Obama ratchets up ad war on gas tax holiday

Barack Obama launched a new TV ad in Indiana replying to what his campaign calls "another negative ad" from Hillary Clinton that hits him for ignoring the pain at the gas pump.

Clinton is proposing a summer gas tax holiday that would suspend the 18.4-cent-per-gallong federal levy, to be paid for by imposing a windfall profits tax on oil companies.

“But here’s what she's not saying," the announcer says in Obama's ad. “USA Today calls her three-month gas tax holiday 'political pandering.' "

"It’s an election year-gimmick, saving Hoosiers just pennies a day," the narrator says, as "30 cents a day" appears on the screen.

The ad then highlights Obama's longer-range plan to deal with record-high gas prices, though in broad strokes it is similar to Clinton's.

"Barack Obama's plan? Take on price-gouging by oil companies. Tax their windfall profits. Invest in alternative energy. Give working families a permanent, thousand-dollar tax cut to help with rising costs. That's change we can believe in."