After Mitt Romney said in Wednesday night’s debate that he would cut federal funding for public television, President Obama’s campaign started campaigning on saving Big Bird. No wonder his federal budgets are so full of red ink.Defending Big Bird, Obama ignores Romney’s point: We actually borrow money from China to finance our subsidy of public television. That is comletely insane. It’s also completely unnecessary, as beloved programs such as Sesame Street are fully financially viable without government subsidies.“Sesame Workshop receives very, very little funding from PBS,” Sesame Workshop Executive Vice President Sherrie Westin said after the debate. Exactly.