President Obama talks a good game on fiscal responsibility, but hasn't followed through, House Republicans charge in a new video.

The National Republican Congressional Committee (NRCC) released a new web video on Thursday cutting up many of Obama's videos and speeches, highlighting many of his tough words on cutting spending and balancing the budget.

But Obama is "All talk, no action," the ad charges.

The video means to advance a new narrative that Republicans seem to be using recently, one that casts Obama as either unwilling or unable to follow through on his fiscally hawkish rhetoric.

The line of attack mirrors the rhetoric used by GOP leaders on Capitol Hill against the president and congressional Democrats.

"Talk is cheap. Actions speak louder than words," House Speaker John Boehner (R-Ohio) said of the president's leadership on the deficit earlier this week on CNBC. "I haven't seen any new actions yet."