The man who repeatedly promised the American people that he would never raise taxes on anyone making less than $250,000 per year is now backing away from that promise faster than a French soldier from the front line.
PolitiPage.com quotes White House Budget Director Peter Orszag as he revises Obama’s so-called vow:
This morning at a Manhattan breakfast sponsored by Thomson Reuters, White House Budget Director Peter Orszag threw that pledge out the window. Instead, he described Obama’s “read my lips, no new taxes” pledge as a “stance” and a “preference” that is subject to study by the president’s newly-formed bipartisan Commission on Fiscal Responsibility.
Ahhhh, yes. The Bipartisan Commission on Fiscal Responsbility. Or as it’s known around the Oval Office, the Bipartisan Creative Taxation Commission.
Source: PolitiPage.com