Barack Obama's Phony Mandate
Let me see if I have this right. Earlier this year, while campaigning for re-election, Barack Obama said he wanted to raise taxes $800 billion on everyone making more than $250,000 a year. Republicans were virtually unanimous in shouting, “No way!”
Then what happened when the Spender in Chief wins the White House for another four years? He promptly doubled down. Now, he says he wants $1.6 trillion in new taxes over the next 10 years. And our “don’t call my bluff” President made it abundantly clear that he’ll play hardball to get it.
Treasury Secretary Timothy Geithner, who is serving as Obama’s messenger boy to Capitol Hill, declared flatly on Meet the Press December 2: “There’s no path to an agreement that does not involve Republicans acknowledging that rates have to go up on the wealthiest Americans.”