Obama and Romney after their first debate. (Photo : Reuters)
There was a lot of agreeing going on between the two presidential candidates during their first debate. Moderator Jim Lehrer had to press them several times to embrace their policy differences.
Obama: Extend Bush-era tax cuts for families making under $250,000 per year. Raise tax rates on wealthy to at least 30 percent; as high as 39.6 percent for top earners.
Romney: Extend Bush-era tax cuts for everyone and drop all tax rates an additional 20 percent. Lower highest tax rate to 28 percent. Cut corporate tax to 25 percent.
Obama: Continue federal stimulus to reverse recession. Raise taxes on families making more than $250,000 and cut some services to close budget gap. Tax breaks for U.S. manufacturers.
Romney: Deep, unspecified cuts in social and government programs. Limit federal spending to 20 percent of GDP. Reduce financial regulation and lower taxes for individuals and corporations.
Obama: Reduce some requirements of No Child Left Behind. Additional funding for public schools.
Romney: Federal funding for charter schools and voucher programs. Move control of education to states.
Obama: Passed Affordable Care Act ending insurance discrimination based on pre-existing conditions. Mandatory universal coverage must be purchased; tax credits for those unable to afford. Requires minimum expenditure of premiums by insurance companies on health care, rather than profits and administrative costs.
Romney: Repeal Affordable Care Act. Individual medical savings accounts managed by states.
Obama: Pro-choice. Contraceptives must be covered by insurance companies.
Romney: Pro-life, previously pro-choice. Repeal Roe v. Wade. End federal funding for Planned Parenthood, even for care not associated with abortion or contraception.
Obama: Ended war in Iraq. No troops in Afghanistan by end of 2014. Cut $487 billion in military spending over 10 years. Authorized attack that killed Osama bin Laden. Promised to close Guantanamo Bay, but did not.
Romney: Potentially pull out of Afghanistan by 2014. Increase military spending by $100 billion in two years. Russia is biggest enemy of U.S. Waterboarding is not torture. Tough stance required on Iran.
Obama: Issued work permits and deportation deferrals to undocumented immigrants brought to U.S. as children. Supports DREAM Act, which creates path to citizenship for same.
Romney: Build border fence. Will cancel deportation deferment program. Does not support DREAM Act.
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