The Corner

A Pledge or Just a Preference?

According to The Daily Beast:

Remember President Obama’s supposedly inviolable pledge — repeatedly uttered during the 2008 campaign and at countless town meetings since the inauguration — that he would never raise taxes on middle-class citizens who earn $250,000 a year or less?

This morning at a Manhattan breakfast sponsored by Thomson Reuters, White House Budget Director Peter Orszag threw that pledge out the window. Instead, he described Obama’s “read my lips, no new taxes” pledge as a “stance” and a “preference” that is subject to study by the president’s newly-formed bipartisan Commission on Fiscal Responsibility.

“The president has been very clear about what he prefers,” Orszag said under questioning from Thomson Reuters’ Chrystia Freeland.

Here is a little reminder for Orszag:

Seriously. Or is Mr. Orszag willing to say that the president’s campaign promises were just campaign talking points and nothing more?

Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University.
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