back when they cheat.

And the question is this.

And the reality is it's not just when it just is, is that there was no risk for the student loan program, we've seen this model work really well in Massachusetts could be run more efficiently at the evidence of the matter is that the voters -- to New York banks I've ever seen. This is the key to great schools. Massachusetts schools are succeeding and failing, so we keep taking in the United States.

Dodd-Frank was passed. And, you know, when the president nor I are proposing any changes for current retirees, he's -- some of them said it will cost $2,500 a year, is to simply leave a whole lot of people out in the worst financial crisis since the Great Depression.

Now, in your case, what is essentially the identical model and as a consequence people are able to do is I bring when I was in New Hampshire. A coin toss. Governor Romney and the child and let the parent and the federal government have a private plan. Number one, preexisting conditions problem. Well, President, the cost of almost anything. As a matter of fact, I genuinely believe cares about education for all Americans are getting opportunity, we're going to lose the insurance they had a high school education, making sure that we had Republicans and Democrats -- said, do one test instead of fighting for jobs for the long term? And in Medicare for our poor.

LEHRER: And what we're seeing right now, you know, I think it's, frankly, not because I think first of all, I said that will create -- help create 12 million new jobs?

(APPLAUSE)

OBAMA: Let me just make this comment.

Fourth, there will be able to make sure that Americans had more security with their health insurance for each family by $2,500 a year in corporate welfare. Basically, they might not be very popular among Democrats as you're sitting down with leaders -- the basic structure is sound.

ROMNEY: It's fun, isn't it?

And the reason is because, when we created 23 million people out of business. A woman came to me -- let me mention the other one.

And the question is this. Do you challenge what the governor just said about his own plan?

And finally, military. And yet my faith and confidence in the system.

ROMNEY: Well, I want to thank the University of Denver for your poor in so much better and better jobs. We drove our schools to be balanced. You've said the only way to pay additional money, no additional $6,000 a year, plus 1 percent, why that $2.8 billion a year. And this -- this is, theoretically now, the right course for America to a trillion-dollar debt.

LEHRER: Like where?

Second reason, it puts in place any tax cut. They're getting hurt.

ROMNEY: The president said he'd cut the deficit in half. Unfortunately, he would be to have the opportunity to the providers across America, telling people what kind of investment where the American people safe. That's part one. And so Dodd-Frank correctly says we are seeing great work done out there.

ROMNEY: Absolutely.

LEHRER: Thank you, Mr. President, you have to do is the whole idea that you get a deduction for taking a plant overseas. So it's adding to cost jobs. What is the private marketplace. You can look at the beginning of this campaign.

And when it just is, there was a fight that we do? We have to respond to that are young, what Governor Romney earlier mentioned the Bowles-Simpson commission. Well, Jim, the Congressional Budget Office has said it will cost $2,500 a family who's got a lot of topics there, and there are developments around the country.

ROMNEY: Mr. President, the Congressional Budget Office has said he wants to repeal Dodd-Frank?

I mean, you might want to thank the University of Denver, just don't know the regulations. I have, which has government thinking it can make a change that I met a couple in Appleton, Wisconsin, and also the Presidential Commission on these programs, balancing our budget and helping small businesses, but where we're going to be in there and you kill jobs in three years, we are endowed by our creator with the status quo is not to your own insurance. You can look at history. My grandparents did. Number one, making sure that middle-class families are going to have regulation on Wall Street? Absolutely, because we want to repeal Dodd-Frank?

And this -- I know Donald Trump. It's energy and passion for two years. I can't afford it.

Bill Clinton tried the approach that I'm talking about... to oil, to figure out how long they can receive, taking over the last several years, and they're going to be more?

So 77 government programs for education that were well-intentioned, not just going after places where there's a difference, and have saved tens of billions of dollars back when they aren't making seniors any healthier. And the fact of the resilience and the University of Denver, I'm Jim Lehrer of the unintended consequences of Dodd-Frank. It was a fight that we can help.

Now, I like greeBut I wouldn't be a perfect man and I had five seconds went away a long time, gentlemen..

Number two, let's not. I'm Jim Lehrer of the central questions of this debate wrote and said what we did was we said, do you support the voucher system, lengthen the Medicare world so that they've got that opportunity and they said no.

You have to take a minute to go down the rate of growth. Look, we've seen layoffs of hundreds of thousands of teachers over the last 3 percent of revenue on something like Medicaid. What ends up happening is some people end up resulting in severe hardship for people, we're essentially setting up a group of health treatment they can receive, taking over the last word.

And I worked with Democrats in the next generation and they're having an impact right now, a $4 trillion of ways to do better together. So it's adding to cost jobs. I have become fond of this campaign.

And so the question is how to do. Well, I love great schools. We've going to move to a balanced way that Tip O'Neill. But that -- on top of the central questions of this magnificent country that we put into place for a couple hours, talked about how you would turn Medicare into a Great Depression.

OBAMA: There has to do what we did in Massachusetts, our overall health care, the reason is, " Why not cut out the principles of those documents.

Now, the president went first on segment one. And she ended up living alone by choice.

Let me just make this comment.

Dodd-Frank was passed. And the reason she could be independent was because there isn't a better prescription program. His running mate..

ROMNEY: Mr. President, is the difference? Let's just stay on taxes for middle-class families are going to the Top. Wasn't a top-down approach, what happens is those seniors right away are going through a plan out. They -- they say it's the same thing, working with Democrats in the private sector created. The federal government?

And I -- look, I'm sorry.

ROMNEY: Absolutely.

Going forward with the right way to go from Medicaid to help them.

And the number of small businesses from 35 percent down to 25 percent. But let's get at the mercy of the American people who are in the cold.

And, you take such pride in building the best course for America's government, reporting to eight different agencies. Overhead is overwhelming. We've got -- we've gone on a credit card; two tax cuts that we reduce the burden paid by middle-income Americans have seen their income taxes go up. But not due to his own plan?

Those are the various ways we could send it back in Medicare for our poor.

The third area, energy. $90 billion, like wind and solar and wind, to drilling operators and so forth.

The second topic, you all don't have to lower some of them, housed in the state level that fits the needs of the central questions of this risky behavior that is the difference? Let's just stay on taxes for small businesses would not help us?" And as a top-down approach, as I say I will not end up getting continuous coverage and an insurance company can't deny you if you've -- if it's a critical issue. I get the job done. What you did instead was to push through a plan that he has as a consequence people are able to do things better are able to save Medicare? We have to ask the president nor I are proposing any changes for current retirees or near retirees, he's -- some of the American people safe. That's $1 -- that's a big topic. Can you help us?" And as a model for the tax rates -- the right answer for government is to simply leave a whole different way of dealing with the preexisting conditions. That's the plan that allows us to be able to have the opportunity to the deficit, there will be fully installed. In the meantime, folks like me and she said, we're going to replace Dodd-Frank, Wall Street? Absolutely, because we're going to have to have a single number. Make up a group of health insurance. But -- but what we've done, made some adjustments to it.

And we face -- this deficit could crush the future generations. What's happening in the middle class. But that's already the law. But in order to -- I'm not going to manage your care for our own poor in so much better and better jobs. He's ruled out revenue. He's ruled out revenue. He's ruled out revenue.

And because of those insurance companies might impose an arbitrary limit. And that's exactly what it is that, that was made in 2001 and 2003, and Governor Romney has ruled out revenue.

What things would I cut from spending? Well, I do want to get a lot of topics there, and have saved tens of billions of dollars back when they weren't.

Well, I appreciate the chance to be revenue in addition to cuts. I was in New Hampshire. A coin toss. Governor Romney is your candidate. But people make their own decisions. And I don't have that option.

LEHRER: Let's let the parent and the University of Denver.

It can't do it is to not give tax breaks so that you would turn Medicare into a Great Depression.

If they had in the Oval Office.

OBAMA: Well, that's not qualified, there are people that are necessary in education or in energy.

Look, the Congressional Budget Office has said these would be able to be tweaked the way, if you make a significant dent in providing them the kind of treatment they can continue to burn clean coal. I'm Jim Lehrer of the Civil War, Abraham Lincoln said, " PBS NewsHour," but you had 46 states around the country, said, " PBS NewsHour," and I both agree that the American people safe. That's not how America was built. And everybody's getting a $250,000 a year in corporate welfare. Basically, they actually provide great care cheaper than average. And so part of being a leader is, yes, have the government, spending more on administrative costs than private insurance system precisely at the same thing, you have to take the Medicaid dollars that go to college. I'm glad you raised that, we all know that we've got to reform schools that are in it are going to broaden the base.

ROMNEY: All right? All right, I'm just going after places where there's a difference.

The oil industry gets $4 billion a year in corporate welfare. Basically, they will be done on a collaborative basis, not just Donald Trump you're taxing. It's not just because of a $5 trillion tax cut, but the right course for America's government, reporting to eight different agencies. Overhead is overwhelming. We've got a lot of different plans at lower cost. And it's not just because of the system he did in Massachusetts could be independent was because there isn't a better prescription program. Now, in fact replaced and the federal government has the capacity to help somebody who's got a somewhat similar position. Social Security, we've got to take that $716 billion in breaks to the American people have the government substitute itself for the nation.

As I indicated earlier, by the same thing, you won the toss and you kill jobs in the primary beneficiary of that repeal are insurance companies. And it's not just going after places where there's a difference. And by the way, close loopholes, deductions -- he hasn't identified which ones they are on actual care. They're just being crushed. Middle- income Americans have seen their income taxes go up. Governor Romney, the governors -- Republican and Democratic governors to initiate significant cuts in things like education, that indicates the degree to which, you have two minutes on this, Mr. President, you're -- Mr. President. And what's happened with some of the things I'm sure we'll be discussing tonight is, yes. Other places, yes. Other places, yes, we had Republicans and Democrats both love America. And by the way. There will be able to go to states, but not to have to respond to that amount. So we only have three -- three minutes left in the federal government. Your view?

LEHRER: Wait a minute.

LEHRER: Wait a minute to go to the Top. Wasn't a top-down approach, Governor Romney has ruled out revenue. He's in the debate before we go to Congress, fight for it.

Your example of the businesses that employ one-quarter of the legislative functions of the " We're going to help them. So I'll get incomes up again.

So now I want to repeal it, I'm just going after places where there's a difference, but for higher income people, we're way over our first 15 minutes.

(APPLAUSE)

ROMNEY: We -- as we possibly can.

OBAMA: The -- where they're going to raise taxes. You've got to have to have if you don't support that? Why wouldn't we want to kill jobs in three years, health care is to bring the rates. He said he wants to repeal it, but because there's common ground.

ROMNEY: Well, I want to eliminate that?

And the fact of the American people. It hasn't destroyed jobs. This was a survey done of small businesses across the board.

What things would I cut from spending? Well, I think most Americans would say that they've got that opportunity and they wanted to provide the pursuit of happiness for our seniors depend on these programs, balancing our budget and helping small businesses and families. And I'll bring that pipeline in from Canada.

ROMNEY: And Republicans and Democrats -- said, " It's my way or the lenders, but the fact of the plan that he has as a consequence, what that then allows us to make sure we don't know the regulations. I want to close those loopholes that only affect high-income individuals to avoid either raising the deficit or -- or lower-income kids, rather, I think we've got -- we've gone on a bipartisan idea. And if not, I'll double them, but the right course for America to a trillion-dollar debt.

ROMNEY: The president said he'd cut the deficit or -- or Senator Wyden, who's the co-author of the ones have been too long or I've done it before. My plan has already lowered taxes for 98 percent of businesses happen to believe, both of you know -- helped to get coverage at all the workers so they can take their child to a -- this is why the American people. High-income people are doing well. So they don't pass it: Is the program so critical it's worth borrowing money to pay premiums until finally they just give up salaries and perks for their kid who's going off to college," you know, that also means I cannot reduce the cost of care in the federal government has the capacity to help open up opportunity and create incentives for growth. Look, the government.

Do you challenge what the candidates have to do the same advisers, and make the cost of almost anything. As a matter of fact, when we reform Wall Street reform, but for higher income people, right away are going to have to have. Let me come back on that -- on top of that repeal are insurance companies. And it is to make sure that Social Security?

ROMNEY: Well, Jim, the CBO says up to well over 50 percent of families, I also lower deductions and exemptions, so the question is how to get America to a balanced approach, as you know, numbers on a stage with other Republican candidates for the -- the oil from offshore and Alaska. And as a governor, when we created 23 million people out in the Middle East, there are ways of dealing with the input from both parties.

What things would I cut from spending? Well, for kids who are having the patient run around with 10 tests. Let's go through them know that we've created, what we've done, made some adjustments to it.

I don't want to bring the cost of health insurance for each family by $2,500 a family who's got a lot done. We instead need to make sure that we reduce the taxes paid by high-income Americans. So that's -- that's $1 for every cut, we also made sure that those small businesses 18 times. And the president directly why you think best.

Second reason, it doesn't mean a whole bunch of people at the same idea behind Bowles-Simpson, by the federal government can get local and -- and lay down a piece of legislation and say to a 30-year low.

ROMNEY: Jim, I had five seconds went away a long time, gentlemen.......

You'll see chronic unemployment. We've got -- banks, you've seen regulation become excessive.

That's the wrong way to go to college. I'm pleased to be revenue in addition to cuts. I saw a study that came out today that said you're going to happen. They'll have at least two plans.

OBAMA: Well, first of the 2012 presidential debates between President Barack Obama, the name itself implies some sense of dependency on the table. Of course it's on the economy. Entitlements. First -- first answer goes to you -- you mentioned Donald Trump doesn't like to take that $716 billion out of 6 people in a better prescription program. That's how we balance the additional cost of almost anything. As a matter of fact, it puts in place the kind of policy you want to locate in places where there's a difference..

(CROSSTALK)

ROMNEY: Good. I'm going to help them.

But, ultimately, part of my plan. Their choice.

LEHRER: All right

And the choices we've made enormous progress drawing on ideas both from Democrats and Republicans to cut taxes and to create jobs because companies want to make drastic cuts in things like education, that we can include a prescription program. His running mate keep saying that he says will only affect high-income individuals to avoid either raising the deficit problem in this country.

My priority is jobs.

(CROSSTALK)

There are alternatives to accomplish the objective I have to take a balanced budget.

OBAMA: When you add up all the things I suspect Governor Romney and I have said that the voters -- to get those dollars back when they weren't.

Second reason, it puts in place a board of people out there who are less fortunate and can't care for our seniors depend on these programs, balancing our budget and helping small businesses from 35 percent down to 25 percent.

LEHRER: All right.

We didn't raise taxes. That's part one.

ROMNEY: First of all, let me repeat -- let me just say one final example.

The second topic, which is saying, " I've been in years. Benefits were not affected at all. If you believe the same way that Tip O'Neill. But let's come back on that -- on top of that is that the money has to be able to describe exactly what it did do is to bring the cost of health care costs have gone out of work since May. Can you help us?"

OBAMA: And so the question, you provided $90 billion in breaks to the deficit and a woman came to me -- let me -- let me -- let me mention the other one. So banks are reluctant to make sure we don't know the regulations. I want the Affordable Care Act repealed. Why?

Now, he would be to have...

So we've -- we've seen layoffs of hundreds of thousands of teachers over the country.

This is obviously a very small business. A coin toss. Governor Romney and I wouldn't be a voucher to seniors and they said no. But that's already the law. But we all know that you and Nancy Pelosi and Harry Reid thought was the biggest kiss that's been the effect of Obamacare on your hiring plans? And how do we make the cost of health care down. And she ended up living alone by choice.

LEHRER: Let's... people, the way, if they wanted to make, without dumping those costs onto middle-class Americans, I believe, both of you agree, Governor?

I want to take the Medicaid dollars that go to states, we're thinking of dropping our insurance, you're entitled as the private market.

LEHRER: .. the small businesses, but because there's common ground.

I'll make government more efficient and to create jobs because companies want to locate in places where there's a difference.......

(CROSSTALK)

ROMNEY: Absolutely.

ROMNEY: It's fun, isn't it? Well, in your own doctor21:31:34: ROMNEY: Simpson-Bowles, the government can get the job done. What is the private market.

ROMNEY: Jim, and I wouldn't be a mistake.

But they lead in very different directions. And we talk about it.

Let -- let me tell you exactly what I do share a deep interest in encouraging small-business growth. Look, the federal government take over health care down. And let me tell you exactly what it did do is because small business. Now, and they're having an impact right now? Is there too much? And I'm going to college. I'm planning on making changes there. It wasn't thought through properly. We can care for those reasons, for current retirees or near retirees, he's -- some of the things I'm sure we'll be discussing tonight is, let's use the purchasing power of Medicare.

If I'm elected we won't have Obama. We'll put in place a board of people uninsured and let the parent and the president to your own insurance. So banks are reluctant to make sure that Social Security he's not. I'm planning on making changes there. Massachusetts schools are ranked number one in the state to craft their own programs to get rid of them said it makes us less likely to create jobs because companies want to cost jobs. And we know where it came from: two wars to rebuild America and North America energy independent so we keep taking in the system over the last several years, that is the free enterprise system and we've made enormous progress drawing on ideas both from Democrats and Republicans to cut it for the tax cuts -- that's number one. So if the government telling me what kind of treatment they can take their child to a trillion-dollar debt.

I apologize, Mr. President, on Social Security, we've tried this.

(CROSSTALK)

And when it comes to education. I used to people going to give a voucher to seniors and they say it's the same money when you look at the 35 percent to 40 percent.

So now I want to put in place for a $5 trillion tax cut that adds to the green energy. $90 billion.

So entirely on a sheet of paper, but he gets the first of all, I want to eliminate that? Why wouldn't we want to bring down the cost of health care economist that looks at it says, let's look at the bottom line. That creates about 4 million people out there think that would have brought down the rate of growth. That's how we balance the additional cost of health care experts, doctors on target such that they couldn't get affordable coverage even if they don't have a free market work if you take those all away, make their own programs to get a deduction for taking a plant overseas. I use that term with all respect, by the way, for 18 months calls for a $5 trillion and add $2 trillion of ways to do the same rules.

ROMNEY: Let's get back to Medicare. She had worked all her life, put in place the kind of health treatment they can continue to burn clean coal. I'm not going to lose the insurance they had in the Middle East, there will be about domestic issues and the child and let you know -- helped to get America energy independent so we keep taking in the world. We're going to double on top-down economic policies that helped to get into the middle class or blowing up the record, they had a little bit more to make these critical investments.

Number three, the auto industry was on the fact of the state or to the deficit. Governor Romney is your candidate. But I'm going to the government run out of health care in the Middle East, there are two ways of dealing with the right kind of treatment they can continue to burn clean coal. I'm not going to the providers across America, that we can help.

OBAMA: That's what they do some smart things. And that meant I figured out from day one -- actually, the economy. Entitlements. First -- first answer goes to you both. Let's let the parent and the principal all their lives.

Last updated 4 Oct 2012