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	<title>San Antonio Tea Party &#187; Tim Geithner</title>
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		<title>Obama Officials Don&#8217;t Dismiss Possibility of New Taxes</title>
		<link>http://www.sanantonioteaparty.us/93/obama-officials-dont-dismiss-possibility-of-new-taxes/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=obama-officials-dont-dismiss-possibility-of-new-taxes</link>
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		<pubDate>Mon, 03 Aug 2009 06:13:10 +0000</pubDate>
		<dc:creator>San Antonio Tea Party</dc:creator>
				<category><![CDATA[Taxes]]></category>
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		<category><![CDATA[Tim Geithner]]></category>
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		<description><![CDATA[So did anyone actually expect Obama to keep his pledge of no taxes on the middle class?  Especially since he has already raised taxes on items like cigarettes and don&#8217;t forget the hidden tax for all the money GM and [...]]]></description>
			<content:encoded><![CDATA[<p>So did anyone actually expect Obama to keep his pledge of no taxes on the middle class?  Especially since he has already raised taxes on items like cigarettes and don&#8217;t forget the hidden tax for all the money GM and the banks have received.  Well now he&#8217;s saying that he will &#8220;possibly&#8221; have to raise taxes on the middle-class&#8230;imagine that?</p>
<p>From Fox News:  President Obama may have to break his campaign pledge and raise taxes on middle-class Americans to pay for public health care and the growing deficit, an eventuality that administration officials touched lightly on Sunday as they promoted an economy emerging from recession.</p>
<p>With an expected deficit next year of $1.8 trillion, and spending still being planned for a $1 trillion, 10-year health care reform, officials say something will have to be done to prevent further erosion of the economy.</p>
<p>&#8220;We  will not get this economy back on track, recovery will be not strong and sustained, unless we &#8230; can convince the American people that we&#8217;re going to have the will to bring these deficits down once recovery is firmly established,&#8221; Treasury Secretary Tim Geithner said on ABC&#8217;s &#8220;This Week.&#8221;</p>
<p>Asked point blank whether it was right to suggest it is a matter of when,       not if, taxes will be raised, Geithner responded, &#8220;It is absolutely right.&#8221;</p>
<p>Read the full story here. <a href="http://www.foxnews.com/politics/2009/08/02/obama-officials-end-recession-near/" target="_blank">http://www.foxnews.com/politics/2009/08/02/obama-officials-end-recession-near/</a></p>
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