Romney touts business credentials in new ad

Mitt Romney's campaign on Monday released a new ad in Iowa, touting the former Massachusetts governor's experience as a businessman and as someone who can "stop spending more money than we take in."

In the new thirty-second spot, called "Conservative Agenda," Romney blasts President Obama's health care law and vows to make government "simpler, and smaller, and smarter."

"I am going to do something to government. I'm going to make it simpler, and smaller, and smarter," Romney says in the ad. "I'm going to get rid of Obamacare. It is a moral imperative for America to stop spending more money than we take in."

Starting Monday, the ad will run statewide in Iowa. Unlike a handful of recent ads put out in the state - some by a pro-Romney super PAC -- the ad stays positive in message and makes no mention of any other Republican candidates.