The first Kennedy-Nixon Presidential Debate in Chicago, Illinois. Stuart Novins from CBS News asks Democratic candidate Senator John F Kennedy about welfare programs for education system, medical care and reduction in the federal debt. Kennedy argues that he has not mentioned about the federal debt reduction in his speeches. He states the advantages of his program for providing medical care for the aged and an effective education system. He tells that the development of natural resources will generate revenues to finance new projects. He states about the importance of a balanced budget. Republican candidate U.S. Vice President Richard M. Nixon presents his views and states that the reduction of federal debt was mentioned on the Democratic platform and not in Kennedy's speech. He presents his views on Senator Kennedy's proposal for medical care for the aged and the development of the natural resources. He states that Kennedy's proposals will result in rise in taxes and unbalancing of the budget which will lead to inflation. He favors the aid for school construction.
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