Manuel Balce Ceneta/AP Photo

Rep. Ron Paul, R-Texas, has come out swinging with two new ads that are part of a two-week multi-million dollar advertising bliz to introduce the presidential candidate to voters in the early-voting states of Iowa, New Hampshire, South Carolina and Nevada.

The first is a 30 second spot called   “Plan,” which rolls out Paul’s newly revealed economic blueprint.

Paul’s plan would cut 1  trillion from the federal budget by eliminating five cabinet level departments and ending all foreign wars and aid.

The second is a 60-second spot dubbed “Consistent,” which blasts Mitt Romney, Rick Perry  and, for the first time, Herman Cain for supporting the government’s Troubled Asset Relief Program, or TARP.

The ad then shows Paul’s steadfast stand against any government bailout.

“I’ve been talking about these issues for a long, long time – we are bankrupt and we must decide which way we are going to go,” Paul says  in the ad.

The two new ads are the latest in the Paul campaign’s media kick in the early voting states — other ads have showcased his anti-abortion rights views and his position on national defense.

The Paul campaign is flexing some of its multi-million dollar war chest. Paul raised more than $8 million last quarter, and the campaign reported over the weekend that it still had $3.5 million on hand.

The Paul campaign announced late last night that it had raised $2 million as part of its latest “money bomb,” or online fundraiser.