Jeb Bush in CNBC 2015 GOP primary debate


On Corporations: We need to lower rates for small business AND big business

My plan gives the middle class the greatest break: $2,000 per family. And if you make $40,000 a year, a family of four, you don't pay any income tax at all. Simplifying the code and lowering rates, both for corporations and personal rates, is exactly what we need to do. You think about the regulatory cost and the tax cost--that's why small businesses are closing, rather than being formed in our country right now. The big corporations have the scale to deal with all of this.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015

On Government Reform: The left's idea is always to create more government

We don't need the federal government to be involved in this [higher education] because when they do we create a $1.2 trillion debt. In Florida, we have the lowest in-state tuition of any state, because there's accountability. Let the states do this. You'll create a much better graduation rate at a lower cost. It's always a solution of the left to create more Government from the Federal Government. It is not working.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015

On Health Care: Keep HSAs to encourage savings, as Medicare reform

We need to reform Medicare and Social Security. We can't just allow it to continue on its current path the way that Hillary Clinton wants to do because there'll be major reductions in benefits in the next decade if we do nothing.

I have a concrete plan to do just that, which allows people to keep HSAs to encourage savings, it allows for people that are retiring with Social Security to be able to get a minimum of 125% of the poverty level so that there is a baseline that no one goes below.

Source: GOP `Your Money/Your Vote` 2015 CNBC 2nd-tier debate Oct 28, 2015

On Principles & Values: Troubled that we reward people for tearing down our country

I believe this is still the most extraordinary country on the face of the earth, and it troubles me that people are rewarded for tearing down our country. It's never been that way in American politics before. I can't do it. I just don't believe that this country's days are going to be going down. I think we're on the verge of the greatest time, and I want to fix the things to let people rise up.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015

On Principles & Values: I'll change Washington culture like I changed Tallahassee's

The D.C. politicians continue to make things worse. I have a proven record of success, 32 years in business, and 8 years as Governor of the state of Florida. I will change the culture in Washington, just as I changed the culture in Tallahassee. We need a unifier, not a cynical divider in chief, and that's exactly what I will do. Imagine a country where people are lifted out of poverty again. Imagine a country where the middle class can get rising income again.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015

On Social Security: Means-testing: wealthiest shouldn't receive same benefits

BUSH: You have to reform Social Security, and the simple way to do it is to make sure that the wealthiest don't receive the same benefits as people that are lower-income. And make sure you enhance savings in the private market: the idea of 401(k)'s. I have a small business that I set up. It took an arm and a leg to be able to set up a 401(k). Because of all the federal mandates and federal laws, it was too expensive. We need to incent private savings and make sure that Social Security is protected for those that have it.

HUCKABEE: When I hear people talking about means testing, let's just remember it means that the government decides whether or not I deserve it. If a person lives in a seven-room house, does the government get to say you don't need seven rooms, we're going to take two of them away? Folks, the government has no business stealing even more from the people who have paid this in. I just want to remind you: People paid their money; they expect to have it.

Source: GOP `Your Money/Your Vote` 2015 CNBC 1st-tier debate Oct 28, 2015

On Tax Reform: Obama term resulted in $2,300 less in middle class pockets

Barack Obama got his massive tax increase, and there were no spending cuts. More spending, more tax increases, more regulation. The net result is, the middle class has $2,300 less in their pockets than the day Barack Obama got elected President. And now they see Hillary Clinton proposing a third term of economic policy for our country. We need to reverse that. And my record was one of cutting taxes each and every year. I have a record. $19 billion of tax cuts, 1.3 million jobs created.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015

On Technology: Regulate Fantasy Football as gambling, but not federally

Q: Daily fantasy sports will award billions of dollars in prize money this year. Isn't that gambling, and should the Federal Government treat it as such?

BUSH: Well, first of all, I'm 7 and 0 in my fantasy league. And I think this has become something that needs to be looked at in terms of regulation. Effectively it is day-trading without any regulation at all. And when you have insider information, which apparently has been the case, where people use that information and use big data to try to take advantage of it, there has to be some regulation. If they can't regulate themselves, then the NFL needs to look at just, you know, moving away from them a little bit. And there should be some regulation. I have no clue whether the federal government is the proper place, my instinct is to say, hell no, just about everything about the federal government.

Source: GOP `Your Money/Your Vote` 2015 CNBC 1st-tier debate Oct 28, 2015

On Welfare & Poverty: 6 million more people in poverty during Obama's term

The majority of Americans believe in a hopeful future. They are concerned that Washington is so dysfunctional that it's holding them back. Think about it, 6-1/2 million people working part-time, workforce participation rates lower than they were in 1977. 6 million more people living in poverty than the day Barack Obama got elected President. And the Left just wants more of the same. We have to offer a compelling alternative that is based on hope and optimism and grounded in serious policy.
Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate Oct 28, 2015