Obama Campaign Calls Out Romney's '12 Million Jobs' Plan As Phony

In the last debate, President Obama took a lot of flak from his base for failing to pounce on what they saw as Mitt Romney's endless fibbing. And it seems this time, the Obama camp is on the offensive, seizing on a scathing Washington Post analysis, published this morning, that gave Romney's jobs plan "four Pinocchios."

Romney has frequently said his policies will "create 12 million jobs" in his first term, a number already expected by a number of economic forecasters, including Moody's Analytics and Macroeconomics Advisers, without looking at Republican contender's plans.