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Obama campaign releases ad attacking Paul Ryan

It didn't take very long for the Obama campaign to dub the Romney-Ryan ticket as The Go Back Team and release a video ad about Mitt Romney's announcement that Rep. Paul Ryan was his vice president pick.

The video, which includes an audio snippet from The Ed Show, attacks Ryan's budget plan and Romney's embrace of it.  

As President Obama exited the White House today for a helicopter ride to Joint Base Andrews, he ignored reporters who tried to get him to weigh in on Romney's choice of Ryan.

But Obama campaign manager Jim Messina released the following statement:

"In naming Congressman Paul Ryan, Mitt Romney has chosen a leader of the House Republicans who shares his commitment to the flawed theory that new budget-busting tax cuts for the wealthy, while placing greater burdens on the middle class and seniors, will somehow deliver a stronger economy. The architect of the radical Republican House budget, Ryan, like Romney, proposed an additional $250,000 tax cut for millionaires, and deep cuts in education from Head Start to college aid. His plan also would end Medicare as we know it by turning it into a voucher system, shifting thousands of dollars in health care costs to seniors. As a member of Congress, Ryan rubber-stamped the reckless Bush economic policies that exploded our deficit and crashed our economy. Now the Romney-Ryan ticket would take us back by repeating the same, catastrophic mistakes."