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Obama, Romney prepare for first presidential debate

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    Where do candidates stand ahead of round one?

  • Duration 2:31
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Well this is the final weekend before the presidential candidates square off in the first of three debates.

Which could help Mitt Romney gained some momentum or they could help to present of course.

Today the campaigns are both raising money and lowering expectations.

Here's chief political correspondent Carl Cameron.

The Pennsylvania democratic leaning swing state.

Billion dollars today.

Mitt Romney tried to -- -- come from behind in polls with a feisty speech at valley forge military academy and college.

Criticizing President Obama for downplayed turmoil in the Middle East and North Africa.

I don't consider.

They -- -- killing of our diplomats.

In in Libya as a bump in the road and I sure as heck don't consider Iran becoming nuclear a bump in the road we need someone who recognizes the serious.

Romney has not spent much time nor money in Pennsylvania.

He slipped in national polls to four point one points behind the president and by eight points in the keystone state according to the latest real clear politics average of recent surveys.

But he's hoping for a surprise upset here.

I've got a little secret here that is that the Obama campaign thinks that Pennsylvania is in their pocket -- going to worry about it.

I M.

And you're right and they're wrong we're gonna win Pennsylvania we're gonna take the White -- Presidential -- five days from now and Denver both sides are outwardly downplaying expectations.

Romney aides note that in 2008 against John McCain sent mr.

Obama won -- debate by double digits according to Gallup -- again and -- one of them by 33 points.

The president's team said it expected Romney to be well prepared playing up what they suggest are built in advantages for Romney quote.

Debates and particularly the first debate.

Generally favor challengers.

It's natural for a challenger to gained simply from standing on the stage toe to toe with the incumbent senior Romney advisor Beth Myers -- the GOP's pre debate spin in a memo about voters to reporters quote.

Regardless of who comes out on top in these debates they know we can't afford another four years like the last four years on his campaign plane Romney tried to set his own state.

You know make that decision based on what they believe is in the best interest of the country have their own family and I and I expect to be able to describe that a twelve minute -- people understand.

And if they do -- get elected.

-- spends the weekend in Boston -- -- to Denver on Monday.

He has no public campaign activities planned it's all private debate prep.

In advance of Wednesday's face -- it's just a measure of how important mr.

Romney really thinks this is going to be OK Carl CM Colorado.