Biden and Ryan square off in first and only debate - WKOW 27: Madison, WI Breaking News, Weather and Sports

Biden and Ryan square off in first and only debate

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DANVILLE, KY (WKOW) -- In their first and only debate, Vice President Joe Biden and Congressman Paul Ryan clashed over Medicare, the economy and foreign affairs.

The debate started with the attack on the U.S. embassy in Libya.

Ryan slammed the Obama administration for failing to call it a terrorist attack.

While Biden criticized Ryan and Mitt Romney for launching political attacks before they knew the facts on the ground.

But the debate really got heated when they started talking about the economy.

Ryan said, "They passed the stimulus. The idea that we could borrow $831 billion, spend it on all these special interest groups and everything would work out just fine. That unemployment would never get to 8%. It went up above 8% for 43 months."

Biden countered, "I love that. This is such a bad program but he writes me a letter saying the reason we need the stimulus is it will create growth and jobs. His words!"

They also duked it out over their plans for Medicare and Social Security, programs that are broke.

Ryan said, "If you reform programs for my generation, people 54 and below, you can guarantee they don't change for people in or near retirement, which is precisely what Mitt Romney and I are proposing. Look what Obamacare does, it takes $716 billion from Medicare to spend on Obamacare."

Biden said, "What we did is saved $716 billion and put it back, applied it to Medicare. We cut the cost of Medicare, we stopped overpaying insurance companies, doctors and hospitals. The AMA supported us, the AARP endorsed it. It extended the life to medicare to 2024."

When it comes to taxes, Ryan says he and Mitt Romney want to give congress a framework that involves lowering rates by 20%.

But Biden says the only way to pay for Romney's plan is to raise middle-class taxes.

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