Crossroads GPS, the super PAC associated with former Bush White House advisor Karl Rove, began airing a new TV ad in North Carolina Tuesday that focuses on the national debt.
Called the "stop watch," the ad criticizes the administration of President Barack Obama for failing to address the the national debt.
The group said the ad is slated to run two weeks at a cost of $654,000 and is the third spot anti-Obama ad campaign in North Carolina costing $2.7 million. (Crossroads is spending $25 million nationally.)
Besides North Carolina, the new ad is running in Colorado, Florida, Iowa, Michigan, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia.
UPDATE: Adam Hodge, spokesman for the Democratic National Committee said: "Karl Rove's newest deceptive ad reminds of what he and Mitt Romney have in common -- zero credibility when it comes to debt. Because of the policies of the last administration -- massive tax cuts that weren't paid for, two wars that weren't paid for, and the effects of the recession -- President Obama entered office facing the largest deficit relative to the economy since World War II.''