The Daily Rundown   |  August 15, 2012

Can the 2012 campaigning get any uglier? Yes it can.

The Paul Ryan pick was supposed to kick-off a high-minded campaign on the issues. However, over the last 24 hours, the attacks from both sides have reached a new level of vitriol. The Daily Rundown’s Chuck Todd reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> state. it is august 15 , 2012 . just when you thought last week's third grade insults were as low as the campaign could go, here we go again, the campaign has gotten even uglier. it's not faux outrage, it's real outrage. over the last 24 hours , the attacks from both sides have reached a new level of vitriol. it started yesterday with vice president joe biden who made these comments about romney 's fiscal policies to an audience in danville, virginia which included several hundred african-americans.

>> romney said in the first 100 days he's going to let the big banks write their own rules. unchain wall street . they're going to put y'all back in chains.

>> biden 's remarks were fodder for the calling the moment, a new low. last night in ohio romney lashed out at the president leveling his harshest attack against him to date.

>> this is what an angry and desperate presidency looks like. his campaign strategy is to smash america apart and then try to cobble together 51% of the pieces. mr. president, take your campaign of division and anger and hate back to chicago and let us get about rebuilding and reuniting america .

>> the obama campaign wasn't going to lit that go unanswereds. ben labolt said that governor romney 's comments seem unhinged coming at a time when he's pouring hundreds of millions of dollars into attack ads. this morning in an interview with cbs, romney fired right back.

>> i think unhinged would have to characterize what we have seen from the president's campaign. the president's campaign is all about division and attack and hatred. my campaign is about getting america back to work. if you look at the ads that have been described and the divisiveness based on income, age, ethnicity and so forth, it's designed to bring a sense of emnitty and jealousy and anger.

>> biden was not apologetic, he said he was just borrowing the republican's rhetoric.

>> biden said we believe the -- i'm using their own words. i got a message for them. if you want to know what's outrageous, it's their policies. and the effects of their policies on middle class america . that's what's outrageous.

>> well, romney responded to that biden attack on ryan this morning.

>> can't speak for anybody else, but i can say that the comments of the vice president as i heard them i thought were one more example of a divisive effort to keep from talking about the real issues. look, no one is talking about deregulating wall street .

>> let me strategically explain what's going on here and why the romney camp decided to go so harsh after biden . if they can't move romney 's likability numbers up to the president's, bring the president down, the more he looks like a typical politician, in their view, the better off they are in october. the president finished off a nasty day of charges and counter charges with shamus dig.

>> that's what he said about wind power , you can't drive a car with a windmill on it. now i don't know if he's actually tried that. i know he's had other things on his car.

>> by the way, yesterday was supposed to be in exchange an issue exchange with the president talking about wind, romney in ohio talking about coal. was that the issue yesterday in i missed it. the romney came pain is up with this new tv ad in targeted markets and it's the first ad that shows romney and ryan together.

>> you paid into medicare for years, every paycheck, now when you need it, obama has cut $716 billion from medicare , why? to pay for obama care. romney wants to strengthen the plan for the next generation.

>> that ad is basically true except they leave out that they're -- romney is sending a message to the rest -- air cover in the medicare fight a battle where democrats have traditionally had the upper happened. the ad takes a winning play from -- when those candidates tied medicare to the president's health care law .

>> i can't believe it, he has taken $716 billion out of the medicare trust fund to pay for obama care. i'll put it back.

>> the big question, though, does that playbook work after republicans passed the ryan budget in 2011 and 2012 which sub substantially transforms the medicaid plan. ryan was challenged in a forks interview yesterday.

>> doesn't your budget also contemplate very major savings from medicare for something similar to --

>> only president obama raised $716 billion from the medicare program to pay for obama care.

>> right.

>> we don't do that.

>> you make saving how much?

>> i joined the romney ticket. and what mitt romney is proposing to do is repeal all of obama care.

>> one of ryan 's strengths was supposed to be that he wasn't perceived as a typical politicians, he's known for standiing up for his beliefs and his plans, when it comes to hard questions on tax reform , he sounded like a typical politician.

>> will we soon see a plan that's specific about which loopholes to close?

>> that is something we think we need to do in the light of day and the house and congress to pass a project for tax reform . we want to get feedback from americans about what priorities in the tax code we should keep and which ones we should get rid of.

>> light of day , which means after election day . that's a split particularly on medicare . finally, if it's wednesday, we have election results. how does an establishment member who has a high -- get to the republican primary ? when you have three challengers splitting the votes against him. tommy thompson won the senate primary in wisconsin with a meager 44% of the vote, but a win is a win. pretty good night for the establishment, john mica held on to his seat. in the third district in florida, it looks like redistricts may knock off 12-term incumbent, cliff staerns. and ted yoho branded him with the washington label with this memorable ad.

>> career politicians got us into this mess, but all they do is sling mud at each other, let's get the pigs out of the mud. linda mcmahon will make another run after crushing chris sheas in that state's republican primary . and connie mack won his senate primary and will face off democratic senator bill nelson in the fall, that is a 50/50 race.

>>> republican megadonor sheldoned aal son