ProgressOhio

The RNC has a new spot out today alleging that Barack Obama will spend an additional $1T to bailout the U.S. economy. The ad will run in WI, OH, MI, PA, VA and IN.

Narrator: "Who pays? You do. New taxes. New spending. New debt. Barack Obama’s plan: It will make the problem worse."

The ad sparked outrage from Team Obama, who sent oppo to reporters emphasizing John McCain's longtime support for the type of deregulation that led to the current economic crisis.

“For John McCain’s party to demagogue a rescue plan that he supports in order to score cheap political points is not only dishonest and dishonorable, it is the height of irresponsibility on a day when we urgently need to pass that plan to prevent an economic catastrophe. So much for country first,” said Bill Burton, a spokesman for Obama's campaign.

Watch It:

New Barack Obama TV ad running in select states including Ohio features the IL senator outlining his plan for economic relief for the nation:

"On taxes, John McCain and I have very different ideas. Instead of giving hundreds of billions in new tax breaks to big corporations and oil companies, I'll cut taxes for small and startup businesses that are the backbone of our economy. Instead of more tax breaks for corporations that outsource American jobs, I'll give them to companies who create jobs here. Instead of extending the Bush tax cuts for the wealthiest -- I'll focus on you. My plan offers three times as much tax relief to the middle class as Senator McCain's. If you make less than a quarter million a year, you won’t see your taxes raised one penny under my plan."

Watch It: