The Washington Post is reporting that the McCain camp is ready to release a new ad called "Passed Over" which is in support of Hillary Clinton voters against Barack Obama.

Update: Here is the video

From WAPO Here is the text of the ad.

McCain Tries to Rile Up Clinton Voters Against Obama
By Michael D. Shear
SEDONA, Ariz. -- A new television ad by Sen. John McCain aims to tap into anger at Sen. Barack Obama among the legions of Hillary Clinton supporters by suggesting that the Democratic nominee dissed his one-time rival.

Erasing any doubt that McCain has his sights set on Clinton voters, the new ad uses Clinton's own words to suggest that Obama passed her over because of the tough campaign she waged. The ad is titled "Passed Over."

"She won millions of votes. But isn't on his ticket," an announcer says. "Why? For speaking the truth."

The ad then shows Clinton criticizing Obama for speaking generalities ("You never hear the specifics); for his connections to Tony Rezko ("We still don't have a lot of answers."); and for being too negative

The announcer comes back on. "The truth hurt. And Obama didn't like it."

The idea is to portray Obama as a petulant and angry rival who refused to consider Clinton as a running mate because of his anger over her comments. And to tap into Clinton supporters who just might vote for McCain.

Clinton spokesperson Kathleen Strand wasn't buying it. "Hillary Clinton's support of Barack Obama is pretty clear," she said in an e-mail. "She has said repeatedly that Barack Obama and she share a commitment to changing the direction of the country, getting us out of Iraq, and expanding access to health care. John McCain doesn't. It's interesting how those remarks didn't make it into his ad."

The ad was supposed to be embargoed until 3 a.m., though the script leaked out before then.

What's the significance of that time? Well, the campaign's not saying. But it's not hard to imagine that the 3 a.m. time was meant to be an inside joke referring to Clinton's famous ad, which asked the question about who voters want answering the phone in the White House at 3 a.m.

The full text of the ad is below:

Script For "Passed Over" (TV :30)
ANNCR: She won millions of votes.
But isn't on his ticket.
Why?
For speaking the truth.
On his plans:

HILLARY CLINTON: "You never hear the specifics."

ANNCR: On the Rezko scandal:

HILLARY CLINTON: "We still don't have a lot of answers about Senator
Obama."

ANNCR: On his attacks:

HILLARY CLINTON: "Senator Obama's campaign has become increasingly
negative."

ANNCR: The truth hurt.
And Obama didn't like it.

JOHN MCCAIN: I'm John McCain and I approved this message.