President Barack Obama has called for keeping tax rates the same for families making less than $250,000 annually and raising them for those above that level.
By John Whitesides and Andy Sullivan. Vice President Joe Biden leaped to the attack against Republican challenger Paul Ryan in a lively debate on Thursday, aggressively defending the administration's economic and foreign policies in a bid to regain momentum in the White House race.
By John Whitesides and Andy Sullivan. Vice President Joe Biden and rival Republican Paul Ryan battled fiercely over foreign policy and the economy in a lively debate on Thursday, with Biden aggressively defending the administration's policies and dismissing Ryan's criticism.
CNBC's Scott Cohn fact-checks tonight's debate and discussing who won the debate, with David Walker, Comeback American Initiative, and Jim Sinegal, Costco founder, explains why he believes President Obama would be better for business.
CNBC's John Harwood and Larry Kudlow weigh in with post-debate reaction and how strong each nominee came across, with Keith Boykin, Democratic strategist; Jared Bernstein, former VP Biden adviser; and Sara Fagen, former White House political director.
Vice President Biden says the administration inherited a bad situation, and defends the President's record. Rep. Paul Ryan said the Obama plan has not worked and it is not what a real recovery looks like, and that Mitt Romney would provide more jobs.
Are you embarrassed by the tone of your negative ads? Vice President Biden and Rep. Paul Ryan defend their campaigns.
How has your personal religious beliefs impacted your position on abortion? Rep. Paul Ryan defends his pro-life position, and Vice President Biden says he will not impose his religious beliefs on other people.
Why was there no action taken against the civil war in Syria? Vice President Biden says the administration is working with the entire region to prevent another ground war for America in the Middle East. Rep. Paul Ryan says what the U.S. should have done is got involved earlier with the freedom fighters.
By John Whitesides and Andy Sullivan. DANVILLE, Ky., Oct 11- Vice President Joe Biden and rival Republican Paul Ryan clashed sharply over foreign policy in a high-stakes debate on Thursday, with Biden aggressively defending the Obama administration's policies and dismissing Ryan's criticism as "malarkey."
How do you do the math and have this increase in defense spending? Rep. Paul Ryan says if the cuts go through it will invite military weakness. Vice President counters the military is recommending a smaller, leaner military. "We don't want to lose the gains we've gotten in Afghanistan, says Rep. Ryan. "It is the responsibility of the Afghans to take care of their own military," counters Biden.
If elected, who will pay more in taxes and who will pay less? "The Bush tax cuts should expire," says Vice President Biden, adding the "middle class tax cut is being held hostage." Rep. Paul Ryan counters there are not enough rich people and small business to tax to pay for all their spending."
Medicare and Medicaid are going broke; how can the U.S. reform these programs? The best way to do it is to reform these programs for people in my generation, explains Rep. Paul Ryan. Vice President Biden says this administration has strived to protect and provide more benefits for seniors. "We will not privatize Social Security," added Biden.
Can you get unemployment to under six percent and how long will it take? President Biden says "the other side" has to level the playing field for the middle class and have the wealthy pay their fair share of taxes. "We are going in the wrong direction," counters Rep. Paul Ryan.
DANVILLE, Ky., Oct 11- Vice President Joe Biden and Republican challenger Paul Ryan argued over foreign policy at a high-stakes debate on Thursday, with Democrats counting on an aggressive performance from Biden to reclaim the momentum in the race for the White House.
How effective would a military strike on Iran be? Rep. Paul Ryan says we must not allow Iran to have nuclear weapons. Vice President Biden counters that the administration is very confident it could "deal a serious blow to the Iranians."
The question is asked if the Libya terrorist attack was a massive failure of security. Vice President Biden defends President Obama's foreign policy record. Rep. Paul Ryan responds we need to keep our country safe.
CNBC's Becky Quick and Carl Quintanilla, provide a preview of the vice presidential debate, with Jared Bernstein, former Chief Economist to V.P. Biden and Sara Fagen, Republican strategist. Also, CNBC's John Harwood and Larry Kudlow share some final thoughts on why the candidates need to get across a strong message.
CNBC's Scott Cohn explains how his team of fact checkers will analyze every word the candidates make in tonight's debate. Also, Steven Rattner, Willett Advisors chairman and Carly Fiorina, former HP chairman & CEO, discuss why the nation's current debt problems are not sustainable.
CNBC's John Harwood takes a look back at past vice presidential debates; and discussing what business wants to hear from the nominees tonight, especially on tax reform, with Paula Boggs, former Starbucks general counsel, and Doug Holtz-Eakin, American Action Forum president.