“George H. W. Bush had the courage, knowing it might cost him re-election, knowing for sure it would cost him support with his conservative base, to violate the central domestic policy pledge of his campaign, ‘read my lips, no new taxes.’...There are some people now saying that we need a moment like that and that the Republicans should give President Obama some tax increases as long as they get from him significant spending cuts and a big deficit reduction package. Should the Republicans learn from George H.W. Bush and sit down with the President and cut a deal?”
— CNN’s John King to Dick Cheney on John King USA, September 22.