Obama plan mandating health insurance
But I also believe that we've got to look at the energy sources of the future, like wind and solar and biofuels, and make those investments. Now, in order for us to do it, we do have to close our deficit, and one of the things I'm sure we'll be discussing tonight is, how do we deal with our tax code?And how do we make sure that we are reducing spending in a responsible way, but also, how do we have enough revenue to make those investments? And so the question is how to get them going again. It's energy and trade, the right kind of training programs, balancing our budget and helping small business. But the president mentioned a couple of other ideas I'll just note. I agree: Education is key, particularly the future of our economy.First, we've got to improve our education system and we've made enormous progress drawing on ideas both from Democrats and Republicans that are already starting to show gains in some of the toughest to deal with schools.We've got a program called Race to the Top that has prompted reforms in 46 states around the country, raising standards, improving how we train teachers.
You know, four years ago we went through the worst financial crisis since the Great Depression.And for the record, they were not submitted for approval to the commission or the candidates.The segments as I announced in advance will be three on the economy and one each on health care, the role of government and governing, with an emphasis throughout on differences, specifics and choices.And I'm looking forward to having that debate.: FORMER GOV. It's an honor to be here with you, and I appreciate the chance to be with the president.I'm pleased to be at the University of Denver, appreciate their welcome, and also the Presidential Commission on these debates. I've had the occasion over the last couple of years of meeting people across the country.Not the one we've been on, not the one the president describes as a top-down, cut taxes for the rich. Now, I'm concerned that the path that we're on has just been unsuccessful.The president has a view very similar to the view he had when he ran four years, that a bigger government, spending more, taxing more, regulating more -- if you will, trickle-down government -- would work.: OBAMA: Well, let me talk specifically about what I think we need to do.I want to get America and North America energy independent so we can create those jobs.And finally, with regards to that tax cut, look, I'm not looking to cut massive taxes and to reduce the -- the revenues going to the government.But I'm not going to reduce the share of taxes paid by high-income people. At the same time, gasoline prices have doubled under the president. And I do, both for corporations and for individuals.High-income people are doing just fine in this economy. The people who are having the hard time right now are middle- income Americans. 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. President, all of the increase in natural gas and oil has happened on private land, not on government land.