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plans forward. they want to know what the president will do over the course of the next four years. and how exactly we'll get there. >> reporter: with polls showing mr. obama leading in the swing crucial swing states, top aides have encouraged the president to be himself, don't change what's working, one senior adviser said. for his part romney's advisers say he's prepared, that he just needs to convey his message clearly on the biggest stage of his political career. and throughout the primary debates, brian, mitt romney would write his father's name, george romney, on the top of his notepad. his father, of course, being his inspiration. he would also write one other letter, "o" to remind him to focus on president obama. but tonight he probably won't need any reminders. >> peter alexander, thanks. >>> now over to our political director and chief white house correspondent chuck todd also at the venue tonight. chuck, what's the task for both sides, for both men? >> reporter: well, i can tell you that both campaigns view it this way. the candidate that spends more time litigating the

. that president obama knows that medicare is-- we're spending too much on it, and his secret plan, he proposed cutting $250 billion in medicare over the next 10 years, which is exactly what the republicans are proposing. people are running away from the reality of this crisis. and i would argue-- i mean, mark's right, the economy looks good but it can go into a tailspin in the coming months, if somebody does not-- even before a new president or obama begins a second term takes office. in this i'm really not overstating this. anyone who knows about not just the fiscal cliff but the issue, this government is going to have to go into the debt market beginning of next year and ask to borrow another $1 trillion or 2 dollars. they couldn't settle this last year or this year. how are they going to settle it next year? >> bob, this sounds awfully bleak, and it's not. i think our prospects are actually quite priet. the private sector has made a lot of progress. american businesses have reduced their cost structure. their profit margins are as wide as they ever. banks are highly capitalized. even americ

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