WASHINGTON (AP) — President Barack Obama’s treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
As the White House sought to balance campaign rhetoric with governing, officials appeared willing to extend unemployment benefits. With former Federal Reserve Chairman Alan Greenspan saying he is “pretty sure we’ve already seen the bottom” of the recession, Obama aides sought to defend the economic stimulus and calm a jittery public.
Treasury Secretary Timothy Geithner and National Economic Council Director Larry Summers both sidestepped questions on Obama’s intentions about taxes. Geithner said the White House was not ready to rule out a tax hike to lower the federal deficit; Summers said Obama’s proposed health care overhaul needs funding from somewhere.
“There is a lot that can happen over time,” Summers said, adding that the administration believes “it is never a good idea to absolutely rule things out, no matter what.”
How do you know any SocDem or RINO is lying? Their lips are moving.
Same when Obambam promised not to raise taxes on the middle-class.
#1-Define “middle-class”.
#2-Put that in writing.
B Woodman
III
This is an early admission indeed.
Remember George H.W. Bush? “Read my lips. No new taxes.”
When he contradicted that statement while in the Oval Office, he lost the next election.
I hope that history plays out the same way for BHO!
So Obama was a typical lying politician whose only difference is that his lies are bigger ones. I think we all knew that.
B Woodman III: precisely; what IS his definition of “middle class”?
AOW: wouldn’t that be nice?
Shop: Conservatives knew that.
BZ
BZ, do you want the address of my friend in Romania who can “Take Care” of the adbots that post? An Idiot did that one time on my blog and their website crashed the next day. Have not had a problem since………
Don’t you hate it when you watch Obama lying and you know the truth and all the idiots around you call you an extremist and that Obama isn’t lying. Then THEY FIND OUT HE LIED, and some peoples’ eyes are opened and some keep believing him that they had to raise taxes on everyone because the economy is in worse shape than they planned on it being during the campaign.
Here is what I am frustrated with..The people on the right who didn’t vote to ‘punish’ the GOP and those in the middle who foolishly bought into all the crap being fed to them that Obama is a moderate and those of us on the right calling him a marxist and socialist are nuts.
They deserve everything they get for being so stupid.
CB: thanks, I just took it out myself.
Rivka: what you get when you “go along” is “hosed.” THAT’s what you get.
BZ
I would much rather have a prostate exam…
White House Says No New Taxes for Middle Class.
http://www.foxnews.com/politics/2009/08/03/white-house-obama-committed-shielding-middle-class-tax-hike/?test=latestnews
This from The Holy Bible of Conservative News, Fox News.
If he is going to have to break campaign promises, how about breaking the ones that were and still are frigging STUPID? How about no healthcare reform this year? How about no tax and trade this year? How about don’t close Gitmo this year? How about deporting at least 10 million government tit-sucking illegal aliens THIS YEAR?
How about admitting that you are a scum-sucking piece of shit that has no clue what to do next and resign????
Ranando: “Our Hero” says no new taxes. However, Geithner says “gird thy loins, America.”
I think I know which one to believe.
AA: that would be too good to be true. It’s “Legacy.”
BZ
I hope they do it. People will hate it and common sense will make some headway. Honestly, I want him to break every single promise he ever made. He is well on his way. I see this as a good thing. Let’s get him out the door and all his Czars with him.