Today Americans for Prosperity (AFP), the nation's largest advocate for economic freedom, held a conference at the National Press Club announcing the release of a $6.1 million ad buy. The new ad is launching along with nationwide grassroots action that holds President Obama accountable for his wasteful use of taxpayer dollars.

Titled "Wasteful Spending," the ad highlights billions of stimulus dollars that were given to foreign companies, mostly to subsidize their own green energy projects.

CLICK HERE to watch the new ad!

"The Obama Administration continues to waste our tax dollars trying to pick winners and losers. This leads to overspending, no new job creation, and inevitably creates government cronyism," said AFP President Tim Phillips. "The President wasted some $530 million on Solyndra, but now we're finding billions more given to 'green energy' companies overseas. The American people deserve to know the disturbing details of how their tax dollars are being wasted in pursuit of an ideological agenda."

Over the next two weeks, the ad will air in the following eight states: Colorado, Florida, Iowa, Michigan, Nevada, New Mexico, Ohio, and Virginia. As the ad kicks off, AFP will launch a tour featuring rallies and educational townhalls throughout the country.

"This ad is not a one-time event - it's one piece of a comprehensive public education and grassroots advocacy effort," said AFP President Tim Phillips. "Politicians who oppose fiscal accountability, job creation, and commonsense energy solutions should take notice, because taxpayers certainly will."

In the past, AFP has focused on President Obama's willingness to risk taxpayer dollars in other green energy schemes. The group launched two ads focused on the Solyndra failure, dedicating $6.5 million combined. At $6.1 million, this latest effort is the largest to date.

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