The Obama, Romney dance on debt in the debates
October 05, 2012  01:11
Viewers of Wednesday night's presidential debate could be excused for feeling lost in a thicket of numbers. Yet both Mitt Romney and President Obama had clarity on one economic topic: a duty to bring down the $16 trillion national debt. 

 Mr. Romney framed it as a moral issue. The baby-boomer generation, he said, keeps "spending massively more than we take in, knowing those burdens are going to be passed on to the next generation.' With Mr. Obama in agreement, the two then split over how to cut the debt '" by entitlement cuts or higher taxes? '" while trying to end conflict between generations over financial obligations.

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