Monday, August 3, 2009

Taxes?

Obama Officials Don't Dismiss Possibility of New Taxes
Obama may have to break his campaign pledge and raise taxes on middle-class Americans to pay for public health care and the growing deficit.
FOXNews.com
Monday, August 03, 2009
President Obama may have to break his campaign pledge and raise taxes on middle-class Americans to pay for public health care and the growing deficit, an eventuality that administration officials touched lightly on Sunday as they promoted an economy emerging from recession.
With an expected deficit next year of $1.8 trillion, and spending still being planned for a $1 trillion, 10-year health care reform, officials say something will have to be done to prevent further erosion of the economy.
"We will not get this economy back on track, recovery will be not strong and sustained, unless we ... can convince the American people that we're going to have the will to bring these deficits down once recovery is firmly established," Treasury Secretary Tim Geithner said on ABC's "This Week."
Asked point blank whether it was right to suggest it is a matter of when, not if, taxes will be raised, Geithner responded, "It is absolutely right."
When are we going to wake up and see that President Obama is filled with nothing but lies and he really doesn't know what he's doing. He is bankrupting America and wants us to pay for it...

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