:00:09. > :00:15.I'm Katty Kay in New York City where a day after America's first
:00:16. > :00:17.presidential debate, the campaigns of Hillary Clinton and Donald Trump
:00:18. > :00:38.are busy assessing the fallout. It's the morning after the big
:00:39. > :00:42.debate. Here in America, Hillary Clinton and Donald Trump are losing
:00:43. > :00:45.no time getting back out on the campaign trail, she's in North
:00:46. > :00:52.Carolina, critical state and he is in Florida trying to persuade voters
:00:53. > :00:56.to cast ballots in November and trying to persuade voters,
:00:57. > :00:59.campaigners and supporters that they won the crucial presidential debate
:01:00. > :01:02.last night. Some 80 million Americans tuned in
:01:03. > :01:07.to watch as Hillary Clinton and Donald Trump took to the stage at
:01:08. > :01:14.host renews bursty in non-violent, shook hands and then the fun began,
:01:15. > :01:20.90 minutes long, it whizzed by -- Hof Street University.
:01:21. > :01:23.It was feisty, combated, the odd bit of policy was squeezed in and the
:01:24. > :01:28.general consensus the day after seems to be Hillary Clinton had a
:01:29. > :01:35.strong debate but that there were no Knockout Punch is against her rival
:01:36. > :01:37.Republican Donald Trump. The debate was moderated by Lester Holt of NBC
:01:38. > :01:44.News. Beginning with you,
:01:45. > :01:45.Secretary Clinton, why are you a better choice
:01:46. > :01:48.than your opponent to create the kind of jobs that will put more
:01:49. > :01:50.money into the pockets The central question in this
:01:51. > :01:54.election is really what kind of country we want to be
:01:55. > :01:56.and what kind of future Today is my granddaughter's second
:01:57. > :02:00.birthday so I think First we have to build an economy
:02:01. > :02:03.that works for everyone, That means we need new good jobs
:02:04. > :02:08.with rising incomes. I want us to invest in you,
:02:09. > :02:13.I want us to invest in your future. That means jobs in infrastructure,
:02:14. > :02:16.advanced manufacturing, innovation and technology,
:02:17. > :02:18.clean renewable energy and small business because most
:02:19. > :02:20.of the new jobs will come We also have to make
:02:21. > :02:29.the economy fairer. That starts with raising
:02:30. > :02:31.the national minimum wage and also guarantee finally equal
:02:32. > :02:39.pay for women's work. I also want to see more
:02:40. > :02:42.companies do profit-sharing. If you help create profits,
:02:43. > :02:45.you should be able to share in them, I want us to do more to support
:02:46. > :02:49.people who are struggling I have heard from so many
:02:50. > :03:03.of you about the difficult choices you face and the stresses
:03:04. > :03:05.that you are under - family leave, and sick days,
:03:06. > :03:08.affordable child care and debt free college,
:03:09. > :03:10.by having the wealthy pay their fair share and close
:03:11. > :03:19.corporate loopholes. Finally, we tonight
:03:20. > :03:21.are on the stage together, We are going to have a debate
:03:22. > :03:27.where we are talking about the important issues
:03:28. > :03:29.facing our country. You have to judge us,
:03:30. > :03:33.who can shoulder the immense awesome Who can put into action plans that
:03:34. > :03:43.will make your life better? I hope that I will be able
:03:44. > :03:46.to earn your vote on November eight. Secretary Clinton, thank you,
:03:47. > :03:48.Mr Trump, the same question, putting more money into the pockets
:03:49. > :03:51.of American workers. They are going to Mexico, they are
:03:52. > :04:00.going to many other countries. You look at what China is doing
:04:01. > :04:03.to our country in terms of making our product,
:04:04. > :04:05.they are devaluing their currency and there's nobody in our
:04:06. > :04:07.government to fight them. And we have a very good fight
:04:08. > :04:11.and we have a winning fight. Because they are using our country
:04:12. > :04:14.as a piggy bank to rebuild China and many other countries
:04:15. > :04:17.are doing the same thing. So we are losing our good jobs,
:04:18. > :04:21.so many of them. When you look at what is happening
:04:22. > :04:28.in Mexico, a friend of mine who builds plants says
:04:29. > :04:30.they are building some of the biggest plants anywhere
:04:31. > :04:32.in the world, some of the most sophisticated,
:04:33. > :04:34.some of the best plants. With the United States,
:04:35. > :04:39.as he said, not so much. You see this, the small
:04:40. > :04:46.car division, leaving. Thousands of jobs leaving
:04:47. > :04:48.Michigan, leaving Ohio. They are all leaving and we can't
:04:49. > :04:54.allow it to happen any more. As far as childcare is concerned,
:04:55. > :05:05.and so many other things, I think Hillary and I agree on that,
:05:06. > :05:08.we disagree a little bit as to numbers and amounts and what we're
:05:09. > :05:12.going to do but perhaps it will talk But we have to do stop our jobs
:05:13. > :05:16.from being stolen from us, we have to stop our companies
:05:17. > :05:18.from leaving the United States and with it, firing all
:05:19. > :05:20.of their people. All you have to do is take a look
:05:21. > :05:23.at the air conditioning company in Indianapolis,
:05:24. > :05:25.they fired 1400 people Hundreds of companies
:05:26. > :05:28.are doing this. Under my plan, I will
:05:29. > :05:39.be reducing taxes, from 35% to 15% for companies,
:05:40. > :05:42.but will be a job creator like we haven't seen since Ronald
:05:43. > :05:46.Reagan. It will be a beautiful
:05:47. > :05:48.thing to watch. Companies will build,
:05:49. > :05:50.they will expand, new companies will start and I look very much
:05:51. > :05:54.forward to doing it. We have to renegotiate our trade
:05:55. > :06:00.deals and we have to stop these countries from stealing our
:06:01. > :06:02.companies and our jobs. I think that trade
:06:03. > :06:05.is an important issue. We are 5% of the world's population,
:06:06. > :06:15.we have to trade with the other 95%. And we need to have smart,
:06:16. > :06:17.fair trade deals. We also need to have a tax
:06:18. > :06:19.system that rewards work, And the kind of plan that Donald has
:06:20. > :06:24.put forward would be trickle down In fact it would be the most extreme
:06:25. > :06:35.version, the biggest tax cuts for the top percent
:06:36. > :06:37.of the people in this country, I call it Trumped-Up
:06:38. > :06:44.trickle-down because that is We just have a different view
:06:45. > :06:50.about what is best for growing the economy, how we make
:06:51. > :06:53.investments that will produce I think we come at it from
:06:54. > :06:56.different perspectives. Donald was very fortunate
:06:57. > :07:00.in his life and that's He started his business with $40
:07:01. > :07:10.million borrowed from his father. And he really believes that the more
:07:11. > :07:13.you help wealthy people, the better off we will be
:07:14. > :07:15.and everything will work out My father was a small businessman,
:07:16. > :07:24.he worked hard, he printed fabrics on long tables where he pulled out
:07:25. > :07:35.those fabrics and went down with a silk screen and dumped
:07:36. > :07:37.the pain in and took The more we can do for the middle
:07:38. > :07:46.class, the more we can invest in you, your more we can invest
:07:47. > :07:48.in you, your future, the better we will be and the better
:07:49. > :07:53.we will grow. You have talked about creating
:07:54. > :07:55.25 million jobs and you have promised to bring back millions
:07:56. > :07:57.of jobs from Americans, how are you going to bring back
:07:58. > :08:01.the industry that have left this How specifically are you going
:08:02. > :08:04.to tell American manufacturers For one thing, before we start
:08:05. > :08:09.on that, my father gave me a small loan in 1975 and I built it
:08:10. > :08:12.into a company which is worth many billions of dollars with some
:08:13. > :08:14.of the greatest asset in the world, I say that only
:08:15. > :08:19.because that is the kind of thinking our country needs,
:08:20. > :08:27.our country is in deep trouble. We do not know what we are doing
:08:28. > :08:30.as it comes to devaluations, and all of these countries all over
:08:31. > :08:33.the world, especially China What they are doing to us
:08:34. > :08:37.is a very sad thing. So we have to do that, we have
:08:38. > :08:40.to renegotiate our trade deals. They are taking our jobs,
:08:41. > :08:42.giving incentives, doing things that Let me give you the example of
:08:43. > :08:47.Mexico. They have a VAT tax,
:08:48. > :08:49.we have a different system. When we sell into Mexico,
:08:50. > :08:52.there is a tax, when they When they sell to us,
:08:53. > :08:55.there is no tax. It has been defective
:08:56. > :09:04.for a long time but the With all fairness the Secretary
:09:05. > :09:17.Clinton, yes, is that ok? In all fairness to Secretary
:09:18. > :09:30.Clinton, when we started talking about this, it was very recently,
:09:31. > :09:33.she has been doing this for 30 years, why hasn't she made
:09:34. > :09:36.the agreement is better? The agreement is
:09:37. > :09:38.defective because of Secretary Clinton should have
:09:39. > :09:42.been doing this years, they should have been
:09:43. > :09:44.doing this the years, not now because we have
:09:45. > :09:46.created a movement. What has happened to our jobs
:09:47. > :09:50.and our country and our economy Back to the question,
:09:51. > :09:57.how do you specifically American manufacturers,
:09:58. > :09:59.how do you make them The first thing you do
:10:00. > :10:03.is do not let the jobs leave. There are thousands of them,
:10:04. > :10:07.they are leaving in bigger And what you do is say, fine,
:10:08. > :10:18.you want to go to Mexico or some other country,
:10:19. > :10:20.good luck, we wish you luck. But if you think you are going
:10:21. > :10:23.to make your air conditioners or cars or cookies or whatever
:10:24. > :10:26.you are going to make, and bring them into our country
:10:27. > :10:29.without a tax, you are wrong. Once you say you're going to have
:10:30. > :10:31.to tax them coming in, and politicians never do this,
:10:32. > :10:34.because they have special interests and they want
:10:35. > :10:36.those companies to leave, because in many cases,
:10:37. > :10:37.they own the company. So we have to stop them from leaving
:10:38. > :10:43.and that is a big factor. Let's stop for a second and remember
:10:44. > :10:46.where we were eight years ago. We had the worst financial crisis,
:10:47. > :10:48.the Great Recession, That was in large part
:10:49. > :11:01.because of tax policies that slashed taxes on the wealthy,
:11:02. > :11:03.failed to invest in the middle class, took their eyes off
:11:04. > :11:06.of Wall Street, and created In fact, Donald was one
:11:07. > :11:11.of the people who rooted He said, back in 2006, "Gee,
:11:12. > :11:17.I hope it does collapse, because then I can go in and buy
:11:18. > :11:20.some and make some money." Five million people
:11:21. > :11:29.lost their homes. And $13 trillion in family wealth
:11:30. > :11:32.was wiped out. Now, we have come
:11:33. > :11:35.back from that abyss. So we're now on the precipice
:11:36. > :11:41.of having a potentially much better economy, but the last thing we need
:11:42. > :11:45.to do is to go back to the policies Independent experts have looked
:11:46. > :11:57.at what I've proposed and looked at what Donald's proposed,
:11:58. > :12:00.and basically they've said this, that if his tax plan,
:12:01. > :12:03.which would blow up the debt by over $5 trillion and would in some
:12:04. > :12:05.instances disadvantage middle-class families compared to the wealthy,
:12:06. > :12:07.were to go into effect, we would lose 3.5 million jobs
:12:08. > :12:19.and maybe have another recession. They've looked at my plans
:12:20. > :12:21.and they've said, OK, if we can do this, and I intend
:12:22. > :12:25.to get it done, we will have ten million more new jobs,
:12:26. > :12:27.because we will be making investments where we
:12:28. > :12:30.can grow the economy. Some country is going to be
:12:31. > :12:39.the clean-energy superpower Donald thinks that
:12:40. > :13:06.climate change is a hoax We can have enough clean energy to
:13:07. > :13:09.power a new home and build new homes.
:13:10. > :13:19.I have tried to specific about what we can and
:13:20. > :13:25.should do and I'm determined that we are going to get the moving again.
:13:26. > :13:28.Building on the progress we have made over the last eight years
:13:29. > :13:43.but never going back to what got us into trouble in the first place.
:13:44. > :13:45.Go anywhere you want, Secretary Clinton, and you will see
:13:46. > :13:47.devastation where manufacturing is down 30, 40, 50%.
:13:48. > :13:49.It is the worst trade deal ever signed anywhere,
:13:50. > :13:55.Now you want to improve transpacific partnership will stop
:13:56. > :13:59.You were totally in favour of it, then you had me say how bad it is,
:14:00. > :14:01.and you say, I cannot win the debate.
:14:02. > :14:04.You know that if you win it will improve it, and that
:14:05. > :14:11.You called it the gold standard of trade deals.
:14:12. > :14:13.You said it was the finest deal you've ever seen.
:14:14. > :14:17.And then you had what I said about it and all of a sudden
:14:18. > :14:21.I know you live in your own reality, but that is not the facts.
:14:22. > :14:24.I did say I hoped it would be a good deal,
:14:25. > :14:38.When it was negotiated I concluded it wasn't.
:14:39. > :14:47.There are different views about what is good for our country,
:14:48. > :14:51.I think it is important to look at what we need to do
:14:52. > :14:55.That is why I said, new jobs with rising incomes,
:14:56. > :14:56.investments, not in more tax cuts which would
:14:57. > :15:04.I do, I have written a book about it, you can pick it up
:15:05. > :15:09.tomorrow at a book store or at an airport near you.
:15:10. > :15:18.It is because I see this, we need to have strong
:15:19. > :15:23.growth, fair growth, sustained growth.
:15:24. > :15:29.You are going to approve one of the biggest tax raises
:15:30. > :15:32.in history, you're going to drive business out, radiation oceans
:15:33. > :15:35.are a disaster and by the way, my tax cut is the biggest
:15:36. > :15:38.I am very proud, it will create jobs.
:15:39. > :15:40.But regulations, you are going to regulate these businesses
:15:41. > :15:45.I have been all over and when I go around, despite the tax cut,
:15:46. > :15:48.the things that businesses and people like the most is the fact
:15:49. > :15:55.You have regulations on top of regulations and new companies
:15:56. > :15:57.cannot form and old companies are going out of business
:15:58. > :16:00.and you want to increase regulation and make them even worse.
:16:01. > :16:16.I'm going to cut taxes, big league, you are going
:16:17. > :16:24.I kind of assumed there would be a lot of these charges and claims.
:16:25. > :16:28.We have taken the home page of my website and turned it
:16:29. > :16:33.So if you want to see in real time what the facts are,
:16:34. > :16:41.We will not add a penny to the debt and your plans
:16:42. > :16:53.Look at her website, no different than this,
:16:54. > :16:56.go to her website, she tells you how to fight Isis on the website,
:16:57. > :17:00.I do not in general Douglas MacArthur would like that.
:17:01. > :17:06.At least I have a plan to fight Isis.
:17:07. > :17:17.No wonder - you have been fighting Isis your
:17:18. > :17:23.Go to the, please, fact checkers, go to work!
:17:24. > :17:25.We are still on the issue of achieving prosperity.
:17:26. > :17:34.The fundamental difference is concerning the wealthy,
:17:35. > :17:36.Secretary Clinton is calling for a tax increase
:17:37. > :17:39.for the wealthy, and Mr Trump is calling for tax cuts, defend that.
:17:40. > :17:48.I am really calling for major jobs because the wealthy will
:17:49. > :17:59.They will expand the company, they will do a great job
:18:00. > :18:01.on getting rid of the carried interest provision, if you look,
:18:02. > :18:04.it is a great thing for the middle-class, it is a great
:18:05. > :18:07.When these people put billions of dollars in companies,
:18:08. > :18:11.and bring $2.5 trillion back, I happen to think it is double that,
:18:12. > :18:12.probably $5 trillion, that we can't bring
:18:13. > :18:16.into our country, with a little leadership, you will get hit
:18:17. > :18:25.in here very quickly and it could be put to use on the inner cities
:18:26. > :18:28.and a lot of the other things and it would be beautiful.
:18:29. > :18:35.And that starts with Secretary Clinton.
:18:36. > :18:38.You need to defend tax increases for the wealthy Americans.
:18:39. > :18:40.I think I will be blamed for everything that
:18:41. > :18:43.has ever happened by the end of this evening.
:18:44. > :18:51.Why not, join the debate by saying more crazy things.
:18:52. > :18:58.There's nothing crazy about not letting our companies
:18:59. > :19:04.This is Secretary Clinton's two minutes.
:19:05. > :19:09.We have looked at your tax proposals.
:19:10. > :19:12.I do not see changes in the corporate tax rates
:19:13. > :19:15.or the kinds of proposals you are referring to that
:19:16. > :19:18.would cause the bringing back of money stranded overseas.
:19:19. > :19:25.I happen to support that in a way that will work to our benefit.
:19:26. > :19:29.When I look at what you have proposed, you have got the Trump
:19:30. > :19:35.Loophole which it would so advantage you and the business you do.
:19:36. > :19:43.This is Secretary Clinton's question.
:19:44. > :19:45.It would be a tax benefit for your family.
:19:46. > :19:58.Trickle-down did not work, it got us into the mess
:19:59. > :20:02.Slashing taxes on the wealthy has not worked.
:20:03. > :20:04.And a lot of really smart and wealthy people know that.
:20:05. > :20:07.And they are saying, we need to do more to make
:20:08. > :20:09.the contributions we should be making to rebuild the middle-class.
:20:10. > :20:12.I don't think top-down works in America.
:20:13. > :20:15.I think building the middle-class, investing in the middle class,
:20:16. > :20:19.making college debt free so more young people can get
:20:20. > :20:22.their education, helping people refinance their debt from college
:20:23. > :20:25.at a lower rate, those are the kinds of things that
:20:26. > :20:37.Broad-based, inclusive growth is what we need in America.
:20:38. > :20:39.Not more advantages for people at the very top.
:20:40. > :20:42.Typical politician, all talk, no action, sounds good,
:20:43. > :20:50.Our country is suffering because people like Secretary
:20:51. > :20:53.Clinton have made such bad decisions in terms of our jobs and in terms
:20:54. > :20:59.Now look, we have the worst revival of an economy since the great
:21:00. > :21:07.depression and believe me, we are in a bubble right now.
:21:08. > :21:10.And the only thing that looks good is the stock market but if you raise
:21:11. > :21:13.interest rates even before that, that will come crashing down.
:21:14. > :21:21.We are in a big, fat, ugly bubble and we better be awfully careful,
:21:22. > :21:23.and we have the Fed doing political things, Janet Yellin
:21:24. > :21:26.of the Fed, the Fed is doing political by keeping interest rates
:21:27. > :21:29.at this level, and believe me, the day Obama goes off and leaves
:21:30. > :21:32.and goes to the golf course for the rest of his life,
:21:33. > :21:35.when they raise interest rates, you are going to see some very bad
:21:36. > :21:39.things happen because the Fed is not doing their job.
:21:40. > :21:44.The Fed is being more political than Secretary Clinton.
:21:45. > :21:52.Mr Trump, we are talking about the burdens that American have
:21:53. > :21:54.to pay, you have not released your tax returns.
:21:55. > :21:56.The reason nominees have released their return
:21:57. > :22:04.to the decades is that voters know if their potential president owes
:22:05. > :22:06.money and any potential business conflicts, don't Americans
:22:07. > :22:09.have a right to know if there is any conflicts of interest?
:22:10. > :22:13.I am under a routine audit and it will be released as soon
:22:14. > :22:18.You will learn more about Donald Trump by going down
:22:19. > :22:23.to the Federal elections where I filed a 104 page
:22:24. > :22:25.financial statement of sorts, the forms they have,
:22:26. > :22:28.in fact, the income, I just looked today,
:22:29. > :22:34.the income is filed at $694 million for this past year.
:22:35. > :22:37.If you would have told me I was going to make that 15 or 20
:22:38. > :22:39.years ago, I would have been very surprised.
:22:40. > :22:42.But that's the kind of thinking that our country needs.
:22:43. > :22:45.When we have a country that doing so badly, that is being ripped off
:22:46. > :22:47.by every single country in the world, it's the kind
:22:48. > :22:51.of thinking that our country needs because everybody,
:22:52. > :22:56.we have a trade deficit with all of the countries
:22:57. > :22:59.that we do business with, of almost $800 billion a year.
:23:00. > :23:06.That means, who is negotiating the trade deals?
:23:07. > :23:13.We have political hacks negotiating our trade deal.
:23:14. > :23:16.The IRS says an audit of your taxes, you are perfectly
:23:17. > :23:28.free to release taxes during an audit, so does
:23:29. > :23:30.the public's right to know outweigh your personal...
:23:31. > :23:35.I will release them as soon the audit.
:23:36. > :23:38.I have been audited for 15 years, I know a lot of people
:23:39. > :23:40.who have not been audited, I get audited every year.
:23:41. > :23:44.In a way I should be complaining, I do not complain, it is almost
:23:45. > :23:46.a way of life, I am audited by the IRS.
:23:47. > :23:52.We have a situation in this country that has to be taken care of.
:23:53. > :23:54.I will release my tax returns, against my lawyer's wishes,
:23:55. > :23:57.when she releases her 33,000 e-mails that have been deleted.
:23:58. > :24:00.As soon as she releases them, I will release,
:24:01. > :24:03.I will release my tax returns and that is against my lawyers,
:24:04. > :24:11.I will tell you this, in fact, watching shows, reading the papers,
:24:12. > :24:13.almost every lawyer says, you do not release your returns
:24:14. > :24:20.I would go against them if she releases her e-mails.
:24:21. > :24:35.Let me admonish the audience, you were meant to be silent.
:24:36. > :24:39.I think you have just seen another example of bait and switch.
:24:40. > :24:41.For 40 years, everyone running for president has
:24:42. > :24:53.You can go and see 39 or 40 years of our tax returns
:24:54. > :24:59.We know the IRS has made clear there is no probation, on releasing it,
:25:00. > :25:04.You have got to ask yourself, why will he not release his tax returns?
:25:05. > :25:06.And I think there could be a couple of reasons.
:25:07. > :25:09.First, maybe he is not as rich as he says he is.
:25:10. > :25:12.Second, maybe he is not as charitable as he claims to be.
:25:13. > :25:15.Third, we do not know all of his business dealings,
:25:16. > :25:16.but we have been told through investigative reporting
:25:17. > :25:24.that he owes about $650 million to Wall Street and foreign banks.
:25:25. > :25:26.Or maybe he doesn't want the American people,
:25:27. > :25:35.all of you watching tonight, to know that he's paid nothing
:25:36. > :25:38.in federal taxes, because the only years that anybody has ever seen
:25:39. > :25:41.were a couple of years when he had to turn them over to state
:25:42. > :25:44.authorities when he was trying to get a casino licence
:25:45. > :25:46.and they showed he didn't pay any federal income tax.
:25:47. > :26:08.That means 0 for troops, 0 for veterans, 0 for schools or health.
:26:09. > :26:11.It means he is not enthusiastic for the country to see what the real
:26:12. > :26:14.reasons are, it must be something terrible he is trying to hide.
:26:15. > :26:17.The financial disclosure statements do not give you the tax rates,
:26:18. > :26:23.And it seems to me that this is something that the American
:26:24. > :26:27.people deserve to see and I have no reason to believe that he is ever
:26:28. > :26:32.Because there is something he is hiding.
:26:33. > :26:36.And we will guess, we will keep guessing at what it
:26:37. > :26:41.But I think the question is where he ever to get
:26:42. > :26:44.near the White House, what would be those conflicts?
:26:45. > :26:48.Well, he owes you the answers to that and he should provide them.
:26:49. > :26:50.He also raised the issue of your e-mails, do
:26:51. > :26:55.I made a mistake using a private e-mail...
:26:56. > :27:01.And if I had to do it again, I would obviously do it differently.
:27:02. > :27:11.But I'm not going to make any excuses, it was a mistake
:27:12. > :27:21.When you have your staff taking the fifth Amendment,
:27:22. > :27:24.taking the fifth, so they are not prosecuted, when you have the man
:27:25. > :27:27.that set up the illegal server taking the fifth, I think
:27:28. > :27:35.And believe me, this country thinks it's,
:27:36. > :27:45.As far as my tax returns, you don't learn that
:27:46. > :27:47.much from returns, that I can tell you.
:27:48. > :27:52.You learn a lot from financial disclosure.
:27:53. > :27:55.And you should go down and take a look about.
:27:56. > :28:01.The other thing, I am extremely under leveraged.
:28:02. > :28:06.that said 650, a lot of friends of mine said they'll did not think
:28:07. > :28:09.that was a lot of money, the building that were mentioned,
:28:10. > :28:11.it was not even bad story, the buildings were worth
:28:12. > :28:15.The 650 was not on that, it is much less than that.
:28:16. > :28:18.I could give you a list of banks, if that would help you,
:28:19. > :28:21.I would give you a list of banks, very fine institutions,
:28:22. > :28:23.very fine banks, I can do that quickly.
:28:24. > :28:30.I have a great company, tremendous income and the reason
:28:31. > :28:34.bragging way, it is about time that this country has
:28:35. > :28:36.somebody running at that has an idea about money.
:28:37. > :28:43.When we have $20 trillion in debt and our country is a mess,
:28:44. > :28:46.it is one thing to be in debt and our roads and bridges are good,
:28:47. > :28:56.and everything are in great shape and our airports,
:28:57. > :29:07.You land in New York and we do not have the money because it has been
:29:08. > :29:11.And maybe because you have not paid any federal income
:29:12. > :29:15.It would be squandered too, believe me.
:29:16. > :29:18.If your main claim to be president of the United States
:29:19. > :29:21.is your business, then I think we should talk about that.
:29:22. > :29:23.Your campaign manager said that you built a lot of businesses
:29:24. > :29:32.And indeed, I have met a lot of the people who were stiffed
:29:33. > :29:49.I have met dishwashers, painters, architects,
:29:50. > :29:53.who you refuse to pay when they finished their work.
:29:54. > :29:57.We have an architect that designed one of your
:29:58. > :30:01.It is a beautiful facility, it immediately was put to use.
:30:02. > :30:04.And you would not pay what the man needed to be paid what
:30:05. > :30:10.Maybe he didn't do a good job and I was not satisfied with his
:30:11. > :30:14.The thousands of people that you have stiffed over
:30:15. > :30:16.the course of your business, do they not deserve some
:30:17. > :30:21.From someone who has taken their labour, taking
:30:22. > :30:30.the goods they produce, and then refused to pay them?
:30:31. > :30:33.I can only say that I am certainly relieved that my late father never
:30:34. > :30:37.When we talk about your business, you have taken business
:30:38. > :30:45.There are a lot of great businesspeople that have never
:30:46. > :31:05.You even at one time suggested that you would try to negotiate Wrong.
:31:06. > :31:09.-- negotiate down the national debt of the US.
:31:10. > :31:12.Well, sometimes there's not a direct transfer of skills from business
:31:13. > :31:15.to Government, but sometimes what happened in business would be
:31:16. > :31:18.Look, it's all words, it's all sound bites.
:31:19. > :31:21.Some of the greatest assets anywhere in the world,
:31:22. > :31:23.real estate assets anywhere in the world, beyond
:31:24. > :31:25.the United States, in Europe, lots of different places.
:31:26. > :31:35.But on occasion, four times, we used certain laws that are there.
:31:36. > :31:40.And when Secretary Clinton talks about people that didn't get paid,
:31:41. > :31:44.first of all, they did get paid a lot, but taken advantage.
:31:45. > :31:47.Now, if you want to change the laws, you've been there a long
:31:48. > :31:55.But I take advantage of the laws of the nation
:31:56. > :32:06.Mr Trump, for five years, you perpetuated a false claim
:32:07. > :32:08.that the nation's first black president was not
:32:09. > :32:12.In the last couple of weeks, you acknowledged what most Americans
:32:13. > :32:14.have accepted for years: The president was born
:32:15. > :32:17.Can you tell us what took you so long?
:32:18. > :32:20.I'll tell you very...well, just very simple to say.
:32:21. > :32:22.Sidney Blumenthal works for the campaign and close...very
:32:23. > :32:27.And her campaign manager, Patti Doyle, went to...during
:32:28. > :32:33.the campaign, her campaign against President Obama, fought very hard.
:32:34. > :32:46.And you can go look it up, and you can check it out.
:32:47. > :32:49.And if you look at CNN this past week, Patti Solis Doyle
:32:50. > :32:51.was on Wolf Blitzer saying that this happened.
:32:52. > :32:52.Blumenthal sent McClatchy, highly respected reporter
:32:53. > :32:54.at McClatchy, to Kenya to find out about it.
:32:55. > :32:57.She failed to get the birth certificate.
:32:58. > :33:06.I got him to give the birth certificate.
:33:07. > :33:09.And I'll tell you why I'm satisfied with it.
:33:10. > :33:11.Because I want to get on to defeating Isis,
:33:12. > :33:13.because I want to get on to creating jobs,
:33:14. > :33:17.because I want to get on to having a strong border, because I want
:33:18. > :33:20.to get on to things that are very important to me and that are very
:33:21. > :33:25.But I just want to get the answer here.
:33:26. > :33:26.The birth certificate was produced in 2011.
:33:27. > :33:29.You've continued to tell the story and question the president's
:33:30. > :33:30.legitimacy in 2012, '13, '14, '15...
:33:31. > :33:34.So the question is, what changed your mind?
:33:35. > :33:37.Well, nobody was pressing it, nobody was caring much about it.
:33:38. > :33:41.I figured you'd ask the question tonight, of course.
:33:42. > :33:46.But I was the one that got him to produce the birth certificate.
:33:47. > :33:53.I mean, you know...now, everybody in mainstream
:33:54. > :33:55.is going to say, oh, that's not true.
:33:56. > :34:02.Sidney Blumenthal sent a reporter...you just have
:34:03. > :34:04.to take a look at CNN, the last week, the interview
:34:05. > :34:10.But just like she can't bring back jobs,
:34:11. > :34:15.I'm just going to follow up...and I will let you respond to that,
:34:16. > :34:19.But we're talking about racial healing in this segment.
:34:20. > :34:21.What do you say to Americans, people of colour who...
:34:22. > :34:26.I say nothing, because I was able to get him to produce it.
:34:27. > :34:28.He should have produced it a long time before.
:34:29. > :34:34.And clearly, as Donald just admitted,
:34:35. > :34:36.he knew he was going to stand on this debate stage,
:34:37. > :34:39.and Lester Holt was going to be asking us questions,
:34:40. > :34:45.so he tried to put the whole racist birther lie to bed.
:34:46. > :34:48.But it can't be dismissed that easily.
:34:49. > :34:55.He has really started his political activity based on this racist lie
:34:56. > :35:20.that our first black president was not an American citizen.
:35:21. > :35:23.Well, President Obama and Secretary Clinton
:35:24. > :35:25.created a vacuum the way they got out of Iraq,
:35:26. > :35:27.because they got out...what, they shouldn't have been in,
:35:28. > :35:30.but once they got in, the way they got out was a disaster.
:35:31. > :35:37.She's been trying to take them out for a long time.
:35:38. > :35:40.But they wouldn't have even been formed if they left some troops
:35:41. > :35:43.behind, like 10,000 or maybe something more than that.
:35:44. > :35:53.Or, as I've been saying for a long time, and I think you'll agree,
:35:54. > :35:56.because I said it to you once, had we taken the oil...and we should
:35:57. > :35:59.have taken the oil...ISIS would not have been able to form either,
:36:00. > :36:03.because the oil was their primary source of income.
:36:04. > :36:06.And now they have the oil all over the place, including the oil...a lot
:36:07. > :36:08.of the oil in Libya, which was another one
:36:09. > :36:13.Well, I hope the fact-checkers are turning up the volume
:36:14. > :36:15.Donald supported the invasion of Iraq.
:36:16. > :36:19.That is absolutely proved over and over again.
:36:20. > :36:26.He actually advocated for the actions we took in Libya
:36:27. > :36:30.and urged that Gadhafi be taken out, after actually doing some
:36:31. > :36:44.But the larger point...and he says this constantly...is
:36:45. > :36:46.George W Bush made the agreement about when American troops
:36:47. > :36:50.When Isis formed in this vacuum created by Barack Obama
:36:51. > :36:57.And believe me, you were the ones that took out the troops.
:36:58. > :37:02.They sat back probably and said, I can't believe it.
:37:03. > :37:06.When they formed, when they formed, this is something that never
:37:07. > :37:10.Now, you're talking about taking out Isis.
:37:11. > :37:13.But you were there, and you were Secretary of State
:37:14. > :37:26.A lot of these are judgment questions.
:37:27. > :37:29.You had supported the war in Iraq before the invasion.
:37:30. > :37:35.That is a mainstream media nonsense put out by her,
:37:36. > :37:37.because she...frankly, I think the best person
:37:38. > :37:42.Why is your...why is your judgment...
:37:43. > :37:54.When I did an interview with Howard Stern, very lightly,
:37:55. > :37:57.first time anyone's asked me that, I said, very lightly,
:37:58. > :38:09.I then did an interview with Neil Cavuto.
:38:10. > :38:11.We talked about the economy is more important.
:38:12. > :38:13.I then spoke to Sean Hannity, which everybody refuses
:38:14. > :38:16.I had numerous conversations with Sean Hannity at Fox.
:38:17. > :38:23.And Sean Hannity said...and he called me the other day...and
:38:24. > :38:26.He said you were totally against the war,
:38:27. > :38:33.Sean Hannity said very strongly to me and other people...he's
:38:34. > :38:36.willing to say it, but nobody wants to call him.
:38:37. > :38:40.He said, you used to have fights with me, because Sean was in favor
:38:41. > :38:44.And I understand that side, also, not very much,
:38:45. > :38:45.because we should have never been there.
:38:46. > :38:54.And then they did an article in a major magazine,
:38:55. > :39:00.But they did an article which had me totally against the war in Iraq.
:39:01. > :39:03.And one of your compatriots said, you know, whether it was before
:39:04. > :39:05.or right after, Trump was definitely...because if you read
:39:06. > :39:09.But if somebody...and I'll ask the press...if somebody
:39:10. > :39:12.would call up Sean Hannity, this was before the war started.
:39:13. > :39:14.He and I used to have arguments about the war.
:39:15. > :39:17.I said, it's a terrible and a stupid thing.
:39:18. > :39:19.It's going to destabilize the Middle East.
:39:20. > :39:25.My reference was to what you had said in 2002, and my
:39:26. > :39:31.Why is your judgment...why is your judgment any
:39:32. > :39:32.different than Mrs Clinton's judgment?
:39:33. > :39:34.Well, I have much better judgment than she does.
:39:35. > :39:37.I also have a much better temperament
:39:38. > :39:42.I have a much better...she spent...let me tell you...she spent
:39:43. > :39:52.hundreds of millions of dollars on an advertising...you know,
:39:53. > :40:03.The AFL-CIO the other day, behind the blue screen,
:40:04. > :40:06.I don't know who you were talking to, Secretary Clinton,
:40:07. > :40:11.I said, there's a person with a temperament that's
:40:12. > :40:13.Secretary Clinton?
:40:14. > :40:26.Let's talk about two important issues that
:40:27. > :40:28.were briefly mentioned by Donald, first, Nato.
:40:29. > :40:32.You know, Nato as a military alliance has something
:40:33. > :40:34.called Article Five, and basically it says
:40:35. > :40:37.this: An attack on one is an attack on all.
:40:38. > :40:41.And you know the only time it's ever been invoked?
:40:42. > :40:44.After 9/11, when the 28 nations of Nato said that they would go
:40:45. > :40:50.to Afghanistan with us to fight terrorism, something
:40:51. > :40:56.that they still are doing by our side.
:40:57. > :40:58.With respect to Iran, when I became Secretary of State,
:40:59. > :41:01.Iran was weeks away from having enough nuclear material
:41:02. > :41:07.They had mastered the nuclear fuel cycle under the Bush administration.
:41:08. > :41:13.They had stocked them with centrifuges that
:41:14. > :41:20.I voted for every sanction against Iran when I was in the Senate,
:41:21. > :41:29.So I spent a year and a half putting together a coalition that included
:41:30. > :41:35.Russia and China to impose the toughest sanctions on Iran.
:41:36. > :41:37.And we did drive them to the negotiating table.
:41:38. > :41:40.And my successor, John Kerry, and President Obama got a deal that
:41:41. > :41:42.put a lid on Iran's nuclear programme without
:41:43. > :41:59.The other day, I saw Donald saying that there were some Iranian sailors
:42:00. > :42:02.on a ship in the waters off Iran, and they were taunting American
:42:03. > :42:10.He said, you know, if they taunted our sailors,
:42:11. > :42:12.I'd blow them out of the water and start another war.
:42:13. > :42:24.That is not the right temperament to be
:42:25. > :42:29...of what we heard Donald say has been about nuclear weapons.
:42:30. > :42:32.He has said repeatedly that he didn't care if other nations
:42:33. > :42:35.got nuclear weapons, Japan, South Korea, even Saudi Arabia.
:42:36. > :42:36.It has been the policy of the United States,
:42:37. > :42:39.Democrats and Republicans, to do everything we could to reduce
:42:40. > :42:44.the proliferation of nuclear weapons.
:42:45. > :42:46.He even said, well, you know, if there were nuclear
:42:47. > :42:49.war in East Asia, well, you know, that's fine...
:42:50. > :42:59.And, in fact, his cavalier attitude about nuclear weapons
:43:00. > :43:06.That is the number-one threat we face in the world.
:43:07. > :43:10.And it becomes particularly threatening if terrorists
:43:11. > :43:11.ever get their hands on any nuclear material.
:43:12. > :43:14.Earlier this month, you said she doesn't have, quote,
:43:15. > :43:40.And I don't believe she does have the stamina.
:43:41. > :43:43.To be president of this country, you need tremendous stamina.
:43:44. > :43:45.You have to be able to negotiate our trade deals.
:43:46. > :43:48.You have to be able to negotiate, that's right, with Japan,
:43:49. > :43:56.I mean, can you imagine, we're defending Saudi Arabia?
:43:57. > :43:59.And with all of the money they have, we're defending them,
:44:00. > :44:06.You have so many different things you have to be able to do,
:44:07. > :44:08.and I don't believe that Hillary has the stamina.
:44:09. > :44:11.Well, as soon as he travels to 112 countries and negotiates a peace
:44:12. > :44:20.deal, a ceasefire, a release of dissidents, an opening
:44:21. > :44:23.of new opportunities in nations around the world, or even spends 11
:44:24. > :44:25.hours testifying in front of a congressional committee,
:44:26. > :44:33.Hillary has experience, but it's bad experience.
:44:34. > :44:36.We have made so many bad deals during the last...so she's got
:44:37. > :44:50.Whether it's the Iran deal that you're so in love with,
:44:51. > :44:53.where we gave them $150 billion back, whether it's the Iran deal,
:44:54. > :44:54.whether it's anything you can...name...you almost can't
:44:55. > :45:01.She's got experience, but it's bad experience.
:45:02. > :45:03.And this country can't afford to have another four years
:45:04. > :45:07.We are at...we are at the final question.
:45:08. > :45:11.You know, he tried to switch from looks to stamina.
:45:12. > :45:15.But this is a man who has called women pigs, slobs and dogs,
:45:16. > :45:17.and someone who has said pregnancy is an inconvenience to employers,
:45:18. > :45:31.Women don't deserve equal pay unless they do as good a job as men.
:45:32. > :45:35.And one of the worst things he said was about a woman
:45:36. > :45:43.He loves beauty contests, supporting them and
:45:44. > :45:47.And he called this woman "Miss Piggy."
:45:48. > :45:49.Then he called her "Miss Housekeeping,"
:45:50. > :45:59.And she has become a US citizen, and you can bet...
:46:00. > :46:02.She's going to vote this November.
:46:03. > :46:16.You know, Hillary is hitting me with tremendous commercials.
:46:17. > :46:20.Some of it's said...somebody who's been very vicious to me,
:46:21. > :46:22.Rosie O'Donnell, I said very tough things to her,
:46:23. > :46:25.and I think everybody would agree that she deserves it and nobody
:46:26. > :46:32.Extremely rough to Hillary, to her family, and I said to myself,
:46:33. > :46:46.But she spent hundreds of millions of dollars on negative ads on me,
:46:47. > :46:51.And I will tell you this, Lester: It's not nice.
:46:52. > :46:57.But it's certainly not a nice thing that she's done.
:46:58. > :47:02.And the only gratifying thing is, I saw the polls come in today,
:47:03. > :47:05.We have to move on to the final question.
:47:06. > :47:08.$200 million is spent, and I'm either winning or tied,
:47:09. > :47:12.One of you will not win this election.
:47:13. > :47:15.So my final question to you tonight, are you willing to accept
:47:16. > :47:17.the outcome as the will of the voters?
:47:18. > :47:24.And sometimes you win, sometimes you lose.
:47:25. > :47:28.But I certainly will support the outcome of this election.
:47:29. > :47:32.And I know Donald's trying very hard to plant doubts about it,
:47:33. > :47:35.but I hope the people out there understand: This election's
:47:36. > :47:43.It's not about us so much as it is about you and your families
:47:44. > :47:46.and the kind of country and future you want.
:47:47. > :47:49.So I sure hope you will get out and vote as though your
:47:50. > :47:51.future depended on it, because I think it does.
:47:52. > :47:56.Will you accept the outcome as the will of the voters?
:47:57. > :48:00.We are a nation that is seriously troubled.
:48:01. > :48:08.The other day, we were deporting 800 people.
:48:09. > :48:11.And perhaps they passed the wrong button, they pressed the wrong
:48:12. > :48:14.button, or perhaps worse than that, it was corruption, but these people
:48:15. > :48:17.that we were going to deport for good reason ended
:48:18. > :48:28.And now it turns out it might be 1,800, and they don't even know.
:48:29. > :48:30.Will you accept the outcome of the election?
:48:31. > :48:40.The answer is, if she wins, I will absolutely support her.
:48:41. > :48:47.That concludes our debate for this evening, a spirit one.
:48:48. > :48:50.We covered a lot of ground, not everything as I suspected we would.
:48:51. > :48:52.The next presidential debates are scheduled for October ninth
:48:53. > :48:56.Louis and October 19th at the University of Nevada Las Vegas.
:48:57. > :49:00.The vice presidential debate is scheduled for October fourth
:49:01. > :49:03.at Longwood University in Farmville, Virginia.
:49:04. > :49:06.My thanks to Hillary Clinton and to Donald Trump
:49:07. > :49:08.and to Hofstra University for hosting us tonight.
:49:09. > :49:29.That was the first of three presidential debates.
:49:30. > :49:32.Let's get straight to analysis with Democratic and Republican
:49:33. > :49:39.strategists. They both join us from strategists. They both join us from
:49:40. > :49:42.Washington, DC. Listening to those clips of Donald Trump debating
:49:43. > :49:49.Hillary Clinton last night, how do you think he did? First of all, I'm
:49:50. > :49:54.calling my lawyer to sue you for making you listen to it again!
:49:55. > :49:58.Unless somebody actually throws up on your shoes in these kinds of
:49:59. > :50:02.debates, the people that were supporting Donald Trump thought he
:50:03. > :50:09.did well. The people supporting Mrs Clinton thought she did well. The
:50:10. > :50:14.staff of overnight polls showed that in both cases. I think we will learn
:50:15. > :50:20.over the next couple of days when the larger polls start rolling in,
:50:21. > :50:26.we will see what effect this had on voter behaviour, which is really all
:50:27. > :50:28.that matters. This seems to be a general consensus emerging that
:50:29. > :50:30.Hillary Clinton had a good night but there were no knockout blows against
:50:31. > :50:35.Donald Trump. Do you think she will Donald Trump. Do you think she will
:50:36. > :50:39.have made any of those critical people who are still not decided
:50:40. > :50:42.about this election, whatever that is, a percent of the American
:50:43. > :50:46.electorate, do you think she will have made up their minds in her
:50:47. > :50:52.direction? I think she had an exceptional performance showing
:50:53. > :50:56.strength, stamina and expertise in a range of issues and Donald Trump was
:50:57. > :51:00.incoherent, rambling, he wilted under the pressure and he really
:51:01. > :51:05.just ran out of gas. For a guy who has spoken so much about stamina and
:51:06. > :51:08.strength, he didn't show that in the debate. He had a couple of good
:51:09. > :51:14.minutes in the beginning but towards the end he was gasping for
:51:15. > :51:18.conspiracy theories or factual inaccuracies to keep him propped up
:51:19. > :51:21.on the stage and I help the think this is going to help a lot for
:51:22. > :51:29.Hillary Clinton with undecided voters. Out of 20 people in a focus
:51:30. > :51:33.group, 17 people thought Hillary Clinton one in the battlefield
:51:34. > :51:37.state. The reporting after the debate is going to be important too
:51:38. > :51:42.and you are seeing in battle ground states that a lot of headlines are
:51:43. > :51:52.very bad for Donald so he will have a lot to do to regain Momentum. I
:51:53. > :51:58.don't disagree with anything Doug said. I just think that most people
:51:59. > :52:03.don't watch debates like the three of us do. We're not looking for new
:52:04. > :52:12.alliances or semicolons, but people get a sense of what they are seeing
:52:13. > :52:21.from one candidate to another. People who liked Trump sues start
:52:22. > :52:27.with -- Trump to start with will still have liked him. Do you think
:52:28. > :52:32.the next debate will be important? Will Donald Trump study for it? I
:52:33. > :52:36.doubt it. Donald Trump is going to be Donald Trump, he's 70 years old
:52:37. > :52:41.and is going start again, but it shows you that it might make some
:52:42. > :52:45.sense to strap him into a chair and make him pay some attention to some
:52:46. > :52:48.of these issues because Hillary Clinton's almost clinical analysis
:52:49. > :52:51.and answering of the debate and answering of the debate
:52:52. > :52:58.questions was really kind of remarkable to see and as I wrote in
:52:59. > :53:01.my column for this morning, it was clear that she was tested and
:53:02. > :53:08.trained not to fall into the traps that Donald Trump was going to set,
:53:09. > :53:12.and I thought she did quite well. In some ways she got lucky, there was
:53:13. > :53:17.not a huge amount of time spent on her e-mail issue, how handling of
:53:18. > :53:22.pneumonia didn't come up, she could have been pressed much harder by
:53:23. > :53:26.Donald Trump on of trustworthiness, but I was wondering, does she have
:53:27. > :53:29.to come up with something a bit more inspirational? If she's going to win
:53:30. > :53:33.significant numbers and they don't significant numbers and they don't
:53:34. > :53:36.seem to be flocking to run moment, hasn't she got to come up with
:53:37. > :53:41.something a little bit more inspiring than those clear policy
:53:42. > :53:42.answers? I thought one of the key moments in the debate was when she
:53:43. > :53:50.mentioned this beauty queen Alicia mentioned this beauty queen Alicia
:53:51. > :53:52.who has been denigrated and humility by Donald Trump and brought that
:53:53. > :53:55.story to life as one of the people that she is fighting for and that's
:53:56. > :54:00.going to be a lasting moment for a lot of people when they think about
:54:01. > :54:03.this debate. I think that the tape of inspirational story that Hillary
:54:04. > :54:07.Clinton is going to be talking about throughout the rest of this
:54:08. > :54:12.campaign, as well as a lot of the small business owners that Donald
:54:13. > :54:16.Trump has stiffed and hasn't paid. I think that a lot of motivation and
:54:17. > :54:22.energy is going to be put into our efforts over the next 40 days to
:54:23. > :54:27.register votes, today is National voter registration day in the United
:54:28. > :54:36.States and that is going to be a big piece of what happens out of the
:54:37. > :54:39.Hillary Clinton campaign. Of all the personal stories she could have
:54:40. > :54:43.told, a beauty queen story wouldn't have been my first choice. I think
:54:44. > :54:48.in the second debate, she will come up with a lot more of those types of
:54:49. > :54:58.stories, more like her dad, who hung to worry --
:54:59. > :55:01.thank you for the analysis, gentlemen. It seems that
:55:02. > :55:05.Republicans are suggesting that Republicans are suggesting that
:55:06. > :55:12.Donald Trump at the worst of that first presidential debate. They have
:55:13. > :55:16.two more dates to go -- debates, and we will see whether last night's
:55:17. > :55:24.debate impact how they prepare for the later debates. A fascinating
:55:25. > :55:29.contest, 80 million people watched on television. We will bring you all
:55:30. > :55:34.the coverage over the next debates as well.