George W. Bush Presidency
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George W. Bush Presidency. How does Bush deal with issues of the 2000s?. 2000 Election. Vice-president Al Gore (D) vs. Gov. George W. Bush (R) 270 electoral votes needed to win, many feel winner of Florida (25 elec votes) will win Presidency
George W. Bush Presidency
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George W. Bush Presidency How does Bush deal with issues of the 2000s?
2000 Election • Vice-president Al Gore (D) vs. Gov. George W. Bush (R) • 270 electoral votes needed to win, many feel winner of Florida (25 elec votes) will win Presidency • However, confusion over the ballot in Palm Beach, Florida
Bush Wins Presidency • People upset their vote didn’t count, also mass confusion on election night over who won Florida • VQ: Who do networks say won Florida at first and what happens later that night? • Bush up by 1700 votes, triggers automatic machine recount • VQ: What do many Gore voters feel happened? • Machine recount gives Bush state by 327 votes, Gore challenges the vote wants a hand recount • Recount starts, Bush sues to stop it VQ: What is argued about chads? • Bush v. Gore: US Supreme Court halts recount- Bush wins
Bush Domestic Policy • Bush takes Clinton surplus and gives it back to American people ($300 per tax payer) • Bush gets tax cuts passed, (up to 35% based on income) • Gets Congress to pass “No Child Left Behind” • All students must be proficient by 2014 • Federal dollars can be cut if schools don’t meet AYP • States must develop way to measure test scores (API) • No new federal dollars for the program
After 9/11 President Bush stated that Iraq has Weapons of Mass Destruction (WMDs) & are part of an “axis of evil” • On NBC’s Meet the Press, Vice-President Cheney states Iraq also had a connection to Al-Qaeda (9/11) and an attack on the US was imminent The Case Against Iraq • US states Saddam must disarm or be attacked, US asks UN for authorization to attack Iraq, UN skeptical, no evidence of WMDs • In March 2003, President Bush decides to invade Iraq
Saddam goes into hiding, US gets rid of all of his government officials and army members (Baath Party) • Many of these men join a guerilla insurgency against US • Saddam is eventually captured & executed • 2006: Civil war breaks out in Iraq between rival Iraqi groups • 2007: Bush announced he would increase the amount of troops in Iraq (the surge) • Congress wants a timetable of when America will get out of Iraq, Bush vetoes • 4,200+ US troops; 93,000 Iraqi civilians killed
2008 Financial Crisis • Bush wins close re-election in 2004 but Democrats regain Congress in 06, Nancy Pelosi 1st woman elected Spkr of House • 2008: Growing debt from wars & tax cuts slows economy Housing Bubble Bursts • Home prices overvalued • People getting “sub-prime” mortgages w/ flexible interest (start low get higher) • People defaulting on mortgages, banks losing money Banking Crisis • Major banks & other businesses failing due to risky loans • Bush & Congress pass TARP – up to $700 billion in tax money to helped troubled institutions • Next President will be left w/ huge debt, two wars, possible depression