Game on: Karl Rove's Crossroads hits Obama's 'fiscal cliff' dealing

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Politics,Paul Bedard,Washington Secrets

Done licking their wounds from the 2012 presidential election, Karl Rove's Crossroads GPS is turning its guns on President Obama's offer to end nation's fiscal crisis.

In one of its first moves since losing their well-financed bid to replace Obama with Mitt Romney, Crossroads GPS today began running $500,000 in ads assailing the tax-heavy plan the president put on the table--to GOP laughter.

Ironically, the new ad tells viewers, "The time for politics is over."

Crossroads GPS is the nonprofit wing of the Rove-backed group American Crossroads. Below is the Crossroads release:

Crossroads GPS Launches New TV Ad Criticizing Obama's Lack of Balance in Fiscal Cliff Talks

New spot, in $500k national cable TV buy, points out that Obama is all about tax increases - with no plans for spending cuts.

WASHINGTON - Crossroads Grassroots Policy Strategies (Crossroads GPS) today launched a new TV ad on national cable pushing back on President Obama's insistence on massive tax hikes coupled with insignificant spending cuts in the "fiscal cliff" negotiations.

The new spot will run on national cable networks - including CNN, CNBC, Fox News Channel, Fox Business Network, Headline News, and MSNBC - for one week starting Thursday in a $500,000 buy. The spot will also run on Sunday talk shows in the Washington, DC designated market area.

The spot can be viewed here: http://www.youtube.com/watch?v=u0m3JpViK8g&feature=youtu.be

"President Obama's idea of a balanced plan is that we pay more and government gets to spend more," said Crossroads GPS president and CEO Steven Law. "The White House has shown it is not serious about the debt, as it has yet to propose significant spending cuts to go along with its massive proposed tax hikes. Serious revenue concessions have been made, but Obama won't take yes for an answer."

Republicans in the U.S. House have proposed $800 billion in new revenue through reform of the tax code, which was immediately slapped down by the Obama White House. Meanwhile, Obama's primary negotiation in the deficit reduction talks included $50 billion in new spending.

Crossroads GPS is a policy and grassroots advocacy organization that is committed to educating, equipping and mobilizing millions of American citizens to take action on the critical economic and legislative issues that will shape our nation's future.