President Obama’s re-election campaign on Monday launched a pre-emptive strike ahead of Republican presidential candidate Mitt Romney’s planned foreign policy address, arguing that Mr. Romney has failed the the commander-in-chief test on the global stage — in part by staking out positions to the right of former President George W. Bush.

The Obama camp released a new television advertisement and issued a memo on Monday criticizing Mr. Romney’s bumpy overseas trip this summer as well as his response to the assaults on the U.S. diplomatic post in Libya— highlighting how a national security adviser to GOP Sen. John McCain’s 2008 presidential campaign called Mr. Romney’s stance on Libya the “the worst possible reaction.”

Mr. Romney is set to give a broad-scale attack on Mr. Obama’s handling of foreign policy and national security issues in a speech this morning here at the Virginia Military Institute.

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