10 things you need to know today: October 12, 2012

Biden comes out swinging at the VP debate, the EU wins the Nobel Peace Prize, and more in our roundup of the stories that are making news and driving opinion

The Nobel Peace Prize was awarded to the struggling, disjointed European Union on Friday, much to the confusion of the rest of the world.
(Image credit: Cristina Arias/Getty Images)

1. BIDEN COMES OUT SWINGING AT VP DEBATE, TALKS 47 PERCENT

Vice President Joe Biden aggressively went after Rep. Paul Ryan (R-Wis.) on the economy, taxes, foreign policy, and more throughout their 90-minute debate in Danville, Ky., on Thursday night. In stark contrast to last week's presidential debate, in which President Obama was accused of being listless, Biden frequently scoffed at Ryan's claims and explicitly cast doubt on the GOPer's command of the facts. And unlike Obama, Biden brought up Romney's 47 percent remarks, in which the Republican dismissed nearly half of the electorate as government moochers. "These people are my mom and dad, the people I grew up with, my neighbors," Biden said. "They pay more effective tax than Gov. Romney pays in his federal income tax." [Los Angeles Times]

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