Obama, Romney give closing statements

After just under 90 minutes of debate, both President Barack Obama and Mitt Romney delivered their closing arguments.

Obama went first, looking back to when he was elected four years ago and vowing to continue the work he's started.

"Four years ago, we were going through a major crisis," he said. "And yet my faith and confidence in the American future is undiminished. And the reason is because of its people. ... Everything I've tried to do, and everything I'm proposing for the next for years, … all those things are designed to make sure the American people, their genius, their grit, their determination, is channeled and they have an opportunity to succeed."

He acknowledged that his time in office hasn't been without its imperfections.

"Four years ago, I said I'm not a perfect man and I wouldn’t be a perfect president — and that’s probably a promise Gov. Romney will agree with," he said.

Romney, who went second, stressed the differences between himself and Obama, outlining the stakes for Election Day and saying he's the best choice to help the middle class.

"If I'm president, I will create 12 million new jobs in this country with rising incomes. If the president is reelected, Obamacare will be fully installed. ... If the president were to be reelected, you would see a $716 billion cut to Medicare. You'll have 4 million people who will lose Medicare Advantage," Romney said. "I'll restore that $716 billion. Finally, military, if the president's reeelected, you'll see dramatic cuts to our military. ... I will keep America strong and get America's middle class working again."