Reply #9: Here it is...

[pacalo]

http://www.washingtonpost.com/wp-srv/politics/debatereferee/debate_1008.html

KERRY: I've even scaled back some of my favorite programs already, like the child-care program I wanted to fund and the national service program, because the president's deficit keeps growing and I've said as a pledge, "I'm going to cut the deficit in half in four years."

Now, I'm going to restore what we did in the 1990s, ladies and gentlemen: pay as you go. We're going to do it like you do it. The president broke the pay-as-you-go rule.

Somebody here asked the question about, "Why haven't you vetoed something?" It's a good question. If you care about it, why don't you veto it?

I think John McCain called the energy bill the "No Lobbyist Left Behind" bill.

I mean, you've got to stand up and fight somewhere, folks.

I'm pledging I will not raise taxes; I'm giving a tax cut to the people earning less than $200,000 a year.

Now, for the people earning more than $200,000 a year, you're going to see a rollback to the level we were at with Bill Clinton, when people made a lot of money.

KERRY: And looking around here, at this group here, I suspect there are only three people here who are going to be affected: the president, me, and, Charlie, I'm sorry, you too.

(LAUGHTER)

GIBSON: Mr. President, 90 seconds.

BUSH: He's just not credible when he talks about being fiscally conservative. He's just not credible. If you look at his record in the Senate, he voted to break the caps -- the spending caps -- over 200 times.

And here he says he's going to be a fiscal conservative, all of a sudden. It's just not credible. You cannot believe it.

And of course he's going to raise your taxes. You see, he's proposed $2.2 trillion of new spending. And you say: Well, how are you going to pay for it? He says, well, he's going to raise the taxes on the rich -- that's what he said -- the top two brackets. That raises, he says $800 billion; we say $600 billion.

BUSH: We've got battling green eye shades.

Somewhere in between those numbers -- and so there's a difference, what he's promised and what he can raise.