Obviously nothing is anywhere near passing, but what you are talking about is something Republicans want called chained CPI.<quoted text>
RealDave . Barack Obama famously promised the American people, "I can make a firm pledge. Under my plan no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
Last Friday, April 5, White House spokesman Jay Carney confirmed at a press briefing that Barack Obamas budget would raise taxes on middle class Americans!! Dave are you calling Carney a Liar?
As usual, you try to play "gotcha" without a functioning brain.
The transcript from the exchange is as follows:
MAJOR GARRETT, CBS NEWS/NATIONAL JOURNAL:A follow-up on Jims question you do not and the White House does not dispute that if the chained CPI were put in to be put into effect, it would raise taxes on middle-income Americans?
JAY CARNEY: The chained CPI, which is a technical adjustment to how we measure the consumer price index
GARRETT: But its practical effect would be
GARRETT: to raise taxes on
MR. CARNEY: Im not disputing that, but Im saying that it is not the Presidents ideal policy. It is in a letter from the Senate Minority Leader requesting that it be part of a negotiation deal.
GARRETT: All right, Im just saying you dont disagree, that those things happen?
CARNEY: Right, but Major, and
GARRETT: a tax increase?
CARNEY: lets be clear, as weve said all along, that the offer was on the table. The President made that offer because he was hopeful that we would see commensurate willingness to compromise from Republicans. Unfortunately, we havent seen that.
The President is engaged in conversations with Republicans in the Senate in particular but also in the House in an effort to find common ground, to see if there is a willingness to embrace the idea that we can reduce our deficits in a balanced way and continue to invest in our economy and middle-class families. And if there is, then well be able to get something done.
GARRETT: And to critics who would say to this President, looking at this proposal, this is the last and possibly worst time from their point of view to raise taxes on the middle class, inflict benefit cuts on elderly on fixed incomes, even in the pursuit of deficit reduction, the President would say what?
CARNEY: The President would say that as part of a balanced approach that asks the wealthy and well-to-do and well-connected to contribute their fair share through tax reform, elimination of special tax breaks that average folks dont get, that we can also include entitlement reforms that allow us to achieve deficit reduction in a balanced way and allow us to continue to invest in our economy in ways that will help it grow and create jobs.