Remember President Obama’s supposedly inviolable pledge—repeatedly uttered during the 2008 campaign and at countless town meetings since the inauguration—that he would never raise taxes on middle-class citizens who earn $250,000 a year or less?
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.
Thank God for YouTube, because I’m pretty sure I remember Obama traipsing around the country for two years telling everyone within hearing distance that no one making under $250,000 a year was going to see a tax increase. And I don’t remember it as a suggestion, or a “preference”, but as a firm pledge – a solemn vow that he repeated over and over and over again, ad nauseaam. I say ad nauseam because it was making me physically ill that there were actually people out there who believed him.
A Dem Socialist was going to cut spending and lower taxes. Uh huh. Good God, people.
Here he was- doing what he does best:
I wonder if the Orszag comments are on tape. Because all those clips would belong on one video.
Hat tip: Weasel Zippers

















May, 13, 2010 at 7:43 am
[...] Deb: Peter Orszag: Obama’s Repeated Tax Pledge Was Not a Promise But a “Preference” and Tingles Begs Republican Pols To Go On Hardball And Denounce Rush [...]
May, 13, 2010 at 8:36 am
By not extending the “Bush Tax Cuts” is the same as raising taxes. That and any new Taxes will hurt the poor and middle class.