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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
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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