As you probably know, the president can not raise taxes- only Congress can do that.
However, Bush did approve a tax increase because the government needed more money in order to pay its bills, and Bush decided the tax increase was better for the country than the alternatives of cuttng needed programs or increasing the national debt by borrowing more money.
Military Expenses
((apex)) Economic hardship in the United States or The budget deficit
George H. W. Bush promised not to raise taxes but conditions made that impossible.
economic hardship in the united states
"It's the economy, stupid!" (Bill Clinton)
he wanted to
He famously said "read my lips: no new taxes," and then later raised taxes.
As you probably know, the president can not raise taxes- only Congress can do that. However, Bush did approve a tax increase because the government needed more money in order to pay its bills, and Bush decided the tax increase was better for the country than the alternatives of cuttng needed programs or increasing the national debt by borrowing more money.
The US has had two Presidents named George Bush, those being George H.W. Bush and George W. Bush. So you should state which one you are asking about (although they both made similar promises, as indeed all Presidents do, to solve the problems of America).
- A recession- Bush's infamous campaign promise of "Read my lips: No new taxes!". After the recession broke out, Bush agreed to raise taxes.
not to raise taxes
broke his promise and increased taxes