Jeb Bush in Fox Business 2015 GOP primary debate
On Budget & Economy:
Dodd-Frank increased costs of community banking
We ought to raise capital requirements so banks aren't too big to fail. Dodd-Frank has done the opposite: banks have higher concentration of risk and capital requirements aren't high enough. I talked to a banker for a bank that had $125 million of
assets. Their compliance costs because of Dodd-Frank went from $100,000 to $600,000 in a 2-year period. They knew their borrowers. They gave back to the community. Imagine America without community banks. That's what's happening because of Dodd-Frank.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Budget & Economy:
Don't accept new norm of 2% growth; strategize for 4%
The new normal of 2% puts huge demands on government. The reason we have deficits is that more people are relying on government. A 4% growth strategy starts with tax reform. We eliminate a lot of deductions and cut the rates down.
A corporate rate of 20% would create an explosion of investment. I'm going to make sure that we shift power away from Washington and simplify the tax code. If we don't do that, we're stuck with the "new normal" of 2% growth.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Budget & Economy:
2% growth hurts the middle class
Two percent growth means declining income for the middle class. It means more than 6 million people are stuck in poverty than the day that Barack Obama was inaugurated. In this economy, the disposable income of the great middle is down 2,300 bucks.
Jobs are being created, but they're lower-income jobs than the jobs that were lost. And the net effect of this is we need to jump-start the economy.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Energy & Oil:
Economic growth pays for environmental clean-up
We've had a 10% reduction in carbon emissions. High growth is the path to lower carbon, and more jobs. As Governor of the State of Florida, we created the largest land purchasing programs, and environment clean-up programs because we
had a growing economy. Our revenues were growing at 4.4%. It allowed for resources to be able to protect the natural system.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Environment:
Repeal EPA restrictions on clean water and clean power
On the regulatory side [of an economic growth strategy] I think we need to repeal every rule that Barack Obama has in terms of work in progress, every one of them, and start over. For those that are already in existence, the regulation of the Internet,
we have to start over, but we ought to do that. The Clean Power Plan [the EPA policy combatting climate change], we ought to repeal that and start over on that. The Waters of the United States act [the EPA definition which includes land adjacent to water
bodies under the Clean Water Act], which is going to be devastating for agriculture and many industries, we should repeal that. We should repeal the rules because the economic costs of this far exceed the social benefit.
And if we're serious about high growth, then we have to recognize that small businesses right now, more of them are closing than are being set up.
Source: Fox Business/WSJ First Tier debate
Nov 10, 2015
On Foreign Policy:
Big difference between world's policeman and world's leader
Donald TRUMP: In Ukraine--why are we always doing the work? As far as Syria, if Putin wants to go and knock the hell out of ISIS, I am all for it, 100%. We can't continue to be the policeman of the world. BUSH: Donald's absolutely wrong on this.
We're not going to be the world's policeman, but we sure as heck better be the world's leader. That's a huge difference where, without us leading, voids are filled, and the idea that it's a good idea for Putin to be in Syria, let ISIS take out Assad,
and then Putin will take out ISIS? I mean, that's like a board game, that's like playing Monopoly or something. That's not how the real world works. We have to lead, we have to be involved. We should have a no fly zone in Syria.
They are barrel bombing the innocents in that country. If you're a Christian, increasingly in Lebanon, or Iraq, or Syria, you're going to be beheaded. And, if you're a moderate Islamist, you're not going to be able to survive either.
Source: Fox Business/WSJ First Tier debate
Nov 10, 2015
On Foreign Policy:
Syria & Iraq talk to Russia due to lack of U.S. leadership
Q: what is the biggest threat today?A: I'd say it is Islamic terrorism, and, sadly, this president does not believe in American leadership. We should have a no fly zone in Syria. If you want to deal with the four million refugees that are leaving
Syria, we ought to create safe zones for them to stay in the region rather than go to Europe. It is tragic that you see Iraq and other countries talking to Russia. It wasn't that long ago that Russia had no influence in the region at all.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Government Reform:
A powerful D.C. hurts economic growth
I'm going to fight to make sure that we shift power away from Washington, simplify the tax code, to spur economic activity in this country. Of course it's the highest priority. If we don't do that, we're stuck with the "new normal" of 2 percent growth.
Hillary Clinton says, basically, we just got to get used to it. Two percent growth means declining income for the middle class. It means more than 6 million people are stuck in poverty than the day that Barack Obama was inaugurated.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Homeland Security:
We don't need a divider-in-chief: rebuild the V.A.
Jane Horton is sitting with my wife here today. Her husband, Chris, was killed in action in Afghanistan. And Jane spends her time now defending and fighting for military families. They're both heroes. I don't think we need an agitator-in-chief or a
divider-in-chief. We need a commander-in-chief that will rebuild our military and restore respect to our veterans by revamping and fixing a broken Veterans Administration, That's my pledge to you. I ask for your support. Thank you.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On Immigration:
We need practical plan; not possible to deport 11M illegals
Twelve million illegal immigrants, to send them back is not possible. It would tear communities apart. It would send a signal that we're not the kind of country I know America is. We have to win the presidency. The way you win the presidency is to have
practical plans. What we need to do is allow people to earn legal status where they pay a fine, where they work, where they don't commit crimes, where they learn English, and over a period of time, they earn legal status. That's the proper path.
Source: Fox Business/WSJ Second Tier debate
Nov 10, 2015
On War & Peace:
We should have a no fly zone in Syria
Q: Donald Trump says we should let Putin "knock the hell out of ISIS" in Syria. BUSH: Let ISIS take out Assad, and then Putin will take out ISIS? That's not how the real world works. We have to lead, we have to be involved. We should have a no fly
zone in Syria. They are barrel bombing the innocents in that country. If you're a Christian, increasingly in Lebanon, or Iraq, or Syria, you're going to be beheaded. And, if you're a moderate Islamist, you're not going to be able to survive either.
We have to play a role in this be able to bring the rest of the world to this issue before it's too late.
TRUMP: Assad is a bad guy, but we have no idea who the so-called rebels--nobody even knows who they are.
Carly FIORINA:
Governor Bush is correct. We must have a no fly zone in Syria because Russia cannot tell the United States of America where and when to fly our planes.
Source: Fox Business/WSJ First Tier debate
Nov 10, 2015
Page last updated: Dec 07, 2018