• Video
  • Shop
  • Culture
  • Family
  • Wellness
  • Food
  • Living
  • Style
  • Travel
  • News
  • Book Club
  • Newsletter
  • Privacy Policy
  • Your US State Privacy Rights
  • Children's Online Privacy Policy
  • Interest-Based Ads
  • Terms of Use
  • Do Not Sell My Info
  • Contact Us
  • © 2026 ABC News
NaN:NaN
  • otus
  • July 13, 2012

AC

Former President George H.W. Bush, who famously said " Read my lips: no new taxes" at the 1988 Republican National Convention before going on to raise taxes during his presidency, does not think highly of pledges that keep lawmakers from hiking rates. In a forthcoming interview with PARADE Magazine, the elder Bush knocks American Tax Reform President Grover Norquist, whose organization has convinced hundreds of policymakers and candidates to sign a pledge promising never to raise rates. From the magazine: During your presidency you gave in on your "no new taxes" pledge. You've been vindicated in many respects for that decision. I wonder how you view the "no new tax" pledge from Grover Norquist that seems to be requisite for GOP political candidates. GB: The rigidity of those pledges is something I don't like. The circumstances change and you can't be wedded to some formula by Grover Norquist. It's—who the hell is Grover Norquist, anyway? ...

Up Next in news

VIDEO: NASA unveils Artemis III crew

NASA unveils Artemis III crew

June 10, 2026
VIDEO: Flash flood threat as dangerous weather on the move

Flash flood threat as dangerous weather on the move

June 9, 2026
VIDEO: Fashion mogul’s son arrested in father’s fatal fall

Fashion mogul’s son arrested in father’s fatal fall

May 20, 2026

The latest lifestyle and entertainment news and inspiration for how to live your best life - all from Good Morning America.
  • Contests
  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Info
  • Children’s Online Privacy Policy
  • Advertise with us
  • Your US State Privacy Rights
  • Interest-Based Ads
  • About Nielsen Measurement
  • Press
  • Feedback
  • Shop FAQs
  • ABC News
  • ABC
  • All Videos
  • All Topics
  • Sitemap

© 2026 ABC News
  • Privacy Policy— 
  • Your US State Privacy Rights— 
  • Children's Online Privacy Policy— 
  • Interest-Based Ads— 
  • Terms of Use— 
  • Do Not Sell My Info— 
  • Contact Us— 

© 2026 ABC News