Tags: obama | romney | stimulus | spending

Romney Ad Hits Obama for Wasteful Stimulus Spending

By Newsmax Wires   |   Wednesday, 18 Jul 2012 09:40 AM

The Romney campaign released a new ad Wednesday, attacking President Barack Obama for numerous flaws in the 2009 fiscal stimulus package, which totaled $787 million.

With a backdrop of burning money, the ad’s narrator asks, "Where did all the Obama stimulus money go?"

Watch the video here.

The answer: "Friends, donors, campaign supporters, special interest groups, Solyndra, 500 million taxpayer dollars, bankrupt, windmills from China, electric cars from Finland."

The ad closes with Sen. Chuck Schumer, D-N.Y., saying "Seventy-nine percent of the $2.1 billion in stimulus grants awarded through it [part of the fiscal package] went to overseas companies."

The Romney campaign has decided to increase its TV ads in swing states to counter Obama’s fusillade of negative ads, Politico reported Tuesday.

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