Vowing to vote against an increase of the debt ceiling, Republican presidential candidate Michelle Bachmann released her first television ad Thursday, which will begin airing in Iowa.

The 30-second spot titled “Waterloo” touts the Minnesota congresswoman’s staunch conservatism and Iowa roots. It features Bachmann talking straight into the camera, telling voters about her family values and fiscal policies.

“I will not vote to increase the debt ceiling,” she says.

Check it out:

A week ago, Democratic Congressman John Yarmuth told local observers he would support Bachmann in the GOP primary because it would result in a 50-state victory for President Barack Obama in the general election.