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Campaign 2012: Romney complains, Biden defends

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The tone of the Presidential campaign is getting increasingly heated.

On CBS This Morning, Mitt Romney accused the President of running a campaign of jealousy and anger, following comments Vice President Joe Biden made on the campaign trail Tuesday. Randall Pinkston reports from Washington, DC.

“The president seems to be running to hang on to power,” said Romney. “I think he'll do anything in his power to try and get re-elected.”

The Republican presidential candidate is taking issue with Obama campaign ads and remarks Vice President Joe Biden made to supporters in Virgina on Tuesday .

“The comments of this nature sink the White House just a little lower,” said Romney.

The vice president was talking about Romney’s plans to roll back Wall Street regulations  to an audience that included hundreds of African Americans’

"Unchain Wall Street!  They're going to put y'all back in chains,” said Biden, who then later elaborated on his statement.

"The last time these guys unshackled the economy, to use their term, they put the middle class in shackles."

In January 2011, Paul Ryan did use that expression. He said that “We believe a renewed to limited government will unshackle our economy and create millions of new jobs and opportunities for all people of every background to succeed and prosper.”

The Obama campaign did not apologize for the vice president's remarks. Instead it called Governor Romney's comments "unhinged” and accused Romney of running his own misleading ads.

The president is back on the campaign trail in Iowa today - Tuesday he took aim at Governor Romney’s tax plan.

"We do not need more tax cuts for the wealthiest Americans. We need to give tax relief to working families who are trying to raise their kids,” said Obama.

Romney called the president's language divisive . “It’s designed to bring a sense of enmity and jealously and anger.”

Romney is heading south for two fundraisers today. Ryan will be in Richmond, Va. at Deep Run High School on Friday.

This is last day of the President’s three-day bus tour through Iowa. The First Lady is joining him at stops in Dubuque and Davenport.