{"id":33109,"date":"2009-08-03T01:01:01","date_gmt":"2011-05-19T02:05:25","guid":{"rendered":""},"modified":"2011-05-19T02:05:25","modified_gmt":"2011-05-19T02:05:25","slug":"obama_administration_breaks_no_middle_class_tax_increase_pledge","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/08\/03\/obama_administration_breaks_no_middle_class_tax_increase_pledge\/","title":{"rendered":"Obama Administration Breaks No-Middle-Class-Tax-Increase Pledge"},"content":{"rendered":"
\n

RUSH: Throughout the campaign and even after the immaculation of President Obama, he insisted, he promised — and he made no bones about this, by the way. No bones whatsoever. It was as firm a promise as any politician\u2019s ever made, and I know we\u2019re all cynical about politician promises, but he said, ‘Nobody making under $250,000 a year would have a tax increase.\u2019 That is now off the table, and I told you last week: When Tim Geithner finished his meeting with the ChiComs and he said he assured the ChiComs we\u2019re going to get our deficit under control, I translated it for you. I said, ‘It means tax increases are coming, for everybody.\u2019 It came up on the Sunday shows. Here\u2019s first up, montage of, ‘Is the recession over or not?\u2019 The Sunday show host had a one track mind, is the recession over? And, of course, it is! Yes.<\/p>\n

BOB SCHIEFFER: (music) Today on Face the Nation: Is the recession over?<\/p>\n

DAVID GREGORY: Is the recession over? <\/p>\n

GEORGE STEPHANOPOULOS: The recession might be easing!<\/p>\n

JESSICA YELLIN: When you do you project the recession will end?<\/p>\n

CHRIS WALLCE: Isn\u2019t the recession leveling off, and doesn\u2019t President Obama deserve some credit?<\/p>\n

RUSH: All right, now, we have a situation where the press is now willing to say, the state-controlled media, that the recession is over. The only problem is, people are still losing their jobs! You cannot have a genuine, legitimate economic recovery or end of a recession if there aren\u2019t jobs being created. Here\u2019s Geithner and your middle class tax increase coming up. Stephanopoulos says, ‘Revenues are on the table as well here?\u2019<\/p>\n

GEITHNER: Again, we\u2019re not at the point yet where we\u2019re going to make a judgment about what it\u2019s going to take, but the important thing — <\/p>\n

STEPHANOPOULOS: But you\u2019re not ruling it out. You can\u2019t rule it out!<\/p>\n

GEITHNER: Well, uh, I think what the country needs to do is understand we\u2019re going to have to do whatever it takes. We\u2019re going to do what\u2019s necessary.<\/p>\n

RUSH: You\u2019re just being told to wave good-bye to that promise that you\u2019re not going to have a tax increase if you earn less than $250,000 a year, and he said in this interview: We have no choice. We have no choice. The country needs to understand we\u2019re going to have to do what it takes. Bob Schieffer talking to Larry Summers: ‘You don\u2019t see another round of tax increases coming? No tax increases for middle-income Americans?\u2019<\/p>\n

SUMMERS: There\u2019s a lot that can happen, uhh, over time, but the priority right now — and so it\u2019s never a good idea to absolutely rule things out no matter what.<\/p>\n

RUSH: They already did rule it out! Obama already did rule it out. So here you have two officials of the Obama administration virtually promising you that your taxes are going up.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: They just had something very interesting happen at the White House. Robert Gibbs just threw Geithner and Summers under the bus at the White House briefing on the so-called tax increase on people who earn less than $250,000. Here\u2019s Gibbs being grilled. First unidentified reporter: ‘Why didn\u2019t Secretary Geithner and Dr. Summers say that they would not raise taxes on those families?\u2019<\/p>\n

GIBBS (sped up): I did not watch the shows. I read some of the transcripts. I think they allowed themselves to get into a little bit of a hypothetical back-and-forth.<\/p>\n

RUSH: Jake Tapper follows up. He says, ‘Look, if economists — including the president\u2019s own economists — don\u2019t necessarily think that it\u2019s possible to do so without raising taxes on the middle class, how is that dealing candidly with the American people?\u2019<\/p>\n

GIBBS (sped up): Again, Jake, there are a series of thing that have to be done. I think you\u2019ll actually hear an announcement from Treasury later this afternoon about how much money has to be borrowed versus what they thought was gonna have to be borrowed and what will have to be borrowed as a result of financial stabilization, in terms of cutting the amount of money that\u2019s needed. Uhhhh… Again, I think the president has been clear on this.<\/p>\n

RUSH: The president has been clear? Now, the administration\u2019s not being clear. Well, here. Let\u2019s listen to the final bite. This is where he throws them under the bus. Another unidentified reporter: ‘Did Geithner and Summers go off script or were they testing the temperature on it?\u2019<\/p>\n

GIBBS: I don\u2019t… I — I — I — (pause) I — I know the president\u2019s been clear about his commitment on it.<\/p>\n

REPORTER: So there\u2019s no real scenario there where middle class taxpayers might be hit with a higher hike?<\/p>\n

GIBBS: The president\u2019s been clear. Very clear!<\/p>\n

RUSH: ‘The president has been very clear.\u2019 He didn\u2019t say yes or no. He said, ‘The president has been very clear. The president has been very clear.\u2019 But whether they\u2019re going to raise taxes on people, they already have, with the tobacco taxes and all the fat taxes that are coming. Everybody\u2019s going to get soaked tax-wise. Property taxes are going up; income taxes in the states are going up. So you\u2019re asking yourself, ‘Who do I believe here? Do I believe Gibbs or do I believe Geithner? Do I believe Summers? Do I believe Obama? Who do I believe?\u2019 You believe me. If you make a choice here that you\u2019re going to believe Obama, you\u2019ve got all kinds of conflicting Obamas out there over the years. If you want to believe Geithner, then you hear Gibbs say, ‘There\u2019s going to be a statement coming out of Treasury this afternoon.\u2019<\/p>\n

That means Obama\u2019s livid here that his cover has been blown. There\u2019s no question he\u2019s going to raise taxes on people. How else do you take away their power? You take away disposable income, take away purchasing power, and you have the ability to control people even more and make them more dependent on whatever you want to transfer to them or give them. You want to believe Summers? I mean they\u2019re both out there saying, ‘Yeah, we\u2019re going to have to relook at this.\u2019 Now, Geithner is saying what he\u2019s saying for the ChiComs. And I will guarantee you that what you\u2019re not hearing… I\u2019ll bet this was not asked at the White House press briefing. But I\u2019m sure that Geithner did not go off script, and I\u2019m sure that Summers did not go off script, because this is not about you. <\/p>\n

It\u2019s about the Chinese. It\u2019s about our debt, and we\u2019re having trouble selling it. People are becoming less trustful of the United States as an institution in which to invest. Because of the irresponsible way the economy is being run. That\u2019s why they have to act like they\u2019re concerned about revenues. So Geithner and Summers, their audience was the ChiComs. Today they knew full well the press was going to say, ‘What? What? What? What?\u2019 ‘Well, the president\u2019s been very clear.\u2019 What they\u2019re relying on is you trust Obama. He is The One. And these two little pointy headed elites that went out there? ‘Ah, they\u2019re just underlings! We\u2019ll throw \u2019em under the bus.\u2019 The real audience is the ChiComs and the Chinese are not happy, and they are being assured we\u2019re going to be doing something about the deficits — and that means raising taxes. It won\u2019t do anything about the deficit, it\u2019s going to make it worse, but it was just the way the left thinks. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Throughout the campaign and even after the immaculation of President Obama, he insisted, he promised — and he made no bones about this, by the way. No bones whatsoever. It was as firm a promise as any politician\u2019s ever made, and I know we\u2019re all cynical about politician promises, but he said, ‘Nobody making […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nObama Administration Breaks No-Middle-Class-Tax-Increase Pledge - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/08\/03\/obama_administration_breaks_no_middle_class_tax_increase_pledge\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama Administration Breaks No-Middle-Class-Tax-Increase Pledge - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Throughout the campaign and even after the immaculation of President Obama, he insisted, he promised — and he made no bones about this, by the way. 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