'This Week' Transcript: Stephanie Cutter and Eric Fehrnstrom

WILL: They have. But I'm glad they did bring this to trial, because I think it served two public functions. The first is the jury, by acquitting him and by hanging on other issues, said essentially that the rule of law presupposes that the law will give the citizen due notice of what behavior is mandatory and what is proscribed. And they said in this case, who knows? And that's the second point. This case dramatized how baroque and murky the laws encrusting our political activities have now become. It's not unusual, as you know, for a campaign to spend 15 percent of its money on lawyers, just to try and decipher this.

STEPHANOPOULOS: How careful are you two now on anything dealing with, you know, the crossover between campaign -- well, you're both in the campaigns right now. Do you think about that, the idea that at some point lawyers or somebody might be looking?

CUTTER: Well, I mean, I agree with George that our campaign finance laws are arcane and complicated, and you need to be careful. We obviously have lawyers working on the campaign to ensure that we're doing everything by the book. So I can't speak for Eric, if he's talking to lawyers at all.

FEHRNSTROM: Well, in terms of campaign finance, of course, there are -- there are lawyers associated with the campaign that make sure that the raising of funds is all done according to law and regulation. And I know that, you know, there's an effort, constant effort to make sure that the campaigns -- both campaigns -- are in compliance with the law.

STEPHANOPOULOS: And it's not easy. I want to get to one more issue before we go. Michael Bloomberg this week banning the sale of 16 -- anything over 16 ounces of soda in movie theaters, restaurants (inaudible) got that ad right there in the New York Times. It says he's the nanny. And, George, I got to -- I got to confess, the minute I heard about this plan from -- from Michael Bloomberg, the first person I thought about was you...

(CROSSTALK)

WILL: Let me read you what Michael Bloomberg said, because in one sentence, he's got the essence of contemporary liberalism, that is something preposterous and something sinister. Listen to this. We're not taking away anyone's right to do things. Could have fooled me. We're simply forcing you to understand. Now, that's modern liberalism, the delight in bossing people around, the kind of irritable gesture that'll have no public...

STEPHANOPOULOS: But it is a massive problem, George. Obesity is a problem across the country.

WILL: Of course it is. And regulating the size of these drinks at some outlets will do nothing about it. By the way, the sale of sugary, carbonated sodas has fallen 24 percent since 1990. The American people are getting the word on this. But what this really says is -- what Bloomberg is saying, the government helps with your health care, the government's implicated in your health, therefore, we own you, therefore, the government can fine-tune all the decisions you make pertinent to your health.

STEPHANOPOULOS: You're free to buy two, I guess.

BRAZILE: We have a public health crisis. Obesity is a national problem. I don't think you can solve it by banning one of many sugary things out there. And besides, people will just cross over the Hudson and get a big gulp over there. I don't drink sodas, George. We had Kool-Aid growing up, so I never developed a habit. But...

STEPHANOPOULOS: That's got about twice as much sugar as soda, right?

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