Mixed Reaction Following the First Presidential Debate

, Posted: Thu, October 4 2012 at 8:14 AM, Updated: Thu, October 4 2012 at 8:15 AM

President Barack Obama and Republican Presidential candidate Mitt Romney took center stage for their first of three debates in Denver Wednesday night.

The two candidates sparred on the issues which were dominated by taxes and spending. 

While neither candidate had an apparent breakout moment, Romney asserted his tax plan would spur on job growth, while the President insisted these proposals simply don't add up. 

Near the end of the debate, President Obama struck back by questioning whether Romney's own promises were too good to be true.

Hours after the debate, Mitt Romney released a new campaign ad, touting his ability to create millions of new jobs. 

That ad claims that through Romney's policies including tax reform, expanding trade and cracking down on China, he'll create over 12 million new jobs and improve the economy.

The Obama campaign says Romney's plan doesn't add up.

The campaign says Romney, if President, would maintain tax breaks for large companies and ship jobs overseas.

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