John McCain in 2008 Republican debate at Reagan Library


On Budget & Economy: Things are tough now, but we’re better off than in 2000

Q: Are Americans better off than they were eight years ago?

A: You could argue that Americans overall are better off, because we have had a pretty good prosperous time, with low unemployment and low inflation and a lot of good things have happened. A lot of jobs have been created. But let’s have some straight talk. Things are tough right now. Americans are uncertain about this housing crisis. Americans are uncertain about the economy, as we see the stock market bounce up and down. But I think what we’re trying to do to fix this economy is important. We’ve got to address the subprime housing problem. We need to make the Bush tax cuts permanent, which I voted for twice to do so. I think we need to eliminate the alternate minimum tax.

Q: It sounds like that we’re not better off, is what you’re saying.

A: I think we are better off overall if you look at the entire eight-year period, when you look at the millions of jobs that have been created, the improvement in the economy, etc.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Budget & Economy: May have to go further to fix the subprime lending situation

Q: Do you have a plan to help people with bad credit get lower interest rates so they can keep those homes and avoid foreclosure?

A: Yes, and it’s tough here in California, it’s tough in Arizona, it’s tough particularly all over, but it’s very tough particularly in the high growth states. The efforts that have been made so far are laudable. We may have to go further, but the fact that the FHA and the other organizations of government under Secretary Paulson’s direction, and he is doing a good job of sitting down and fixing at least a significant number of these problems. We’ve got to return to the principal that you don’t lend money that can’t pay it back. There’s some greedy people on Wall Street that perhaps need to be punished. There’s got to be a huge amount more of transparency as to how this whole thing came about so we can prevent it from happening again. If necessary, we’re going to have to take additional actions and particularly in cleaning up a mortgage.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Budget & Economy: Recession is partly psychological and not inevitable

A mortgage should be one page and there should be big letters at the bottom that says, “I understand this document.” We ought to adjust the mortgages so people who were eligible for better terms, but were somehow convinced to accept the mortgages which were more onerous on them. We need to fix the rating systems, which clearly were erroneous in their ratings, which led people to believe that there were these institutions which were stable, which clearly were not. We may have to take further steps if this subprime lending situation continues to be serious. Part of the problem in any recession is psychological. I’m still optimistic that nothing is inevitable. I still rely on the innovation and the talent of the US. But we’ve got to make the tax cuts permanent. We need to get rid of the Alternative Minimum Tax. We need to give people a depreciation in one year for their business and investment. We need to encourage research and development and tax credits that are associated with it.
Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Energy & Oil: Be more active in addressing the issue of climate change

Suppose we do nothing, & we don’t eliminate this $400 billion dependence we have on foreign oil. Some of that money goes to terrorist organizations & also contributes to greenhouse gas emissions. Then what kind of a world have we given our children? We Westerners care very much about our environment and we want to act. I have disagreed with the Bush administration in not being more active in addressing the issue of climate change, whether it be through cap-and-trade, through tax incentives for R&D for green technologies and many other measures that need to be taken. We are feeling here in California pollution from China. It is a global issue, and we have to address it globally. I would not agree to any global agreement without India & China being part of it. I want to assure you that we have an obligation to try to stem these greenhouse gas emissions. One of the ways is through the use of nuclear power. The French generate 80% of their electricity with nuclear power. We have to address this issue.
Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Environment: Support much tougher regulations on emission requirements

Q: Schwarzenegger has proposed that California be allowed to implement much tougher emission requirements than apply to the rest of the country. Do you side with the governor or with the Bush administration?

A: I have to agree with the governor. I’m a federalist. The states should decide to enormous degrees what happens within those states, including off their coasts. The people of California have decided they don’t want oil drilling off their coasts. The people of Louisiana have decided that they do. I applaud the governor’s efforts and that of other states in this region and other states to try to eliminate the greenhouse gas emissions that are causing climate change. Suppose that the governor and I are wrong, and there’s no such thing as climate change. We adopt these green technologies, of which the US and the innovative skills we have and the entrepreneurship and the free market cap-and-trade proposal is enacted. Then all we’ve done is giving our kids a cleaner world.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Immigration: Deport 2 million illegal immigrants who committed crimes

There are 2 million people who are here who have committed crimes. They have to be rounded up and deported. We’re all basically in agreement there are humanitarian situations. It varies with how long they’ve been here, et cetera. We are all committed to carrying out the mandate of the American people, which is a national security issue, which is securing the borders. That was part of the original proposal, but the American people didn’t trust or have confidence in us that we would do it.
Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Immigration: Would no longer push his own 2006 immigration proposal

Q: Your 2006 immigration proposal was much broader and included a pathway to citizenship for illegal immigrants who were already here. At this point, if your original proposal came to a vote on the Senate floor, would you vote for it?

A: No, it would not, because we know what the situation is today. So to say that that would come to the floor of the Senate, it won’t. We went through various amendments which prevented that proposal. We will secure the borders first when I am president. I know how to d that. I come from a border state, where we know about building walls, and vehicle barriers, and sensors, and all of the things necessary. I will have the border state governors certify the borders are secured. Then we will move onto the other aspects of this issue, as importantly as tamper-proof biometric documents, which then, unless an employer hires someone with those documents, that employer will be prosecuted to the fullest extent of the law. That will cause a lot of people to leave voluntarily.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Principles & Values: Proud of Justice O’Connor; favor Roberts and Alito

Q: Was Sandra Day O’Connor the right choice?

A: I’m proud of Sandra Day O’Connor as a fellow Arizonan. And my heart goes out to her family in that situation that they have today. And I’m proud of her. The judges I would appoint are along the lines of Justices Roberts and Alito, who have a proven record of strict interpretation of the Constitution of the US. I’m not going to second-guess Reagan.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Principles & Values: Reagan knows that I stick with my principles

Q: Would Reagan endorse you? And if so, why?

A: Reagan would not approve of someone who changes their positions depending on what the year is. Reagan came with an unshakable set of principles, and there were many times, like when he had to deploy the cruise missile to Europe and there were hundreds of thousands of demonstrators against it, he stood with it. Reagan had a deal in Reykjavik that everybody wanted him to take, but he stuck with his principles. He knows that I stick with my principles.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Principles & Values: Romney is a fine man who managed companies

Q: Is Romney ready to be a military commander?

I’m sure he’s a fine man. He managed companies, and he bought & sold, and sometimes people lost their jobs. That’s the nature of that business. We’re at a time in our history where you can’t afford any on-the-job training. My experience and background qualifies me to lead. That’s why I’ve gotten the support of over 100 retired Army generals and admirals. Every national security expert from the Reagan & other administrations are supporting my candidacy.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Principles & Values: Inspired by Reagan while in the North Vietnam prison camps

I had the great honor of being inspired while I was in the prison camps of North Vietnam by the news of a governor and his wife who cared very much about those of us who were in captivity. And when I came home, I was inspired by him, and I voted for him, and I supported him, and I was proud to be a foot soldier in the Reagan revolution, as we fought these wars together with unshakable courage and principle. And I’m prepared to follow in his tradition and in his footsteps.
Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Principles & Values: The vision, knowledge, and background to be president

Q: What makes you more qualified than Romney, a successful CEO and businessman, to manage our economy?

A: Because I know how to lead. I led the largest squadron in the US Navy. And I did it out of patriotism, not for profit. And I can hire lots of managers, but leadership is a quality that people look for. I have the vision and the knowledge and the background to take on the transcendent issue of the 21st century, which is radical Islamic extremism. I’ve been involved in every single major nationa security crisis in the last 20 years. I’m proud to have played a role in those, and I’m proud to have played a role in making sure that we didn’t raise the white flag and surrender in Iraq, as the Democrats wanted us to do and we would have done if we had set timetables for a withdrawal. I have the qualifications and the knowledge and the background and the judgment. I don’t need any on-the-job training. I had the great honor of serving this country in uniform for 22 years.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On War & Peace: Don’t let enemy lay in the weeds until we leave

Q: [To Romney]: Sen. McCain has said that you supported a timetable for a phased withdrawal from Iraq. Is that true?

ROMNEY: Unequivocably, absolutely no. I have never, ever supported a specific timetable for exit from Iraq. Sen. McCain pointed to an interview when I said that our president and their prime minister should have timetables and milestones. [When asked what I’d do with a bill with] a date specific to withdraw, I said I’d veto it.

McCAIN: Well, of course, he said he wanted a timetable. In April 2007, the buzzword was “timetables.” Governor, the right answer to that question was “no,” not what you said, that Maliki and the president should enter into some kind of agreement for, quote, “timetables.”

ROMNEY: Why don’t you use the whole quote, Senator?

MCCAIN: The actual quote is, “We don’t want them to lay in the weeds until we leave.”

ROMNEY: What does that mean?

MCCAIN: It means a timetable until we leave. If we weren’t leaving, how could the enemy lay in the weeds?

Source: [Xref Romney] 2008 Republican debate at Reagan Library Jan 30, 2008

On War & Peace: Support the surge and bring troops home with honor

We are going to be there for some period of time, but it’s American casualties, not American presence. We’ve got troops right next door in Kuwait. We’ll probably have them there for a long time. We have troops in Bosnia. We’ve had troops in South Korea for some 50 years. We need to protect America’s national security interest. We are succeeding. We’re going to support this surge. We’re not going to talk about timetables or anything else; we’re going to talk about winning and what’s necessary to win. I’m the only one that said that Rumsfeld had to go and the Petraeus strategy is the one that can succeed. That’s because I have the experience, the knowledge, and the judgment. It’s not American presence, because America, as the world’s superpower, is going to have to be a lot of places in the world. It’s how they come home. As president, I will follow in this tradition of sticking to my principles no matter what and bring our troops home with honor.
Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

On Welfare & Poverty: Lower and middle income Americans need more help

Q: Back when you voted against the tax cuts in Congress, you said you opposed them because they favored the wealthy too much. So which is it? If they were too skewed to the wealthy at first, are they still too skewed to the wealthy?

A: Lower and middle income Americans need more help. Obviously, that’s the case today. That’s one reason why we’re giving them rebates. I support the Reagan tax cuts, and they had spending restraints associated with it. I made it very clear when I ran in 2000 that I had a package of tax cuts which were very important & very impactful, but I also had restraints in spending. And I disagreed when spending got out of control. I disagreed when we had tax cuts without spending restraint. Guess what? Spending got out of control. Republicans lost the 2006 election not over the war in Iraq, over spending. Our base became disenchanted. If we had done what I wanted to do, we would not only have had the spending restraint, but we’d be talking about additional tax cuts today.

Source: 2008 Republican debate at Reagan Library in Simi Valley Jan 30, 2008

The above quotations are from 2008 Republican debate at Reagan Library in Simi Valley, California, on Jan. 30, 2008, the eve of Super Tuesday.
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