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Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say

Americans lambasted President George H. W. Bush for infamously vowing on stage at the 1988 Republican National Convention not to raise taxes on Americans, then supporting a tax hike as president two years later.
History could repeat itself as President Donald Trump this week signaled his support for congressional Republicans raising taxes to accomplish the ambitious goals of his «big, beautiful bill,» according to experts.
«My opponent won’t rule out raising taxes, but I will. And the Congress will push me to raise taxes, and I’ll say no. And they’ll push and I’ll say no. And they’ll push again, and I’ll say to them: ‘Read my lips: no new taxes,’» then-Vice President Bush vowed at the 1988 convention, before raising taxes two years later with the Omnibus Budget Reconciliation Act of 1990.
While acknowledging the political backlash his fellow Republican faced, Trump signaled in a Truth Social post on Friday his own willingness to raise taxes on Americans, following reports confirmed by Fox News Digital that the president is considering raising the tax rate on individuals making $2.5 million or more by 2.6%, from 37% to 39.6%.
TRUMP CONSIDERS TAX HIKE ON AMERICANS MAKING $2.5 MILLION OR MORE PER YEAR
Political experts compared President Donald Trump, right, to President George H. W. Bush after Trump signaled his support for a small tax hike. (Pool/Getty Images)
«The problem with even a ‘TINY’ tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming, ‘Read my lips,’ the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election! In any event, Republicans should probably not do it, but I’m OK if they do!!!» Trump said.
WHITE HOUSE QUIETLY FLOATS MILLIONAIRE TAX HIKE PROPOSAL IN CONGRESS AS GOP LEADERS SIGNAL OPPOSITION
Ross Perot, the late billionaire Texas businessman and philanthropist, ran an independent campaign as a third-party candidate in the 1992 presidential election, winning an historic 19% of the popular vote.
As Trump suggested, the political fallout of raising taxes contributed to Bush losing re-election to President Bill Clinton in 1992. Democrats slammed Bush in campaign ads for walking back his word as conservative Republicans criticized the president for being out of step with the party’s traditional tax policies.
Former House Speaker Newt Gingrich led Republican criticism of Bush’s tax hike proposal, and Gingrich has urged Trump to stand down on raising taxes since rumors the administration was floating a small tax hike first swirled.
TRUMP’S FIRST VICE PRESIDENT URGES HIS OLD BOSS AGAINST RAISING TAXES ON WEALTHY AMERICANS
Gingrich recently told Larry Kudlow on FOX Business that Trump is a Ronald Reagan Republican, not a Bush Republican, and raising taxes would be an «act of destruction.»
«It would absolutely shatter his coalition,» Gingrich said. «It would mean the entire conservative movement would rise in rebellion, and it would mean every small business in the country would start recalculating who they are going to lay off, if they are even going to stay in business. It would make no sense at all.»

House Speaker Mike Johnson, R-La., is leading ongoing budget negotiations for Trump’s «big, beautiful bill.» (Kent Nishimura/Getty Images)
Negotiations are ongoing among House Republicans to finalize Trump’s «big, beautiful bill,» which is expected to include an extension of Trump’s 2017 tax cuts and fulfill campaign promises, including no tax on tips, overtime or Social Security.
Republican politicians and pundits have joined Gingrich’s critique of Trump’s potential tax hike, arguing Trump is repeating the same mistakes as Bush.
«[House] Speaker [Mike] Johnson and Republican members of Congress must have experienced collective déjà vu when President Trump urged Congress to raise taxes,» New England College President Wayne Lesperance, a veteran political scientist and political historian, told Fox News Digital.
«Harkening back to the infamous ‘Read my lips’ pledge made by George H. W. Bush at the 1988 GOP Convention, today’s Republicans must be nervous at the president’s change on what is a sacrosanct issue for the party — tax cuts. Interestingly, George H. W. Bush’s decision to break his pledge was surrounded by notably different circumstances,» Lesperance added.

In this Feb. 11, 1991, file photo, President George H. W. Bush talks to reporters in the Rose Garden of the White House in Washington, D.C., after meeting with top military advisors to discuss the Persian Gulf War. (AP Photo/Ron Edmonds, File)
But Lesperance reminded Republicans, who currently control the House and Senate, that Democrats could gain an edge in the 2026 midterms if tax hikes prove to be as unpopular among Republicans as they were in 1992.
«Facing a Democratically controlled Congress, Bush reneged on his pledge as a compromise to reduce the deficit and pass the 1990 budget agreement. Bush’s decision to compromise on taxes is widely credited with costing him his bid for re-election. As Speaker Johnson and Republican members of Congress look ahead to midterm elections, there must be collective worry that President Trump’s shifting position on taxes will cost them at the polls,» Lesperance said.
Longtime Republican consultant David Carney, a veteran of numerous GOP presidential campaigns, said the move by Bush «was probably the single most detrimental thing to his re-election.»

Then-Republican presidential candidate Donald Trump speaks during a campaign rally at Madison Square Garden in New York on Oct. 27, 2024. (Angela Weiss/AFP via Getty Images)
Carney, who served in the elder Bush’s White House and worked on his presidential campaigns, told Fox News «the deal he cut was excellent. He cut spending, balanced out the taxes.»
But Carney emphasized «all that’s inside baseball and the reality is it was a great opportunity for people from the right and the left to make hay out of it, and it was absolutely hurtful.»
However, fiscal conservatives remain optimistic that Trump won’t raise taxes, despite the president softening to the idea on social media on Friday morning.
«President Trump campaigned on not raising taxes, and we are confident that’s exactly what he’ll do,» Club for Growth President David McIntosh told Fox News Digital.
When reached for comment about the Bush comparison, the White House pointed to press secretary Karoline Leavitt’s comments during the White House briefing on Friday.
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«The president wants tax cuts, the largest tax cuts in history,» Leavitt said. «He wants to extend his historic tax cuts from 2017, and he wants to see all the other tax priorities,» including no tax on tips, overtime or Social Security.
«The president has said he himself personally would not mind paying a little bit more to help the poor and the middle class and the working class in this country. I think, frankly, that’s a very honorable position. But again, these negotiations are ongoing on Capitol Hill, and the president will weigh in when he feels necessary,» she added.
Fox News Digital’s Elizabeth Elkind contributed to this report.
Politics,Donald Trump,Taxes,Remembering George H. W. Bush
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Where Iran’s ballistic missiles can reach — and how close they are to the US

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President Donald Trump warned that Iran is working to build missiles that could «soon reach the United States of America,» elevating concerns about a weapons program that already places U.S. forces across the Middle East within range.
Iran does not currently possess a missile capable of striking the U.S. homeland, officials say. But its existing ballistic missile arsenal can target major American military installations in the Gulf, and U.S. officials say the issue has emerged as a key sticking point in ongoing nuclear negotiations.
Here’s what Iran can hit now — and how close it is to reaching the U.S.
What Iran can hit right now
A map shows what is within range of ballistic missiles fired from Iran. (Fox News)
Iran is widely assessed by Western defense analysts to operate the largest ballistic missile force in the Middle East. Its arsenal consists primarily of short- and medium-range ballistic missiles with ranges of up to roughly 2,000 kilometers — about 1,200 miles.
That range places a broad network of U.S. military infrastructure across the Gulf within reach.
Among the installations inside that envelope:
IRAN SIGNALS NUCLEAR PROGRESS IN GENEVA AS TRUMP CALLS FOR FULL DISMANTLEMENT
- Al Udeid Air Base in Qatar, forward headquarters for U.S. Central Command.
- Naval Support Activity Bahrain, home to the U.S. 5th Fleet.
- Camp Arifjan in Kuwait, a major Army logistics and command hub.
- Ali Al Salem Air Base in Kuwait, used by U.S. Air Force units.
- Prince Sultan Air Base in Saudi Arabia.
- Al Dhafra Air Base in the United Arab Emirates.
- Muwaffaq Salti Air Base in Jordan, which hosts U.S. aircraft.
U.S. forces have drawn down from some regional positions in recent months, including the transfer of Al Asad Air Base in Iraq back to Iraqi control earlier in 2026. But major Gulf installations remain within the range envelope of Iran’s current missile inventory.

Israel’s air defense targets Iranian missiles in the sky of Tel Aviv in Israel, June 16, 2025. (MATAN GOLAN/Middle East Images/AFP via Getty Images)
Multiple U.S. officials told Fox News that staffing at the Navy’s 5th Fleet headquarters in Bahrain has been reduced to «mission critical» levels amid heightened tensions. A separate U.S. official disputed that characterization, saying no ordered departure of personnel or dependents has been issued.
At the same time, the U.S. has surged significant naval and air assets into and around the region in recent days.
The USS Abraham Lincoln Carrier Strike Group is operating in the Arabian Sea alongside multiple destroyers, while additional destroyers are positioned in the eastern Mediterranean, Red Sea and Persian Gulf.
The USS Gerald R. Ford Carrier Strike Group is also headed toward the region. U.S. Air Force fighter aircraft — including F-15s, F-16s, F-35s and A-10s — are based across Jordan, Saudi Arabia and Bahrain, supported by aerial refueling tankers, early warning aircraft and surveillance platforms, according to a recent Fox News military briefing.
Iran has demonstrated its willingness to use ballistic missiles against U.S. targets before.
In January 2020, following the U.S. strike that killed Islamic Revolutionary Guard Corps Gen. Qassem Soleimani, Iran launched more than a dozen ballistic missiles at U.S. positions in Iraq. Dozens of American service members were later diagnosed with traumatic brain injuries.
That episode underscored the vulnerability of forward-deployed forces within reach of Iran’s missile arsenal.
Can Iran reach Europe?
Most publicly known Iranian missile systems are assessed to have maximum ranges of around 2,000 kilometers.
Depending on launch location, that could place parts of southeastern Europe — including Greece, Bulgaria and Romania — within potential reach. The U.S. has some 80,000 troops stationed across Europe, including in all three of these countries.

Iran is widely assessed by Western defense analysts to operate the largest ballistic missile force in the Middle East. (Majid Saeedi/Getty Images)
Reaching deeper into Europe would require longer-range systems than Iran has publicly demonstrated as operational.
Can Iran hit the US?
IRAN NEARS CHINA ANTI-SHIP SUPERSONIC MISSILE DEAL AS US CARRIERS MASS IN REGION: REPORT
Iran does not currently field an intercontinental ballistic missile (ICBM) capable of striking the U.S. homeland.
To reach the U.S. East Coast, a missile would need a range of roughly 10,000 kilometers — far beyond Iran’s known operational capability.
However, U.S. intelligence agencies have warned that Iran’s space launch vehicle program could provide the technological foundation for a future long-range missile.
In a recent threat overview, the Defense Intelligence Agency stated that Iran «has space launch vehicles it could use to develop a militarily-viable ICBM by 2035 should Tehran decide to pursue the capability.»
That assessment places any potential Iranian intercontinental missile capability roughly a decade away — and contingent on a political decision by Tehran.
U.S. officials and defense analysts have pointed in particular to Iran’s recent space launches, including rockets such as the Zuljanah, which use solid-fuel propulsion. Solid-fuel motors can be stored and launched more quickly than liquid-fueled rockets — a feature that is also important for military ballistic missiles.
Space launch vehicles and long-range ballistic missiles rely on similar multi-stage rocket technology. Analysts say advances in Iran’s space program could shorten the pathway to an intercontinental-range missile if Tehran chose to adapt that technology for military use.
For now, however, Iran has not deployed an operational ICBM, and the U.S. homeland remains outside the reach of its current ballistic missile arsenal.
US missile defenses — capable but finite
The U.S. relies on layered missile defense systems — including Terminal High Altitude Area Defense (THAAD), Patriot and ship-based interceptors — to protect forces and allies from ballistic missile threats across the Middle East.
These systems are technically capable, but interceptor inventories are finite.
During the June 2025 Iran-Israel missile exchange, U.S. forces reportedly fired more than 150 THAAD interceptors — roughly a quarter of the total the Pentagon had funded to date, according to defense analysts.
The economics also highlight the imbalance: open-source estimates suggest Iranian short-range ballistic missiles can cost in the low hundreds of thousands of dollars apiece, while advanced U.S. interceptors such as THAAD run roughly $12 million or more per missile.
Precise inventory levels are classified. But experts who track Pentagon procurement data warn that replenishing advanced interceptors can take years, meaning a prolonged, high-intensity missile exchange could strain stockpiles even if U.S. defenses remain effective.
Missile program complicates negotiations
The ballistic missile issue has also emerged as a key fault line in ongoing diplomatic efforts between Washington and Tehran.
Secretary of State Marco Rubio has said Iran’s refusal to negotiate limits on its ballistic missile program is «a big problem,» signaling that the administration views the arsenal as central to long-term regional security.
While current negotiations are focused primarily on Iran’s nuclear program and uranium enrichment activities, U.S. officials have argued that delivery systems — including ballistic missiles — cannot be separated from concerns about a potential nuclear weapon.
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Iranian officials, however, have insisted their missile program is defensive in nature and not subject to negotiation as part of nuclear-focused talks.
As diplomacy continues, the strategic reality remains clear: Iran cannot currently strike the U.S. homeland with a ballistic missile. But U.S. forces across the Middle East remain within range of Tehran’s existing arsenal — and future capabilities remain a subject of intelligence concern.
iran,conflicts defense,middle east,pentagon
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La política exterior de Trump y algunas señales de lo que vendrá: ¿Resucitar el imperio?

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Newsom staffer who told California reporter to ‘f— off’ is raking in massive taxpayer-funded salary

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Isaac «Izzy» Gardon, a longtime Gavin Newsom staffer who made headlines earlier this week for telling a national reporter to «f— off» after she pressed him on the California governor’s reported dyslexia diagnosis, is raking in a hefty six-figure salary, a Fox News Digital review found.
While Newsom’s dyslexia diagnosis has been public for decades, interest in the matter was amplified amid the California governor’s book tour he launched this month. During one of his first stops on the tour, in Atlanta, Newsom was asked about his dyslexia in conversation with Democratic Mayor of Atlanta Andre Dickens, who asked what he hoped readers would take away from the discussion about his diagnosis in the governor’s new book.
«I’m like you. I’m no better than you. You know, I’m a 960 SAT guy,» Newsom said in response, garnering criticism online that he was pandering to the Black community.
Amid the rebukes from MAGA world and Republicans, Real Clear Politics (RCP) national correspondent Susan Crabtree reached out to Gardon for verification on his childhood disability diagnosis. In response, Gardon told her to «respectfully, f— off.»
Democratic Party Governor of California, Gavin Newsom, holds up his new memoir during a book tour event in South Carolina earlier this month. (Peter Zay/Anadolu via Getty Images)
The testy response led to further criticism targeting Newsom’s office and Gardon, including from RCP’s Carl Cannon, who questioned why people who are offended so deeply by Trump «consistently imitate his worst behavior.» Newsom’s press office has been known to meet the White House’s pointed and often hostile social media posts targeting Democrats, which frequently include AI generated images, with similarly hostile social media posts targeting Trump and Republicans.
When reached for comment on this story, Gardon told Fox News Digital that «Susan is not a journalist.»
«She’s a MAGA blogger who writes about conspiracy theories,» Gardon added.
Transparent California, a statewide public pay and pension database, revealed that Gardon is being paid quite handsomely to be one of Newsom’s most ardent defenders online. Gardon has risen in stature from an administrative assistant making around $30,000 per year in 2019, to earning $212,154.02 in 2024 as a senior assistant and a in Newsom’s office.
NEWSOM BLASTED BY CA GOP CHAIR OVER VIRAL CLIP LABELED ‘RACIST’ BY CRITICS: ‘HE SHOULD BE EMBARRASSED’

California Gov. Gavin Newsom (D) seen laughing at an event earlier this month hosted by the South Carolina Democratic Party. (Sean Rayford/Getty Images)
Gardon’s «regular pay» in 2024 was $152,091.05. That was also supplemented by nearly $57,000 in benefits and another $3,141.16 in «other pay,» according to the database, leading to a combined annual payment of $212,154.02. However, his current pay, which does not appear to be publicly available online, is likely to be higher.
Following news of Gardon’s response to Crabtree’s follow-up, a senior reporter for the California Post also shared an email from Gardon in response to one of his media inquiries.
In Gardon’s response, he referred to the New York Post as the «New York Comic Book.» Then, when Koehn followed up, indicating the San Francisco Chronicle was covering the same story, Gardon replied, «I’d put that outlet in the same bucket,» according to Koehn, who posted screenshots of the pair’s back-and-forth on X.
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A man is seen holding a copy of California Gov. Gavin Newsom’s new memoir titled «Young Man In A Hurry.» (Sean Rayford/Getty Images)
While some top Newsom staffers have praised Gardon’s style, including his boss and senior advisor of communications, Bob Salladay, who told Politico that «Izzy’s creativity and imagination is part of what the governor is doing.» Some Democratic operatives have vocally been critical about his communication style, including Garry Tan, a prolific Democratic donor and CEO of Y Combinator
«Most unprofessional person to ever work in politics,» Tan posted on X. «Izzy Gardon brings shame to the Newsom campaign.»
Gardon also came under fire earlier this month when he referred to rapper and MAGA activist Nicki Minaj as a «stupid hoe» on X. He defended his social media post by pointing to her 2012 song called, «Stupid Hoe.»
gavin newsom,politics,california,elections state and local,governors
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