Sunday, August 2, 2009


Tim Geithner reminded us again this morning that each of the President's promises comes with an expiration date.
To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, "We’re going to have to do what’s necessary.”

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.

With this news, I harken back to the old 3BP video that accumulated almost 12,000 hits a couple months ago.

Told ya so.

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