Unless something is done pretty quickly; Obama is set to break yet another, and by far the biggest promise he made to the American people.

At the end of the year the Bush Tax Cuts expire and it is the least able among us who will pay the highest percentage. Lower income people in the 10% bracket will see their federal taxes increase by 50% to 15%.

Obama pledged he would end these tax cuts, but promised he would retain them for individuals earning $200,000 or less, and couples earning $250,000 or less. Yet there is no talk of fixing this in the news that I've seen.

Remember Congress doesn't have to do anything for these tax cuts to sunset and expire. They have to do something to continue them in any aspect.

What's been Obama's record thus far in keeping his promises?

I think we're in for yet another letdown and for another economic nosedive.

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