New GOP ad: "We're going in the wrong direction"

Republican vice presidential nominee Rep. Paul Ryan, of Wisconsin, makes a point to Vice President Joe Biden during the vice presidential debate at Centre College, Thursday, Oct. 11, 2012, in Danville, Ky. AP Photo/Eric Gay

In a new television advertisement taken entirely from last week's vice presidential debate, vice presidential nominee Paul Ryan promises to reduce government spending.

In an election predominantly focused on jobs, the Romney campaign uses the ad, titled "Fiscal Discipline," in the final weeks of the campaign to highlight another aspect of the economy: government spending.

"We can't keep spending and borrowing like this. We can't just keep spending money we don't have," Ryan says in the ad. "[D]id they come in and inherit a tough situation? Absolutely. But we're going in the wrong direction! Look at where we are. The economy is barely limping along."

"Leaders run to problems to fix problems," Ryan says in another clip. "Mitt Romney is uniquely qualified to fix these problems."

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    Leigh Ann Caldwell is a political reporter for CBSNews.com.

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