The political stage is set for the vice presidential debate on foreign and domestic policy, which will take place on Thursday, Oct. 11, in Danville, Ky., between current Vice President Joe Biden (D-United States) and vice presidential hopeful Paul Ryan (R-Wisconsin). Unlike last week's presidential debate, where many experts thought President Barack Obama would dominate Mitt Romney, this week's debate is slated to be more evenly matched between Biden and Ryan. 

In Pew Poll results that were revealed on Wednesday, only 34 percent of registered voters felt that Biden would outperform Ryan, while 40 percent said that he wouldn't. Viewed in a more favorable light in the survey, Ryan could start off the political showdown with the upper hand. If the Republican can pull out a clear victory over Biden, then momentum for the respective party will only grow. 

However, if Biden can outwit Ryan, then Romney's political campaign clout may partially diminish. Lastly, if the face-off between the two turns out to be a draw or close to it, then Romney's team will likely still gain momentum in that respective outcome. 

During the 2008 VP debate, Biden and Sarah Palin faced off on the podium. However, some believe the debate turned out to be unorthodox, as Biden appeared to ease up a bit from any strong attacks and Palin herself seemed as though she was simply trying to get through the event without misinterpreting the facts. 

Although Biden and Ryan are currently content with being the right-hand man to the next president, that might not always be the case. Political insiders feel as though the elected vice president may very well make a presidential bid at the end of the next term in 2016. On the same token, whether Romney is victorious or not, Republican experts don't have any reservations about Ryan wanting to throw his name in the running as well.

The Vice Presidential debate is set to begin at 9 p.m. ET and can be viewed on C-SPAN, ABC, CBS, FOX, NBC, CNN, Fox News and MSNBC, among other channels.

CLICK HERE for the full 2012 Presidential debate schedule.