2 Bucks for That Sen Warren Owowowowo Clip Again

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'This Week' Transcript ii-9-20: Joe Biden, Pete Buttigieg, Sen. Elizabeth Warren

This is a rush transcript of "This Week" ambulation Sunday, February 9.

This is a rush transcript.

ANNOUNCER: "This Week With George Stephanopoulos" starts correct now.

GEORGE STEPHANOPOULOS, 'THIS Calendar week' CHIEF Anchor: The gloves are off.

(BEGIN VIDEO CLIP)

PETE BUTTIGIEG (D), PRESIDENTIAL CANDIDATE: We're going into the fight of our lives.

SEN. AMY KLOBUCHAR (D-MN), PRESIDENTIAL CANDIDATE: I will fight for you.

(Stop VIDEO Prune)

STEPHANOPOULOS: 7 candidates, stark differences.

(BEGIN VIDEO Clip)

BUTTIGIEG: Go out the politics of the past in the past.

JOSEPH BIDEN (D), PRESIDENTIAL CANDIDATE: I don't know what most the past of Barack Obama and Joe Biden was so bad.

(END VIDEO Prune)

STEPHANOPOULOS: Is anyone else on stage concerned about having a dramatic socialist at the top of the Democratic ticket?

(Brainstorm VIDEO CLIP)

KLOBUCHAR: We need someone that actually brings people with her, instead of shutting them out.

(Terminate VIDEO Prune)

STEPHANOPOULOS: Sparring over health intendance.

(Brainstorm VIDEO Clip)

BIDEN: He's unwilling to tell us what the damn thing is going to cost.

SEN. BERNIE SANDERS (I-VT), PRESIDENTIAL CANDIDATE: If we do what Joe wants, we will exist spending some $50 trillion.

(Stop VIDEO Prune)

STEPHANOPOULOS: Race.

(BEGIN VIDEO CLIP)

BUTTIGIEG: Systemic racism has penetrated to every level of our arrangement.

LINSEY DAVIS, ABC NEWS Ballast: Is that a substantial answer?

SEN. ELIZABETH WARREN (D-MA), PRESIDENTIAL CANDIDATE: No.

(Finish VIDEO Prune)

STEPHANOPOULOS: And how to defeat Donald Trump.

(Brainstorm VIDEO Clip)

TOM STEYER (D), PRESIDENTIAL CANDIDATE: Who can pull together the Democratic Party?

SANDERS: No thing who wins this damn thing, we're all going to stand up together to defeat Donald Trump.

(Cheering AND Adulation)

(END VIDEO CLIP)

GEORGE STEPHANOPOULOS, 'THIS Calendar week' CHIEF Ballast: Just two days from the voting here in New Hampshire, Bernie Sanders and Pete Buttigieg still on summit.

The others hoping for a last-infinitesimal surge that volition scramble the race.

Our guests this morn, Buttigieg, Elizabeth Warren, Joe Biden.

(Begin VIDEO CLIP)

STEPHANOPOULOS: It sounded like y'all were writing off New Hampshire.

(End VIDEO CLIP)

STEPHANOPOULOS: Plus, our powerhouse roundtable live from New Hampshire.

We will break down the politics, smoke out the spin, the facts that affair this calendar week.

ANNOUNCER: From ABC News, it's a special edition of "This Week."

Here now, from Manchester, New Hampshire, chief anchor George Stephanopoulos.

STEPHANOPOULOS: Skillful forenoon from Manchester.

The last days of this New Hampshire primary are always corybantic, candidates crisscrossing the country, ads saturating the airwaves, new attacks on the stump and across the Internet.

And as we come on the air this morning time, the latest tracking polls evidence Bernie Sanders in the lead, Pete Buttigieg right backside, with momentum out of Iowa, Elizabeth Warren, Joe Biden, Amy Klobuchar stuck in a second tier.

With survival on the line, our debate Friday night was the feistiest of this campaign. The attacks continued all through Saturday.

And I sat downwardly with former Vice President Biden correct after an emotional spoken communication where he took on his opponents and the president.

(BEGIN VIDEO Clip)

BIDEN: I have lost a lot in my lifetime, similar many of you have.

A automobile blow took away my married woman and daughter. I lost my son Beau, similar many of you have washed. Simply I'll be damned if I'm going to stand past and lose my land too, menstruation.

(CHEERING AND APPLAUSE)

(Cease VIDEO Clip)

STEPHANOPOULOS: And we began the interview with those first lines from Friday's debate, where Biden seemed resigned to a loss here in New Hampshire.

(BEGIN VIDEOTAPE)

BIDEN: Now, let's be realistic.

I recollect information technology'southward always going to be an uphill fight. When you're running against two people who are neighboring senators, you know the deal.

Bernie won hither, the neighboring senator, by 20 points last time. So I call up it is an uphill fight. Just I think information technology'south a fight nosotros will practice well in.

STEPHANOPOULOS: But then you're going to exist bucking history, because you know the history here. No ane who has come in below second in Iowa/New Hampshire has ever won the nomination.

BIDEN: Well, no one has always won the nomination without beingness able to become overwhelming support from the African-American community either.

And, so far, no i's been doing that but me.

Look, the affair that changes this election is, everybody in the Democratic Political party is united on ane thing. You take to beat Donald Trump. In guild to do that, everybody knows you have got to bring out the black vote and the dark-brown vote, and yous got to be able to do it.

I accept been able to exercise that so far. And so I don't recollect it's viewed the same way as information technology has been in the past.

STEPHANOPOULOS: Yous have been taking it correct to Mayor Pete and basically been arguing that he'south not ready to be president.

I did a argue with you lot back in 2007 where you said another candidate wasn't ready to be president. It was Barack Obama.

(BEGIN VIDEO CLIP, 2007)

STEPHANOPOULOS: You lot were asked, is he prepare?

You said: "I think he can be set, but, right now, I don't believe he is. The presidency is not something that lends itself to on-the-chore preparation."

BIDEN: I recollect that I stand by the argument.

(Finish VIDEO CLIP)

BIDEN: Well, let'south become something direct here.

I didn't set on Pete. Pete's been attacking me. He's been saying that the reason nosotros're in the trouble were in now is considering of the recent past. That'due south eight years of Obama and me.

I don't get that. I don't understand that. And I think he has completely misunderstood or misrepresented my record. I have done a great deal. I have gotten an awful lot done, both as a senator and every bit vice president.

And he talks about him being ready. Well, I managed a $900 billion Recovery Deed, with no waste or fraud in it. We bailed out his urban center. I led the fight. The president turned to me and said, become Detroit out of its mess. I know how to handle a city. I was able to get Detroit dorsum on its feet. That'south why the mayor of Detroit endorsed me.

I have been able to get the chemical weapons treaty passed. I was responsible in big role for the -- what happened in Paris, with John Kerry, and then on.

So, I don't understand how those things don't matter. And I don't understand, when they talk about the by, why Barack was such a lousy president. I thought he was a pretty damn adept president.

Just that's the implication.

STEPHANOPOULOS: But why is nominating Pete Buttigieg a risk?

BIDEN: Well, because Pete Buttigieg has been goose egg more than -- and he'south a good guy. I like him. He's a smart guy, simply he's been the mayor of a urban center smaller than the metropolis nosotros're in now.

And so what has he done? What is -- who has he pulled together? Does he know any of the foreign leaders? Has he been able to -- I mean, Barack Obama was a different story. Barack Obama came from a large state. He was a United States Senator, he had run before. He'd been involved in international -- he had a clear vision of what he idea the earth should look like and and then on.

So, merely information technology'due south very different situation.

STEPHANOPOULOS: Your campaign put out a pretty tough video on the mayor earlier today that also referenced the fact that he had fired an African-American police chief and forced out an African-American fire primary. Are you lot basically saying that Mayor Buttigieg has a race trouble?

BIDEN: No, no, no. I'm maxim he hadn't been able to unify the black community, that'due south what I'yard proverb. The most senior members of urban center council, African-American, endorsed me. I never met him. I never asked for his endorsement.

And so, I retrieve, await, in order to win, George, you're going to have to be able to win states likePennsylvania, yous're going to take to be able to win Florida. Nosotros're going to have to exist able to win in a lot of places that in fact have very various populations, and then the assertion that he's prepare across the lath I don't see it. I haven't seen it yet.

STEPHANOPOULOS: He has fired back today. The campaign said that the fact y'all put out that video says a lot more about where you are in this race than his record as mayor.

BIDEN: Well, wait, he's been the that'southward been attacking me, George. I never said about him. But he's talking from the beginning most how I don't have a record to run on, that Biden -- all the issues were in the by. And information technology was used to be Barack and me, now he found out how popular Barack is, so it's now but me as if I wasn't whatever function of that assistants.

And and then I was responding to -- I oasis't done this, I responded to his attacks on me.

STEPHANOPOULOS: You've as well talked about the risks of Democrats taking on the label autonomous socialism in a national election, were you surprised terminal night when only Senator Klobuchar joined yous in that business concern?

BIDEN: No, I wasn't surprised. But I think information technology'south just the reality. I mean, expect, I'm not putting the label on Bernie, Bernie calls himself a democratic socialist.

Now, you've been around, George, as much as anybody, you're going to win with that label, you're going to help somebody in Florida win with the label autonomous socialist? Because it's going to go all the way downward the line. That'south what's going to happen. You lot're going to win in N Carolina? You're going to win in Pennsylvania? Y'all're going to win in those states in the Midwest?

It's not -- I didn't put the characterization on Bernie, Bernie calls himself a democratic socialist.

STEPHANOPOULOS: And then, you think apartment-out Democrats can't defeat Trump if they take to defend socialism?

BIDEN: I think it's going to be incredibly more difficult. I'g not going to say -- look, if I don't become the nomination and Bernie gets it, I'thou going to work like hell for him. But I'll tell y'all what, it's a bigger uphill climb running equally a senator or a congressperson or as a governor on a ticket that calls itself a autonomous socialist ticket.

STEPHANOPOULOS: The day afterward President Trump was acquitted, one of your former colleagues and friends in the Senate, Chuck Grassley, asked for the financial records of your son, Hunter Biden, from the Treasury Section. This doesn't seem like information technology's going away.

BIDEN: Well, I don't call up it'south going to go anywhere, though. Await, the worst thing that happened was, according to Trump, when they best-selling that he interfered, he got a strange power -- to attempt to get a strange state to say something negative about me or my son, the foreign leader wouldn't exercise it. He didn't even ask him to dig upward clay -- they keep saying that -- they said just say you're opening an investigation.

So, look what's happened. I'k worried this guy has got just a complimentary pass at present on anybody.

STEPHANOPOULOS: So, did his strategy work against you?

BIDEN: I don't think so. I mean, I don't run into any evidence of information technology working against me.

Look, when you're in a state of affairs where y'all yet have a majority of the people call up that you should accept been bedevilled, that'south a hell of a fashion to start to run.

STEPHANOPOULOS: Yous know, Mayor Pete gave a pretty moving speech when he was asked well-nigh this final night talking near President Trump weaponizing a son against his male parent.

(BEGIN VIDEO Clip)

BUTTIGIEG: To be the kind of president, to be the kind of human existence who would seek to turn someone against his own son, who would seek to weaponize a son against his own father is an unbelievably dishonorable thing.

(END VIDEO Prune)

STEPHANOPOULOS: What does that feel like to you to run into y'all son become such an issue in this campaign, used against you lot?

BIDEN: I can't -- I can't let my acrimony overcome the desire and the need to accept unite, and heal this state. And and so I got to move beyond me and beyond my family. And -- because information technology's about your family, it'south about everybody else'south family, not mine.

And the investigation of the company my son went on the lath with had already been over. There wasn't anything underway, it's merely pure sham.

But that's the way Trump works. Merely it'due south non going to work on me, I'll be damned -- I've been striking a lot, but it'due south non going to work on me, and I'll be damned if I'chiliad going to walk away and permit it -- and non have this country back.

STEPHANOPOULOS: Y'all had a slogan in 2012, Osama bin Laden is expressionless and Full general Motors is live. Doesn't President Trump have the opportunity to have a version of that slogan in 2020? Baghdadi is dead. Soleimani is dead. The stock markets at record. Unemployment'south at record lows.

BIDEN: The world is in disarray. We're losing our allies. We have no aid in the Farsi Gulf. Our NATO allies have made a moral equivalence between us and Islamic republic of iran.

We're in a situation where the rest of the world wonders who in God's name we are. This is a guy who embraced Putin, other thugs, who are just apartment dictators, like Kim Jong-un. Our -- all our allies wondering, where is the United States of America?

The thought that he's made us stronger, the idea that he's increased or capacity to defend ourself, the thought that we could lead the world like nosotros did before is absolutely bizarre. He has fundamentally shifted our role in the earth.

STEPHANOPOULOS: What are the consequences of a victory past President Trump in 2020?

BIDEN: George, I, honest to God believe, they're going to change the nature of who we are for a long, long time.

Our children are listening. The thought -- the man who can belittle people, go along dividing us based on race, organized religion, ethnicity, based on all the things that, in fact, make upwardly America is simply incredibly divisive.

You lot run into these white supremacists coming out from under the rocks. He's yet one time to condemn white supremacy, the neo-Nazis. He hasn't condemned the darn thing. He has given them oxygen.

And that'due south what's going to proceed to happen. That'due south who this guy is. He has no basic American values -- he doesn't understand the American lawmaking.

STEPHANOPOULOS: You need a improvement to exist able to make that case against President Trump.

BIDEN: Well, yes, no, I do, I do.

I have some portion of all of the constituencies that make up this party. I think I'thou more prepare to be able to defeat Donald Trump, and equally chiefly, George, elect a Democratic Senate. Information technology's not going to be enough just to beat him. We have to change the Senate in order to get things done.

Politics has gotten too muddy, also hateful, likewise ugly, and it's only existence inflamed by this president. So, we non simply take to trounce him, nosotros have to be able to bring along the Democratic Party, not just at the Senate level but in the local races. We can do that. We tin do that, I believe.

STEPHANOPOULOS: Thanks for your time, Vice President Biden.

BIDEN: Thanks, George.

STEPHANOPOULOS: There is that latest attack from onetime Vice President Joe Biden against the -- our adjacent guest. Mayor Pete Buttigieg is correct here this morning.

Welcome to THIS WEEK.

As you know, nosotros just heard from Vice President Biden on the program. Listening to him over the last 24 hours, he's got -- he seems to be humid downward his message to a version of what nosotros heard from Lloyd Benson dorsum in 1988. I know Barack Obama. Barack Obama'due south a friend of mine. Pete Buttigieg is no Barack Obama.

PETE BUTTIGIEG (D), PRESIDENTIAL CANDIDATE: Well, he'due south right, I'grand not Barack Obama. And neither he is. Neither is anyone running for president right now. And this isn't 2008, it'due south 2020. And this election is almost where our state is headed next and, of course, how to defeat Donald Trump.

What I'm offering right at present, and the reason I call back we have been able to succeed so far, is a message that is virtually building the sense of belonging and pulling together a coalition, a majority, that will non only defeat Donald Trump, just do information technology by a large enough margin that we send trumpism into the history books.

STEPHANOPOULOS: Only as you lot know, so far that coalition, from all the polling we've seen, does not include a sizable number of black voters. And the point that Vice President is making is, that if you don't become overwhelming back up from blackness voters, y'all can't win the nomination, you lot can't win the presidency.

BUTTIGIEG: And I'm going to accept to piece of work to earn that vote just as I did in South Bend. I was brought and returned to office by a multiracial coalition and the voters who know me all-time in the African-American community are where I become the most support.

Now, I know, especially heading into the south, that I'k at present getting a second wait from a lot of voters who, bluntly, weren't sure if we were competitive in the showtime place, but know how important it is that we are prepared to build a campaign that calls everybody in, that volition defeat Donald Trump. And that'southward exactly the piece of work that we're doing. This is most belonging both within our campaign and across our state.

STEPHANOPOULOS: You seemed to picayune taken aback when it -- when Linsey Davis (ph), on Friday dark, challenged you most the record of African-American arrests for marijuana procession in South Bend.

Do you have to do a better task of owning your record in South Bend and explaining it.

BUTTIGIEG: Well, I've never been agape to talk about the good, the bad and the indifferent that we've experienced in Southward Curve.

Look, when you're a mayor, you're not simply calling for good things to happen, y'all take to be on the basis figuring it out. And when it comes to things like the systemic disparity in arrest rates and incarceration rates when information technology comes to marijuana, Due south Bend has non been immune.

At present, as I was quick to point out, black residents in South Bend had a lower arrest charge per unit for drug charges than in the state or in the country --

(CROSSTALK)

GEORGE STEPHANOPOULOS, "THIS WEEK" CHIEF ANCHOR: But it did go upward over your tenure every bit mayor.

BUTTIGIEG: Yes, there were ups and downs in the abort rates and we own that, because that's role of the story of our city. It's also a function of the story of a country that must legalize marijuana and end these kinds of disparities once and for all.

Nosotros made tremendous work progress in the city of South Bend. But, of grade, nosotros didn't resolve all of these bug. And what nosotros've got to practise now is have a national endeavour and be ready to use the ability of the presidency to reverse the harms of the incarceration policies that I accept seen traumatize a generation of kids with incarcerated parents.

STEPHANOPOULOS: So, what's the number one thing you would practice January 20th in the White Business firm, 2021, to address that trouble?

BUTTIGIEG: Well, we need to accept a systemic vision for dismantling systematic racism. I put it forward. Information technology'southward called the Douglass Plan, and it's not but nearly criminal justice reform, taking federal action to atomic number 82 the manner in decarcerating this country.

But actually, it begins with economic empowerment, making sure that we are supporting black-owned business, making sure that, yous know, non everybody's going to offset a business, merely likewise but take to have basic economic policies almost raising wages that nosotros know disproportionately do good workers of colour.

We got to have economic empowerment, criminal legal system reform, and political empowerment, because office of the reason decision after decisions after decision is made in a way that harms communities of color is that there has been systemic suppression of voters of color.

Then, we need a 21st century Voting Rights Act and so the kind of voter suppression nosotros've seen cannot stand.

STEPHANOPOULOS: Allow'southward talk about Bernie Sanders. He attacked you by proper name, I think, for one of beginning times yesterday, saying you accept billionaires by the dozen contributing to your campaign, and the guy is getting a lot of money from pharmaceutical CEOs, can't bring near existent change.

BUTTIGIEG: Await, I have never hesitated to stand up. As a matter of fact, we sued pharmaceutical companies for what they did to our community in the opioid crisis.

I'm also putting together the campaign that'due south going to defeat Donald Trump. Trump and his allies are doing everything they can to hold on to power. They raised 25 1000000 bucks in one day.

And if somebody wants to donate to a campaign, especially if they know that I'thou going to raise their taxes and they're going to donate anyhow, fine, we need to accept and encourage and welcome aid from everybody who's part of this cause.

And, by the way, I rely very heavily on grassroots donations, people contributing through PeteforAmerica.com by the hundreds of thousands. We've gotten (ph) over ii million contributions. I think the average is under twoscore bucks.

Someone similar the mayor of Southward Bend does not get a major presidential candidate equally an establishment powerhouse. We're hither because nosotros built a movement and that's what'south going to behave usa to the White House.

STEPHANOPOULOS: You lot know, I was footling surprised Friday night that you didn't have on the consequence of socialism directly, given what President Trump is going to do with that. Are you concerned well-nigh that? Practice you believe -- and I asked Vice President Biden this question -- do you believe that the Democrats can defeat Donald Trump if they have to defend socialism?

BUTTIGIEG: I think it will be lot harder. But the bigger business that I accept is further dividing the country. You know, when the entrada says that either you're for a revolution or yous must exist for the status quo -- most of us don't see where we fit in that picture.

And the irony is at this moment, we actually have a historic American majority, not just the line (ph) effectually what we're against, we need to get rid of Donald Trump, but what we're for. Almost Americans want higher wages, want corporations and the wealthy to pay their off-white share, desire universal health care, action on prescription drugs, activeness on climate change, gun violence.

We take a celebrated bulk that we're going to need not just in social club to win, merely in order to govern. Let's hold together and non accident up that American bulk (ph).

STEPHANOPOULOS: One of the things nosotros're seeing here in New Hampshire, I think we saw information technology in Iowa too, is Democrats are real uncertain virtually which way to go. You know, some polls show up twoscore pct still deciding this final 48 hours.

I ran into a voter yesterday who's trying to decide between Bernie Sanders and Pete Buttigieg. You lot all seem pretty different to me. But how do you convince that voter to pick you over Bernie Sanders?

BUTTIGIEG: Well, if we're talking near a voter interested in progressive change, my bulletin is that I would exist the most progressive president we'd had in a one-half century. Just also, that I'g putting together the governing coalition to get it done, that I am calling everyone into a sense of belonging that volition unite Democrats who had been at our side all along, but also quite a few independents and even some Republicans who aren't going to agree with me on everything, merely know that we need a unlike president.

That'south how we're going to win. That'due south how we're going to govern. And in a moment when our country is frighteningly polarized and divided, nosotros're going to need some healing, non at the expense of our values, but in the name of our values.

STEPHANOPOULOS: Mayor, thanks for joining us this morn.

BUTTIGIEG: Good to be with you lot.

STEPHANOPOULOS: Elizabeth Warren is up side by side.

We'll be correct dorsum.

(COMMERCIAL BREAK)

(Brainstorm VIDEO Clip)

STEPHANOPOULOS: Why practice you lot think yous are in a better position than Bloomberg to shell Trump, Senator Warren?

WARREN: I think the way we build a commonwealth going forrard is not billionaires reaching intheir own pockets or people sucking up to billionaires, the we build information technology going forward is nosotros have a grassroots movement funded from the grassroots upward.

BLOOMBERG: So, allow me simply tell you why I believe I'm the all-time candidate to have Trump on, start with, I have workable and achievable plans to deal with all of the toughest challenges facing this country. And I will get it washed.

(Finish VIDEO CLIP)

STEPHANOPOULOS: Come across Mike Bloomberg looking ahead to Super Tuesday right there. We're joined now past the woman y'all just saw there on the screen, Senator Elizabeth Warren. Cheers for joining u.s. over again this forenoon.

I don't want to talk about Mayor Bloomberg only yet, but the question will be for y'all now, how practise you lot get to Super Tuesday? Third place in Iowa, right now you're backside the two front-runners. What'due south your strategy to get there?

WARREN: And then, await, I don't recollect of this and then much in terms of strategy, I call back of this every bit the opportunity to become out and talk virtually the things that people really care about. I have been doing town halls and taking on unfiltered questions really for a year now. And the things that people ask well-nigh, they inquire most canceling student loan debt, they ask about whether or not we could actually practise universal child care and universal pre-Grand, they ask about whether or not we tin can aggrandize Social Security payments past a couple of hundred bucks a month, and want to know how that would piece of work. I accept plans for all of those. Those are the things people ask well-nigh, those are the things I talk about.

STEPHANOPOULOS: And yous were talking about that in Iowa. You had a huge organization in Iowa. You have a big organization hither in New Hampshire. If you can't fissure the peak ii here, no 1 has ever gotten the nomination if they don't crevice the top ii in Iowa and New Hampshire.

WARREN: You know, look, the way I meet this is it's going to exist a long entrada. When I made the decision not to spend 75 percent of my time raising money from billionaires and corporate executives and lobbyists, it meant I had a lot more time to become around the country. I have been to 31 states to practise boondocks halls, scarlet states and blue states. Nosotros have about i,000 people on the footing.

Nosotros've built a campaign to go the distance, and that's what I think is going to happen hither.

STEPHANOPOULOS: You know, you've been making that case against the candidates who aretaking coin from billionaires, y'all made it at the argue, you've been making it all through the campaign. We only had Mayor Buttigieg on. And he made no apologies for doing what he'south doing. He says information technology's important to build the biggest coalition you lot can.

WARREN: You know, the coalition of billionaires is non exactly what'due south going carry united states over the top.

The style I encounter information technology right now is that we have a government that works great for a thinner andthinner slice at the top. And that'southward been true for decades, it'southward gotten worse and worse and worse. So, we now have companies like Amazon and Eli Lily and Halliburton that report billions of dollars in profits, pay nothing in taxes.

Meanwhile, folks across this country -- somebody has got to continue this government running, and so they pay their taxes and then that the roads are paved and the bridges still work, and we provide for the defense.

People, Democrats and Republicans, get that they're getting the short end of the stick. And what's the reason for that? It's abuse. It's a Washington that makes -- it's a agglomeration of billionaires that make big campaign contributions or reach in their ain pockets, like Michael Bloomberg does.

Here's the thing. If it's going to take sucking up to billionaires or being a billionaire to go the Democratic nomination to run for president, and so all I tin can say is, buckle upwardly, America, because our government is going to work even improve for billionaires and even worse for everyone else.

GEORGE STEPHANOPOULOS, ABC NEWS CHIEF ANCHOR: But in that location'south -- there'south a -- there's a reality out there. I read it -- I read this weekend that you've had to pull back your ad --

WARREN: Yes.

STEPHANOPOULOS: In -- in Nevada and South Carolina because you don't have the funds to go forward if y'all don't do better here.

WARREN: Yep. But look at the question you're asking. You're really putting republic out here on the line.

I believe in democracy, and that's why I decided I was going to build this every bit a grassroots motion and make this organisation ameliorate, because, right now, we have a Washington where, in theory, everybody has the same vox. But billionaires, they may own more shoes than the balance of us, they may own more cars, they may ain more houses, but they shouldn't own a bigger piece of our commonwealth. And and so long as they can practise that, that'southward how it is, that the things nosotros want to run into get done don't become done.

Retrieve of information technology this way, more than than ninety percent of Americans desire to meet us pass some basic, sensible gun legislation, but nosotros tin't even get a vote in the Usa Senate. Why? Because the gun industry blocks it.

Huge numbers of people want to encounter u.s. pass legislation to reduce the toll of prescription drugs? All those Autonomous candidates stand up on stage and say, yes, they're going to do that, but it never happens. Why? Because the pharmaceutical industry doesn't want information technology and they have more power in Washington.

And you lot tin go industry by industry. Why do we spend so much coin on defense? Maybe one of the reasons is the secretarial assistant of defence is a former lobbyist of seven years for 1 of the biggest defense industries.

STEPHANOPOULOS: Well, i --

WARREN: This is corruption. And we got a gamble in 2020 to turn that around.

STEPHANOPOULOS: One of the other reasons -- one of the other reasons is, and I was talking to Vice President Biden near this, is that Republicans control the Senate correct now. And he was making the case that it's going to exist much, much harder for the Democrats to take command of the Senate if there's a Democratic socialist at the meridian of the ticket.

WARREN: Yep.

STEPHANOPOULOS: You didn't take the opportunity to take that on Friday nighttime.

WARREN: So, expect, I am not -- I am a backer. I'm a -- I believe in markets. This is what I talk about all the fourth dimension.

There are areas where markets don't work, similar in health intendance and in education. Only in that location are a lot of areas where markets do work, and that's what gives us innovation and that's what creates opportunity and that's what tin grow wealth.

But, markets need rules. Markets without rules are theft. So it's a big part of what I'm running on. I desire to see an America of opportunity. And that ways we need a market economy that information technology's got to exist a market economy that'due south off-white and that everybody gets to play. That means nosotros need a president who'southward willing to enforce our antitrust laws, which I'grand ready to do.

STEPHANOPOULOS: There are a lot of Democrats beyond the country watch this this week. They watched the anarchy and confusion in Iowa. They watched President Trump's State of the Union address on Tuesday. They see these new jobs numbers coming out. President Trump'due south approval rating going upwardly to 49 pct --

WARREN: Yes.

STEPHANOPOULOS: According to the Gallup poll and maxim he's going to win over again.

WARREN: Yes.

STEPHANOPOULOS: Can you give them hope?

WARREN: Aye. You know, I hear people talk well-nigh the race against Donald Trump may be unwinnable. I've been winning unwinnable fights all of my life. I won the fight to get a consumer agency, the CFPB, passed into law when everybody said it couldn't be done. I won the fight to concord corporate executives accountable. Got the CEO of Wells Fargo fired not long ago. I won the fight to take back a Senate seat from a popular incumbent Republican.

You know, in fact, I'm the but one in this race at present who has beaten an incumbent Republican someday in the last 30 years.

The way I expect at this is that people say, oh, these races are unwinnable or that person can't win, right upward until you jump in the fight, you persist and yous win. That's what I'k going to practise.

STEPHANOPOULOS: A lot of campaigning ahead. Thanks for joining us this morning.

WARREN: Thank you. Adept to see yous.

STEPHANOPOULOS: Nosotros'll be right dorsum with the roundtable.

(COMMERCIAL Interruption)

(Begin VIDEO CLIP)

DONALD TRUMP, PRESIDENT OF THE U.s.a.: We are dancing with unbridled optimism and lifting our citizens of every race, color, religion and creed very, very high.

We were treated unbelievably unfairly and you have to understand, we first went through Russian federation, Russia, Russian federation. It was all (EXPLETIVE DELETED). Simply this is sort of a day of commemoration, because we went through hell.

(END VIDEO Clip)

STEPHANOPOULOS: Outreach on Tuesday from the president, recriminations on Th and Friday -- quite a calendar week for the president, for the country.

Permit's talk well-nigh it now on our roundtable.

We're joined by Yvette Simpson, CEO for Democracy for America; our principal White House contributor Jonathan Karl; chief political annotator Matthew Dowd; Barbara Comstock, former Republican member of Congress, who served as main counsel for the Business firm Government Reform Committee during President Clinton'due south impeachment; and Jen Psaki, Democratic strategist, communications managing director for President Obama.

Jon, let me begin with you.

Where do things stand right at present in New Hampshire?

JONATHAN KARL, ABC NEWS CHIEF WHITE HOUSE Contributor: Well, yous know, look, this is Biden's concluding risk to pull information technology back. And it's interesting to run across him run the campaign that he did not want to run. He was the guy who came in equally the front-runner, wanted to save all of his firepower for Donald Trump and not hitting fellow -- you lot know, boyfriend Democrats, and he is forced to run a campaign he did not desire to run.

STEPHANOPOULOS: Y'all concur with that?

YVETTE SIMPSON, ABC NEWS CONTRIBUTOR: I exercise. You know, he's flailing. He came into the state saying he's non going to win, which means that he probably expects he'south not. The question is, does he get to South Carolina? Which is where he expects to exist saved.

I don't know. Does his energy flails? Due south Carolinians like to be with the winner and if they don't think he'due south going to win, I think they abandon him.

STEPHANOPOULOS: Yes, we practice see Southward Carolina respond, that certainly happened with Barack Obama, responding to early, early results.

There was something going on with the Iowa confusion that may accept -- nosotros saw Mayor Pete get something of a bounce, possibly not as much equally he would have gotten had it been announced on Monday night.

JEN PSAKI, DEMOCRATIC STRATEGIST: That may be true. But I practice think that people are taking a second look at Mayor Pete. People are taking a 2d look at Amy Klobuchar, and we could see some bear on from that in the New Hampshire issue.

You lot know, but to echo on what some of our colleagues here have been proverb, you know, I think the Biden squad is betting on holding on to South Carolina and existence able to perform better in a more diverse state. But that is based on an supposition that the African-American vote will hang with him. And we just don't know that yet.

They're taking a look at Tom Steyer. They're taking a look at Bernie Sanders. And then, that may be a tough bet for the Biden team.

STEPHANOPOULOS: And one of the things we're seeing, Barbara Comstock, is that, you know, Bernie Sanders, basically a necktie in Iowa, he'due south nonetheless ahead right here. If he gets a win here, it'due south not inconceivable that he runs the tabular array on the first four.

BARBARA COMSTOCK (D), Former VIRGINIA CONGRESSWOMAN: That's right. I recollect the Republicans are positively gleeful about that, to see the Iowa debacle and so to run across Bernie sort of in this pole position.

It does remind me actually a lot of 2016 where everyone kept kind of staying in, thinking Bernie tin't win and at present he keeps winning. You know, if he wins hither in New Hampshire, like -- it looks like it's very possible, then who's going to be the anti-Bernie? Nobody'due south going to go out.

And that'due south why you come across -- you know, with the economic system, 63 percent blessing for the economy, he's running on socialism. It was sad to come across, it was only Amy Klobuchar who could actually say, socialism probably isn't a expert idea.

And then, I recall Republicans are absolutely rooting for Bernie Sanders, and I think the one affair Adam Schiff achieved during impeachment was the domestic political errand of dispatching Joe Biden.

MATTHEW DOWD, ABC NEWS CHIEF POLITICAL ANALYST: It's never -- I also think it's never a good idea because Democrats were rooting for Donald Trump in 2016, and that throughout the process, and thinking he was the virtually vulnerable candidate, and then it turns out he wasn't in the stop.

To me, I hateful, nosotros think we have a pretty proficient idea that the top two in some way are going to be Bernie and Pete Buttigieg. But to me, the nearly interesting matter out of this New Hampshire master could be who finishes third? Because if Amy Klobuchar finishes 3rd, that basically finishes off Joe -- in my view, Joe Biden and Elizabeth Warren.

STEPHANOPOULOS: Exercise you experience like she'due south moving that much? I know there'southward one tracking poll between --

(CROSSTALK)

DOWD: I merely think the -- the -- what'southward -- what happened, I think postal service-Iowa was that Pete Buttigieg got -- got some bump, simply what really happened was, at that place was a outset drift of Joe Biden.

So, where do Joe Biden'south voters go? I think they initially went to Pete Buttigieg. After the debate, Joe Biden still, I think, continues to drift down. And I think those voters are going to Amy Klobuchar.

I'd also add together this. If -- whoever comes out of here, ii-thirds of the voters in the remaining primaries are going to be women. In my view, there's going to be a adult female candidate alternative, whether information technology's Elizabeth Warren or Amy Klobuchar, going forward in this.

There is going to be a women candidate, female candidate alternative.

STEPHANOPOULOS: And, Jon, one of the things that's happening here, though, is you see Pete Buttigieg making a move coming out of Iowa.

He seems to be drawing more fire from the other candidates, from Biden, from Elizabeth Warren, a little bit from Amy Klobuchar as well, than Bernie Sanders is.

KARL: Yes, because it seems similar Bernie Sanders support is there. It is not going anywhere. He takes the hits. They practise non injure him.

Coming out of New Hampshire, you lot're likely to see a state of affairs where it's Bernie Sanders against somebody else. And, right at present, that's Buttigieg. That's why he'south the target.

SIMPSON: He also has -- is the virtually vulnerable. He has the thinnest record. He'south doing well in the offset two states, only they experience like, if they can cripple him at present, he's not going to do as well in Nevada when brown voters vote, or in South Carolina, when black voters vote.

And so I recall they feel similar, if they tin can cripple him now, maybe they can get in for the kill and get rid of him.

KARL: Where does the African-American vote get if Biden continues to fall?

PSAKI: You know, that'south the large question, which is, of course, why yous're asking it.

Expect, if you talk to the Buttigieg team, they will argue that he actually finished 2nd in Iowa amongst people of color. That's a small-scale population of people of color. He's spending money in South Carolina to get -- to introduce himself.

I think they wait around and they determine who they retrieve is the best candidate to crush Donald Trump. And that is ultimately the question for every voter in this race. Then they may go to Bernie. They may be looking for an alternative to Bernie, just I retrieve it's upwards for grabs, really, at this point.

I volition just say, people always say that everybody wants a Barack Obama, all the African-American votes went to Barack Obama in South Carolina after Iowa. It was actually a picayune fleck before that. I mean, nosotros were seeing some movement in the internal polling before that.

Nosotros had an operation the footing. Nosotros had organizing on the ground. And it really takes a candidate who has that. And that may be a challenge to somebody similar Amy Klobuchar.

STEPHANOPOULOS: It does seem, Barbara Comstock, though, that the Democrats are -- not only had a confusing result in Iowa, only are torn internally over -- they're non -- they're really but thinking, who tin can trounce Donald Trump?

And you lot're seeing candidate -- they're willing to go in any direction that gives them hope on that.

COMSTOCK: Well, and I don't retrieve -- when you were interviewing Joe Biden, he kept proverb: I don't sympathize. I don't sympathise.

And he actually doesn't. And I think what Pete Buttigieg is trying to say is, elections are about the future, Joe. And hither -- and he is somewhat cartoon a future picture.

So, I do call up he is a footling flake of the turn the page that, say, a George Bush was in 2000 following impeachment. He didn't desire to talk nigh that. He wanted to kind of talk about the future and what he was going to practice.

And I think, who is going to be that candidate? And you're right. Who has the infrastructure?

I exercise retrieve, if Amy gets third here, that that will open upwards a new lane for sort of the center left.

STEPHANOPOULOS: Does it open a new lane, or does it merely requite Bernie Sanders kind of a free ride?

DOWD: Well, I retrieve that -- I mean, I think it is very -- a little bit similar to 2016 and Donald Trump, which is, is that Donald Trump kept getting 28, xxx percent of the vote, just because in that location was a multi-candidate field, he kept winning. And everybody else says, well, we will have care of him once it'southward one on one.

Bernie Sanders may be the candidate that keeps getting thirty percent of the vote and keeps winning primary and caucus after some other. I think that'southward why many Democrats desire this race to narrow really quick.

I think the trouble in the field -- it'due south not unlike Democrats when you have multi-candidate fields -- keep in mind, in 1992, Bill Clinton won i primary of the first xi in 1992, and ended upward becoming the nominee here -- is they're looking -- near of the voters are looking for a Goldilocks candidate, right, non too hot, not too cold, just right, the right age, the right temperature, everything'southward fine.

And they oasis't found that candidate yet. Most of the voters have not constitute that candidate yet.

COMSTOCK: Only you're seeing Carville...

KARL: And, look, there are no new attacks on Bernie Sanders.

I mean, he'due south heard this all before: You're the Democratic socialist.

He embraces the label.

You're not -- you're going to spend trillions and trillions of dollars.

Well, yes, that's what I'k going to do.

PSAKI: Only I call up -- Jonathan Karl, I think, though, the problem for Bernie Sanders, though, is that he needs to aggrandize the electorate beyond.

And he didn't do that...

STEPHANOPOULOS: Which is what he was talking about Friday nighttime, exactly.

PSAKI: That's right.

STEPHANOPOULOS: And he kept going back to that message.

PSAKI: That's right. Exactly.

But he didn't do that in the Iowa conclave consequence.

(CROSSTALK)

PSAKI: He also raised $10 meg last -- less in January than he did in December. He needs to expand beyond.

He's saying the right things. I was at the dinner final night. He was proverb: Nosotros need to be unified. We demand to have a unity squad moving forwards.

People aren't feeling that. And there's a lot of moderates and other Democrats who feel alienated. So, he's got some work to do.

(CROSSTALK)

KARL: Merely he's got that 25 percent. This guy had a eye assail.

(CROSSTALK)

COMSTOCK: The Autonomous establishment is freaking out, Carville.

(CROSSTALK)

SIMPSON: And don't forget, he did. He got 35 percent -- he got a significant increase of young people in Iowa. And that is his base.

(CROSSTALK)

STEPHANOPOULOS: Merely, overall, the numbers were -- were on a par with 2016, way below 2008.

SIMPSON: Absolutely. I get that.

Just what he is relying on is getting new voters, getting young voters, to the polls. It was the beginning competition that he was able to show that he could get those voters.

DOWD: I recall the biggest vulnerability...

SIMPSON: That'south where the game is for the Democratic Party.

DOWD: I think the biggest vulnerability that Bernie Sanders has is the same vulnerability that Mayor Pete has, and this has not been an attack yet on him, which is you've been serving for 30 years. You've really done goose egg in the U.S. Congress. Yous passed nine bills, vii of which were resolutions that were honoring a post office...

STEPHANOPOULOS: He'll say he's passed dozens of amendments to legislation.

DOWD: Well, he does. Only the trouble is he says I'm here. I'm doing all this. And yet you look at it and like actually well what have you done? Have you washed anything on health care? Have you done anything on education? Take yous washed anything on -- and that's, I think, Bernie Sanders' biggest vulnerability. He'south a big speech, but tin he evangelize?

COMSTOCK: And Republicans already accept the ad fabric from Hillary Clinton and other Democrats who are attacking Bernie proverb, you have done zip. People don't like you. You tin can't work with anybody. That is...

SIMPSON: But when he'southward president, it's a totally different thing, as yous know.

KARL: A good point about the turnout in Iowa not being high. Terminal dark the Democratic candidates, they were all merely down the road hither, had an effect at the very aforementioned arena where Donald Trump volition be on Monday where he was four years ago, and there were empty seats at that place. There was not -- I mean, in that location was energy certainly in the Elizabeth Warren section, energy with Bernie Sanders department, just not -- I mean, this does not expect like.

STEPHANOPOULOS: Let me take that to you, considering I think a lot of people lookout 2018 where y'all did come across incredibly high turnout, new voters coming to the the polls, suburban voters, women voters, minority voters, and you don't seem to accept that feel in the early stages of this presidential...

SIMPSON: It's nevertheless actually early. A conclave is a huge delivery from people, correct. Ane, Iowa is not necessarily the reflection of the kind of diverse support that you get from a Bernie Sanders, first of all.

Second of all, a caucus requires a lot. So, nosotros'll see what happens when you've got a traditional primary setting and whether Bernie fares ameliorate in that location.

DOWD: And I call up information technology all depends -- I mean, I recollect we brand too much of the actual turnouts in the primaries and caucus. I think there's going to be a huge turnout in November, probably 150 million people are going to vote in November in this. I think it all depends if you get into a convention without a majority nominee, how do you emerge from the convention? And if they emerge from the convention with this peachy unity and all that, I don't recall the Democrats take to worry about turnout, merely how do you emerge from a convention if 30 percent of the people or twoscore per centum of the people wanted Bernie?

STEPHANOPOULOS: And, Jen, let me bring this to you, considering on today's facts, the lastweek has gone nigh equally well equally Michael Bloomberg could accept hoped. He had basically two options, either a muddle, which is a little bit what we have, or Bernie Sanders' surge sets him up for Super Tuesday. Those ii seem like the near likely options right now.

PSAKI: That'due south right. And look, I think there's an argument that is appealing to a lot of Democrats most Michael Bloomberg, and that is that he has the money to go the distance.

And I didn't brand the rules. I don't recollect they're off-white either, but ultimately we need money todefeat Donald Trump. And he has said he's going to spend billions of dollars to defeat Donald Trump. He has campaign staff paid through Nov. He has staff in every early country. That's -- he's outspent Donald Trump on Facebook. He outspent the combination of top 4 Democrats.

That'due south -- people are hearing that and they're taking a look at Bloomberg likewise. And that's true in many states across the land, you'd never await.

COMSTOCK: For all the talk y'all heard about Elizabeth Warren and money, they will take Michael Bloomberg'south money at the end of the day.

STEPHANOPOULOS: Well, they will want to take...

COMSTOCK: ...the Business firm Committee has already taken the $20 one thousand thousand. They will be taking it.

PSAKI: They shouldn't plow it down. Please don't turn it down.

STEPHANOPOULOS: Yvette, if Michael Bloomberg continues to motility up on Super Tuesday, that almost guarantees a brokered convention, doesn't it?

SIMPSON: You know, Michael Bloomberg has not been tested. He has got a really checkered by, especially with African-Americans, his stop and frisk record. I think once you lot go along to get him on the stump, he's never actually had to be in a contend yet. I think he's going to flail.

And honestly what does his base wait like? I continue to tell us, since the Barack Obama election, we have to know as a party that information technology's going to accept somebody who can inspire and excite. And every bit dandy as Bloomberg has been in his foundations and donating coin, he does non inspire people to come out and vote for him.

KARL: And look at some of the the harshest -- the harshest attack I think of our debate was Elizabeth Warren going after Michael Bloomberg. I mean, I don't encounter how he -- he'south playing out, this is -- Michael Bloomberg won Iowa, he may win New Hampshire by non being here, but y'all know, how does he unite? How does he get Elizabeth Warren supporters, how does he get Bernie Sanders supporters?

STEPHANOPOULOS: Let's expect ahead to November a little bit. Matthew Dowd, I'll outset with you. What to make of President Trump's week, good State of the Union, some would say cynical, but it's very skillful the way he had outreach to African-Americans and other minorities, combined with outreach to his own base. And and so we follow upward on Wednesday with the acquittal, Th with that wild scene in the East Room and firings on Friday.

DOWD: Well, to me, the most important part of the president's Land of the Wedlock was the third of the fourth dimension he spent on the economy, because the biggest thing for Donald Trump is can he move the delta between the people that corroborate him on the economy and the people that personally approve him as president? And that's a huge gap in that.

I think Donald Trump, the biggest fear of Donald Trump is nobody running in the Democratic primary, information technology's Donald Trump, because Donald Trump has a capacity, in which we saw Th, on a good week to become in his own way and do the most crazy, ridiculous things.

And so I think if Donald Trump can be disciplined, which is a huge inquire, but for him to be disciplined, it makes it very hard for the Democrats. But any guarantee nosotros tin have is Donald Trump volition be chaotic and undisciplined.

KARL: And he's -- this high h2o marker. This is --

SIMPSON: Yes.

KARL: I mean this is --

SIMPSON: Yep.

KARL: I mean this is equally skilful as it -- every bit it's been for Donald Trump.

COMSTOCK: Yes.

KARL: And he'due south at 49 percent. And then this will --

COMSTOCK: But that'south 63 percent on the economy and sort of the outreach that he did, you lot know, whether you like him or not, people are starting to become used to this chaos. And particularly if you have a grumpy 70-year-old -- 77-year-old Bernie Sanders being only as cranky and ornery, then it'due south going to be -- but this guy, the economic system is good. Socialism and crankiness does non go well.

KARL: But no matter -- no affair who the Democratic candidate is, almost one-half the country is going to be confronting Donald Trump.

STEPHANOPOULOS: Well, but -- no, that'due south true but, again, I'll bring this to Jen. You say 49 percentage. And, yes, you can make the argument that with an economic system like this it should be 55, 60, 65.

COMSTOCK: I call back information technology's amend in swing states.

STEPHANOPOULOS: Just 49 percent was well-nigh where Barack Obama was when he was going for re-election at the offset of -- of 2012.

DOWD: George Bush was in 2004.

STEPHANOPOULOS: George Bush in 2004. And in this kind of afford -- polarized surround, that may be enough.

PSAKI, Sometime OBAMA COMMUNICATIONS Manager AND CNN POLITICAL COMMENTATOR: That'south right. It may be. And we -- and Democrats should have their optics open near that. I mean looking back on this week, you know, the Iowa Democratic Party got a lot of attending for practiced reason, for the disaster that was. Merely President Trump is at 49 percent, equally you lot said. Watching the State of the Union, I likewise was struck by the fact that he was trying to sell a story about his entreatment to African-Americans across the country. I may sit down here and think that's laughable, but people watching may have bought that. Some people watching may have bought that.

He's a good producer, a good producer of visuals. And he also is at present empowered after his acquittal. So, y'all know, it's -- information technology's a lilliputian scary. Democrats should be a trivial frightened after this week would be my view.

STEPHANOPOULOS: All the president needs to exercise on -- with African-American voters is agree that enthusiasm for the Democrats.

SIMPSON: Yes, only he's going to say something really, really -- I mean the reality is, is he has never had a real stronghold on the African-American community. The African-American community is non stupid. They knew that that was a show. The Rush Limbaugh thing completely axed out everything that he had done before. And he has no real base there. He continues to lack real, consequent base. And I think what he's got is some of those Republicans who are blackness Republicans, who are trying to concur on to him, but fifty-fifty a lot of those people have peeled off. So I don't know how he gets African-American considering, frankly, he's going to say or practise something seriously offensive and he will lost them.

STEPHANOPOULOS: That'due south the question, Barbara Comstock, will the president get in his own style?

COMSTOCK: Well, he --

DOWD: Of form.

COMSTOCK: That's a -- merely, who -- the Democrats are giving him ammunition every solar day and they're getting in their own mode and that'southward why you meet people like James Carville and Rahm Emmanuel and the institution Democrats freaking out because the president has a keen economy. You know, the lowest unemployment for women, for blacks, for African -- y'all know, Latinos. And then that is a good selling signal when you target it into the swing states.

And so when you have Nancy Pelosi getting in the Autonomous presidential candidates' manner this week also and beingness a foil and -- and and so I -- I do recall the Democrats have but every bit large a problem there, and particularly if information technology'south Bernie, you lot're going to have socialism in the way.

STEPHANOPOULOS: That is all we take time for today. Thank you all very much.

Thanks to all of y'all for sharing office of your Lord's day with us. I'll be anchoring our coverage of the New Hampshire primary with our whole political team. That's Tuesday night at eight:00 on ABC News Live. And I'll see y'all tomorrow on "GMA."

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