LYCOS RETRIEVER
George W. Bush: Families
built 628 days ago
Upon gaining office in 2001, Bush signed into law a $1.35 trillion cut in taxation over 10 years. The plan included the objectives of doubling the child tax credit from $500 to $1,000, reducing the tax penalty on married couples and fully repealing the tax on estates. A United States Senate Finance Committee Report estimated that with all the planned reductions fully phased in, the average family of four making $50,000 would save $1,825 per year.[14]
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People like to assume that George got rich from oil speculation. It's a simpler and more inspiring explanation than the truth. He did launch an oil business, Arbusto Energy, in 1978. But it was a financial disaster from the very beginning and never turned a profit. Fortuitously, it got swallowed up in a 1982 merger with another energy company named Spectrum 7. The merger was engineered by a couple of Bush family friends.
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After the Bush Family moved to 1412 W. Ohio in 1952, Robin was diagnosed with leukemia and taken to Memorial Hospital at Sloan-Kettering in New York for treatment. Robin died of leukemia on October 11, 1953.
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On Labor Day weekend, September 4 1976, Bush was pulled over by police near his family's Kennebunkport summer home in Maine. He was arrested, admitted his guilt, was fined $150, and had his driving license suspended for 30 days in the state for driving under the influence of alcohol [1]
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The September 11 terrorist attacks were a major turning point in Bush's presidency. That evening, he addressed the nation from the Oval Office, promising a strong response to the attacks but emphasizing the need for the nation to come together and comfort the families of the victims. On September 14, he visited the World Trade Center site, meeting with Mayor Rudy Giuliani and firefighters, police officers, and volunteers. Bush addressed the gathering via megaphone while standing on a heap of rubble:
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People perceived George W. Bush's opposition on the Catholic church's mandate on birth control pills as a brave step against his values for the ultimate nucular family. But in reality it turned out to be on the fact that the words "man" and "date" really confused his way of thinking on that issue.
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