Vice President Kamala Harris and former President Donald Trump met for the first time Tuesday in their first presidential debate of the 2024 election, hosted by ABC News.

The high-stakes, 90-minute debate was held at Philadelphia's National Constitution Center, with Trump and Harris arguing their case for the White House.

As the Democratic and Republican nominees debated the most pressing topics facing the nation, ABC News live fact-checked their statements for answers that were exaggerated, needed more context or were false.

MORE: Where Kamala Harris, Donald Trump stand on key issues heading into ABC News debate

HARRIS CLAIM: 16 Nobel laureates say Trump's plan would increase inflation and land us in a recession

FACT-CHECK: Mostly true

Harris correctly describes what the Nobel laureates said about inflation during Trump's presidency: "There is rightly a worry that Donald Trump will reignite this inflation." But while the group describes Harris' agenda as "vastly superior" to Trump's, their letter doesn't specifically predict a recession by the middle of 2025. Rather, the group wrote: "We believe that a second Trump term would have a negative impact on the U.S.'s economic standing in the world and a destabilizing effect on the U.S.'s domestic economy."

The 16 economists are George Akerlof, Angus Deaton, Claudia Goldin, Oliver Hart, Eric S. Maskin, Daniel L. McFadden, Paul R. Milgrom, Roger B. Myerson, Edmund S. Phelps, Paul M. Romer, Alvin E. Roth, William F. Sharp,...

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