Obama campaign launches new attack ad on Romney

>> meanwhile the romney campaign put out a statement which turned the focus back to the president. the supreme court left president obama with two choices. the federal individual mandate is either a constitutional tax or an unconstitutional penalty. romney thinks it is an unconstitutional penalty. what is president obama 's position. it's probably clear that he was trying to make sure that romney looked consistent knowing there are plenty of clips like this one on meet the press that do exist.

>> it would become a tax.

>> it's reality. i have -- i am not trying to hide from the fact that we raise fees. that was separate from the health care part of this. but that goes to the whole argument that romney had back in 2007 , 2008 . you don't have to be a virgin to make the case against promiscuity. bottom line is what you saw, you saw eric trying to make sure that romney does not look like a flip-flopper. republicans want to do this in another place.

>> finally, what do you do if attacks are working? you air more of them. that is what the campaign is doing in a new add this morning that focuses on romney 's business background.

>> what a president believes matters. mitt romney 's companies were pioneers in outsourcing u.s. jobs to low wage countries. he supports tax breaks for companies that shift jobs overseas. president obama believes in insourcing. he fought to save the u.s. auto industry and favors companies that bring jobs home. outsourcing versus insourcing. it matters.

>> that ad is airing in the same nine states where the president has been advertising. the obama campaign is spending $5.3 million on the air in several states this month.

>> the reason for the spending spike look no further than the sunshine state . ohio and colorado round out the top four places where they are spending. the romney campaign is still not advertising in. we