Live Update

Barack Obama speaks in Monday's debate (photo credit: PBS screenshot)
Barack Obama speaks in Monday’s debate (photo credit: PBS screenshot)

We’re still off foreign policy here. Back in the arguments about taxation, and how Romney’s plans can be funded.

Obama is picking up the theme of debate two, that Romney’s figures don’t add up. Romney’s charging Obama with an ongoing failure to balance the budget. Romney: President hasn’t balanced a budget yet. I’ve balanced budgets all my life.

Romney vows he won’t cut the military budget. Obama is a little hesitant on military spending, but now attacks Romney for not recognizing the changing nature of the military.

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