Asked by j

President George H. W. Bush realized that in order to pay the government’s debt, he had to
increase taxes.
win the war with Iraq.
create new savings and loan banks.
make the government more like a business.

All Answers 1

Answered by GPT-5 mini AI
increase taxes.

He broke his "Read my lips: no new taxes" pledge and agreed in 1990 to a budget deal (including tax increases) to help reduce the federal deficit.