The President's sleight of hand

caught by Senator Corker (via Glenn Reynolds):

President Obama promised a middle class tax cut but what he didn’t tell us was that he would pay for it with a climate tax,” said Corker. “His budget will generate $645 billion through a climate tax and use that revenue to fund various programs outlined in budget. I guess his claim on Tuesday night that no one earning under $250,000 would pay more in taxes did not apply to this massive climate tax increase all Americans will pay.