October 1, 2008
Posted: October 1st, 2008 12:45 PM ET
From CNN Assignment Editor Lauren Kornreich
The Obama campaign released a new ad calling McCain a 'big spender'.
(CNN) –- As the Senate prepared for an expected Wednesday evening vote on the financial bailout package, Barack Obama’s campaign released a new ad Wednesday that portrayed John McCain as a “big spender” who would add $3 trillion to the national debt. Citing statistics from TaxPolicyCenter.org, the Center on Budget and Policy Priorities, and the McCain campaign Web site, “Spending Spree” charges that McCain’s tax and spending proposals would drive up America’s debt by trillions of dollars. Watch: The Obama campaign's latest ad calls McCain a 'big spender' “So as we borrow from China to fund his spending spree, ask yourself. Can we afford John McCain?” a narrator asks in the ad, which start running in “key states” Wednesday, according to the Obama campaign. The ad comes one day after the Republican National Committee’s independent expenditure unit released a new spot, set to run in battleground states, that looks to tie Obama to the bailout plan before Congress, and holds him responsible for the $1 trillion in new spending that may result. "Who pays? You do. New taxes. New spending. New debt. Barack Obama’s plan: It will make the problem worse," says the announcer in the 30-second spot. Filed under: Barack Obama John McCain
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