First presidential debate 2012: Barack Obama and Mitt Romney's first face-to-face ....Watch Debate Live ClLICK This ADD Below

9:16 p.m.: Both men smirk to protect skeptical "there you go again" indulgence" when the other speaks. Romney has a red striped tie, Obama a blue tie. Both ahve American flag pins. Romney says he won't put in place a tax plan that adds to the deficit. He says Obama is repeating untruths. "I will not reduce taxes on high income Americans." Oddly, he saysPresident Barack Obama and Mitt Romney are in the spotlight on Wednesday night as they face off in their first debate at the University of Denver in Colorado. Ahead of the event, polls showed the race for the White House tightening in the key battleground states of Florida and Virginia. Speculation has swirled over whether the debate could produce a shift in the contest. HuffPost's Mark Blumenthal reports: