Transcript: Rahm Emanuel and Rep. John Boehner

BOEHNER: When it comes to the issue of climate change, George, it's pretty clear that if we don't work with other industrialized nations around the world, what's going to happen is that we're going to ship millions of American jobs overseas. We have to deal with this in a responsible way.

STEPHANOPOULOS: So what is the responsible way? That's my question. What is the Republican plan to deal with carbon emissions, which every major scientific organization has said is contributing to climate change?

BOEHNER: George, the idea that carbon dioxide is a carcinogen that is harmful to our environment is almost comical. Every time we exhale, we exhale carbon dioxide. Every cow in the world, you know, when they do what they do, you've got more carbon dioxide. And so I think it's clear...

STEPHANOPOULOS: So you don't believe that greenhouse gases are a problem in creating climate change?

BOEHNER: ... we've had climate change over the last 100 years -- listen, it's clear we've had change in our climate. The question is how much does man have to do with it, and what is the proper way to deal with this? We can't do it alone as one nation. If we got India, China and other industrialized countries not working with us, all we're going to do is ship millions of American jobs overseas.

STEPHANOPOULOS: But it sounds like from what you're saying that you don't believe that Republicans need to come up with a plan to control carbon emissions? You're suggesting it's not that big of a problem, even though the scientific consensus is that it has contributed to the climate change.

BOEHNER: I think it is -- I think it is an issue. The question is, what is the proper answer and the responsible answer?

STEPHANOPOULOS: And what is the answer? That's what I'm trying to get at.

BOEHNER: George, I think everyone in America is looking for the proper answer. We don't want to raise taxes, $1.5 to $2 trillion like the administration is proposing, and we don't want to ship millions of American jobs overseas. And so we've got to find ways to work toward this solution to this problem without risking the future for our kids and grandkids.

STEPHANOPOULOS: So you are committed to coming up with a plan?

BOEHNER: I think you'll see a plan from us. Just like you've seen a plan from us on the stimulus bill and a better plan on the budget.

STEPHANOPOULOS: Finally, also this week, we saw these TEA party tax day protests coming out across the country. Yet, one of the organizers of the protests, one of your predecessors, Dick Armey, former Republican leader in the House, said even as he was going forward with the protests, that the taxes of the United States are now at a good level. Do you agree?

BOEHNER: I think the taxes in America continue to be too high, and if you talk to the people I talk to at the taxpayer protests out in Bakersfield, California, they didn't believe their taxes were too low or about right. They thought they were too high.

George, when I talk to people at these rallies, it was pretty clear people are scared to death. And they're scared to death about the future for their kids and their grandkids, and the facts that the American dream may not be alive for their kids and grandkids. That's what really scares them.

STEPHANOPOULOS: But on the issue...

BOEHNER: They understand that you can't borrow and spend your way to prosperity.

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