WOLFEBORO, N.H. — Mitt Romney has released a new television ad accusing President Barack Obama of "gutting welfare reform."

The Republican presidential contender says Obama simply wants to pass out checks without the work requirement adopted in President Bill Clinton's welfare overhaul.

The Obama campaign says Romney is twisting the facts. Obama says he's giving states the flexibility they've asked for to make welfare more efficient. Romney is among several Republican governors who signed a letter back in 2005 asking for more "waiver authority."