Today, Obama Will Call For Increasing Taxes On The American People. “A White House spokeswoman, Amy Brundage, sought to raise pressure on Republicans, while sticking with the administration’s $250,000 threshold. ‘The president has been clear that Congress must extend the tax rates for all families making less than $250,000 a year and let the rates for the very wealthiest expire at the end of the year,’ Ms. Brundage said.” (John D. McKinnon, “Pelosi Pushes Tax Hike For Those Making $1 Million Or More,” The Wall Street Journal , 5/23/12)

FLASHBACK - President Obama In 2009: “The Last Thing You Want To Do Is Raise Taxes In The Middle Of A Recession.” 

FLASHBACK – Vice President Biden In 2012: “It’s A Depression For Millions And Millions Of Americans.”