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Obama on the defensive on spending, debt

Obama on the defensive on spending, debt

POSTED: Saturday, May 26, 2012 - 11:22am

UPDATED: Monday, May 28, 2012 - 9:30am

Government spending and debt are emerging as a campaign tug-of-war, with Republican Mitt Romney blaming President Barack Obama for a "prairie fire of debt" and Obama calling the charge a "cowpie of distortion." Both candidates are reaching for independent voters anxious about who's going to get stuck with the bill.

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