Mitt Romney's campaign pushed its Medicare attack in a new Spanish language television ad released Wednesday.

The ad, "Yo Pagué," is a Spanish version of a spot it released last month, "Paid in," which makes the widely-criticized claim that the president cut more than $700 billion from Medicare in his health care reform.

"For years, we have paid into Medicare with our work. Now, when we need it, Obama has cut $716 billion dollars from Medicare to pay for Obamacare," says the narrator in the commercial. "The money we have paid to guarantee our health care will be used for a new program that's not for us. Romney's plan protects Medicare benefits for today's seniors and strengthens it for future generations."

Independent fact-checkers and numerous news outlets have labeled the Medicare claim as misleading, saying the $700 billion refers to an expected decrease in spending--not a cut to the program.

When Romney's team released the English version last month, Obama's campaign called the ad "dishonest and hypocritical."

"The savings his ad attacks do not cut a single guaranteed Medicare benefit, and Mitt Romney embraced the very same savings when he promised he'd sign Paul Ryan's budget," said Obama campaign spokeswoman Lis Smith.