McCain and Obama debate on issues such as goverment spending, the $700 billion bailout proposal, Iran, Iraq and relations with Russia.

See also:

• Second 2008 Presidential Debate - McCain and Obama (Full Video)
• Third 2008 Presidential Debate - McCain and Obama (Full Video)

Read more:

• ABC News: Fight Night: McCain, Obama Spar on Economy, Foreign Affairs
• BBC: McCain and Obama spar in first debate
• CNN: McCain, Obama fight for title of 'most qualified'
• Fox News: Candidates Accuse Each Other of Recklessness on Economy, Military
• USA Today: Analysis: Debate draws familiar battlelines