The New Stimulus, $400 Billion over the next 9 months!
NEW YORK (CNNMoney) -- The Federal Reserve announced "Operation Twist" Wednesday, a widely expected stimulus move reviving a policy from the 1960s.
The policy involves selling $400 billion in short-term Treasuries in exchange for the same amount of longer-term bonds, starting in October and ending in June 2012.
WASHINGTON -- When Mitt Romney and Rick Perry thumped their chests over their job-creation records as governor during the Republican presidential debate Wednesday night, they left the bad parts out.
Yes, employment has grown by more than 1 million since Perry took office in Texas. But a lot of those jobs are not well paid.
True, unemployment dropped to 4.7 percent when Romney was Massachusetts governor. But the state's employment growth was among the nation's worst.
A look at some of the claims in the debate, and how they compare with the facts: