http://abcnews.go.com/Politics/Econo...7166810&page=1

President Obama’s budget chief hinted Wednesday that the president’s signature campaign issue — a middle-class tax cut — will not likely survive a budget battle with Democrats on Capitol Hill.

The president stresses that despite tough times, things will improve.

On a conference call with reporters in advance of the president’s trip to the Hill to speak before the Senate Democratic caucus, Office of Management and Budget Director Peter Orszag indicated that, while 98 percent of the budget mark-ups in the House and Senate are on par with the administration’s budget blueprint, some campaign trail promises, like middle-class tax cuts, may get left on the cutting room floor.
I knew the whole "98% of Americans will get a tax-cut" thing was a bunch of bullshit. It was just his way of coming of as a fiscal conservative to entice the Reagan Democrats.