It didn’t take long. . . After Mitt Romney announced Rep. Paul Ryan as his running mate, Team Obama released a new ad smearing his plan for America’s future.

Text of the ad below:

Paul Ryan is the mastermind behind the extreme GOP budget plan. It’s a plan Mitt Romney endorses.

But what does that budget mean for America? The GOP budget plan hurts seniors, it hurts middle-class families, and it hurts students. All to pay for tax cuts for those at the top..

Mitt Romney and Paul Ryan: back to the failed top-down policies that crashed our economy.