Read My Lips, Read the Ledger

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In 1990 Republican president George H.W. Bush broke his 'no new taxes' pledge to cut the deficit, most House Republicans voted against him twice, and two years later he called the deal his mistake; the government's own debt tables show what came after.

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Chapters: 0:00 Cold open 1:34 Part One 5:32 Part Two 10:23 Part Three

Short cuts

part · 102s

Most House Republicans voted against their own president.

part · 171s

Reagan promised to stop piling up deficits. Bush promised no new taxes.

part · 165s

His own statement called tax revenue increases a requirement.

part · 168s

Most House Republicans voted against their own president. Again.

part · 171s

Bush apologized for the tax increase. Never for the deficit.

aspire · 34s

For decades we have piled deficit upon deficit.

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