The 2020 republican debate. Columnist for Business Insider. We will hear from two republican challenging President Trump for the presence nomination in 2020. Governorssachusetts bill weld and former illinois congressman joe wells. Just joe walsh. Walsh. Business insiders provide both parties to a chance to speak with voters. We encourage them to look beyond networks. Internets debate, candidates will answer questions on economics and immigration policy and americans deepening divide. We want to know how the candidates differ from the president and why they think it better job. D do a President Trump did not respond to her invitation to this event. Each candidate will have 60 seconds to speak. It may also give an additional 30 seconds to respond to followups. Time will be deducted if the rules are not respected. The speakers were chosen at random two weeks ago. Thanks everybody again. Business insider thank you and have her fill his monarchs are to stand in the same stage with you. Start like this, president of the United States will be impeached very soon. The president of the United States will deserve to be impeached very soon. Lets cut through all the craziness, were going to spend the next hour an hour and half as anthony and lynette said talking about really important issues Climate Change and trade and whats going on down the border. Lets be clear. This is about trump. This is about that guy in the white house. I wouldnt be standing in front of you, if Donald Trump Trump was present. He lies almost every time he opens his mouth and is the danger to this country. He cannot put anybody elses interests ahead of his own. Not debating bill weld. I believe he knows and understands what the problem is. The problem is an unfit president in the white house to take those divided country and is dividing. We have to put the country together. My thanks to Business Insider my thanks to Business Insider and analysts and moderators and this is the great thing you are doing. My name is bill weld and i am running for president of the United States as a republican. What i need to know me since i am running for president. I think all you really need to know about me is that i am a very relaxed calm person. Like the congressman, i am comfortable in my own skin. Unlike certain other people and im not scared of anybody. I was head of the Criminal Division of the justice department. I think that no one else should be scared of anybody. Im a great believer in releasing the energies of everybody in the policy and giving them all stake in the enterprise of our shared Democratic Institutions. As the congressman said, its no secret that the president is seeking to divide us. Its really hateful. My promise to you is if you elect me as your president , you never again will have to feel exhausted or tired on account of your government in washington that is supposed to be serving you. [applause] [applause] slow news day today. Except about two hours ago, nancy pelosi announced that she would begin impeachment proceedings against the president of United States for the fourth time in history of our republic. Governor i will start with you. Give a message for Mitch Mcconnell who seems to be the largest impediment to a smooth impeachment proceeding. Specifically, i worked on the nixon impeachment years ago. I it took the house 810 months to get through the investigation before it even got ready to go to the senate. Paige meant is voted on by the house and goes to the senate, the house appoints six managers or prosecutors to handle it in the senate then they make the rules. Ms. Mitch mcconnell doesnt make the rules. So those people who think that assumes and goes to the senate, Mitch Mcconnell can call about and get an equivalent runthrough, that is true. If the house and the senate take as long as they did proportionately, this thing would not be over until after the election. Meanwhile, cold hard facts, trump his enemies, cold hard facts from evidence on under oath will have been hammered out in those proceedings. If you like this is a nightmare for donald trump and he has no way of stopping it before the election. Mitch mcconnell and all the republicans, how disappointing. Governor weld and i are going to say bunch of things about the president for the next half an hour, and i guarantee you the that most republicans up on capitol hill, they feel in private, exactly what we say publicly. This president , you read the report five months ago, you understand this president obstructed justice, that he lied and instructed and ordered other people to live. It was clear we do read the report that this president believes he is above the law. I dont give a damn what party you know, no party should put up with that. Lynette this ukrainian thing today, this is just the cherry on top. So is it any surprise that donald trump picked up a phone two month ago and call the president of the ukraine, and said, you know what im not going to be the state in less you dig dirt on joe biden. Its not a surprise because donald trump, with abc news, told three months ago that he would take dirt from a foreign government. He deserves to be impeached and everybody should keep their boots on top of these republicans so that they follow their constitution. The next question is the ukraine issue and the fact that the Republican Party has been silent about it. How should the American People feel about that . They should be upset. Its hard to be disappointed in donald trump anymore because this isnt a surprise. Its not. Again, these republicans, i was in congress for 89 years ago, these are publicans, they claimed that they believe in the rule of law. They believe in limited government. They believe in a restrained executive. The Republican Party establishment and i want to be careful what i say because im not lynette talking about Republican Party voters. But i am talking with Republican Party establishment, they are a cult. They abandoned everything they believe in to worship the sky every single day. That should offend all of us. By the way, the republican brand on this president is horrible. Sweater know why they are defending him. They shouldnt. I think the ukraine hereby the ukraine issue is treason and other high crimes and misdemeanors. One thing that is absolutely clear is that is grounds for removal office. Yes any president of the United States essentially selling the results of an american president ial election in which he is a candidate, and reading it in his favor corruptly. The Mueller Report makes it clear that any activity this president takes to benefit himself or his family politically or financially is a corrupt action. The people saying this they are howg it to joe biden, stupid are we supposed to be . How stupid is the president of the ukraine supposed to be . Its vastly illegal. I have all the respect for my friend bill weld. I dont want President Trump hung for treason. We will talk about hanging some other time. We will move onto the next question. To everyone who has read or watched Business Insider report, it is no secret i am highly critical of the president. You guys are republicans and he is the head of your party. He has delivered on republican things like taxes. Are you not concerned that running against the president could hand the white house to, say, Elizabeth Warren . As governor, i never met a tax cut i didnt like. I cut them 20 times, and never raise them. I feel that they could have been more equitable, but this is not a fiscal conservative. He has get along with trillion dollar deficits every year. I was ranked the most fiscally conservative governor in the u. S. And i was governor of mass massachusetts. Doing. Ok some we cant sit still for this guy, a disgrace to the office, almost deed day, he commits some or says something that makes it he isbeyond any doubt unfit for the office of president of the u. S. I wrote the book when i was working on the nixon impeachment, and every day, he transgresses that line. We cannot worry about the general election. All we have is the duty that is staring us in the face right now. President Bernie Sanders, think about it. I have been asked this question a bunch. To we cansh going donald trump if you are bubbles that fit if he challenges him . Yes. That is the point. I want to begin him. Beatld like to beaten him. I do not want him to be our nominee. I am a conservative. You know that. Bill weld knows that. I probably agreed with Bernie Sanders on that many issues. There may be more i agree on with Elizabeth Warren. Our erything everything our Founding Fathers feared. That is in the white house right now. Thats a hell of a lot more important than a tax cut for someone like me. Now onto specifics about the trumpet administration. Many republicans have praised the president s deregulatory post, especially around the environment. The Heritage Foundation says that trump initiation rollbacks have saved the country 33 billion in regulatory funds. Lets hear from the president talking about that two weeks ago. Working with republicans in congress, we slashed 30,000 pages of regulations from the federal register. The government will no longer try to micromanage every rain puddle and regain it free drainage ditch. Isnt that weld . Something president people should be excited about . No it is not. The regulations that were rolled back were the ones that would to protect clean air and water in the u. S. Im a lifelong environmentalist. Inhave a rich tradition conserving our environment. Theodore roosevelt has the National Parks services. The Clean Air Act when president nixon was the president of the u. S. President trump is doing that to slake his dire desire to whatever might be beneficial to the Coal Companies and hes is turning the country upside down because he wants nothing else than for the Coal Companies to like him. He is an insecure individual who needs to be liked. Thats why his cabinet has to praise him. For theerve no credit deregulation efforts. The really the only other toulations that were was protect the big people in the event of another crisis like 2008. Its a balance. The environment and Small Business in this country. You talk to Small Businessmen and women in this country like i have over the last eight or nine years, theyve been more burdened by government regulations than taxes. We want to be good stewards of the environment. We want to acknowledge that Climate Change exists. Too many people think its a hoax, but dont forget about the Small Businessmen and women all over the country who have been burdened by government regulations over the years. We are trying to find balance. Once upon a time, a long time carerepublicans used to about fiscal conservatism. The used to care about the u. S. Budget deficit. Under President Trump, the deficit has exploded to over 1 trillion. Congressman, i thought you were a debt talk hawk . Nothing disappoints me more than this. This is why went to congress. We are bankrupting future generations. You got me. President , all of us republicans screamed and aboutd every day increasing debt and deficits. Trump has actually increased the debt faster than barack obama. Deficits increased our faster than obama. But, all of my former tea party colleagues, what did we hear from them . Nothing. The one more example of Republican Party fealty to trump and they have forgotten about every issue they claimed to be in favor of. When i was in office, i said there is no such thing as government money. There is nobody looking out for taxpayers here. The republicans want to track reason our military. They demonize each other until they dont raise enough money to get reelected, that it then they declare a special meeting and agreed to compromise by raising everything 20 . Its a totally disgrace. Trump has raised it faster than anyone else. Budget added 9 trillion. Keep the truck tax cuts . I would keep them. Then where do you keep where you cut . I cut across the board. You start with last years appropriation. Give to measure outcomes instead of inputs. That should be irrelevant. Prayer good program, increase it. If it isnt, zero it out. It should not have been a tax cut for the wealthy, which is what his tax cut was. A payrollhave been tax cut that middleclass americans would have benefited from. Republicans and democrats dont get this. We have a spending problem. Both parties like to spend a lot of money. If you listen to these democrats, they will spend a lot of time rapping on trump. These democrats, they are all genuine. They never talk about how much these things will cost. I will give you another 30 seconds. In terms of cutting the budget, lets say you have a Preventive Health program which avoids a lot of delivers a lot of good savings. Bureaucracy where no one can tell you where it came from, probably a relationship between some longtailed u. S. Senator and equally long dead chair of ways and means, you cut it to zero. Thats where the big money is. You have to have the political will to do that and not say there are a bunch of sacred cows. No more sacred cows. Business investment is down. Any fracturing is in a slump. Central banks are preparing for an economic slowdown. Taxesthe u. S. Have cut and President Trump has pushed the Federal Reserve to lower interest rates, which he did last week. How do you get the country in the right financial footing within the first 100 days . Which policies do you enact . Stop doing Foreign Policy and foreign measures with taxes and putting sanctions on everybody. The president says im a tariff man. Its amazing how ignorant he is in Foreign Policy. The 1930s. Riffs in it deepened the great depression. He thinks when he slaps the tariffs on china. Its paid by American Farmers and american businesses who need to import something from china and Everybody Knows it. Mr. Trump thinks a car made in north america is made by United States or mexico. The average car north america travels across the u. S. Mexico border 22 times. Depending on the wage scale. Everybody makes a better with free trade. United states always makes it our best because we are the highest productivity per worker. Im going to say too much tonight and my Campaign Manager was called me. Will scold me. Anybody in the Business Community right now, you talk to investors or Small Businessmen and women, they dont know what trump is doing from hour to hour. You dont know who he will attack with a tweet. You dont know which private business you will go after. The uncertainty, the hourbyhour fear has everybody in the Business Community outage. They are not investing or hiring. This is where your slowdown is coming from along with what governor wells said. These tariffs are finally getting to have an impact. I would get rid of the tariffs and would not tweet crazy craft every morning. No tweeting in the walsh administration. Stuff , but at crazy but not crazy stuff. Some economists blamed the slowing economy on the trade war. President trump has put tariffs on a slew of goods. Disagreey americans with trumps methods on handling this issue, they do agree that the u. S. Relationship with china economically needs to change. Without tariffs, how do you change the relationship . China cheats. They dont just to cheat against us. They cheat against the world. They have been doing it for a long time. Incomes trump. He throws down tariffs against everybody and goes that china all by himself. We pay the price. Our farmers and Small Businessmen and women. Made his supporters out there on an island. Worldd of rallying the and creating a coalition, maybe getting us back into a position where we could have a coalition of countries that could deal with china, he is done by itself himself and we have paid a big price. New signed tpp, what do you do . I would in a heartbeat. I pointed out that during the campaign, trump said we could join the Transpacific Partnership because it would be dominated by china. He is so ignorant about Foreign Affairs that he didnt know china was not a member. Idea was we would have a consortium of nations without china at the table. It would be our beachhead in asia. Even the treaty with iran, he is scrounging around to go back to square one before he wrapped up ripped up the deal. The relationship has to be complex. Xi jinping i had high hopes for. Subsidized all of the state owned enterprises and we are getting our brains beat. They are complete scofflaws and ip. Rip. On ip. According to a recent brookings report, 25 of jobs could be disrupted by automation. Nearly every job could be affected. Proactively todo deal with automation and the no one in washington is doing the slightest thing about this. Our jobs in 25 of the next 10 years owing to ai and robotics and machine learni