|U.S. President Barrack Obama (R) and Republican presidential candidateMitt Romneyattend the first presidential debate at Denver University, Denver, Colorado, theUnited States, Oct. 3, 2012. (Xinhua/Zhang Jun)
DENVER, the United States, Oct. 3 (Xinhua) -- The two U.S. presidential candidates on Wednesday fought hand-to-hand over economic topics including job creation and the government deficit during their first presidential debate held in Denver, Colorado.
President Barack Obama, from the Democratic Party, who is seeking his reelection, said the United States has been back to economic growth and job creation, as the nation's private sector has created about 5 million job opportunities in the past 30 months.
"I also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas. I want to provide tax breaks for companies that are investing here in the United States," he said.
The United States should strengthen the middle class to bolster the economic recovery, and reduce the government's deficit in a balanced way including cutting government outlays and tax increase that were strongly opposed by Mitt Romney, Obama stressed.
The Republican challenger Romney blasted Obama on his failed economic policies, which Romney said had led to higher gasoline and food prices, lower U.S. household income and spiking federal government debt.
Romney stressed his five-point plan to create millions of new jobs in the next four years, including achieving North America's energy independence, opening new foreign markets for U.S. goods and services, slashing government spending and reducing taxes on small businesses.
Obama and Romney will hold three debates on Oct. 3, Oct. 16 and Oct. 22 before the election day, while U.S. Vice President Joe Biden and Romney's running mate Paul Ryan will hold a debate on Oct. 11.
Experts believe that the U.S. economy has revamped over the past four years despite lingering challenges for the nation including high unemployment rate hovering at 8.1 percent and slow economic growth pace at 1.3 percent in the second quarter of this year.
Obama, Romney spar on domestic issues
DENVER, the United States, Oct. 3 (Xinhua) -- U.S. President Barack Obama and his Republican challenger Mitt Romney on Wednesday sparred on domestic issues including healthcare, government regulation and the role of government, as they faced off in the first presidential debate.
The two candidates began to touch on regulation and healthcare when they concentrated on the topic of economy during the first half of the debate. Full story
Obama, Romney face off in first presidential debate
DENVER, the United States, Oct. 3 (Xinhua) -- U.S. President Barack Obama and his Republican challenger Mitt Romney on Wednesday began their first presidential debate at Denver University in Denver, Colorado, with the debate focusing on economy and domestic issues.
The debate, hosted by veteran PBS journalist Jim Lehrer, started off with a question to Obama on how he would create jobs. Obama answered it for two minutes, then Romney took his turn. Full story
Obama expected to do better in first U.S. presidential debate: poll
WASHINGTON, Oct. 2 (Xinhua) -- A majority of U.S. voters expect President Barack Obama to do a better job than his Republican challenger Mitt Romney in the first presidential debate, to be held on Wednesday in Denver, Colorado almost a month ahead of the November showdown, according to a poll by the Pew Research Center released on Tuesday.
The latest Pew poll, conducted from Sept. 27 to 30, found that more voters, by a margin of 51 percent to 29 percent, said Obama would do better than Romney in the upcoming debate. Full story
Romney takes nosedive in swing states but could bounce back
WASHINGTON, Sept. 26 (Xinhua) -- U.S. presidential candidate Mitt Romney is taking a pounding in key battleground states of Pennsylvania, Ohio and Florida, but the upcoming debates could provide the Republican challenger a chance to bounce back.
U.S. President Barack Obama steamrolled over Romney in a Quinnipiac University poll released Wednesday that showed he was ahead 53 percent to 44 percent in Florida; 53 percent to 43 percent in Ohio; and 54 percent to 42 percent in Pennsylvania. Full story
Backgrounder: U.S. presidential debates
DENVER, the United States, Oct. 3 (Xinhua) -- U.S. President Barack Obama and his Republican challenger Mitt Romney will hold their first debate Wednesday night in Denver, Colorado.
The debate is hosted by veteran PBS journalist Jim Lehrer, and is divided into six parts. The first three parts are focused on economy, while other topics include health care, the role of government and governing. Each of the sessions run for 15 minutes, and the debate lasts 90 minutes. Full story