McCain: Obama 'ready to raise your taxes'

Fighting back against the gaffe of not knowing how many houses he owns, John McCain launched a new TV ad today that tries to paint Barack Obama as more out of touch with penny-pinching families.

"Celebrities don't have to worry about family budgets, but we sure do," the announcer says. "We're paying more for food and gas, making it harder to save for college, retirement. Obama's solution? Higher taxes, called 'a recipe for economic disaster.' "

"He's ready to raise your taxes, but not ready to lead," the announcer concludes.

McCain's campaign said the spot will air on national cable and in key states. It is the latest in a series of ads that seeks to use Obama's fame against him.

But while Obama's tax proposals would raise taxes, they would actually cut the tax bills for middle-class families.