Super PAC Dishes Out $25 Million for Anti Obama Ads

American Crossroads, a conservative Super PAC founded by Karl Rove, tries to keep pace with Obama fundraising.

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Karl Rove, former Deputy Chief of Staff to former President George W. Bush, in San Francisco, Calif.

American Crossroads, the conservative "super PAC," has announced a $25 million ad buy for the next month.

The buy matches a $25 million TV purchase by President Obama's re-election organization, signaling that neither side is willing to surrender any territory as the campaign swings into high gear.

[Debate Club: Are Super PACs ruining U.S. Politics?]

American Crossroads is likely the political action committee most feared by the Obama campaign and the Democrats. It was co-founded by Karl Rove, who was the chief strategist for President George W. Bush, and has proven to be extremely successful at fund-raising. The group has been a key player so far, running hard-hitting anti-Obama ads on a regular basis.

Its latest effort includes an $8 million ad buy over the next month in at least 10 swing states including Colorado, Iowa, Florida, Ohio, and Virginia.

The ad argues that Obama has broken major promises, including pledges to cut the deficit and dramatically lower the unemployment rate. The tag line is, "We need solutions, not just promises."

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