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

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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.

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«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

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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

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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. 

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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.»

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House Speaker Mike Johnson

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.           

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«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. 

George H.W. Bush

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. 

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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.»

Donald Trump at NYC rally

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.»

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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. 

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Fox News Digital’s Elizabeth Elkind contributed to this report. 

Politics,Donald Trump,Taxes,Remembering George H. W. Bush

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China aiding Iran missile program amid US-Israeli strikes, reports say

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Communist China is reportedly providing military assistance to the embattled Iranian regime, according to a leading U.S. military think tank and other reporting. 

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The Institute for the Study of War stated that China is providing military assistance to the Iranian regime’s missile program, basing its research on recent reporting.

According to the Institute, «China is helping Iran reconstitute the Iranian missile program amid US-Israeli efforts to degrade it.»

A TIMELINE OF TRUMP’S ESCALATING DEADLINES ON IRAN AND THE STRAIT OF HORMUZ

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According to the Institute for the Study of War, «Western media reported that China has sent multiple shipments of missile fuel precursor to Iran since the start of the war.»

The institute said that, «China’s efforts to help Iran reconstitute could undermine the combined force efforts to degrade or destroy the supporting elements of the ballistic missile program.»

Gordon Chang, an expert on China, told Fox News Digital that «China is an enemy combatant and is endangering our troops.»

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A Ghadr-H missile, center, a Sejjil missile and a portrait of the Iranian Supreme Leader Ayatollah Ali Khamenei are on display for the annual Defense Week, marking the 37th anniversary of the 1980s Iran-Iraq war, at Baharestan Sq. in Tehran, Iran, Sunday, Sept. 24, 2017. (AP)

The Daily Telegraph recently reported that, «Ships believed to be carrying Chinese chemicals for missile fuel have arrived in Iran, raising questions about Beijing’s support for the regime. Four sanctioned Iran-flagged vessels have docked at Iranian ports since the war broke out.»

The report also claimed that, «Sanctioned vessels carrying enough chemicals to produce hundreds of projectiles travel from Chinese to Iranian ports.»

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Chang urged the U.S. to seize the Chinese vessels that are reportedly transporting sodium perchlorate, the chemical material required for Iran’s missile fuel systems. He added that «It is a question of America’s will to impose costs on China.»

TRUMP CALLS RESCUE OF DOWNED AIR FORCE PILOT AN ‘EASTER MIRACLE’

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Chinese President Xi Jinping (L) meets with the late Supreme Leader of Iran Sayyed Ali Khamenei (R) in Tehran, Iran on January 23, 2016. (Pool / Supreme Leader Press Office/Anadolu Agency/Getty Images)

Chang concluded by noting that the «President of the U.S. has many points of leverage. If you look at the overall relationship between China and the U.S., the U.S. has more cards to play.» He cited the U.S.-China trade relationship because China is an export-driven country and depends on the vital American consumer market.

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The Islamic Republic’s military forces have reportedly been feverishly working to rebuild their missile apparatus after punishing U.S. and Israeli airstrikes since the start of the war on Feb. 28.

According to the Institute for the Study of War, «Iran has been digging out underground missile bunkers and silos struck by the combined force, in some cases returning them to operation hours after strikes, according to recent U.S. intelligence assessments. Iran may be reestablishing access to their launchers hours after strikes, but these launchers are components of a larger system that has been degraded. Reported fear and lack of coordination across some Iranian forces mean that medium-range missile systems are still functioning sub-optimally.»

Missiles launched from Iran are intercepted as seen from Tel Aviv

Missiles launched from Iran are intercepted as seen from Tel Aviv, Israel, June 15, 2025. (REUTERS/Tomer Neuberg)

Chinese companies have been sanctioned as part of busting U.S. restrictions on providing military aid to Iran’s regime. In 2023, the U.S. Treasury Department said it had «designated one individual and six entities in a sanctions’ evasion network that has facilitated Iran’s procurement of electronic components for its destabilizing military programs, including those used in unmanned aerial vehicles (UAVs). Particularly, this action targets the head of U.S.-designated Iran’s Pardazan System Namad Arman (PASNA), and the entity’s Iran-, Malaysia-, Hong Kong, and PRC-based front companies[People’s Republic of China] and suppliers that have enabled PASNA’s procurement of goods and technology.»

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A State Department spokesperson told Fox News Digital that, «China portrays itself as a neutral actor in the conflict with Iran, but it has long ignored the Iranian regime’s nuclear ambitions and destabilizing activities while providing the regime an economic lifeline and other support. The United States has sanctioned China- and Hong Kong-based entities and individuals for supporting Iran’s ballistic missile and UAV proliferation activities.  We will continue to act to ensure China does not contribute to the Iranian regime’s destabilizing activities.»

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Just last month, a report by the Atlantic Council noted «China has supplied Iran with drones, anti-ship cruise missiles, surface-to-air missiles, and the components thereof, to aid in its aerial and maritime defense capabilities. In other instances, China directly supplies Iran with Western or Chinese technology components that are found in Iranian drones used against US military installations and economic interests in the Gulf, as well as on Russia’s battlefield in Ukraine.»

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Fox News Digital press queries to China’s Embassy in Washington, D.C., were not immediately returned.



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Trump adversary running for Senate borrows his filibuster playbook 

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One of President Donald Trump’s top Democratic foes running for the Senate is taking a page from his and conservatives’ playbook in their pitch to reform the filibuster.

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Democratic Maine Gov. Janet Mills, who is running to unseat longtime Sen. Susan Collins, R-Maine, released her policy platform in recent days. Among several pitches to voters is a call to reform the filibuster. 

Mills, if elected, said in the 19-page document that she would require «Senators to remain on the Senate floor and actually speak, rather than simply threatening a filibuster to delay action.»

The filibuster has become a flashpoint in the Senate, particularly for Republicans, given that its current 60-vote threshold requires legislation to be bipartisan in nature. And Mills’ position, which has been previously supported by Democrats, is one Trump and some in the GOP are pushing for to pass a massive election integrity bill.

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GRAHAM EYES ‘DOWN PAYMENT’ ON TRUMP-BACKED SAVE ACT WITHOUT DEMOCRATIC SUPPORT

Democratic Maine Gov. Janet Mills, who is running to unseat longtime Sen. Susan Collins, R-Maine, released her policy platform in recent days.  (Getty Images)

Her desire to change the filibuster echoes one made by Trump and conservatives, both in Congress and online, that have demanded Senate Majority Leader John Thune, R-S.D., launch a talking filibuster to pass the Safeguard American Voter Eligibility (SAVE) America Act.

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«Washington is broken, and Maine people are paying the price,» Mills said in a statement introducing the platform. «Donald Trump and Washington Republicans are undermining our fundamental rights and driving up costs, all while Congress fails to solve the big problems facing Maine people. Enough is enough. Maine people deserve better than what D.C. is giving them.»

Mills and Trump have an adversarial relationship that reached a chaotic crescendo in 2025 when, during a meeting of governors at the White House, she declared, «We’ll see you in court,» over the president’s executive order to deny federal funding to states that allowed transgender athletes to participate in sports.

THUNE ACCUSES CRITICS OF ‘CREATING FALSE EXPECTATIONS’ AMID BACKLASH OVER STALLED SAVE AMERICA ACT

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President Donald Trump shrugging during a public appearance.

Maine Gov. Janet Mills and President Donald Trump have an adversarial relationship that reached a chaotic crescendo in 2025.  (Nathan Howard/Getty Images)

The National Republican Senatorial Committee (NRSC), the Senate GOP’s main campaign arm, warned that Mills’ desired change to the filibuster was a dog whistle for Democrats’ plan to slow-walk Trump’s agenda.

«Janet Mills is saying the quiet part out loud: If she goes to Washington, she will use every tool at her disposal to push her radical anti-Trump agenda on Americans,» NRSC spokesperson Samantha Cantrell told Fox News Digital.

Trump has asked Republicans to go a step further and nuke the filibuster altogether — an unlikely scenario in the Senate, given the lack of support to do away with the guardrail in its current form.

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MAINE SENATE CANDIDATE CITES COMBAT TRAUMA WHEN CONFRONTED ON ‘TERRIBLE’ POSTS ABOUT SEXUAL ASSAULT

Senate candidate Graham Platner and Gov. Janet Mills standing together

Senate candidate Graham Platner of Maine, left, and two-term Gov. Janet Mills are facing off in the state’s Democratic Senate primary. (Sophie Park/Getty Images; Scott Eisen/Getty Images)

A talking filibuster, as Mills suggested, would require senators to debate a bill rather than falling back on the typical 60-vote threshold.

The Senate is currently doing a version of the talking filibuster in the GOP’s bid to shine a light on Senate Democrats’ refusal to support the SAVE America Act. But it won’t lead to the legislation passing because the GOP isn’t unified to block Democratic amendments that could drastically alter the bill.

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Senate Minority Leader Chuck Schumer, D-N.Y., who handpicked Mills to run in Maine against Collins, has dubbed the legislation «Jim Crow 2.0» and rallied his caucus behind defeating the measure.

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Before Mills has a chance to square off against Collins, she’ll first have to survive a tough primary battle against insurgent candidate Graham Platner, an oyster farmer who has the backing of Schumer’s left flank.

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Fox News Digital reached out for comment from Mills, Platner and Collins, but did not hear back by publication.

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Los expertos en restauración desaconsejan el traslado del ‘Guernica’: “No está preparado para viajar ni debería hacerlo si quiere conservarse bien”

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Los expertos en restauración desaconsejan rotundamente el traslado del Guernica. (Europa Press)

Corre estos días por el Museo Reina Sofía una gran inquietud que llega hasta el País Vasco. Desde que el lehendakari Imanol Pradales alzase la voz para pedir el traslado del Guernica, el icónico cuadro de Pablo Picasso, se han sucedido las declaraciones cruzadas y demás polémicas. Pero faltaba por conocer la opinión de quien realmente conoce mejor el cuadro: los restauradores. En muchas ocasiones, los considerados como “doctores” del arte han salido al paso para proteger la integridad de la obra por encima de cualquier interés político.

“Por un lado restauramos aquello que está deteriorado u oscurecido por el tiempo, lo volvemos a un estado lo más cercano posible al original. Pero también cuidamos de la obra en todos esos transportes”, comienza explicando María Antonia López de Asiaín, restauradora del Museo Nacional del Prado, quien habla con Infobae tras desatarse la polémica en torno al cuadro de Picasso. “El Guernica no está preparado para viajar. Ni debería viajar si quiere conservarse bien, porque es una obra muy grande, con mucho deterioro por el tiempo. Cuando se trajo del MoMA enrollado, tenía una serie de fisuras verticales, un craquelado que está fijo, que está estable, pero que no te admite el traslado”, zanja de primeras la experta, que coincide de pleno con el informe elaborado desde el propio Museo Reina Sofía, que desaconseja rotundamente el traslado del cuadro.

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Pero, ¿por qué entraña tanto riesgo este movimiento que sugieren desde el País Vasco para celebrar el 90º aniversario del bombardeo de Guernica?

Imagen del informe facilitado por el Museo Reina Sofía, en el que se detalla el desgaste y las alteraciones del Guernica
Imagen del informe facilitado por el Museo Reina Sofía, en el que se detalla el desgaste y las alteraciones del Guernica

“Los restauradores revisamos la obra y emitimos un informe de conservación. Y decimos: esta obra sí puede viajar o esta obra no puede viajar. Pero si las condiciones de conservación de la obra sí se pueden apañar o hacer una buena restauración, el cuadro está estable y no corre riesgo, lo aprobamos. En el caso del Guernica, es que no se debe apañar. No es que no se pueda, es que no se debe”, recalca la restauradora del Prado, en el cual estuvo el Guernica durante más de 11 años antes de su traslado definitivo al Reina Sofía.

Un traslado que, a pesar de la escasa distancia, ya tenía gran dificultad. “En aquel momento, la empresa de transportes hizo como un camión, como que el suelo entre las ruedas bajaba… Porque no dan la altura, los camiones, punto. De obra de arte tiene tres metros de altura. Y este cuadro no cabe. En la anterior ocasión que se pidió, diseñaron hasta un viaje en carreteras que tuviera los puentes de suficiente altura para poder llevarlo, porque claro, no es una medida estándar de camión”.

El deterioro del Guernica y las razones para su no traslado

El informe facilitado por el Museo Reina Sofía explica con lujo de detalles por qué se niega al traslado. “Los estudios con luz visible han hecho posible apreciar las diferentes alteraciones que ha sufrido la obra. Respecto al soporte, vemos que el perímetro de la tela presenta un gran número de alteraciones causadas por los múltiples clavados y desclavados del bastidor a los que el lienzo fue sometido a lo largo de su historia. El bastidor original carecía de cuñas intencionalmente, por lo que exigía aplicar fuertes tensiones durante el montaje, tensiones acentuadas por el hecho de ser un lienzo de grandes proporciones”, detalla el estudio publicado hace tan solo unas semanas, que también habla de “alteraciones tales como grietas, craquelados y microfisuras atribuidas mayoritariamente a las tensiones provocadas por los numerosos enrollados, traslados y manipulaciones durante sus años de itinerancia”.

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El lehendakari Imanol Pradales ha afirmado que la cesión de el ‘Guernica’ de Picasso a Euskadi de forma temporal podría ser «una buena forma de avanzar en reparación». (PNV)

El deterioro y el inmenso tamaño del Guernica (776,6 cm × 349,3 cm) son dos de los aspectos en los que López de Asiaín coincide con el Reina Sofía. “Una obra, en lienzo de tan gran tamaño, cuando la mueves, hace como vela, como un barco. El Guernica está muy deteriorado porque es de gran tamaño y precisamente se puede proteger peor porque es de gran tamaño. Entonces, está muy deteriorado… El enrollado causa una serie de fisuras verticales o de craquelados”, confirma la restauradora, quien por otro lado no es ajena a los intereses políticos que hay detrás de este hipotético movimiento. “Es la machada de decir: ‘Yo me traje el Guernica y el Guernica es nuestro’. Es un poco eso, la cuestión política”.

A pesar de todo, la restauradora defiende vías alternativas al traslado del Guernica para poder celebrar ese aniversario sin poner en riesgo el cuadro. “Hay que diferenciar la obra del mensaje. Es decir, esa obra de arte tiene valor para nosotros, para el Reina Sofía, para los restauradores y para los historiadores del arte. Y para el País Vasco la tiene como mensaje. Entonces, realmente piensas, ¿es lo mismo tener la obra de arte en realidad, que puede sufrir, que puede tener un detrimento? Porque para nosotros es un símbolo de nuestra Guerra Civil, de España, de todo, que no tenemos ningún derecho a deteriorar. No te digo que viaje un póster, pero se pueden hacer realidades 3D, cosas diferentes, muy buenas y con el mismo mensaje», defiende la experta.

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