George H.W. Bush: “I'm prepared to say we don't need to raise taxes. We've got a plan up there that controls the growth of spending. We've…”

“I'm prepared to say we don't need to raise taxes. We've got a plan up there that controls the growth of spending. We've got a plan to stimulate the economy. Absolutely. So I will go back to when the previous administration, Jimmy Carter administration left office, and I was talking about the ``misery index'' being right through the roof, unemployment and inflation right out there to almost a historic high. We don't want to return to what his program of tax and spend would get us into. So we're going to have a big difference on all that. Bosnia”