Governor, if you declare that a currency manipulator on day one, some people say you will just start a trade war with china. Isnt there a risk . They sellas about this much stuff every year. And we seldom about this much stuff every year. It is pretty clear who does not want to trade. They sell us about this much stuff every year. We sell them about this much debt every year. It is pretty clear who does not want to trade. We cannot lose dodd year in and year out. We have to say to our friends in china, youre playing aggressively but this can i keep on going. You cannot hold down the value of their currency, steal our intellectual property, counterfeit our products, seldom around the world. Even in the United States. There is one company that makes the valves and they said we are having some coming in the broken and we had to repair them under warranty. We looked them up and they had our serial number on them. Devin noticed that there was then we noticed there was more than one with that same serial number. They were counterfeit products being made overseas with the same serial number as the u. S. Company. Theyre being sold around the world at the they were being made by the u. S. Competitor. This cannot go on. I want a great relationship with china. China can be our partner. That does not mean they can run all over us and steer steal our jobs. Governor brown is right. You are familiar with jobs being invested overseas because you were governor romney is right. You are familiar with does being shipped overseas because you invest in companies that ship jobs overseas. We would be buying cars from china instead of selling cars to china. If we take your advice with respect to how we change our tax codes so companies that are earning profits overseas do not pay u. S. Taxes, compared to companies here that are paying taxes, that is estimated to create 800,000. But the problem is they will be in place like china. If were not making investments in education and basic research which is not something the private sector is doing and is sufficient basis, then we will lose the lead in things Like Clean Energy technology. With respect to what we have done with time already, u. S. Exports we have done with china already, u. S. Exports have doubled to china. Currencies are at the most advantageous point for u. S. Exporters since 1993. We have to make more progress and that is why we will keep on pressing. When it comes to our military and chinese security, part of the reason we are able to pivot to the asiapacific region after having ended the war in iraq and transitioning out of afghanistan is because this is going to be a massive growth area in the future. We believe china can be a partner but we are also sending a very clear signal that america is a pacific power. We will have a presence there. We are working with countries in the region to make sure for example that ships can pass through. The commerce continues. In reorganizing trade relations with countries and we are organizing relations with countries. That is the kind of leadership we have shown and will continue to show. I want to take one of those points. Attacking me as not talking about an agenda for getting more trade and opening up more jobs in this country. The president mentioned the Auto Industry and that i would somehow be added a favor of jobs being elsewhere. Nothing could be further from the truth. I will msn of detroit. My father was head of a car company. I am a son of detroit. My father was the head of a car company. President bush wrote the first checks. I disagree with that. I said they need these companies to manage bankruptcys predicting the government has bankruptcies. They can get government help. Governor romney, that is not what he said. You did not say you would provide that allow these companies to come out of bankruptcy. Under no circumstances would i do anything other than to help this industry get on its feet. The idea that i would quit the industry, of course not. Lets check the records. I never said i will liquidate the industry. Governor, the people of detroit to not forget your thats why i had a commitment to make sure our industries can compete and be successful. We can compete successfully with anyone in the world and we are going to. We will have to have a president , however, that does not think somehow government investing in Car Companies like tesla this is not research. The government is investing in companies. Solyndra. This is not basic research. I want to invest in research. Research is great. Providing funding to universities and think tanks, great, but investing in companies, absolutely not. I am still speaking. I want to assure we make america more competitive and that we do those things to make america the most attractive place in the world for entrepreneurs, innovators, businesses to grow. But investing in companies makes it less likely for government countries to come here. I think anybody out there can check the records. Governor, you keep trying to airbrush history. You were very clear that you would not provide government assistance to the u. S. Auto companies, even if they went through bankruptcy. He said they could get it in the private marketplace. That was not true. You are wrong. No, i am not wrong. It is true that in order for us to be competitive, we will have to make some smart tresses. Choices. Cutting our education budget, that is not a smart choice. That will not help us compete with china. Cutting our investment in research and technology, that is not a smart choice. Bringing down our deficit by adding 7 trillion of tax cuts and military spending that our military is not asking for before we even get to the debt we currently have, that is not going to make us more competitive. Those are the kinds of choices the American People face right now. Having a tax code that will reward companies shipping jobs overseas instead of Companies Investing here in the United States. That will not make us more competitive. The one thing i am clear about is after a decade in which we saw ate it, jobs being shipped overseas, nobody championing American Workers and businesses, we have now begun to make Real Progress. The chemical back to the same policies we cannot go back to the same policies that got us into such difficulty and in the first place. I could not agree more about Going Forward but i do not want to go back to the policies of the last four years. The policies have seen incomes in america declined every year for middle income families. Now about 4,300 during your term. 23 million Americans Still struggling to find a good job when he came to office, 32 Million People on food stamps. Today, 47 Million People. When you came to office, over 10 trillion in debt. Now 16 trillion. It has not worked. You said by now we would be at 5. 4 unemployment. We are 9 million jobs short of that i have met some of those people. I met them in wisconsin. I met a young woman in philadelphia coming out of college, cannot find work. Ann was with someone the other day week beeping about not being able to get work. It is a tragedy it into a nation as prosperous as ours. In a nation as prosperous as ours. It is critical to build jobs, growth the economy. Not one of how ben by hiring teachers. I left teachers that is not going to happen by hiring teachers. I love that teachers. Teachers. I was a governor. The federal government did not hire our teachers. I want to get our private sector covering growing. I think we all left teachers. The gentleman, thank you so much for a vigorous the date. We have come to the end. It is time for closing statements. Thank you very much. Bob, governor romney. You have now heard three debate three months of campaigning in a way to many tv commercials. Now you have a choice. Over the last four years, we have made Real Progress digging our way out the policies that give us two prolong wars, record deficits and the worst economic crisis since the great depression. Governor romney wants to take us back to those policies. Foreign policy that is reckless, economic policies that will not create jobs, will not reduce our deficit will make sure that folks at the top and not have to play by the same rules that you do. I have a different vision for america. I want to build on our strengths. I have put forward a plan to make sure that we will bring manufacturing jobs back to our shores. By Rewarding Companies and Small Businesses investing here, not overseas. I want to make sure we have the best Education System in the world. Retaining our workers re training our workers to the jobs of tomorrow. I want to develop oil and natural gas and Energy Sources of the future. I want to reduce our deficit by cutting spending we do not need but also by asking to do more so we can invest in things Like Research and technology that are the key to a 21st century economy. As commander in chief, i will maintain the Strongest Military in the world. And go after those who would do us harm. After a decade of war, i think we all recognize the have to do some nationbuilding. The building our roads, bridges, and especially caring for our veterans who sacrificed so much for our freedom. We have been through tough times. But we always bounce back because of our character. Because be put pull together. If i had the privilege of being a president for another four years, i promise you i will fight for your families. I will work every single day to make sure that america continues to be the greatest nation on earth. Thank you. Bob, mr. President. Good to be with you. I am optimistic about the future. I am excited about our prospects as a nation. I want to see peace. I want to see growing peace in this country. It is our objective. We have an opportunity to have real leadership. America will have that kind of leadership and will promote principles of peace that will make the world a safer place. And the people in this country more confident that their future is secure. I also want to make sure we get this economy going. There are two different paths the country can take 31 is represented by the president which bought at the end of four years would mean we would have 20 trillion in debt. I will get us on track to a balanced budget. The president s path will mean continuing declining in take home pay. I want to make sure it starts to grow. The president s past means 20 Million People out of work traveling for a good job theory job. I want to get people off of food stamps not by cutting the program but by getting them good jobs. America will come back. For that to happen, we will have to have a Program President that can work across the aisle. I was in a state where my legislator was 87 democrat. I learned how to get along on the other side of the aisle. We have to do that in washington. Washington is broken. I know what it takes to get this country back. We will work with democrats and republicans to do that. This nation is the hope of the earth. We have been blessed by having a nation that is free and prosperous, thanks to the contributions of the greatest generation that held a torch for the world to see. A torch of freedom and hope and opportunity. Now it is our turn to take that porch. I am convinced we will do it. We need strong leadership. I would like to be that leader with your support. I will work with you and the view in an open and honest way. I ask for your vote. I would like to be the next president of the United States to help and support this next week in this great nation and to make sure we maintain america as the hope of the earths protective so much. Gentlemen, thank you so much. That brings an end to this years debates in the want to thank Lynn University and its students. I leave you with the words of my mom said, go vote. Good night. Thank you. Thank you. [applause] [captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2012] election just two weeks away the candidates will be busy campaigning today. Obama will be in florida. Live coverage at 10 10 eastern. And the republican ticket will be together in henderson, nevada. Live coverage of mitt romney and 12 ryans rally begins at 15 3 15 eastern. It is time now for lightning ground. We are going to ask questions that can only be answered by yes or no. We are going to ask for candidates to refrain from explanations, or anything other than a yes or no. Senator, we are going to be starting with you. Would you like to be Senate Majority leader if elected . What i like to be . Sure. Senator . Yes. Have you fired a rifle in the last year. Yes. No. Have you read 50 shades of gray . No. Me neither for the record. [laughter] no, at. Follow the key house, senate and governors races on cspan, cspan radio, and at c span. Org campaign2012. With the pope is in the president ial debates, cspan is picking middle asking middle and High School Students to make a short video answering the question of what is the most important issue at the president should consider in 2013, for the grand chance to win the grand prize of 5,000. Cspan student camp video competition open to students in grades 6 through 12. For complete details go online tool studentcam. Org. The questions are mine. I have not share them with the candidates or anyone. No applause, and a reaction of any kind except right now, when we welcome president barack obama and governor mitt romney. [applause] york campaigns have agreed to certain rules. They asked me to divide the evening into segments. I will pose a question of the beginning of each segment. Will each of two minutes to respond. And we will have a general discussion. Tonights debate, as both of you know comes on the 50th anniversary of the night that they told the roby soviet union had installed Nuclear Weapons in cuba. The closest we have ever, to nuclear war. It is a sobering reminder that every president faces at some point and unexpected threat to our National Security from abroad. Let us begin the first segment is the challenge of a changing middle east. I am going to put this into two segments. The first question concerns libya, the controversy over what happened there continues for americans what happened there continues. Four americans are dead. What happened, what caused it. Was a spontaneous. Was it an intelligence failure. Was it a policy of valor . Was there an attempt to mislead people. Governor romney, you said this is an example of american policy that is unraveling before our very eyes i would like to hear each of you give your thoughts on that. Governor romney, you are on the talks, you go first. Thank you, bob. And thank you for agreeing to moderate this debate this evening. Thank you to Lynn University for welcoming us here and mr. President , its good to be with you again. We were together at a humorous event a little earlier and its nice to maybe be funny on this time not on purpose. This is a great concern to the entire world and america in particular which is to see a complete change in the structure and the environment in the middle east with the arab spring came a great deal of hope there would be a change towards more moderation, an opportunity for greater participation on the part of women in public life and in the Economic Life in the middle east but instead weve seen in nation after nation a number of disturbing events. Of course we see in syria 30,000 civilians having been killed by the military there. We see in libya an attack apparently by, i think we know now of terrorists of some kind against our people there, four people dead. Our hearts and minds go to them. Molly has been taken over, the northern part, by al qaeda type individuals. We have in egypt a Muslim Brotherhood president. What were seeing is a dramatic reversal of the hopes we had for the region and the greatest threat of all is iran, four years close tore a nuclear weapon. And were going to have to recognize that we have to i congratulate the president on taking out Osama Bin Laden and going after the leadership in al qaeda but we cant kill our way out of this mess. Were going to have to put in place a very comprehensive and robust strategy to help the world of islam and other parts of the world reject this radical, violent extremism which is certainly not on the run. Its certainly not hiding. This is a group that involves 12 countries and it presents an enormous threat to our friends, to the world, to america, long term, and we must have a comprehensive strategy to help reject this kind of extremism. Mr. President . Well, my first job as commander in chief, bob, is to keep america safe and thats what weve done the last four years. We ended the war in iraq, refocused our attention on those who actually killed us on 9 11. And as a consequence, al qaedas core leadership has been decimate. In addition, were now able to transition out of afghanistan in a responsible way, making sure that afghans take responsibility for their own security. And that allows us to also rebuild alliances and make friends around the world to combat future threats. Now, with respect to libya, as i indicated in the last debate, when we received that phone call, i immediately made sure that, number one, we did everything we could to secure those americans who were still in harms way. Number two, that we would investigate exactly what happened. And number three, most importantly, that we would go after those who killed americans, and we would bring them to justice. Thats exactly what were going to do. Its important to step back and think what happened in libya. Keep in mind that i and americans took leadership in organizing an International Coalition that made sure that we were able to, without putting troops on the ground at the cost of less than what we spent in two weeks in iraq, liberate a country that had been under the yoke of dictatorship for 40 years, got rid of a despite who had killed americans and as a consequence, despite this tragedy, you had