Tax Hikes Are Coming
Obama Lied Again Now Groundwork To Avoid Blame
The White House has begun the groundwork to avoid blame for tax increases. Barack Hussein Obama has indicated that tax increases on people who make less than $250,000 a year will be on the table when a deficit commission makes its recommendations later this year on how to resolve the nation’s fiscal imbalances. 'Everything’s on the table. That’s how this thing is going to work,' Obama said Thursday, moments after signing an executive order creating the 18-member commission.
Obama and the White House has already begun to lay the groundwork for their argument that such a recommendation by the panel should not be blamed on Obama, who vowed during his campaign not to raise taxes on Americans earning less than $250,000.
“The president will not sit on the commission and the options they present will not necessarily reflect administration policy,” said a White House spokesperson.
Conservatives, however, see the problem mostly as a spending problem, and are skeptical of the president’s commission because they believe it will inevitably lead to higher taxes. Representative Tom Price (GA-R) and head of the Republican Study Committee, called the panel “a political solution to a glaring math problem.”
“Since the president has unfairly given Democrats and liberals an over representation on the commission, the odds are high that its recommendations will be heavy on tax increases and light on spending reductions,” Price said.
“The Commission shall propose recommendations designed to balance the budget, excluding interest payments on the debt, by 2015,” reads the Obama's executive order.
"President Obama's appointed Republican chairman to the Deficit Reduction Commission has lashed out at pro-growth tax-cutters as unpatriotic. The same day President Obama called for another $50 billion to $100 billion stimulus plan (and concomitant increase in the deficit), he also appointed the chairmen of his Deficit Reduction Commission. It says a lot about Washington that almost no one got the irony of those paired announcements.
The two cochairmen will be Democrat Erskine Bowles, President Bill Clinton's former White House chief of staff, and Republican Alan Simpson, the former Wyoming Senator. Mr. Simpson was best known for being a thorn in the side of conservatives and supply-siders when he was in the Senate. 'He is a tax increaser and he's anti-immigrant,' says Grover Norquist of Americans for Tax Reform.
Larry Kudlow of CNBC's Kudlow Report is even more critical. 'Simpson's to the left of Erskine Bowles,' Mr. Kudlow scoffs. “This thing [the bipartisan deficit panel] needs to be blown up. It's an excuse to raise taxes -- when we need to be cutting tax rates.”
This panel is nothing more than a front to supposedly insulate Obama from the tax increases Obama wants on Americans. Another Obama lie.
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