Obama ad focuses on tax cuts

Barack Obama unveiled a new ad today aimed directly at families worried about their finances.

"Can we really afford more of the same?" the announcer asks.

Then the announcer slaps Republican John McCain for wanting to give big corporations and oil companies hundreds of billions of dollars in tax breaks by cutting the corporate income tax and by extending President Bush's tax cuts. McCain would offer 100 million Americans "no tax relief at all," the announcer says.

The spot highlights independent analyses that Obama's tax cut plan would mean that three times more in savings for the middle class than McCain. Obama proposes a $1,000 tax break that would benefit 95 percent of workers, and says he would let Bush's tax cuts lapse only for families making more than $250,000 a year.

Obama's campaign said the ad, called "Three Times," will air starting today in Colorado, Michigan, Missouri, New Hampshire, Ohio, Pennsylvania, Virginia, and Wisconsin.

UPDATE: McCain spokesman Tucker Bounds issued this response to the ad: “America’s business taxes are the second highest in the world, and that is driving American jobs overseas. So while American families are hurting and jobs are becoming scarce, Barack Obama is pushing for billions in higher taxes -- it's a recipe for economic disaster.”