HEMPSTEAD, N.Y. — The room set aside for reporters to watch Tuesday night’s debate erupted into applause after President Obama ridiculed the size of Mitt Romney’s personal wealth.


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Mr. Romney was trying to make the point that both his and Mr. Obama’s investment funds probably include investments in China — something the president has attacked Mr. Romney for.

“Mr. President, have you looked at your pension?” Mr. Romney said.

“You know, I don’t look at my pension. It’s not as big as yours, so it — it doesn’t take as long,” Mr. Obama retorted. His reply prompted laughter in the debate hall where the two men were squaring off — but across the way in the separate room where the press was stationed, a brief round of applause broke out.

Mr. Obama has made Mr. Romney’s personal wealth a major issue in the campaign, arguing that he is out of touch with average voters who pay a higher income tax rate even though they earn far less than Mr. Romney, who founded and ran Bain Capital, an investment firm.


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Read More at washngtontimes.com . By Stephen Dinan.


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