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George H.W
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671 views8likes52FtdFactsOriginal Release: 2026-05-20

George H.W. Bush made a famous campaign promise during his 1988 Republican National Convention speech, declaring 'Read my lips, no new taxes,' which became the core promise of his entire campaign. However, in 1990, facing a budget crisis, he signed a deficit reduction deal that included tax increases on luxury items and other revenues. This broken promise led to widespread voter betrayal and is widely considered by historians to have cost him the 1992 re-election, making it one of the most infamous political pledges in US history.

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