President Barack Obama hinted Wednesday that a new value-added tax on Americans is still on the table, appearing more open to the idea than his aides have expressed in the last week. Obama said in an interview with CNBC regarding dealing with the deficit and the economy, "I want to get a better picture of what our options are." After Obama adviser Paul Volcker recently raised the prospect of a value-added tax, or VAT, the Senate voted 85-13 last week for a nonbinding "sense of the Senate" resolution that calls the such a tax "a massive tax increase that will cripple families on fixed income and only further push back America's economic recovery." Somehow the Senate managed to overlook the fact that all the countries of Europe that were only minimally impacted by the Great Crash of the past few years have VATs that have been keeping their economies afloat. The simple reality is that most Americans have no idea what a VAT tax is, and that's apparently true of members of the Senate as well.