W.E.B. DuBois' grandson-Presidential Debate Live From Denver

Romney:

Jim, the president began this segment, so I think I get the last word.

 

(CROSSTALK)

 

LEHRER: Well, you’re going to get the first word in the next segment.

 

ROMNEY: All right. Well, but he gets the first word of that segment. I get the last word (inaudible) I hope. Let me just make this comment.

 

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President Obama: But under Governor Romney’s definition, there are a whole bunch of millionaires and billionaires who are small businesses. Donald Trump is a small business. Now, I know Donald Trump doesn’t like to think of himself as small anything, but -- but that’s how you define small businesses if you’re getting business income.

 

----ROMNEY: ... to oil, to tax breaks, then companies going overseas. So let's go through them one by one.

 

First of all, the Department of Energy has said the tax break for oil companies is $2.8 billion a year. And it's actually an accounting treatment, as you know, that's been in place for a hundred years. Now...

 

OBAMA: It's time to end it.