President Barack Obama's campaign on Saturday released their second television ad which argues Republican presidential nominee Mitt Romney was dishonest at Wednesday's debate and in one of his own television ads.

This ad, like one released Thursday - the day after the debate - uses footage from the faceoff between Obama and Romney.

"I'm not in favor of a $5 trillion tax cut," Romney can be seen saying on the debate stage in the spot.

Obama and Romney sparred over that point at the debate, and the campaigns have waged war over it since on the campaign trail and in statements.