Live blog: Third debate between President Obama and Mitt Romney
ANALYSIS: Romney wants todramatically increase military spending, some say by $2 trillion. Romney has charged that Obama is cutting the Pentagon budget, but Obama said the US spends as much as the next 10 countries combined. Here is the intersection between defense spending the deficit. Obama is ready for Romney's charge that the Navy has fewer ships than in 1917. "We have these things called aircraft carriers, where planes land on them," Obama said. The issue is further explored in this story: www.boston.comby Michael Kranish, Globe Staff10/23/2012 1:45:20 AM