Read the full text transcript of the 2012 vice presidential debate below, and watch the complete video of the debate here.
MARTHA RADDATZ, MODERATOR: Good evening, and welcome to the first and only vice presidential debate of 2012, sponsored by the Commission on Presidential Debates. I’m Martha Raddatz of ABC News, and I am honored to moderate this debate between two men who have dedicated much of their lives to public service.
Tonight’s debate is divided between domestic and foreign policy issues. And I’m going to move back and forth between foreign and domestic, since that is what a vice president or president would have to do. We will have nine different segments. At the beginning of each segment, I will ask both candidates a question, and they will each have two minutes to answer. Then I will encourage a discussion between the candidates with follow-up questions.
By coin toss, it has been determined that Vice President Biden will be first to answer the opening question. We have a wonderful audience here at Centre College tonight. You will no doubt hear their enthusiasm at the end of the debate — and right now, as we welcome Vice President Joe Biden and Congressman Paul Ryan.