QUINTANILLA: Good evening, I’m Carl Quintanilla, with my colleagues Becky Quick and John Harwood. We’ll be joined tonight by some of CNBC’s top experts on the markets and personal finance.,
HARWOOD: Mr. Trump, you’ve done very well in this campaign so far by promising to build a wall and make another country pay for it.,

HARWOOD: Send 11 million people out of the country. Cut taxes $10 trillion without increasing the deficit.,

HARWOOD: And make Americans better off because your greatness would replace the stupidity and incompetence of others.,

HARWOOD: Let’s be honest.,,Is this a comic book version of a presidential campaign?,


HARWOOD: We’re at the 60 seconds.,

HARWOOD: We’re at 60 seconds, but I gotta ask you, you talked about your tax plan. You say that it would not increase the deficit because you cut taxes $10 trillion in the economy would take off like…,,
HARWOOD: Hold on, hold on. The economy would take off like a rocket ship.,

HARWOOD: I talked to economic advisers who have served presidents of both parties. They said that you have as chance of cutting taxes that much without increasing the deficit as you would of flying away from that podium by flapping your arms.,

HARWOOD: The Tax Foundation says — has looked at all of our plans and — and his creates, even with the dynamic effect, $8 trillion dollar deficit…
QUICK: Gentlemen — we’ll — we’ll get back to this — just a minute — just a minute we’re gonna continue this.,I wanna talk taxes…,
QUINTANILLA: Hold it. We’ll cut it back to you in just a minute. Becky’s moving on.,
QUICK: Dr. Carson, let’s talk about taxes.,You have a flat tax plan of 10 percent flat taxes, and — I’ve looked at it — and this is something that is very appealing to a lot of voters, but I’ve had a really tough time trying to make the math work on this.,If you were to took a 10 percent tax, with the numbers right now in total personal income, you’re gonna come in with bring in $1.5 trillion. That is less than half of what we bring in right now. And by the way, it’s gonna leave us in a $2 trillion hole.,So what analysis got you to the point where you think this will work?,

QUICK: I — I understand that, but if you — if you look at the numbers you probably have to get to 28.,

QUICK: 15 percent still leaves you with a $1.1 trillion hole.,

QUICK: You’d have to cut — you’d have to cut government about 40 percent to make it work with a $1.1 trillion hole.,

QUICK: That is true, I looked at the numbers.,

QUICK: Dr. Carson, thank you.,

HARWOOD: Governor Kasich, hold it, I’m coming to you right now. The…,

HARWOOD: Well, I’m asking you about this.,

HARWOOD: I’m about to ask you about this.,That is, you had some very strong words to say yesterday about what’s happening in your party and what you’re hearing from the two gentlemen we’ve just heard from. Would you repeat it?,

HARWOOD: Well, let’s just get more pointed about it. You said yesterday that you were hearing proposals that were just crazy from your colleagues.,Who were you talking about?,

QUINTANILLA: Governor — Governor. thank you, Governor.,

QUINTANILLA: Mr. Trump, 30 seconds.,


QUICK: Governor…,


QUINTANILLA: Thank you, Governor.,
QUICK: Dr. Carson, let me get 30 seconds with Dr. Carson…,,

QUICK: Thank you.,


QUICK: Senator — Senator, thank you.,

QUICK: Gentlemen, I’m sorry, we need to…,,
QUINTANILLA: We’re going to try to move on.,,

QUINTANILLA: You want to bring 70,000 pages to three?,

QUINTANILLA: Is that using really small type?,

QUINTANILLA: Is that using really small type?,

QUINTANILLA: Mrs. Fiorina —,

QUINTANILLA: We’re going to —,
QUICK: We’re going to move on.,
QUINTANILLA: We will come around the bend, i promise. This one is for Senator Rubio. You’ve been a young man in a hurry ever since you won your first election in your 20s. You’ve had a big accomplishment in the Senate, an immigration bill providing a path to citizenship the conservatives in your party hate, and even you don’t support anymore. Now, you’re skipping more votes than any senator to run for president. Why not slow down, get a few more things done first or least finish what you start?,

QUINTANILLA: So when the Sun-Sentinel says Rubio should resign, not rip us off, when they say Floridians sent you to Washington to do a job, when they say you act like you hate your job, do you?,

QUINTANILLA: Well, do you hate your job?,

QUINTANILLA: Is that the standard?,

QUINTANILLA: Senator, thank you. John.,


QUICK: Thirty seconds.,





QUINTANILLA: Thank you, Senator.,

HARWOOD: Hold on. I think there’s a — I’ve got question for —,,

HARWOOD: Hold on, Governor. I’ve got a question for Governor Bush.,,
HARWOOD: No, we’re moving to Governor Bush. Governor, the fact that you’re at the fifth lectern tonight shows how far your stock has fallen in this race, despite the big investment your donors have made.,
HARWOOD: You noted recently, after slashing your payroll, that you had better things to do than sit around and be demonized by other people. I wanted to ask you —,

HARWOOD: OK.,

HARWOOD: Got it.,

HARWOOD: But it’s a — OK. It’s a — it’s a question about why you’re having difficulty. I want to ask you in this context.,Ben Bernanke, who was appointed Fed chairman by your brother, recently wrote a book in which he said he no longer considers himself a Republican because the Republican Party has given in to know- nothingism. Is that why you’re having a difficult time in this race?,

HARWOOD: Thank you, Governor.,,
HARWOOD: We’re gonna get down the line. Becky’s got a question.,
QUICK: We’ll get to everyone.,Ms. Fiorina, I — I’d like to ask you a question. You are running for president of the United States because of your record running Hewlett-Packard. But the stock market is usually a fair indicator of the performance of a CEO, and the market was not kind to you.,Someone who invested a dollar in your company the day you took office had lost half of the dollar by the day you left. Obviously, you’ve talked in the past about what a difficult time it was for technology companies, but anybody who was following the market knows that your stock was a much worse performer, if you looked at your competitors, if you looked at the overall market.,I just wonder, in terms of all of that — you know, we look back, your board fired you. I just wondered why you think we should hire you now.,

QUICK: Mrs. Fiorina, it’s interesting that you bring up Mr. Perkins, because…, …he said a lot of very questionable things. Last year, in an interview, he said that he thinks wealthy people should get more votes than poor people.,I think his quote was that, “if you pay zero dollars in taxes, you should get zero votes. If you pay a million dollars, you should get a million votes.” Is this the type of person you want defending you?,

QUICK: Mrs. Fiorina.,

QUICK: Thank you, we’re out of time. Thank you, Mrs. Fiorina.,Carl.,
QUINTANILLA: Senator Cruz. Congressional Republicans, Democrats and the White House are about to strike a compromise that would raise the debt limit, prevent a government shutdown and calm financial markets that fear of — another Washington-created crisis is on the way.,Does your opposition to it show that you’re not the kind of problem-solver American voters want?,

QUINTANILLA: (inaudible) do we get credit (inaudible)?,


QUINTANILLA: So, this is a question about (inaudible), which you have 30 seconds left to answer, should you choose to do so.,

QUINTANILLA: OK. (inaudible) I asked you about the debt limit and I got no answer.,,



HARWOOD: Senator Paul, I’ve got a question for you on the same subject.,

HARWOOD: Senator Paul?,

HARWOOD: You used your time on something else.,Senator Paul?,

HARWOOD: Senator Paul, the budget deal crafted by Speaker Boehner and passed by the House today makes cuts in entitlement programs, Medicare and Social Security disability, which are the very programs conservatives say need cutting to shrink government and solve our country’s long-term budget deficit. Do you oppose that budget deal because it doesn’t cut those programs enough?,

HARWOOD: Senator, if what you just said is true, why did Speaker Boehner craft this deal and why did Paul Ryan, who has a strong reputation for fiscal discipline, vote for it?,

HARWOOD: Thank you, Senator (inaudible).,
QUICK: Governor Christie, I’d like to (inaudible) a question next. Actually, I have a question for you (inaudible).,In your tell it like it is campaign, you’ve said a lot of tough things. You’ve said that we need to raise the retirement age for Social Security. You think that we need to cut benefits for people who make over $80,000 and eliminate them entirely for seniors who are making over $200,000.,Governor Huckabee, who is here on the stage, has said that you and others who think this way are trying to rob seniors of the benefits that they’ve earned. It raises the question: When it is acceptable to break a social compact?,

QUICK: …Governor…,

QUICK: …Thank you.,
QUINTANILLA: We promised we would get to everyone this block. Governor Huckabee, I’m going to give you 60 seconds on this.,

QUINTANILLA: …Governor…,

QUINTANILLA: …Thank you, Governor…,

QUINTANILLA: …Senator Cruz…,

QUINTANILLA: OK, alright.,

MALE: And, by the way, Carl…,,




QUINTANILLA: Senator Cruz…,

QUINTANILLA: …Before we go to break, we’re clearly not having that beer you mentioned, but I’ll give you 30 more seconds…,

QUINTANILLA: OK.,

QUINTANILLA: I’ll give you 30 seconds to respond…,(CHEERING),
QUINTANILLA: (INAUDIBLE),

QUINTANILLA: Respond on the debt limit, or an answer to the governor, which ever you choose.,

QUINTANILLA: 30 seconds, Governor Huckabee.,


QUINTANILLA: Governor, thank you. We will take a break. The Republican Presidential debate, live from Boulder, Colorado, coming back after a break on CNBC.,,(COMMERCIAL BREAK),
QUICK: Welcome back to the presidential debate for the Republicans. We are live in Boulder, Colorado, right here on CNBC.,Folks, we’ll get right back into this.,Mr. Trump, let’s talk a little bit about bankruptcies. Your Atlantic City casinos filed for bankruptcy four times. In fact, Fitch, the ratings agency, even said that they were serial filers for all of this. You said that you did great with Atlantic City, and you did. But some of the individuals — the bondholders, some of the contractors who worked for you, didn’t fare so well.,Bankruptcy is a broken promise. Why should the voters believe the promises that you’re telling them right now?,

QUICK: Mr. Trump, thank you.,

CRAMER: Dr. Carson, in recent weeks, a number of pharmaceutical companies has been accused of profiteering, for dramatically raising the prices of life-saving drugs. You have spent a lifetime in medicine.,Have these companies gone too far? Should the government be involved in controlling some of these price increases?,

CRAMER: Thank you, Dr. Carson.,Governor Christie, there has been a lot of political rhetoric that some bank executives should have gone to jail for the 2008 financial crisis.,But General Motors paid more than $1 billion in fines and settlements for its ignition switch defect. One hundred and twenty- four people died as a result of these faulty switches. No one went to jail.,As a former prosecutor, do you believe the people responsible for the switch and the cover-up belong behind bars?,

CRAMER: Thank you, Governor Christie.,
HARWOOD: Jim, thanks.,Governor Bush, in a debate like this four years ago, every Republican running for president pledged to oppose a budget deal containing any tax increase even if it had spending cuts ten times as large.,A few months later, you told Congress, put me in, coach, you said you would take that deal. Still feel that way?,

HARWOOD: But to — to the point that you made to Congress, if you were president and you were offered a bipartisan deal that had one dollar…,

HARWOOD: …one dollar of tax increases per ten dollars of spending cuts, would you take it?,

HARWOOD: So you don’t want the coach to put you in any more?,

HARWOOD: Thank you, governor.,Carl?,
QUINTANILLA: Mrs. Fiorina, in 2010, while running for Senate in Tech Ridge (ph), California, you called an Internet sales tax a bad idea. Traditional brick and mortar stores obviously disagree. Now that the Internet shopping playing field has matured, what would be a fair plan to even that playing field?,

QUINTANILLA: Mrs. Fiorina.,

QUINTANILLA: OK.,

QUINTANILLA: Thank you very much.,
QUICK: Senator Rubio, you yourself have said that you’ve had issues. You have a lack of bookkeeping skills. You accidentally inter-mingled campaign money with your personal money. You faced (ph) foreclosure on a second home that you bought. And just last year, you liquidated a $68,000 retirement fund. That’s something that cost you thousands of dollars in taxes and penalties.,In terms of all of that, it raises the question whether you have the maturity and wisdom to lead this $17 trillion economy. What do you say?,

QUICK: Senator, I understand all of that. I had a lot of student loans when I got out, too. But you’ve had a windfall that a lot of Americans haven’t. You made over a million dollars on a book deal, and some of these problems came after that.,

QUICK: But you — but you liquidated that retirement account after the fact, and that cost you about $24,000 out of that in taxes and feed. That — that was after you’d already come into that windfall. That’s why I raised the question.,

HARWOOD: Governor John Kasich, you’ve called for abolishing the Export Import Bank, which provides subsidies to help American companies compete with overseas competitors. You call that corporate welfare.,One of the largest newspapers in your state wrote an editorial, said they found that strange, writing, that if that’s corporate welfare, what does Kasich call the millions of dollars in financial incentives doled out to attract or retain jobs by his development effort — jobs Ohio.,If subsidies are good enough for Ohio companies, why aren’t they good enough for companies trying to compete overseas?,

HARWOOD: Thank you, Governor.,

HARWOOD: Thank you, Governor. Thank you.,
QUICK: Yes, thank you John.,Senator Cruz, working women in this country still earn just 77 percent of what men earn. And I know that you’ve said you’ve been very sympathetic to our cause. But you’ve also you said that the Democrats’ moves to try and change this are the political show votes.,I just wonder what you would do as President to try and help in this cause?,



QUICK: Mrs. Fiorina —,

QUICK: Mrs. Fiorina, we will come back to you.,

QUICK: Thank you, Mrs. Fiorina. Carl?,,
QUINTANILLA: Dr. Carson, we know you as a physician, but we wanted to ask you about your involvement on some corporate boards, including Costco’s. Last year, a marketing study called the warehouse retailer the number one gay-friendly brand in America, partly because of its domestic partner benefits.,Why would you serve on a company whose policies seem to run counter to your views on homosexuality?,

QUINTANILLA: One more question. This is a company called Mannatech, a maker of nutritional supplements, with which you had a 10-year relationship. They offered claims that they could cure autism, cancer, they paid $7 million to settle a deceptive marketing lawsuit in Texas, and yet you’re involvement continued. Why?,

QUINTANILLA: To be fair, you were on the homepage of their website with the logo over your shoulder —,

QUINTANILLA: Does that not speak to your vetting process or judgment in any way.,

QUINTANILLA: Apparently. We will take a break. We’ll be back in Boulder in just a minute.,(COMMERCIAL BREAK),
HARWOOD: Welcome back to the Republican presidential debate on CNBC, live from Boulder, Colorado at the University of Colorado.,Senator Huckabee, I mean — excuse me — Senator Rubio, Wired magazine recently carried the heading, “Marco Rubio wants to be the tech industry’s savior.” It noted your support for dramatically increasing immigration visas called H1B, which are designed for workers with the special skills that Silicon Valley wants.,But your Senate colleague, Jeff Sessions of Alabama, says in reality, the tech industry uses this program to undercut hiring and wages for highly qualified Americans. Why is he wrong?,

HARWOOD: It sounds like you think Senator Sessions is wrong to believe there is enough abuse in that program that we shouldn’t…,,

HARWOOD: Thank you, Senator.,Becky?,
QUICK: Mr. Trump, let’s stay on this issue of immigration. You have been very critical of Mark Zuckerberg of Facebook who has wanted to increase the number of these H1Bs.,

QUICK: So you’re in favor of…,,

QUICK: Where did I read this and come up with this that you were…,,


QUICK: You know, Mr. — you know, Mr. Trump, if I may (inaudible). You’ve been — you have been — you had talked a little bit about Marco Rubio. I think you called him Mark Zuckerberg’s personal senator because he was in favor of the H1B.,

QUICK: So this was an erroneous article the whole way around?,

QUICK: My apologies. I’m sorry.,,


QUICK: Yes, you can.,

QUICK: Senator Rubio, thank you very much.,I would like to introduce my colleague, Rick Santelli, he has some comments as well, sir.,
SANTELLI: Senator Cruz, let’s focus on our central bank, the Federal Reserve. You’ve been a fierce critic of the Fed, arguing for more transparency. Where do you want to take that?,Do you want to get Congress involved in monetary policy, or is it time to slap the Fed back and downsize them completely? What are your thoughts? What do you believe?,

SANTELLI: Senator Paul, the same question to you.,

SANTELLI: Thank you, Senator.,,Dr. Carson, you told The Des Moines Register that you don’t like government subsidies, it interferes with the free market. But you’ve also said that you’re in favor of taking oil subsidies and putting them towards ethanol processing.,Isn’t that just swapping one subsidy for another, Doctor?,

QUICK: You know, Mr. Trump, if I may…,,
QUICK: Just a minute, Ms. Fiorina, let me follow up on this for just a moment.,You talked a little bit about Marco Rubio. I think you called him “Mark Zuckerberg’s personal senator” because he was in favor H- 1B…,,

QUICK: So this was an erroneous article the whole way around?,

QUICK: My apologies. I’m sorry…,,


QUICK: Yes. Yes, you may.,

QUICK: Senator Rubio, thank you very much.,I would like to introduce my colleague, Rick Santelli, he has some comments as well, sir.,
SANTELLI: Senator Cruz, let’s focus on our central bank, the Federal Reserve. You’ve been a fierce critic of the Fed, arguing for more transparency. Where do you want to take that?,Do you want to get Congress involved in monetary policy, or is it time to slap the Fed back and downsize them completely? What are your thoughts? What do you believe?,

SANTELLI: Senator Paul, the same question to you.,

SANTELLI: Thank you, Senator.,,Dr. Carson, you told The Des Moines Register that you don’t like government subsidies, it interferes with the free market. But you’ve also said that you’re in favor of taking oil subsidies and putting them towards ethanol processing.,Isn’t that just swapping one subsidy for another, Doctor?,

SANTELLI: Thank you, Doctor.,Becky?,
QUICK: Rick, thank you very much.,Governor Huckabee, you have railed against income inequality. You’ve said that some Wall Street executives should have gone to jail over the roles that they played during the financial crisis.,Apart from your tax plan, are there specific steps you would require from corporate America to try and reduce the income inequality.,

QUICK: Governor?,

QUICK: Governor?,

QUICK: Thank you. Now, everybody else has fudged their time and gone over, so please, don’t cut me off too quick, Becky.,
QUICK: All right, Governor Huckabee.,

QUICK: How about 15 more seconds?,

QUICK: Governor?,

QUICK: Governor, I’m sorry…,

QUICK: Governor, thank you.,

QUICK: Governor, thank you. Appreciate it.,John?,
HARWOOD: Governor Bush, the tax reform bill that Ronald Reagan signed in 1986 cut the top personal income tax rate to 28 percent — just like your plan does. But President Reagan taxed capital gains at the same rate, while you would tax them at just 20 percent.,Given the problems we’ve been discussing, growing gap between rich and poor, why would you tax labor at a higher rate than income from investments?,

HARWOOD: Senator Rubio, 30 seconds to you.,The Tax Foundation, which was alluded to earlier, scored your tax plan and concluded that you give nearly twice as much of a gain in after-tax income to the top 1 percent as to people in the middle of the income scale.,Since you’re the champion of Americans living paycheck-to- paycheck, don’t you have that backward?,

HARWOOD: The Tax Foundation — just to be clear, they said the…,,

HARWOOD: No, I did not.,

HARWOOD: Senator, the Tax Foundation said after-tax income for the top 1 percent under your plan would go up 27.9 percent.,

HARWOOD: And people in the middle of the income spectrum, about 15 percent.,

HARWOOD: (inaudible),





HARWOOD: Senator, thank you.,

QUINTANILLA: …We’ll come back around. I want to get to governor Kasich.,

QUICK: It’s at the moderator discretion.,
QUINTANILLA: Governor Kasich, let’s talk …,,
QUINTANILLA: …about Marijuana, Governor Kasich…,

QUINTANILLA: Alright, but 30 seconds, you made a case. Sure, 30 seconds.,

QUINTANILLA: Senator, thank you.,

QUINTANILLA: Oh, no, no, no…,

QUINTANILLA: …Ok…,

MALE: (INAUDIBLE),

MALE: What are you doing?,

QUINTANILLA: …We’re going to go to…,

QUINTANILLA: OK. Thank you, Senator. Governor Kasich, let’s talk about marijuana. We’re broadcasting from Colorado which has seen $150 million in new revenue for the state since legalizing last year. Governor Hickenlooper is not a big fan of legalization, but he’s said the people who used to be smoking it are still smoking it, they’re just now paying taxes.,Given the budget pressures in Ohio, and other states, is this a revenue stream you’d like to have?,


QUINTANILLA: Thank you, Governor.,

QUINTANILLA: Thank you. We’ll be back from Boulder, Colorado in just a moment.,,(BREAK),
QUICK: Welcome back to the University of Colorado and the Republican presidential debate right here on CNBC.,Mr. Trump, I want to go back to an issue that we were talking about before, the H-1B visas. I found where I read that before. It was from the donaldjtrump.com website and it says — it says that again, Mark Zuckerburg’s personal senator, Marco Rubio has a bill to triple H-1Bs that would decimate women and minorities. Are you in favor of H-1Bs or are you opposed to them?,

QUICK: Thank you, sir.,

QUICK: You were. You get 30 seconds.,

QUICK: Thank you, Senator. Thank you, Senator.,Carl?,
QUINTANILLA: Mr. Trump, you’ve said you have a special permit to carry a gun in New York.,

QUINTANILLA: After the Oregon mass shooting on October 1st, you said, “By the way, it was a gun-free zone. If you had a couple of teachers with guns, you would have been a hell of a lot better off.”,

QUINTANILLA: Would you feel more comfortable if your employees brought guns to work?,

QUINTANILLA: Are you carrying one now?,,,

QUINTANILLA: We called a few Trump resorts, a few Trump properties that — that do not allow guns with or without a permit. Would you change those policies?,

QUINTANILLA: OK. All right. Thank you.,John?,
HARWOOD: Governor Huckabee, you’ve written about the huge divide in values between middle America and the big coastal cities like New York and Los Angeles. As a preacher as well as a politician, you know that presidents need the moral authority to bring the entire country together.,The leading Republican candidate, when you look at the average of national polls right now, is Donald Trump. When you look at him, do you see someone with the moral authority to unite the country?,

UNKNOWN: Is it made in Mexico?

UNKNOWN: Where’s it made? Is it made in China?,
UNKNOWN: Is it made in China or Mexico?,



guy: The only guy that has consistently fought the Clinton machine every election I was ever in over the past 26 years. And not only did I fight them, but I beat them.,Somebody says “I’m a fighter.” Well, I want to know, did you win? Well, I did. And not only did I fight them and win, I lived to tell about it and I’m standing on this stage tonight as evidence of that. And I think that ought to be worth something.,
HARWOOD: Thank you, Governor.,

HARWOOD: Thank you, Governor.,Don’t forget my colleague, Sharon Epperson.,
EPPERSON: Thank you, John.,Mrs. Fiorina, you were the CEO of a large corporation that offers a 401(k) to its employees. But more than half of American have no access to an employer sponsored retirement plan.,That includes the workers at small businesses, and the growing ranks of Uber drivers and other part-timers in the freelance economy.,Should the Federal Government play a larger role in helping to set up retirement plans for these workers?,

EPPERSON: So you wouldn’t agree — you wouldn’t agree with a start for 401(k) for businesses or anything like that?,

EPPERSON: Thank you very much.,

EPPERSON: Thank you, the rules say one minute.,

EPPERSON: Thank you, Ms. Fiorina. We appreciate it. Thank you, thank you.,I want to turn my attention now, to you now, Governor Kasich.,Most people can’t get a college degree without going into debt. Over 40 million Americans have student loans and many of them cannot pay them back.,This country has over $100 billion in student loan defaults. That’s billion with a b.,What will you do to make sure that students, their families, taxpayers, won’t feel the economic impact of this burden for generations?

EPPERSON: Thank you, thank you.,

QUICK: Higher education is the example…,

QUINTANILLA: Governor Bush, daily fantasy sports has become a phenomenon in this country, will award billions of dollars in prize money this year. But to play you have to assess your odds, put money at risk, wait for an outcome that’s out of your control. Isn’t that the definition of gambling, and should the Federal Government treat it as such?,

QUINTANILLA: I had a feeling you were going to brag about that.,



QUICK: I want to go back, if I can, to the issue of…,,
QUICK: I want to go back, if I may, to the…
HARWOOD: Governor Christie, you’ve said something that many in your party do not believe, which is that climate change is undeniable, that human activity contributes to it, and you said,
quote: “The question is, what do we do to deal with it?”.,So what do we do?,

HARWOOD: What should we do?,

HARWOOD: You mean government?,

HARWOOD: Thank you, Governor.,,
HARWOOD: Becky.,
QUICK: Senator Paul, among the leading conservative opponents to the creation of Medicare back in the 1960s was Ronald Reagan. He warned that it would lead to socialism. Considering the mounting cost of Medicare, was he right to oppose it?,

QUICK: Senator, thank you.,UNIDENTIFIED
MALE: Becky, may I…,
QUINTANILLA: This is the– well, we’re going to take a break. We want to save time for closing statements after the break.,So this is the Republican presidential debate in Boulder, and we’ll be right back.,(COMMERCIAL BREAK),,
QUICK: Welcome back to Boulder, Colorado and the Republican presidential debate right here on CNBC.,Governor Huckabee, you wanted to respond to the points that Senator Rand
 Paul was just making when it comes to Social Security. Your time, sir.,


QUICK: Thank you, Governor.,,

HARWOOD: Governor Bush, Mr. Trump says that he is capable of growing the economy so much that Social Security and Medicare don’t have to be touched. Do you want to explain how that is going to happen, Mr. Trump?,

UNKNOWN: Governor, you just heard him.,



UNKNOWN: Governor Kasich, do you want 30 seconds?,

QUICK: Governor.,

QUICK: Governor, thank you.,Senator Paul, let’s go back to you. Do these solutions sound like they work?,

QUICK: Do these solutions sound like they would work?,

UNKNOWN: …to deal with this. We did it 200 days ago.,
HARWOOD: Hold on, Governor. I’ve got a question for — for Dr. Carson.,

HARWOOD: Yes. You’ve said that you would like to replace Medicare with a system of individual family savings accounts, so that families could cover their own expenses.,Obviously, that would be a very controversial idea. Explain how that would work, exactly.,

QUICK: Thank you, Dr. Carson.,Governor?,

QUINTANILLA: Senator Rubio…,
HARWOOD: Governor, do you also think that…,
QUINTANILLA: …yeah, I just wanted (inaudible).,
HARWOOD: …that Dr. Carson’s right, that we can replace Medicare with individual savings accounts?,

QUINTANILLA: I want to give you 30 seconds here.,


HARWOOD: Mrs. Fiorina, we’re right at the end of our time.,

HARWOOD: You all wanted us to limit (inaudible).,All right. Go ahead.,