stimulus

(via Claire McCaskill website/YouTube)

Democratic Senator Claire McCaskill released a trio of new campaign ads Wednesday that feature rape survivors discussing their opposition to her Republican opponent, Todd Akin.

The ads are grim and without music. They feature three sexual assault survivors, some of whom say they are Republican and pro-life, condemning Akin's stance on emergency contraception.

(via Flickr/Senator McCaskill)

Businesses affiliated with the husband of Missouri Sen. Claire McCaskill have received almost $40 million of federal subsidies for low-income housing developments during her first five years in office.

McCaskill's Republican challenger, Todd Akin, claims the payments represent a "conflict of interest and a breach of trust" with voters. The Democratic senator's campaign says that is "flat-out wrong."

Update at 12:31 p.m. ET. Federal Reserve Announces QE3:

The Federal Reserve announced it would spend $40 billion a month on bond purchases in an effort to stimulate the economy and drive the the unemployment rate down.

The Wall Street Journal says that unlike the first two rounds of Quantitative Easing, this time the Fed will focus solely on buying mortgage-backed securities.

An audit released today finds that several state agencies in Missouri have not adequately kept track of how federal stimulus dollars are being spent.

The state has spent about $2.6 billion in money received through the American Recovery and Reinvestment Act (ARRA) of 2009.