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Live blog: First debate between President Obama and Mitt Romney

  • ANALYSIS: President Obama said his tax plan is a “balanced, responsible approach,” and he says that Mitt Romney’s tax approach is “unbalanced.” Using the phrase “balanced approach” is an easier-to-digest way of referring to his proposal that includes raising taxes on the wealthiest Americans. Romney is hitting back by saying that raising taxes during a recession is, in itself, unbalanced. The candidate who wins this "balance" argument could determine the winner of this debate.
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