04 October, 2012

CNN Breaking News

In exchanges full of policy proposals, facts and figures at their first presidential debate on Wednesday, GOP challenger Mitt Romney was more aggressive in the 90-minute encounter in criticizing President Barack Obama's record and depicting the president's vision as one of big government while Obama firmly defended his record and challenged his rival's prescriptions as unworkable.

The candidates clashed over major reform bills passed in Obama's first term, with Romney repeating his past pledge to repeal and replace the health care reform act and the Wall Street reform bill.

Insisting that regulation was necessary to keep the economy functioning, Romney said the Dodd-Frank Act passed in response to the financial crisis of 2008 was in some cases excessive.

He also repeated criticism the Affordable Care Act that passed with no Republican support amounted to an unnecessary and unwanted government takeover of health care.

"The right answer is not to have the federal government take over health care," Romney said, adding his plan would include popular provisions of Obamacare such as allowing children up to age 26 stay on family plans and preventing insurers from denying coverage for pre-existing conditions.

Obama, however, said Romney has yet to provide full details of proposals to replace the Wall Street and health care reforms he has vowed to repeal.

"At some point, the American people have to ask themselves if the reason that Governor Romney is keeping all these plans secret is because they're too good," Obama said.

The other presidential debates will occur on October 16 in New York and October 22 in Florida. Vice President Joe Biden and Rep. Paul Ryan of Wisconsin, Romney's running mate, will debate on October 11 in Kentucky.

Watch full election coverage on CNN TV, CNN.com and CNN's mobile apps. On your CNN.com browser, use our new digital tool to view, replay and share your favorite debate clips from this evening.

Watch live coverage now on http://CNN.com/Live

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CNN Breaking News

Miguel Cabrera of the Detroit Tigers has won the American League triple crown, leading the league in batting average, home runs and runs batted in.

The fete was last accomplished in 1967 by Carl Yastrzemski of the Boston Red Sox.

The third baseman finished the regular season Wednesday night with a .330 batting average, 44 home runs and 139 RBI.

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CNN Breaking News

President Barack Obama and Republican challenger Mitt Romney sparred over differing tax plans at their first presidential debate on Wednesday night, arguing the other's proposals won't work in a continuation of major themes from their campaigns.

Describing the Romney tax plan as a $5 trillion cut, Obama echoed a line from former President Bill Clinton by saying the math doesn't add up without increasing tax revenue, which Romney rejects.

"I think math, common sense and our history shows us that's not a recipe for job growth," Obama said.

Romney disagreed with Obama's characterization of his tax plan, saying it won't add to the deficit, and criticized the president's call for allowing tax rates on income over $250,000 for families and $200,000 for individuals to return to the higher rates of the 1990s.

"The National Federation for Independent Businesses has said that will cost 750,000 jobs. I don't want to co st jobs," Romney said.

Watch the debate and full coverage live on CNN TV, CNN.com and CNN's mobile apps. On your CNN.com browser, use our new digital tool to view, replay and share your favorite debate clips.

Watch live coverage now on http://CNN.com/Live

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CNN Breaking News

President Barack Obama called for "economic patriotism" while Republican challenger Mitt Romney said a new path is needed as the candidates launched the first of three presidential debates on Wednesday night.

"America does best when the middle class does best," Obama said in response to the first question, which centered on job creation. He added that Romney's plan of tax cuts for the rich failed before.

Romney, however, said Obama pushed the same policies as when he took office four years earlier, and they had failed to bring down high unemployment and get the economy surging again.

"It's going to take a different path," Romney said, repeating his five-point plan for growth that has been part of his stump speech.

Watch the debate and full coverage live on CNN TV, CNN.com and CNN's mobile apps. On your CNN.com browser, use our new digital tool to view, replay and share your favorite debate clips.

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CNN Breaking News

President Barack Obama and Mitt Romney are now in the building at the Ritchie Center on the campus of the University of Denver, site of tonight's first 2012 presidential debate.

The two candidates will take part in a 90-minute debate focused primarily on domestic issues and the economy, moderated by Jim Lehrer of the "PBS NewsHour."

Lehrer will open the debate at 9:01 p.m. ET with the first question for Obama and then Romney. Each candidate will have two minutes to respond and then additional time for back-and-forth discussion. There will be six segments of 15 minutes. At the end of the debate, Obama will deliver his closing statement first, followed by Romney.

Watch the debate and full coverage live on CNN TV, CNN.com and CNN's mobile apps. On your CNN.com browser, use our new digital tool to view, replay and share your favorite debate clips.

Watch live coverage now on http://CNN.com/Live

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