Transcript: Debate excerpts – Mitt Romney on repealing Obamacare

Edited by Jenny Jiang

Excerpts from Republican presidential nominee Mitt Romney’s remarks on repealing Obamacare at the first presidential debate held at the University of Denver, Colorado on Oct. 3, 2012:

“You know, I was in New Hampshire. A woman came to me and she said, look, I can’t afford insurance for myself or my son. I met a couple in Appleton, Wisconsin, and they said, we’re thinking of dropping our insurance, we can’t afford it.

“And the number of small businesses I’ve gone to that are saying they’re dropping insurance because they can’t afford it, the cost of health care is just prohibitive. And — and we’ve got to deal with cost.

“And, unfortunately, when — when — 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.

“Second reason, it cuts $716 billion from Medicare to pay for it. I want to put that money back in Medicare for our seniors.

“Number three, it puts in place an unelected board that’s going to tell people ultimately what kind of treatments they can have. I don’t like that idea.

“Fourth, there was a survey done of small businesses across the country, said, what’s been the effect of Obamacare on your hiring plans? And three-quarters of them said it makes us less likely to hire people. I just don’t know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the — at the kitchen table, and spend his energy and passion for two years fighting for Obamacare instead of fighting for jobs for the American people. It has killed jobs.

“And the best course for health care is to do what we did in my state: craft a plan at the state level that fits the needs of the state. And then let’s focus on getting the costs down for people, rather than raising it with the $2,500 additional premium…”

“I like the way we did it in Massachusetts. I like the fact that in my state, we had Republicans and Democrats come together and work together. 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.

“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.

“What we did in a legislature 87 percent Democrat, we worked together; 200 legislators in my legislature, only two voted against the plan by the time we were finished. What were some differences? We didn’t raise taxes. You’ve raised them by $1 trillion under Obamacare. We didn’t cut Medicare. Of course, we don’t have Medicare, but we didn’t cut Medicare by $716 billion.

“We didn’t put in place a board that can tell people ultimately what treatments they’re going to receive. We didn’t also do something that I think a number of people across this country recognize, which is put — put people in a position where they’re going to lose the insurance they had and they wanted.

“Right now, the CBO says up to 20 million people will lose their insurance as Obamacare goes into effect next year. And likewise, a study by McKinsey and Company of American businesses said 30 percent of them are anticipating dropping people from coverage.

“So for those reasons, for the tax, for Medicare, for this board, and for people losing their insurance, this is why the American people don’t want Medicare — don’t want Obamacare. It’s why Republicans said, do not do this, and the Republicans had — had the plan. They put a plan out. They put out a plan, a bipartisan plan. It was swept aside.

“I think something this big, this important has to be done on a bipartisan basis. And we have to have a president who can reach across the aisle and fashion important legislation with the input from both parties.”

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