President Biden and former President Trump Debate (Transcript)

I come from Scranton, Pennsylvania. I come from a household where the kitchen table – if things weren’t able to be met during the month was a problem. Price of eggs, the price of gas, the price of housing, the price of a whole range of things.

That’s why I’m working so hard to make sure I deal with those problems. And we’re going to make sure that we reduce the price of housing. We’re going to make sure we build 2 million new units. We’re going to make sure we cap rents, so corporate greed can’t take over.

The combination… What I was left with, the corporate greed is the reason why we’re in this problem right now. In addition to that, we’re in a situation where, if you had to take a look at all that was done in his administration, he didn’t do much at all. By the time he left, things were in chaos. Literally, chaos. And so we put things back together, we created, I said, those jobs, we’d make sure we had a situation where now we brought down the price of prescription drugs, which is a major issue for many people.

To $15 for an insulin shot as opposed to $400. No senior has to pay more than $200 for any drug, all the drugs, beginning next year. And the situation is we’re going to make that available to everybody, to all Americans. So we’re working to bring down the price around the kitchen table, and that’s what we’re going to get done.

JAKE TAPPER: Thank you. President Trump?

Trump’s Response on the Economy

DONALD TRUMP: We had the greatest economy in the history of our country. We had never done so well. Everybody was amazed by it. Other countries were copying us. We got hit with COVID. And when we did, we spent the money necessary so we wouldn’t end up in a Great Depression the likes of which we had in 1929. By the time we finished – so we did a great job. We got a lot of credit for the economy, a lot of credit for the military, and no wars and so many other things. Everything was rocking good.

But the thing we never got the credit for, and we should have, is getting us out of that COVID mess. He created mandates; that was a disaster for our country. But other than that, we had – we had given them back a – a country where the stock market actually was higher than pre-COVID, and nobody thought that was even possible. The only jobs he created are for illegal immigrants and bounceback jobs; they’re bounced back from the COVID.

He has not done a good job. He’s done a poor job. And inflation’s killing our country. It is absolutely killing us.

JAKE TAPPER: Thank you. President Biden?

Biden’s Rebuttal

JOE BIDEN: Well, look, the greatest economy in the world, he’s the only one who thinks that, I think. I don’t know anybody else who thinks it was great – he had the greatest economy in the world. And, you know, the fact of the matter is that we found ourselves in a situation where his economy – he rewarded the wealthy. He had the largest tax cut in American history, $2 trillion. He raised the deficit larger than any president has in any one term. He’s the only president other than Herbert Hoover who has lost more jobs than he had when he began, since Herbert Hoover. The idea that he did something that was significant.

And the military – you know, when he was president, they were still killing people in Afghanistan. He didn’t do anything about that. When he was president, we still found ourselves in a position where you had a notion that we were this safe country. The truth is, I’m the only president this century that doesn’t have any – this – this decade – doesn’t have any troops dying anywhere in the world, like he did.

Tariffs and Trade

JAKE TAPPER: President Trump, I want to follow up, if I can. You wanted…

DONALD TRUMP: Am I allowed to respond to him?

JAKE TAPPER: Well, I’m going to ask you a follow-up. You can do whatever you want with the minute that we give you.

I want to follow up. You want to impose a 10 percent tariff on all goods coming into the U.S. How will you ensure that that doesn’t drive prices even higher?

DONALD TRUMP: Not going to drive them higher. It’s just going to cause countries that have been ripping us off for years, like China and many others, in all fairness to China – it’s going to just force them to pay us a lot of money, reduce our deficit tremendously, and give us a lot of power for other things.

But he – he made a statement. The only thing he was right about is I gave you the largest tax cut in history. I also gave you the largest regulation cut in history. That’s why we had all the jobs. And the jobs went down and then they bounced back and he’s taking credit for bounceback jobs. You can’t do that.

He also said he inherited 9 percent inflation. No, he inherited almost no inflation and it stayed that way for 14 months. And then it blew up under his leadership, because they spent money like a bunch of people that didn’t know what they were doing. And they don’t know what they were doing. It was the worst – probably the worst administration in history. There’s never been.

And as far as Afghanistan is concerned, I was getting out of Afghanistan, but we were getting out with dignity, with strength, with power. He got out, it was the most embarrassing day in the history of our country’s life.

National Debt and Tax Cuts

JAKE TAPPER: President Trump, over the last eight years, under both of your administrations, the national debt soared to record highs. And according to a new non-partisan analysis, President Trump, your administration approved $8.4 trillion in new debt. While so far, President Biden, you’ve approved $4.3 trillion in new debt.

So former President Trump, many of the tax cuts that you signed into law are set to expire next year. You want to extend them and go even further, you say. With the U.S. facing trillion-dollar deficits and record debt, why should top earners and corporations pay even less in taxes than they do now?

DONALD TRUMP: Because the tax cuts spurred the greatest economy that we’ve ever seen just prior to COVID, and even after COVID. It was so strong that we were able to get through COVID much better than just about any other country. But we spurred – that tax spurred.

Now, when we cut the taxes – as an example, the corporate tax was cut down to 21 percent from 39 percent, plus beyond that – we took in more revenue with much less tax and companies were bringing back trillions of dollars back into our country.

The country was going like never before. And we were ready to start paying down debt. We were ready to start using the liquid gold right under our feet, the oil and gas right under our feet. We were going to have something that nobody else has had. We got hit with COVID. We did a lot to fix it. I gave him an unbelievable situation, with all of the therapeutics and all of the things that we came up with. We – we gave him something great.

Remember, more people died under his administration, even though we had largely fixed it. More people died under his administration than our administration, and we were right in the middle of it. Something which a lot of people don’t like to talk about, but he had far more people dying in his administration.

Biden’s Response on National Debt

JOE BIDEN: He had the largest national debt of any president four-year period, number one. Number two, he got $2 trillion tax cut, benefited the very wealthy. What I’m going to do is fix the taxes.

For example, we have a thousand trillionaires in America – I mean, billionaires in America. And what’s happening? They’re in a situation where they, in fact, pay 8.2 percent in taxes. If they just paid 24 percent or 25 percent, either one of those numbers, they’d raised $500 million – billion dollars, I should say, in a 10-year period.

We’d be able to right – wipe out his debt. We’d be able to help make sure that – all those things we need to do, childcare, elder care, making sure that we continue to strengthen our healthcare system, making sure that we’re able to make every single solitary person eligible for what I’ve been able to do with the COVID – excuse me, with dealing with everything we have to do with.

Look, if – we finally beat Medicare.

DONALD TRUMP: Well, he’s right: He did beat Medicaid. He beat it to death. And he’s destroying Medicare, because all of these people are coming in, they’re putting them on Medicare, they’re putting them on Social Security. They’re going to destroy Social Security.

This man is going to single-handedly destroy Social Security. These millions and millions of people coming in, they’re trying to put them on Social Security. He will wipe out Social Security. He will wipe out Medicare. So he was right in the way he finished that sentence, and it’s a shame.

What’s happened to our country in the last four years is not to be believed. Foreign countries – I’m friends with a lot of people. They cannot believe what happened to the United States of America. We’re no longer respected. They don’t like us. We give them everything they want, and they – they think we’re stupid. They think we’re very stupid people.

What we’re doing for other countries, and they do nothing for us. What this man has done is absolutely criminal.

JAKE TAPPER: Thank you, President Trump. Dana?

Abortion and Roe v. Wade

DANA BASH: This is the first presidential election since the Supreme Court overturned Roe v. Wade. This morning, the court ruled on yet another abortion case, temporarily allowing emergency abortions to continue in Idaho despite that state’s restrictive ban.

Former President Trump, you take credit for the decision to overturn Roe v. Wade, which returned the issue of abortion to the states.

DONALD TRUMP: Correct.

DANA BASH: However, the federal government still plays a role in whether or not women have access to abortion pills. They’re used in about two-thirds of all abortions. As president, would you block abortion medication?

DONALD TRUMP: First of all, the Supreme Court just approved the abortion pill. And I agree with their decision to have done that, and I will not block it. And if you look at this whole question that you’re asking, a complex, but not really complex – 51 years ago, you had Roe v. Wade, and everybody wanted to get it back to the states, everybody, without exception. Democrats, Republicans, liberals, conservatives, everybody wanted it back. Religious leaders.

And what I did is I put three great Supreme Court justices on the court, and they happened to vote in favor of killing Roe v. Wade and moving it back to the states. This is something that everybody wanted.

Now, 10 years ago or so, they started talking about how many weeks and how many of this – getting into other things. But every legal scholar, throughout the world, the most respected, wanted it brought back to the states. I did that.

Now the states are working it out. If you look at Ohio, it was a decision that was – that was an end result that was a little bit more liberal than you would have thought. Kansas I would say the same thing. Texas is different. Florida is different. But they’re all making their own decisions right now. And right now, the states control it. That’s the vote of the people.

Exceptions and Biden’s Response

DONALD TRUMP: Like Ronald Reagan, I believe in the exceptions. I am a person that believes. And frankly, I think it’s important to believe in the exceptions. Some people – you have to follow your heart. Some people don’t believe in that. But I believe in the exceptions for rape, incest and the life of the mother. I think it’s very important. Some people don’t. Follow your heart.

But you have to get elected also and – because that has to do with other things. You got to get elected. The problem they have is they’re radical, because they will take the life of a child in the eighth month, the ninth month, and even after birth – after birth.

DANA BASH: Thank you. President Biden?

JOE BIDEN: It’s been a terrible thing what you’ve done. The fact is that the vast majority of constitutional scholars supported Roe when it was decided, supported Roe. And I was – that’s – this idea that they were all against it is just ridiculous.

And this is the guy who says the states should be able to have it. We’re in a state where in six weeks you don’t even know whether you’re pregnant or not, but you cannot see a doctor, have your – and have him decide on what your circumstances are, whether you need help.

The idea that states are able to do this is a little like saying, we’re going to turn civil rights back to the states, let each state have a different rule.

Immigration and Border Security

JAKE TAPPER: Let’s turn now to the issue of immigration and border security.

President Biden, a record number of migrants have illegally crossed the southern border on your watch, overwhelming border states and overburdening cities such as New York and Chicago, and in some cases causing real safety and security concerns. Given that, why should voters trust you to solve this crisis?

JOE BIDEN: Because we worked very hard to get a bipartisan agreement that not only changed all of that, it made sure that we are in a situation where you had no circumstance where they could come across the border with the number of border police there are now. We significantly increased the number of asylum officers. Significantly – by the way, the Border Patrol endorsed me, endorsed my position.

In addition to that, we found ourselves in a situation where, when he was president, he was taking – separating babies from their mothers, putting them in cages, making sure the families were separated. That’s not the right way to go.

What I’ve done – since I’ve changed the law, what’s happened? I’ve changed it in a way that now you’re in a situation where there are 40 percent fewer people coming across the border illegally. It’s better than when he left office.

JAKE TAPPER: President Trump?

DONALD TRUMP: I really don’t know what he said at the end of that sentence. I don’t think he knows what he said either. Look, we had the safest border in the history of our country. The border – all he had to do was leave it. All he had to do was leave it.

He decided to open up our border, open up our country to people that are from prisons, people that are from mental institutions, insane asylum, terrorists. We have the largest number of terrorists coming into our country right now. All terrorists, all over the world – not just in South America, all over the world. They come from the Middle East, everywhere. All over the world, they’re pouring in. And this guy just left it open.

Deportation and Migrant Crime

JAKE TAPPER: President Trump, staying on the topic of immigration, you’ve said that you’re going to carry out, quote, “the largest domestic deportation operation in American history,” unquote. Does that mean that you will deport every undocumented immigrant in America, including those who have jobs, including those whose spouses are citizens, and including those who have lived here for decades? And if so, how will you do it?

DONALD TRUMP: Can I get one second? He said we killed three people. The people we killed are al-Baghdadi and Salamani (sic), the two greatest terrorists, biggest terrorists anywhere in the world. And it had a huge impact on everything; not just border, on everything.

He’s the one that killed people with the bad border, including hundreds of thousands of people dying, and also killing our citizens when they come in. We – we are living right now in a rat’s nest. They’re killing our people in New York, in California, in every state in the union, because we don’t have borders anymore. Every state is now a border.

And because of his ridiculous, insane and very stupid policies, people are coming in and they’re killing our citizens at a level that we’ve never seen. We call it migrant crime. I call it Biden migrant crime.

They’re killing our citizens at a level that we’ve never seen before. And you’re reading it like these three incredible young girls over the last few days. One of them, I just spoke to the mother, and we just had the funeral for this girl, 12 years old.

This is horrible what’s taken place. What’s taken place in our country, we’re literally an uncivilized country now.

Veterans and Foreign Policy

DONALD TRUMP: He doesn’t want it to be. He just doesn’t know. He opened the borders nobody’s ever seen anything like. And we have to get a lot of these people out and we have to get them out fast, because they’re going to destroy our country.

Just take a look at where they’re living. They’re living in luxury hotels in New York City and other places. Our veterans are on the street, they’re dying, because he doesn’t care about our veterans. He doesn’t care. He doesn’t like the military at all. And he doesn’t care about our veterans.

Nobody’s been worse. I had the highest approval rating for veterans, taking care of the V.A. He has the worst. He’s gotten rid of all the things that I approved, choice, that I got through Congress. All of the different things I approved, they abandoned.

We had, by far, the highest, and now it’s down in less than half because he’s done – all these great things that we did – and I think he did it just because I approved it, which is crazy. But he has killed so many people at our border by allowing all of these people to come in.

JAKE TAPPER: President Biden, you have the mic.

JOE BIDEN: Every single thing he said is a lie, every single one. For example, veterans are a hell of a lot better off since I passed the PACT Act. One million of them now have insurance, and their families have it – and their families have it. Because what happened, whether was Agent Orange or burn pits, they’re all being covered now. And he opposed – his group opposed that.

We’re also in a situation where we have great respect for veterans. My – my son spent a year in Iraq living next to one of those burn pits. Came back with stage four glioblastoma.

I was recently in – in – in France for D-Day, and I spoke to all – about those heroes that died. I went to the World War II cemetery – World War I cemetery he refused to go to. He was standing with his four-star general, and he told him – he said, I don’t want to go in there because they’re a bunch of losers and suckers.

My son was not a loser. He was not a sucker. You’re the sucker. You’re the loser.

Russia and Ukraine

DANA BASH: Let’s move to the topic of foreign policy. I want to begin with Russia’s war against Ukraine, which is now in its third year.

Former President Trump, Russian President Vladimir Putin says he’ll only end this war if Russia keeps the Ukrainian territory it has already claimed and Ukraine abandons its bid to join NATO. Are Putin’s terms acceptable to you?

DONALD TRUMP: First of all, our veterans and our soldiers can’t stand this guy. They can’t stand him. They think he’s the worst commander in chief, if that’s what you call him, that we’ve ever had. They can’t stand him. So let’s get that straight.

And they like me more than just about any of them. And that’s based on every single bit of information.

As far as Russia and Ukraine, if we had a real president, a president that knew – that was respected by Putin, he would have never – he would have never invaded Ukraine.

A lot of people are dead right now, much more than people know. You know, they talk about numbers. You can double those numbers, maybe triple those numbers. He did nothing to stop it. In fact, I think he encouraged Russia from going in.

Middle East and Israel-Hamas Conflict

DANA BASH: Moving on to the Middle East, in October, Hamas attacked Israel, killing more than a thousand people and taking hundreds of hostages. Among those held and thought to still be alive are five Americans. Israel’s response has killed thousands of Palestinians and created a humanitarian crisis in Gaza.

President Biden, you’ve put forward a proposal to resolve this conflict. But so far, Hamas has not released the remaining hostages and Israel is continuing its military offensive in Gaza.

So what additional leverage will you use to get Hamas and Israel to end the war? You have two minutes.

JOE BIDEN: Number one, everyone from the United Nations Security Council straight through to the G7 to the Israelis and Netanyahu himself have endorsed the plan I put forward, endorsed the plan I put forward, which has three stages to it.

The first stage is trade the hostages for a ceasefire. Second phase is a ceasefire with additional conditions. The third phase is know – the end of the war.

The only one who wants the war to continue is Hamas, number one. They’re the only ones standing out. We’re still pushing hard from – to get them to accept.

In the meantime, what’s happened in Israel? We’re finally – the only thing I’ve denied Israel was 2,000-pound bombs. They don’t work very well in populated areas. They kill a lot of innocent people. We are providing Israel with all the weapons they need and when they need them.

DONALD TRUMP: Just going back to Ukraine for one second, we have an ocean separating us. The European nations together have spent $100 billion, or maybe more than that, less than us. Why doesn’t he call them so you got to put up your money like I did with NATO? I got them to put up hundreds of billions of dollars. The secretary general of NATO said Trump did the most incredible job I’ve ever seen. You wouldn’t – they wouldn’t have any – they were going out of business. We were spending – almost 100 percent of the money was – it was paid by us.

He didn’t do that. He is getting all – you got to ask these people to put up the money. We’re over $100 billion more spent, and it has a bigger impact on them, because of location, because we have an ocean in between. You got to ask them.

As far as Israel and Hamas, Israel’s the one that wants to go – he said the only one who wants to keep going is Hamas. Actually, Israel is the one. And you should them go and let them finish the job.

He doesn’t want to do it. He’s become like a Palestinian. But they don’t like him, because he’s a very bad Palestinian. He’s a weak one.

NATO and Foreign Policy

JOE BIDEN: I’ve never heard so much foolishness. This is a guy who wants to get out of NATO. You’re going to stay in NATO or you’re going to pull out of NATO?

The idea that we have – our strength lies in our alliances as well. It may be a big ocean, but were we ever able to avoid a war in Europe, a major war in Europe? What happens if, in fact, you have Putin continue to go into NATO? We have an Article Five agreement, attack on one is attack on all. You want to start the nuclear war he keeps talking about, go ahead, let Putin go in and control Ukraine and then move on to Poland and other places. See what happens then.

He has no idea what the hell he’s talking about. And by the way, I got 50 other nations around the world to support Ukraine, including Japan and South Korea, because they understand that this was – this – this kind of dislocation has a serious threat to the whole world peace. No – no major war in Europe has ever been able to be contained just to Europe.

DANA BASH: President Trump, just to follow up, would you support the creation of an independent Palestinian state in order to achieve peace in the region?

DONALD TRUMP: I’d have to see. But before we do that, the problem we have is that we spend all the money. So they kill us on trade. I made great trade deals with the European nations, because if you add them up, they’re about the same size economically. Their economy is about the same size as the United States. And they were – no cars. No – they don’t want anything that we have. But we’re supposed to take their cars, their food, their everything, their agriculture. I changed that.

But the big thing I changed is they don’t want to pay. And the only reason that he can play games with NATO is because I got them to put up hundreds of billions of dollars. I said – and he’s right about this, I said, no, I’m not going to support NATO if you don’t pay. They asked me that question: Would you guard us against Russia? – at a very secret meeting of the 28 states at that time, nations at that time. And they (sic) said, no, if you don’t pay, I won’t do that. And you know what happened? Billions and billions of dollars came flowing in the next day and the next months.

But now, we’re in the same position. We’re paying everybody’s bills.

January 6th and Democracy

JAKE TAPPER: Let’s turn to the issue of democracy. Former President Trump, I want to ask you about January 6, 2021.

After you rallied your supporters that day, some of them stormed the Capitol to stop the constitutionally mandated counting of electoral votes. As president, you swore an oath to, quote, “preserve, protect and defend,” unquote, the Constitution. What do you say to voters who believe that you violated that oath through your actions and inaction on January 6th and worry that you’ll do it again?

DONALD TRUMP: Well, I don’t think too many believe that. And let me tell you about January 6th, on January 6th, we had a great border, nobody coming through, very few. On January 6th, we were energy independent. On January 6th, we had the lowest taxes ever, we had the lowest regulations ever. On January 6th, we were respected all over the world.

All over the world we were respected, and then he comes in, and we’re now laughed at, we’re like a bunch of stupid people. What happened to the United States’ reputation under this man’s leadership is horrible, including weaponization, which I’m sure at some point you’ll be talking about, where he goes after his political opponent because he can’t beat him fair and square.

JAKE TAPPER: You have 80 seconds left. My question was: What do you say to those voters who believe that you violated your constitutional oath through your actions, inaction on January 6th, 2021, and worry that you’ll do it again?

DONALD TRUMP: Well, I didn’t say that to anybody. I said peacefully and patriotically. And Nancy Pelosi, if you just watch the news from two days ago, on tape to her daughter, who’s a documentary filmmaker, as they say, what she’s saying, oh, no, it’s my responsibility, I was responsible for this. Because I offered her 10,000 soldiers or National Guard, and she turned them down. And the mayor of – in writing, by the way, the mayor. In writing turned it down, the mayor of D.C. They turned it down.

I offered 10,000 because I could see – I had virtually nothing to do. They asked me to go make a speech. I could see what was happening. Everybody was saying they’re going to be there on January 6th. They’re going to be there. And I said, you know what? There’s a lot of people coming, you could feel it. You could feel it too. And you could feel it. And I said, they ought to have some National Guard or whatever.

Legal Issues and Political Opponents

JAKE TAPPER: After a jury convicted you of 34 felonies last month, you said if re-elected you would, quote, “have every right to go after,” unquote, your political opponents. You just talked about members of the Select Committee on January 6th going to jail.

Your main political opponent is standing on stage with you tonight. Can you clarify exactly what it means about you feeling you have every right to go after your political opponents?

DONALD TRUMP: Well, I said my retribution is going to be success. We’re going to make this country successful again, because right now it’s a failing nation. My retribution’s going to be success.

But when he talks about a convicted felon, his son is a convicted felon at a very high level. His son is convicted. Going to be convicted probably numerous other times. He should have been convicted before, but his Justice Department let the statute of limitations lapse on the most important things.

But he could be a convicted felon as soon as he gets out of office. Joe could be a convicted felon with all of the things that he’s done. He’s done horrible things. All of the death caused at the border, telling the Ukrainian people that we’re going to want a billion dollars or you change the prosecutor, otherwise, you’re not getting a billion dollars.

If I ever said that, that’s quid pro quo. That – we’re not going to do anything, we’re not going to give you a billion dollars unless you change your prosecutor having to do with his son.

This man is a criminal. This man – you’re lucky. You’re lucky. I did nothing wrong. We’d have a system that was rigged and disgusting. I did nothing wrong.

JOE BIDEN: The idea that I did anything wrong relative to what you’re talking about is outrageous. It’s simply a lie, number one.

Number two, the idea that you have a right to seek retribution against any American just because you’re a president is wrong, is simply wrong. No president’s ever spoken like that before. No president in our history has spoken like that before.

Number three, the crimes that you are still charged with – and think of all the civil penalties you have. How many billions of dollars do you owe in civil penalties for molesting a woman in public, for doing a whole range of things, of having sex with a porn star on the night – and – while your wife was pregnant?

I mean, what are you talking about? You have the morals of an alley cat.

DONALD TRUMP: I didn’t have sex with a porn star, number one. Number two, that was a case that was started and moved – they moved a high-ranking official, a DOJ, into the Manhattan D.A.’s office to start that case. That case is going to be appealed in one.

We had a very terrible judge, a horrible judge, Democrat. The prosecutor were all high-ranking Democrats, appointed people. And the – both the civil and the criminal.

Legal Issues and Political Opposition

DONALD TRUMP: He basically went after his political opponent because he thought it was going to damage me. But when the public found out about these cases – because they understand it better than he does, he has no idea what these cases are. But when he – they – when they found out about these cases, you know what they did? My poll numbers went up way up. You know that because you’re reporting it. And we took in more money in the last two weeks than we’ve ever taken in in the history of any campaign, I don’t think any campaign has ever taken.

Hundreds of millions of dollars came pouring in because the public knows it’s a scam and it’s a guy that’s after his political opponent because he can’t win fair and square.

JAKE TAPPER: President Biden, you have said, quote, “Donald Trump and his MAGA Republicans are determined to destroy American democracy.” Do you believe that the tens of millions of Americans who are likely to vote for President Trump will be voting against American democracy?

JOE BIDEN: The more they know about what he’s done, yes. The more they know about what he’s done.

And there’s a lot more coming. He’s got a lot of cases around the road coming around. He’s got – he’s got a whole range of issues he has to face. I don’t know what the juries will do, but I do know – I do know he has a real problem.

And so the fact that – could you ever think you’re hearing any president say that, I’m going to seek retribution? Do you ever hear any president say that he thought it might be a good idea?

Race and Equality

DANA BASH: President Biden, while black unemployment dropped to a record low under your presidency, black families still earn far less than white families. Black mothers are still three times more likely to die from pregnancy related causes. And black Americans are imprisoned at five times the rate of white Americans. What do you say to black voters who are disappointed that you haven’t made more progress?

JOE BIDEN: They acknowledge he made a lot of progress, number one. The facts of the matter is more small black businesses that have been started in any time in history. Number two, the wages of black – black unemployment is the lowest level it has been in a long, long time. Number three, we find them – they’re trying to provide housing for black Americans and dealing with segregation that exists among these corporate – these corporate operations that collude to keep people out of their houses.

And in addition to that, we find that the impact of, on the – the choice that black families have to make relative to childcare is incredibly difficult. When we did the first major piece of legislation in the past, I was able to reduce black childcare costs. I cut them in half, in half. We’ve got to make sure we provide for childcare costs. We’ve got to make sure – because when you provide that childcare protections, you increase economic growth because more people can be in the – in the job market.

So there’s more to be done, considerably more to be done, but we’ve done a great deal so far and I’m not letting up and they know it.

DONALD TRUMP: And he caused the inflation. He’s blaming inflation. And he’s right, it’s been very bad. He caused the inflation and it’s killing black families and Hispanic families and just about everybody. It’s killing people. They can’t buy groceries anymore. They can’t.

You look at the cost of food where it’s doubled and tripled and quadrupled. They can’t live. They’re not living anymore. He caused this inflation.

I gave him a country with no, essentially no inflation. It was perfect. It was so good. All he had to do is leave it alone. He destroyed it with his green new scam and all of the other – all this money that’s being thrown out the window.

He caused inflation. As sure as you’re sitting there, the fact is that his big kill on the black people is the millions of people that he’s allowed to come in through the border. They’re taking black jobs now and it could be 18. It could be 19 and even 20 million people. They’re taking black jobs and they’re taking Hispanic jobs and you haven’t seen it yet, but you’re going to see something that’s going to be the worst in our history.

Climate Change and Environmental Policy

DANA BASH: Another persistent challenge is the climate crisis. 2023 was the hottest year in recorded history, and communities across the country are confronting the devastating effects of extreme heat, intensifying wildfires, stronger hurricanes, and rising sea levels.

Former President Trump, you’ve vowed to end your opponent’s climate initiatives. But, will you take any action as President to slow the climate crisis?

DONALD TRUMP: Well, let me just go back to what he said about the police, how close the police are to him. Almost every police group in the nation from every state is supporting Donald J. Trump, almost every police group. And what he has done to the black population is horrible, including the fact that for 10 years he called them super predators. We can’t, in the 1990s, we can’t forget that. Super predators was his name. And he called it to them for 10, and they’ve taken great offense at it, and now they see it happening.

But, when they see what I did for criminal justice reform and for the historically black colleges and universities, where I funded them and got them all funded, and the opportunity zones with Tim. As you know, Tim Scott was – incredible, he did a great job, a great Senator from South Carolina. He came to me with the idea and it was a great idea. It’s one of the most successful economic development acts ever in the country, opportunity zones. And the biggest beneficiary are blacks. And that’s why we have the best numbers with them in maybe ever, they’re saying ever, I read this morning, wherever, the best numbers, he has lost much of the black population because he has done a horrible job for black people. He has also done a horrible job for Hispanics.

But, why do you see these millions of people pouring into our country and they’re going to take the jobs? And it’s already started. And you haven’t seen anything yet. It’s a disaster.

JOE BIDEN: I don’t know where the hell he has been. The idea that, Dana, he said is true. I’ve passed the most extensive, it was the most extensive climate change legislation in history, in history. We find ourselves – and by the way, black colleges, I came up with $50 billion for HBCUs, historic black universities and colleges, because they don’t have the kind of contributors that they have to build these laboratories and the like. Any black student is capable in college of doing what any white student can do. They just have the money. But now, they’ll be able to get those jobs in high tech.

We’re in a situation where the idea that he kind of is claiming to have done something that had the cleanest water, the cleanest water? He had not done a damn thing with the environment. He – out of the Paris Peace Accord – Climate Accord, I immediately joined it, because if we reach for 1.5 degrees Celsius at any one point, well, there is no way back. The only existential threat to humanity is climate change. And he didn’t do a damn thing about it. He wants to undo all that I’ve done.

DONALD TRUMP: The Paris Accord was going to cost us a trillion dollars, and China nothing, and Russia nothing, and India nothing. It was a ripoff of the United States. And I ended it because I didn’t want to waste that money because they treat us horribly. We were the only ones – it was costing us money. Nobody else was paying into it. And it was a disaster.

But, everything that he said just now, I’ll give you an example. I heard him say before insulin, I’m the one that got the insulin down for the seniors. I took care of the seniors. What he is doing is destroying all of our medical programs because the migrants coming in. They want everybody. And look, I have the biggest heart on the stage. I guarantee you that. And I want to take care of people. But, we’re destroying our country. They’re taking over our schools, our hospitals, and they’re going to be taking over Social Security. He is destroying Social Security, Medicare and Medicaid.

Social Security and Healthcare

JAKE TAPPER: So every day millions of Americans struggle just to make ends meet. For many older Americans, Social Security provides a critical lifeline.

President Biden, if nothing is done to Social Security, seniors will see their benefits cut in just over 10 years. Will you name tonight one specific step that you’re willing to take to keep Social Security solvent?

JOE BIDEN: Yes, make the very wealthy begin to pay their fair share. Right now, everybody making under $170,000 pays 6 percent of their income, of their paycheck, every single time they get a paycheck, from the time of the first one they get when they’re 18 years old.

The idea that they’re going to – I’m not – I’ve been proposing that everybody, they pay – millionaires pay 1 percent – 1 percent. So no one after – I would not raise the cost of Social Security for anybody under $400,000. After that, I begin to make the wealthy begin to pay their fair share, by increasing from 1 percent beyond, to be able to guarantee the program for life.

DONALD TRUMP: So I’ve dealt with politicians all my life. I’ve been on this side of the equation for the last eight years. I’ve never seen anybody lie like this guy. He lies – I’ve never seen it. He could look you in the face. So – and about so many other things, too.

And we mentioned the laptop, We mentioned “Russia, Russia, Russia,” “Ukraine, Ukraine, Ukraine.” And everything he does is a lie. It’s misinformation and disinformation. The “losers and suckers” story that he made up is a total lie on the military. It’s a disgrace.

But Social Security, he’s destroying it. Because millions of people are pouring into our country, and they’re putting them on to Social Security; they’re putting them on to Medicare, Medicaid. They’re putting them in our hospitals. They’re taking the place of our citizens.

They’re – what they’re doing to the V.A., to our veterans, is unbelievable. Our veterans are living in the street and these people are living in luxury hotels. He doesn’t know what he’s doing. And it – it’s really coming back. I’ve never seen such anger in our country before.

Childcare and Economic Issues

JAKE TAPPER: Let’s turn to the cost of childcare, which many American families struggle to afford.

President Trump, both you and President Biden have tried to address this issue, but the average cost of childcare in this country has risen to more than $11,000 a year per child. For many families, the cost of childcare for two children is more than their rent. In your second term, what would you do to make childcare more affordable?

DONALD TRUMP: Just to go back. The general got fired because he was no good. And if he said that, that’s why he made it up. But we have 19 people that said I didn’t say it, and they’re very highly respected, much more so than him.

The other thing is, he doesn’t fire people. He never fired people. I’ve never seen him fire anybody. I did fire a lot. I fired Comey because he was no good. I fired a lot of the top people at the FBI, drained the swamp. They were no good. Not easy to fire people. You’d pay a price for it, but they were no good. I inherited these people. I didn’t put him there. I didn’t put Comey there. He was no good. I fired him.

This guy hasn’t fired anybody. He never fires. He should have fired every military man that was involved with that Afghan – the Afghanistan horror show. The most embarrassing moment in the history of our country. He didn’t fire?

Did you fire anybody? Did you fire anybody that’s on the border, that’s allowed us to have the worst border in the history of the world? Did anybody get fired for allowing 18 million people, many from prisons, many from mental institutions? Did you fire anybody that allowed our country to be destroyed? Joe, our country is being destroyed as you and I sit up here and waste a lot of time on this debate. This shouldn’t be a debate.

JOE BIDEN: We are the most admired country in the world. We’re the United States of America. There’s nothing beyond our capacity. We have the finest military in the history of the world. The finest in the history of the world. No one thinks we’re weak. No one wants to screw around with us. Nobody. Number one.

Number two, the idea that we’re talking about worst presidents. I wasn’t joking. Look it up. Go online. 159 or 58, don’t hold me to the exact number, presidential historians. They’ve had meetings and they voted who’s the worst president in American history. One through best to worst. They said he was the worst in all of American history. That’s a fact. That’s not conjecture. He can argue they are wrong, but that’s what they voted.

The idea that he is doing anything to deal with child care. He did very – virtually nothing to child care. We should significantly increase the child care tax credit. We should significantly increase the availability of women and men for child or single parents to be able to go back to work, and we should encourage businesses to hold – to have child care facilities.

DONALD TRUMP: Just you understand, we have polling. We have other things that do – they rate him the worst because what he’s done is so bad. And they rate me – yes, I’ll show you. I will show you. And they rate me one of the best. OK.

And if I’m given another four years, I will be the best. I think I’ll be the best. Nobody’s ever created an economy like us. Nobody ever cut taxes like us. He’s the only one I know. He wants to raise your taxes by four times. He wants to raise everybody’s taxes by four times. He wants the Trump tax cuts to expire so everybody, including the two of you are going to pay four to five times. Nobody ever heard of this before.

All my life I’d grow up and I’d see politicians talking about cutting taxes. When we cut taxes, as I said, we did more business. Apple and all these companies, they were bringing money back into our country. The worst president in history by far, and everybody knows it.

JOE BIDEN: Look, the fact of the matter is that he’s dead wrong about it. He’s increased the tariff – he’s increased – he will increase the taxes on middle class people. I said I’d never raise a tax on anybody making less than $400,000. I didn’t.

But this tariff, this 10 percent tariffs. Everything coming into the country, you know what the economists say? That’s going to cost the average American $2,500 a year and more, because they’re going to have to pay the difference in food and all the things that are very important.

Number two, he’s in a situation where he talks about how he has not raised – he somehow helped the middle class. The middle class has been devastated by you. Now you want a new tax cut of $5 trillion over the next ten years, which is going to fundamentally bankrupt the country. You had the largest deficit of any president in American history, number one.

Number two, you have not, in fact, made any contact, any progress with China. We are the lowest trade deficit with China since 2010.

Opioid Crisis

JAKE TAPPER: Let’s discuss an epidemic impacting millions of Americans that both of you have made a top priority in your first term, the opioid crisis. And for both of you, the number of overdose deaths in this country has gone up. Under your term, it went up. Under your term, it has gone up.

Former President Trump, despite the efforts that both of you have made, more than 100,000 Americans are dying from overdoses every year, primarily from fentanyl and other opioids. What will you do to help Americans right now in the throes of addiction, who are struggling to get the treatment they need?

DONALD TRUMP: To finish up, we now have the largest deficit in the history of our country under this guy, we have the largest deficit with China. He gets paid by China. He’s a Manchurian candidate. He gets money from China. So I think he’s afraid to deal with him or something.

But do you notice? He never took out my tariffs because we bring in so much money with the tariffs that I imposed on China. He never took them away. He can’t because it’s too much money. It’s tremendous. And we saved our steel industries. And there was more to come, but he hasn’t done that.

But he hasn’t cut the tariffs because he can’t, because it’s too much money. But he’s got the largest deficit in the history of our country and he’s got the worst situation with China. China is going to own us if you keep allowing them to do what they’re doing to us as a country. They are killing us as a country, Joe, and you can’t let that happen. You’re destroying our country.

JAKE TAPPER: So, President Trump, you have 67 seconds left. The question was, what are you going to do to help Americans in the throes of addiction right now who are struggling to get the treatment they need?

DONALD TRUMP: Jake, we’re doing very well at addiction until the COVID came along. We had the two-and-a-half, almost three years of like nobody’s ever had before, any country in every way. And then we had to get tough. And it was – the drugs pouring across the border, we’re – it started to increase.

We got great equipment. We bought the certain dog. That’s the most incredible thing that you’ve ever seen, the way they can spot it. We did a lot. And we had – we were getting very low numbers. Very, very low numbers.

Then he came along. The numbers – have you seen the numbers now? It’s not only the 18 million people that I believe is even low, because the gotaways, they don’t even talk about gotaways. But the numbers of – the amount of drugs and human trafficking in women coming across our border, the worst thing I’ve ever seen at numbers – nobody’s ever seen under him because the border is so bad. But the number of drugs coming across our border now is the largest we’ve ever had by far.

JOE BIDEN: Fentanyl and the byproducts of fentanyl went down for a while. And I wanted to make sure we use the machinery that can detect fentanyl, these big machines that roll over everything that comes across the border, and it costs a lot of money. That was part of this deal we put together, this bipartisan deal.

More fentanyl machines, were able to detect drugs, more numbers of agents, more numbers of all the people at the border. And when we had that deal done, he went – he called his Republican colleagues said don’t do it. It’s going to hurt me politically.

He never argued it’s not a good bill. It’s a really good bill. We need those machines. We need those machines. And we’re coming down very hard in every country in Asia in terms of precursors for fentanyl. And Mexico is working with us to make sure they don’t have the technology to be able to put it together. That’s what we have to do. We need those machines.

Age and Capability Concerns

DANA BASH: Let’s turn to concerns that voters have about each of you.

President Biden, you would be 86 at the end of your second term. How do you address concerns about your capability to handle the toughest job in the world well into your 80s?

JOE BIDEN: Well, first of all, I spent half my career being – being criticized being the youngest person in politics. I was the second-youngest person ever elected to the United States Senate. And now I’m the oldest. This guy’s three years younger and a lot less competent. I think that just look at the record. Look what I’ve done. Look how I’ve turned around the horrible situation he left me.

As I said, 50 million new jobs, 800,000 manufacturing jobs, more investment in America, over millions – billions of dollars in private investment and – and enterprises that we are growing. We’ve – by the way, we brought an awful a lot of people – the whole idea of computer chips. We used to have 40 percent of the market. We invented those chips. And we lost it because he was sending people to cheap – to find the cheapest jobs overseas and to bring home a product.

So I went – I went to South Korea. I convinced Samsung to invest billions of dollars here in the United States. And then guess what? Those fabs, they call them, to – to build these chips, those fabs pay over $100,000. You don’t need a college degree for them. And there’s billions, about $40 billion already being invested and being built right now in the United States, creating significant jobs for Americans all over – from all over the world.

DANA BASH: Former President Trump, to follow up, you would be 82 at the end of your second term. What do you say to voters who have concerns about your capabilities to serve?

DONALD TRUMP: Well, I took two tests, cognitive tests. I aced them, both of them, as you know. We made it public. He took none. I’d like to see him take one, just one, a real easy one. Like go through the first five questions, he couldn’t do it. But I took two cognitive tests. I took physical exams every year. And, you know, we knock on wood, wherever we may have wood, that I’m in very good health. I just won two club championships, not even senior, two regular club championships. To do that, you have to be quite smart and you have to be able to hit the ball a long way. And I do it. He doesn’t do it. He can’t hit a ball 50 yards. He challenged me to a golf match. He can’t hit a ball 50 yards.

I think I’m a very good shape. I feel that I’m in as good a shape as I was 25, 30 years ago. Actually, I’m probably a little bit lighter. But I’m in as good a shape as I was years ago. I feel very good. I feel the same.

But I took – I was willing to take a cognitive test. And you know what, if I didn’t do well – I aced them. Dr. Ronny Jackson, who’s a great guy, when he was White House doctor. And then I took another one, a similar one, and both – one of them said they’d never seen anybody ace them.

JOE BIDEN: You’re going to see he’s six-foot-five and only 225 pounds – or 235 pounds.

DONALD TRUMP: (inaudible).

JOE BIDEN: Well, you said six-four, 200.

DONALD TRUMP: (inaudible).

JOE BIDEN: Well, anyway, that’s – anyway, just take a look at what he says he is and take a look at what he is.

Look, I’d be happy to have a driving contest with him. I got my handicap, which, when I was vice president, down to a 6.

And by the way, I told you before I’m happy to play golf if you carry your own bag. Think you can do it?

DONALD TRUMP: That’s the biggest lie that he’s a 6 handicap, of all.

JOE BIDEN: I was 8 handicap.

DONALD TRUMP: Yeah.

JOE BIDEN: Eight, but I have – you know how many…

DONALD TRUMP: I’ve seen your swing, I know your swing.

Accepting Election Results

DANA BASH: To you, a specific concern that voters have about you. Will you pledge tonight that once all legal challenges have been exhausted that you will accept the results of this election regardless of who wins and you will say right now that political violence in any form is unacceptable?

DONALD TRUMP: Well, I shouldn’t have to say that, but, of course, I believe that. It’s totally unacceptable.

And if you would see my statements that I made on Twitter at the time, and also my statement that I made in the Rose Garden, you would say it’s one of the strongest statements you’ve ever seen.

In addition to the speech I made, in front of, I believe, the largest crowd I’ve ever spoken to, and I will tell you, nobody ever talks about that. They talk about a relatively small number of people that went to the Capitol. And in many cases were ushered in by the police.

And as Nancy Pelosi said, it was her responsibility, not mine. She said that loud and clear.

But the answer is, if the election is fair free, and I want that more than anybody. And I’ll tell you something – I wish he was a great president because I wouldn’t be here right now. I’d be at one of my many places enjoying myself. I wouldn’t be under indictment because I wouldn’t have been his political appoint – you know, opponent. Because he indicted me because I was his opponent.

I wish he was a great president. I would rather have that.

I wouldn’t be here. I don’t mind being here, but the only reason I’m here is he’s so bad as a president that I’m going to make America great again. We’re going to make America great again.

We’re a failing nation right now. We’re a seriously failing nation. And we’re a failing nation because of him.

Foreign Policy and World Affairs

DONALD TRUMP: His policies are so bad. His military policies are insane. They’re insane.

These are wars that will never end with him. He will drive us into World War Three and we’re closer to World War Three than anybody can imagine. We are very, very close to World War Three, and he’s driving us there.

And Kim Jong-Un, and President Xi of China – Kim Jong-Un of North Korea, all of these – Putin – they don’t respect him. They don’t fear him. They have nothing going with this gentleman and he’s going to drive us into World War Three.

JOE BIDEN: If you want a World War 3, let him follow and win, and let Putin say, do what you want to NATO – just do what you want.

There’s a thing called Article Five, an attack on one is attack on all, a required response.

The idea – the idea – I can’t think of a single major leader in the world who wouldn’t trade places with what job I’ve done and what they’ve done because we are a powerful nation, we have wonderful peace, because of the people, not me, because of the American people. They’re capable of anything and they step up when they’re needed.

And right now, we’re needed. We’re needed to protect the world because our own safety is at stake.

And again, you want to have war, just let Putin go ahead and take Kyiv, make sure they move on, see what happens in Poland, Hungary, and other places along that border. Then you have a war.

Closing Statements

JAKE TAPPER: It is now time for the candidates to deliver their closing statements.

As predetermined by a coin toss, we’re going to begin with you, President Biden. You have two minutes.

JOE BIDEN: We’ve made significant progress from the debacle that was left by President Trump in his – in his last term.

We find ourselves in a situation where, number one, we have to make sure that we have a fair tax system. I ask anyone out there in the audience, or anyone out watching this debate, do you think the tax system is fair?

The fact is that I said, nobody even making under $400,000 had a single penny increasing their taxes and it will not. And if I’m reelected, that’ll be the case again.

But this guy is – has increased your taxes because of the deficit. Number one, he’s increased inflation because of the debacle he left after – when he handled the pandemic. And he finds himself in a position where he now wants to tax you more by putting a 10 percent tariff on everything that comes into the United States America.

What I did, when, for example, he wants to get away with – and get rid of the ability of Medicare to – for the ability to – for the – us to be able to negotiate drug prices with big pharma companies.

Well, guess what? We got it – we got it down to 15 – excuse me, $35 for insulin instead of $400. No more than $2,000 for every senior no matter what they – how much prescription they need.

You know what that did? That reduced the federal debt by $160 billion over 10 years because the government doesn’t have to pay the exorbitant prices.

I’m going to make that available to every senior, all – or go longer. It’s happening now, and everybody in America. He wants to get rid of that.

We have – I’m going to make sure we have childcare. We’re going to significantly increase the credit people have for childcare. I’m going to make sure we do something about what we’re doing on lead pipes and all the things that are causing health problems for people across the country.

We’re going to continue to fight to bring down inflation and give people a break.

DONALD TRUMP: Like so many politicians, this man is just a complainer. He said we want to do this. We want to do that. We want to get rid of this tax, that tax, but he doesn’t do anything. He doesn’t do.

All he does is make our country unsafe by allowing millions and millions of people to pour in. Our military doesn’t respect him. We look like fools in Afghanistan.

We didn’t stop – Israel, it was such a horrible thing that would have never happened. It should have never happened.

Iran was broke. Anybody that did business with Iran, including China, they couldn’t do business with the United States. They all passed.

Iran was broke. They had no money for Hamas or Hezbollah, for terror, no money whatsoever.

Again, Ukraine should have never happened.

He talks about all this stuff, but he didn’t do it. For three-and-a-half years, we’re living in hell. We have the Palestinians and we have everybody else rioting all over the place.

You talk about Charlottesville. This is 100 times Charlottesville, 1,000 times.

The whole country is exploding because of you, because they don’t respect you. And they have to respect their president and they don’t respect you throughout the world.

What we did was incredible. We re – rebuilt the military. We got the largest tax cut in history, the largest regulation cut in history.

The reason he’s got jobs is because I cut the regulations that gave jobs, but he’s putting a lot of those regulations back on.

All of the things that we’ve done, nobody’s ever – never seen anything like – even from a medical standpoint. Right to Try, where we can try Space Age materials instead of going to Asia or going to Europe and trying to get when you’re terminally ill.

Now, you can go and you can get something. You sign a document. They’ve been trying to get it for 42 years.

But you know what we did for the military was incredible. Choice for our soldiers, where our soldiers, instead of waiting for three months to see a doctor, can go out and get themselves fixed up and readied up, and take care of themselves and they’re living. And that’s why I had the highest approval rating of the history of the V.A.

So, all of these things – we’re in a failing nation, but it’s not going to be failing anymore. We’re going to make it great again.

DANA BASH:  Thank you, former President Trump, President Biden.

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