On the campaign trial, Obama repeatedly made the promise that nobody making less than $250,ooo would see their taxes go up “a single dime.” Now he’s backing off the promise. Shocka.
President Obama says he will be “agnostic” about whatever his reduce-the-federal-debt commission recommends — including the idea of higher taxes for households making less than $250,000 a year.
“What I want to do is to be completely agnostic in terms of solutions,” Obama told Bloomberg Business Week in interview excerpts released today. “I want everybody to sit down and work off of a common base of facts.”
The question dealt specifically with households making less than $250,000; Obama promised during his presidential campaign not to raise taxes on that group.
Read my lips, Barry: YOU LIE!