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Barack Obama and Mitt Romney swap jokes

19 October 2012 Last updated at 13:45 BST

President Barack Obama and Republican rival Mitt Romney have made a series of lighthearted jabs at themselves and each other at a charity fundraiser.

Mr Romney mocked his own wealth, while the President said he had been 'napping' in the first debate.

Earlier, Mr Obama made an appearance on the Daily Show with Jon Stewart where he defended his record in office.

Zoe Conway reports.