Romney: Obama in Debates Will 'Say Things That Aren't True'

Part two of George Stephanopoulos' exclusive interview.
3:00 | 09/14/12

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Transcript for Romney: Obama in Debates Will 'Say Things That Aren't True'
Let's talk some politics right now you've got from home. Allies of -- who -- little worried about. The campaign. George -- on my program. On Sunday access looks at an economic environment you've talked about it says if the Republican Party cannot win in this environment as to get out of politics and find another business. Laurie Ingram if you can't beat Barack Obama -- this record and shut down party shut it down what do you say to him. Well. You know beating an incumbent is never easy. The president exudes an air of like ability and and friendliness which -- -- -- But at the same time I think people recognize that he is not done the job. They expected him to do and that he promised he would do if your -- that further behind bars doing better while I'm doing well -- we're. Virtually tied in the polls some days up. Some days down a point or two we're doing well in swing states and this is a campaign which I think will come into focuses debates occurred. The president got a bit of a bump after his convention got a bit of -- ball after hours it's gonna go back and forth -- the nation. It is pretty evenly divided it ultimately is that the outcome is decided by the people in the middle they're taking a close look. A lot of the -- make their mind up until the very very last moment. And I believe that as they look at who they believe can get this economy strong again. And create jobs again and rising wages and take home pay for middle income families. They're gonna say I get the best prospects for doing that not that they're not there right now you're behind here in Virginia exit polls show that. Behind in Ohio can you get the 270 electoral votes without those two states. Well I'm a man had a lot of states -- -- so this morning ahead of Florida and North Carolina cash were even tied at Wisconsin they these polls are gonna bounce around a lot. I don't pay a lot of attention data data which states up and which ones down but I believe. The when the final decisions are being made by the American people they're gonna ask themselves who to -- have confidence. To keep America safe. And who I believe can keep park can get our economy doing what it needs to do which is creating creating jobs for our kids and for -- What that the 23 billion people. They're unemployed today -- more more than poll numbers. But the numbers 23 and 4716. And 23 million Americans out of work or underemployed. 47 people 47 million people on food stamps sixteen trillion -- debt. And now the Federal Reserve it says look this economy is not going well. They're going to QE3 they're gonna print more money. But what what support that well what -- not he's doing is saying that what the president saying is wrong president -- economies making progress coming back. Bernanke saying no it's not I got to print more money I don't think what Bernanke is doing is -- Get the economy going I think we have to have -- -- leadership in Washington that encourages the private sector. I think putting more money at this point comes at a higher cost -- the bettors could create you wouldn't reappoint him if you want. I would like to appoint someone that I selective and I would look for someone -- -- the current incumbent let me ask you also -- -- you talk with these voters are still looking. And we had a poll coming out this week it says by two to one margin voters want to -- more detail from you on your policy 63%. Voters are they going to get that are -- prepared to come out with a more specific more detailed platform. Well actually as you know like I've published a book is about a 150 pages -- with 59 steps as to what it takes to get this kind of you know breaking through. At well people like and it's -- -- read a book and so that means in the speeches I give over the coming weeks I need to lay out some of the principals are described in that book and and I will. In more detail and I think in the debates as well we'll -- asked questions of some substance and I'll be able to describe. It and it in the kind of and complete way that I think people would I would hope to hear you know Democrats are going to be wanting to get much more detail from you when you pay. For your tax cuts we've -- that the Democratic Convention president Clinton's at your math doesn't work I know you dispute. What President Clinton said. And what the Democrats ads that say that you're gonna have a 2000 dollar tax -- can request them. I know you dispute they -- your own studies but wouldn't say she -- site by Martin Feldstein Harvard. Shows that to make your math work it could work. If you entering the home mortgage charity and state and local tax deductions for everyone earning over -- 100000 dollars. Is that what you proposed now that's not that's not what I propose at of course. Part of my plan is to stimulate economic growth but the biggest source of getting the country to a balanced budget. Is not by raising taxes or by cutting spending is -- -- -- the growth of the economy. So my tax plan. Is to encourage investment in growth in America more jobs that means more people paying taxes so that's a big component. Of what allows us to get to -- balanced budget but his study which you've cited. Says it can only work if you take away those deductions for everyone earning more than a 100000 dollars he he doesn't necessarily have the same growth we're anticipating. And I I haven't seen his precise study but I can tell you that we can't lower register. So that there are five different studies that point out that we -- Get to balanced budget without raising taxes on middle income people -- George. That the fundamentals of my tax policy of these number one reduce tax burdens on middle income people. So no one can say my plan is gonna raise taxes and low income people because principle number one is keep the burden down on middle income 500000 dollars middle income. -- middle income is 222000. Dollars and -- so number one don't reduce. Should they don't raise taxes on middle income people lower number two. Don't reduce the share of taxes paid by the wealthiest the top 5%. Will still pay the same share of taxes that they today that's principal one principle to principle three -- Create incentives. For growth make it easier for businesses started to add jobs and finally simplify the code. Make it easier for people to pay their taxes and the way they have to -- Carson right you're gonna hold the line you're not gonna put any more details. What kind of actions Hewitt or -- wasn't willing to close. In order to pay for these tax cuts you know I had the chance of being governor. And fighting for things I believe -- as a governor and I found that you have to work with the people across the my legislature was 87% Democrat. So athletic about sit here here this is my bill this is the way I want you never get it done. He lay -- your principles those are my principles don't raise taxes on middle income people. Make sure the high income people pay the same share they're paying today encourage growth by bringing down rates. And finally simplify the code those are my principles I'll stick with -- and I believe that's gonna help get the economy going and grow jobs you mentioned president Obama's like ability we had a poll question this week. Asking who would rather get away. Right now President Obama is -- about nineteen points. That is trying to convince people that they're wrong bring us inside what would -- be like. I'm running -- everything's chaotic. All right you have grand kids climbing all over here probably some some food would be thrown from one side of the table the other point like grandkids. -- be a lot of -- by the way that's my favorite in in the world -- -- with my kids and my daughters in law. And what my grandkids so. I can't tell people who would have more fun it whose table but I can't say the president says a person a lot of people like. Dislike of myself. And wish him the very best but I I think the American people looking for someone. Who has the capacity that helped get good jobs and more take -- and I do. Let's talk about the debates are coming up first -- on October 3 big moment right make -- break. It may well be a a decisive point and -- in the campaign to have three debates and also the vice presidential debate. You know you don't know sometimes there's something big that happens and they become deciding other times it's like well nothing really changed in the same spot we were. Before the debates I can't predict what will happen but. I think it'll be revealing one way -- the other you've been working hard at them I'd known as inside a lot of debate -- rooms and in my experience. The -- the candidate. Always gets crushed. In the first couple of practice today -- that's what's happened -- you. Not -- those kind of secrets but I will never debate Rob Portman again. These I think that's right he's very good guys straight and what have you learned is you've studied all this about president -- bombing as a debater when you look at. Well I think he's gonna say a lot of things aren't accurate. -- You know -- I'd be tempted to go back to that wonderful line by Ronald Reagan there you go again but you can't he can't you -- this thing is that about you visited the Democratic Convention. I did happen to see that it. I doubt we're gonna pull out something from Ronald Reagan he's he's one of a kind. But I think that the challenged have the debate is that the president tends to us. Actually -- say things that -- true and and and and in attacking his opponents have looked at prior debates and and of that kind of cases it's difficult to to say Wellemeyer and spend my time correcting things that aren't quite accurate. Or might have to spend my time talking about the things I want to talk about it. And Ahmadinejad knows well it's a challenge you always and that's it that's a judgment human I remember talking Newt Gingrich during the -- -- Republican primary debates. He was -- is up on the stage it would take is debate direction from his career and kids. -- any rituals that you use to get ready and easy playoff. Well analysts -- -- the the advice -- -- get ready to go up on the stage and offers a few words of encouragement. And I look to her. One in the debate I look at cedar typically her eyes are down she pitched his -- nervous in the debates that -- she says I wish I could be it's that. She said it would be as nervous but I -- to her. And and when she says smiling and confident that his media -- -- But your body you know you're behind today you're confident. You went on Election Day. -- absolutely and you say I'm behind today. -- these polls are all within the margin of air. And we're making progress I'm I'm going up against someone who's been in office for four years and his record as you pointed out from the beginning it's really pretty pretty bad. And -- the more people think about where they -- and asked do we want four more years like the last four years I think people come to the conclusion no they want real change that's what ever percent. Thanks very much thanks George. You know we -- a lot of. Viewers for questions as well one came -- and if people -- -- -- had assuming a victory from -- and wondering what kind of person looking -- particularly percent effective. Well you want a person judgment and wisdom. Obviously you want someone who has experienced in foreign policy has traveled other nations and hopefully -- Has worked with leaders of other nations and has their respect and admiration -- -- -- -- Well I'm not going to be tossing out names -- talk -- that Tucker the great -- to the prior secretaries of state about foreign policy issues I spoke with. Secretary baker today for instance -- and regularly speak with different. Members of our diplomatic. Leadership. And would look. Look for their counseling -- and pick a person to be undersecretary of state come from different thinking about the transition -- He'll have a very good team that that is working by going through different agencies and departments -- the department to the federal government saying okay. What things would we want to do to assure that these entities conform to it to my vision for getting the economy bill. So we -- spend time on that. In addition we spent time talking about. The kinds of individuals who like to bring him but specific names we haven't begun yet but you can sum up your philosophy of how you wanna do it I -- -- -- -- government how to do. -- want to be able to get the federal government. To see its job is encouraging the freedom and free enterprise the American people I don't want government to be focused on itself but instead of encouraging that the the private economy. And individual freedom such that we can reignite our economy.

This transcript has been automatically generated and may not be 100% accurate.

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