Las Vegas, Nevada (CNN) - Rep. Ron Paul's coming out Friday with a new television commercial that touts his stance on government spending and criticizes some of his rivals for the GOP presidential nomination.
A senior Paul campaign aide tells CNN that the commercial will run in the early primary and caucus states and says the ad buy is in the hundreds of thousands of dollars.
Programming note: GOP presidential candidates next face off at 8 p.m. ET Tuesday, October 18, in the CNN Western Republican Presidential Debate in Las Vegas, Nevada. Submit your questions for the debate here.
The ad uses news clips to illustrate the country's dire economic conditions, labels President Barack Obama a failure on dealing with the economy, and then highlights past comments of three other Republican presidential candidates
The commercial uses a clip of former Godfather's Pizza CEO Herman Cain discussing the Troubled Asset Relief Program, saying "the concept of TARP. I was willing to go along with it."
TARP, known as the Wall Street bailout, is despised by many conservative voters.
The ad includes a clip of former Massachusetts Gov. Mitt Romney saying "I think there is need for an economic stimulus."
The economic stimulus program pushed by Obama and passed in 2009 by a Democratic controlled Congress is equally unpopular with conservative voters.
The ad then highlights a mock newspaper headline of Texas Gov. Rick Perry that reads "Perry joins with Democrat to push for bailout."
The commercial closes with clips from Paul's 1988 and 2008 presidential bids, where he rails against government spending, finishing with him saying "I've been talking about these problems for a long, long time. Now we're bankrupt and we have to decide which way we're going to go."
This appears to be the sixth time the Paul campaign has gone up with a paid ad buy.
- Follow Paul Steinhauser on Twitter: @PSteinhauserCNN