EPIC FAIL - It’s PolitiFact that deserves the “Pants on Fire” for incomplete reporting, because Romney was just repeating a point Navy leaders themselves have made numerous times over the past year. Here’s Mabus, speaking last April at the Navy League’s annual meeting: “One of our main areas of focus has to be the size of our fleet. The CNO has repeatedly said, and I repeatedly have strongly supported him, that the minimal number of ships we should have is 313. We have 288 today in the battle fleet: the lowest number since 1916, which – during that time, the intervening years, our responsibilities have grown somewhat. But if Congress funds the shipbuilding program that we have laid out, we will reach a fleet of 325 ships in the early 2020s.”