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U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages
#39
Hoot Gibson Wrote:Bush's decision to renege on his "read my lips, no new taxes" is what cost him a second term.

Do you think he wanted to raise taxes? By the time his administration cleaned up the Savings and Loan bailout that Reagan had kicked down the road and sorted out a huge federal deficit handed down by Reagan he was up a creek. Also fought a war...

That event may have been the most damaging to American politics, because no Republican will ever raise taxes even if Dems are ready to compromise and cut.
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U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages - by Cardfan1 - 08-04-2020, 02:18 AM

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