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Analysis: Romney's aggressive performance cheers GOP

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"Virtually everything he just said about my tax plan is inaccurate," Romney retorted. "I'm not looking for a $5 trillion tax cut."

As Romney all but accused Obama of lying about his tax plan, the president alternated between looking directly at his Republican rival and bowing his head to take notes. "Now he's saying his big bold idea is 'never mind,'" Obama said.

Romney held his ground. He said he would reduce income tax rates without adding to the deficit and without reducing "the share paid by high-income individuals."

Economists say Romney has yet to explain how he can manage that feat.

Obama seemed frustrated but almost resigned. He said Romney's running mate, Rep. Paul Ryan, "put forward a budget that reflects many of the principles that Gov. Romney's talked about. And it wasn't very detailed. This seems to be a trend."

But rather than press Romney any harder for details, the president moved on.

Obama seemed eager not to appear prickly or angry. He flashed his familiar smile often, and it's possible that many viewers saw him as relaxed and unshaken.

But the president also failed to follow through on some openings, such as when he noted that Romney once said he would reject a deficit-reduction plan even if it called for only $1 in new tax revenues for every $10 in spending cuts.

Obama said he wants "a balanced approach" that would include $2.50 in spending cuts for every $1 in new revenue.

Obama used the debate's early moments to put the best light on his handling of the economy. He mentioned that the U.S. car industry is rebounding, and the housing market is growing.

Romney replied: "We've got 23 million people out of work or looking for work."

Both men spoke to middle America, making few references to issues that fire up the right and left fringes.

Republican consultant Matt Mackowiak said Romney "was on offense most of the night, holding Obama accountable for massive investments in green energy, the growing national debt and weak economic recovery. Obama never asked Romney to defend the Bain Capital record, his decision to release only two years of tax returns or the '47 percent' comment."

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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