--- title: The Final Three-Minute Debate | TIME description: Highlights from the final Presidential debate with John McCain, Barack Obama, and Joe the Plumber canonical: https://time.com/video/UFDEud1I/ og:title: The Final Three-Minute Debate og:description: Highlights from the final Presidential debate with John McCain, Barack Obama, and Joe the Plumber og:url: https://time.com/video/UFDEud1I/ og:image: https://cdn.jwplayer.com/v2/media/UFDEud1I/poster.jpg?width=720 og:type: video.other twitter:card: summary_large_image twitter:title: The Final Three-Minute Debate twitter:description: Highlights from the final Presidential debate with John McCain, Barack Obama, and Joe the Plumber twitter:image: https://cdn.jwplayer.com/v2/media/UFDEud1I/poster.jpg?width=720 --- # The Final Three-Minute Debate > Sponsored content. Supplied in partnership with TIME. 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They are at time.com/newsletters and are separate from a paid subscription. ## Video: The Final Three-Minute Debate [Watch (HLS stream): The Final Three-Minute Debate](https://cdn.jwplayer.com/manifests/UFDEud1I.m3u8) (3:22)  _Published 2008-10-16. Highlights from the final Presidential debate with John McCain, Barack Obama, and Joe the Plumber_ --- Jul 27, 2023 1:01 PM UTC --- ## More From This Series [All Videos](https://time.com/video/) ["John McCain's Impact on America is Not Over" Joe Biden Honors John McCain](/video/7s7IBWth/) ### "John McCain's Impact on America is Not Over" Joe Biden Honors John McCain [The Second Three-Minute Debate ](/video/KMVnUgwu/) ### The Second Three-Minute Debate [The Three-Minute Debate](/video/NaExV483/) ### The Three-Minute Debate --- ## Transcript >> I would like to mention that a couple of days ago, Senator Obama was out in Ohio and he had an encounter with a guy who's a plumber. And what you wanna do to Joe, the plumber, and men more like him is have their taxes increased. That's what Joe believes. >> He's been watching some ads of Senator McCain's. Let me tell you what I'm actually gonna do. >> You know what Senator Obama ended up his conversation with Joe, the plumber? We need to spread the wealth around. >> It is true that my friend and supporter, Warren Buffet, for example, could afford to pay a little more in taxes-- >> We're talking about Joe, the plumber. >> in order-- in order to give-- in order to give additional tax cuts to Joe, the plumber, before he was at the point where he could make $ 250, 000. And frankly, Senator McCain voted for 4 out of 5 of President's Bush's budgets. >> Senator Obama, I am not President Bush. If you wanna run against President Bush, you should have run 4 years ago. I'm gonna give a new direction to this economy and this country. >> The notion that I voted for a tax increase for people making $ 42, 000 a year has been disputed by everybody who has looked at this claim that Senator McCain keeps on making. Even Fox News disputes it and that doesn't happen very often when it comes to accusations about me. >> Senator Obama has spent more money on negative ads than any political campaign in history and I can prove it. >> A hundred percent, John, of your ads-- a hundred percent of it have been negative. A hundred-- It absolutely is true. The allegation that Senator McCain has continually made is that somehow my associations are troubling. Let me tell you who I associate with. On economic policy, I associate with Waren Buffet and Former Fed Chairman Paul Volcker. I think the fact that this has become such an important part of your campaign, Senator McCain, says more about your campaign than it says about me. >> And you launched your political campaign in Mr. Ayers' living room. >> That's absolutely not true. >> And the facts are facts, and records are records. >> And that's not-- For far too long, certainly during the course of the Bush administration with the support of Senator McCain, the attitude has been that any trade agreement is a good trade agreement. >> Free trade with Colombia is something that's a no- brainer. Joe, the plumber, is out there. Joe, Senator Obama's plan, if you're a small business and you've got employees and you've got kids, if you don't get-- adopt the health care plan that Senator Obama mandates, he's gonna fine you. >> And I'm happy to talk to you, Joe, too if you're out there. Here's your fine. Zero. >> I do not believe that someone who has-- who has supported Roe v. Wade that would be part of those qualifications, but I certainly would not impose any litmus test. >> All right. I would not provide a litmus test, but I am somebody who believes that Roe Versus Wade was rightly decided. >> It's great to be with you again. I think we've had a very healthy discussion. >> I'm Bob Schieffer of CBS News and I will leave you tonight with what my mother always said, go vote now, it will make you feel big and strong. 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