The latest presidential polls are out and Mitt Romney is taking the lead against President Obama.

As of Tuesday, Mitt Romney remains with an increasing lead over Barack Obama, according to Rasmussen's daily Presidential poll.

Romney currently has a four point lead with 50 percent of voter support over President Obama with 46 percent. The poll also showed one percent of voter supporting a third-party candidate and two percent still undecided.

According to the polling analysis, this is the first time a candidate has had a lead of over three points within the last few months.

Currently Romney is attracting more support from his party with 89 percent of Republican voters as well as having the lead with voters not affiliated with a party that give him an additional nine points. Barack Obama has the support of 82 percent of democrats.

The results for Tuesday's poll were based on phone interviews over three consecutive nights. However, these figures do not incorporate the opinion of voters who watched the third presidential debate. Rasmussen will update their poll during the week to add the impact of the final debate on voters.

Romney has had a minor lead over Obama, but on Oct. 19, Rasmussen's daily Presidential polls showed the two candidates evenly matched with the support of 48 percent of American voters.

The latest Electoral College projected reports show President Obama with a slight lead with 237 Electoral Votes and Romney at 235. In order to become President of the United States, a candidate needs 270 Electoral Votes. With 66 Electoral Votes remaining, the latest toss-up states are Ohio, Virginia, Wisconsin, Colorado, Iowa, Nevada and New Hampshire.

The time is running out for Obama and Romney who are locked in a close race where each day will have a greater impact on their success for the Oval office seat.

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