Obama: `Horses and Bayonets’

Photograph by Rick Wilking-Pool/Getty Images

President Barack Obama debates with Mitt Romney at Lynn University.

Republican Mitt Romney wants a bigger Navy.

Where’s he going to get the money,  moderator Bob Schieffer asked during the presidential debate tonight.

For starters, he said, he’d cut “Obama-care.” Program after program should be reviewed, Romney said.

Romney has called for $5 trillion of tax cuts that he hasn’t paid for, Obama said. “He then wants to spend another $2 trillion on military spending that the military is not asking for.”

“The math simply doesn’t work,” he said.

Military spending has increased every year of his term, Obama said, and the U.S. spends more on it than the next 10 nations combined.

“I’ve balanced budgets,” Romney said. “I was in business for 25 years.”

“The president hasn’t balanced” the federal budget yet, he said. “I hope to have the opportunity to do it myself.”

In addition, he said, the Navy has fewer ships than it did in 1916.

“I think Governor Romney maybe hasn’t spent enough time looking at how our military works,” Obama said. “Governor, we also have fewer horses and bayonets.”

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