“Everything is on the table,” according to Erskine Bowles, co-chairman of President Obama’s commission on debt — meaning President Obama is open to tax hikes despite having pledged against raising taxes. On Fox News Sunday, Chris Wallace interviewed Bowles and had this exchange:
ERSKINE BOWLES, DEBT COMMISSION CO-CHAIRMAN:What I feel bound by is the president looked Senator Simpson and me in the eye and he said, everything is on the table.
Twice this month, Obama has tried to wiggle out of his unambiguously worded and absolute pledge not to raise “any form of tax” on those making less than $250,000 per year. On April 10, he said in his weekly radio address that one thing we have not done is raise income taxes on families making less than $250,000. That’s another promise we’ve kept.” But that wasn’t the promise he made.
In a speech on April 15, he more or less repeated this: “And one thing we haven’t done is raise income taxes on families making less than $250,000 a year — another promise that we kept.”
