Romney, Obama Face Off Over Debt

Romney threatens to cut Big Bird.

Barack Obama and Mitt Romney butted heads over their plans to tackle the deficit, talking taxes, small business and government subsidies in Wednesday night’s debate. Romney had a quote-worthy moment when discussing cutting subsidies to government programs: “I’m going to stop the subsidy to PBS,” he said. “And I like PBS. I love Big Bird!” (Big Bird later responded on Twitter “WTF Romney?”) Obama chided Romney’s definition of a small business, saying under it someone like Donald Trump would qualify “and I know Donald trump doesn’t like to think of himself as small anything.” Romney, typically unemotional, got heated at one point, telling Obama that his promises weren’t good enough: “You’ve been president for four years,” while Obama said Romney’s “big, bold idea is ‘nevermind.’