Live Blog: The Third U.S. Presidential Debate

Obama says his administration's strategy was not just going after bin Laden and that it has created partnerships across the region to battle terrorism.

He said the plan has included supporting reforms in those nations, such as support for women's rights.

Obama says the U.S. stood on the side of democracy and the people in Tunisia, Egypt and Libya.

Pakistan

Schieffer points out that General Allen said Americans continue to die at hands of people supported by Pakistan, yet we continue to give Pakistan billions of dollars.

Schieffer asks if it is time for the U.S. to divorce itself from Pakistan.

Romney says no. He says Pakistan is technically an ally, though it's not acting like an ally right now. He says he does not blame the Obama administration for the fact that the relationship is strained. He says the U.S. has to help Pakistan move to a more responsible course.

Romney says it's important for the U.S. to realize it can't just walk away from Pakistan.

Romney says the U.S. is going to have to have a far more effective and comprehensive strategy to move the world away from terrorism and Islamic extremism.

Romney says the U.S. has not seen the progress it needs to have.