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Romney, Obama Debate Defense Budget, Navy Shipbuilding

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      President Barack Obama and Republican challenger Mitt Romney battled over Pentagon spending and Navy shipbuilding last night during the final presidential debate before the Nov. 6 election. Obama mocked Romney, the former governor of Massachusetts, for emphasizing the naval fleet is smaller now than in 1917. Romney wants to increase weapons spending, notably calling for boosting Navy shipbuilding from nine to 15 ships per year--including increasing annual submarine production from two to three vessels. Romney noted that the…

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