The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. October 4, 2012 Romney Vows to Boost Military Spending, Cut Public Funding ----------------------------------------------------------- In last night's presidential debate, Mitt Romney challenged President Obama's assertion that his tax plan would cost the country $5 trillion in revenue, but did acknowledge he would cut spending on government programs while drastically increasing funding for the military. In a jab that quickly exploded on Twitter, Romney told moderator Jim Lehrer he would cut funds to his employer, PBS, despite his love for a certain Sesame Street character. Mitt Romney: "I’m sorry, Jim. I’m going to stop the subsidy to PBS. I’m going to stop other things. I like PBS. I love Big Bird. I actually like you too. But I’m not going to — I’m not going to keep on spending money on things to borrow money from China to pay for it." .