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ideological differences between the candidates and has already started a larger debate. >> does anybody really believe that we don't need more teachers, that we can keep whacking teachers and we're going to advance as a country? that's a serious debate and one worth having. >> does not understand where wealth and jobs come from. they come from the successful private sector or not at all. government does not create wealth or income. it just shuffles it around. >> john, this is the fundamental debate about the role and size and scope and what the focus of the government should be. we k...

fine. where we're seeing weaknesses in our economy have to do with state and local government. the private sector is doing fine. >> that was the romney campaign ad. the obama campaign, though, using that same strategy in its return volley, once again attacking romney's massachusetts record. >> he says he need more firemen, more policemen, more teachers. did he not get the message of wisconsin? the american did. it's time for us to cut back on government and help the american people. >> during governor romney's tenure, local government was gct dramatically. >> let's bring in our panel...

but it slams corporate profits earned overseas. meanwhile, mitt romney unveils his 20% solution. take a listen. >> i'm going to lower rates across the board for all americans by 20%. all right? >> all right. the big question. can romney sell it in tonight's debate and win in michigan? in a moment, an exclusive interview with the architect of the plan. mitt romney's senior economic adviser, glen hubbard, dean of the columbia business school. we begin with the president's own corporate tax reform plan, and we go to cnbc's amon javers. >> the obama administration would like to bring the...

being the republican nominee, how a lot of democrats would welcome that because of all the ethical baggage he had in the 1990s. she was a member of the ethics committee that investigated newt gingrich back then. it started in 1994, went through 1997. it was about whether or not newt gingrich improperly used a tax deductible dollars for political purposes, specifically teaching a class at georgia college that had some political overtones for a pac that he was associated with and then lying to the house ethics committee about whether or not he had actually done this. and what pelosi an...

1997. it was about whether or not newt gingrich improperly used a tax deductible dollars for political purposes, specifically teaching a class at georgia college that had some political overtones for a pac that he was associated with and then lying to the house ethics committee about whether or not he had actually done this. and what pelosi and the investigators found he had broken house rules by filing false statements. it went to a vote before the whole how. in a 395-28 vote newt gingrich was ordered to pay a $3,000 fine. he was reprimanded to pay back the house ethics committee fo...