9:56 pm ET: On MSNBC, Steve Schmidt, the campaign manager of McCain-Palin 2008, thinks Bachmann's time in the spotlight is coming to an end and that Rick Perry snagged her momentum.
9:52 pm ET: The actual debate portion of the night is now over. Time for the press releases and spin. ThinkProgress immediately tweets: "WINNER: Romney, strong attack on Perry re: Social Security. Has most compelling narrative against Obama."
9:49 pm ET: Abruptly, Brian Williams is now saying that the campaigns have told him the debate has ran over its time limit.
9:48 pm ET: Ron Paul is asked whether or not providing hot meals at school is infringing on the Constitution. Paul won't flinch, and says (paraphrased) "don't always turn around and say that we who believe in liberty lack compassion."
9:41 pm ET: Mitt Romney makes an income inequality question all about the middle class, repeating what seems like a well-rehearsed refrain that they are the most hurt economically by the Obama administration. And "I'd be looking for someone new," was his response to the question of whether Bernanke would be in a Romney administration.
9:39 pm ET: Asked what he'd do about the Fed, Newt Gingrich would fire Ben Bernanke "tomorrow."
9:38 pm ET: On climate change, Bachmann pivots to the Environmental Protection Agency saying that "a political agenda is being advanced."
9:32 pm ET: Jon Huntsman tries to delicately say that climate change science matters. Talking Points Memo nabs the exact quote: "In order for the Republican party to win, we can't run from science"
9:30 pm ET: The debate's not even over, but we have our first candidate for "loser" of this round, courtesy of The Guardian's Ewen Macaskill:
The debate confirms that it is two-horse race. The other six are basically spectactors in the Perry-Romney clashes. The biggest loser of the night is Michele Bachmann. She emerged as the winner in the New Hampshire debate, someone fresh. But she has been overshadowed since Perry joined the race last month, eating into her support among the Tea Party and other right-wingers. She sounds tired tonight, rehashing old lines about Obamacare that don't seem relevant to the debate.
So, maybe she didn't end up getting a better line than the "one term" president one.
9:24 pm ET: One-liner time again: Keynesian policy is now done, proclaims Rick Perry.
9:23 pm ET: Last commercial break ended, faster rounds now. Romney asked if he's a Tea Partier, deflects the question quickly, mentions that he's not a card carrying member. Huntsman pledges to make no pledges, other than to his wife. Matt Yglesias humorously tweets the tone of the Tea Party question: "Are you now, or have you ever been, a member of the Tea Party?"
9:14 pm ET: Lots of reaction rolling in on Twitter about Rick Perry's line that if Obama thinks the border is safe right now, he's an "abject liar." One observation that Romney didn't take a swing at the Texan: "Romney had a chance to call Perry out by name when he came out against states that give tuition breaks to illegal immigrants -- but he didnt," tweets The Wall Street Journal's Jonathan Weisman.