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:

RNC Ad Bashes Bailout, Says Obama Will Make Things Worse The new RNC TV ad, targeted for key states, seriously undercuts the attempts at political consensus from President Bush, John McCain and Barack Obama that there should be a bailout, then warns that Obama would make things even worse:"Meltdown," the announcer says. "Wall St. squanders our money. And Washington is forced to bail them out with -- you guessed it -- our money. Can it get any worse?"Bill Clinton To Campaign For Obama Tomorrow The Obama campaign has announced dates for campaign rallies starring Bill Clinton, who has been criticized in many media outlets for showing insufficient enthusiasm for Barack Obama. Bill will hold two rallies tomorrow in Florida, one in Orlando and the other in Fort Pierce. Obama In Nevada, Biden Off The Trail Barack Obama is campaigning in the swing state of Nevada today, with an event this morning at the University of Reno. Joe Biden is off the campaign trail, preparing for Thursday's debate with Sarah Palin.McCain In Iowa, Palin At Debate Camp John McCain is campaigning today in Iowa, a swing state where Barack Obama has enjoyed a big lead in all the recent polls, with a small business roundtable scheduled for 11 a.m. ET. Sarah Palin is off the campaign trail, cramming for Thursday's debate.Obama Calls For Expanding FDIC Insurance Barack Obama is calling for FDIC insurance on bank accounts to be raised from $100,000 to $250,000 in an effort to increase the confidence of small businesses in the banking system. "While that guarantee (of $100,000) is more than adequate for most families, it is insufficient for many small businesses that maintain bank accounts to meet their payroll, buy their supplies, and invest in expanding and creating jobs."McCain Tries To Rebrand Bailout Appearing on CNN this morning, John McCain said the bailout plan should instead be called a "rescue effort." Said McCain: "We haven't convinced people that this is a rescue effort not just for Wall Street but for Main Stre...

Blog: The Republican Party's independent expenditure arm is up with an ad that hints at opposing the bailout, and links Obama's spending plans, in

Blog: The Republican Party's independent expenditure arm is up with an ad that hints at opposing the bailout, and links Obama's spending plans, in