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Read His Lips: Does Tax Pledge Put Obama on Shaky Ground?


US Politics & Gov't  (tags: Government, Obama, politics, taxes, promises, republicans, democrats, economy, Heath Care Reform )

Dee
- 148 days ago - cnn.com
That famous phrase from George H.W. Bush came as he accepted his party's presidential nomination at the Republican National Committee convention in 1988.
Comments

Dee C. (528)
Tuesday August 4, 2009, 10:33 am
" At the time, it was exactly the red meat Republicans were looking for. But campaigning and governing are two very different things.

Bush was elected as the nation was slipping into a recession. When confronted with a growing national deficit, he had to find a source of revenue.

That revenue came in the way of raising taxes, a move that especially rankled members of the GOP and became an issue for Democrats to run on in 1992. Democrat Bill Clinton was swept into the White House.

Pushing forward to 2009, another president may have trekked onto the same territory."

Read more at site..
 

Blue Bunting (855)
Monday August 10, 2009, 4:30 pm
A new group of upper-income earners calling itself Wealth for the Common Good is launching a public campaign calling for a rollback of the Bush tax cuts on the highest tax bracket. The group says that rather than waiting for the tax cuts to expire in 2011, that Congress should repeal them now.
 
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