George H.W. Bush honored with Kennedy 'courage' award for agreeing to raise taxes

BOSTON (AP) -- Former President George H.W. Bush has been honored with a Kennedy "courage" award for agreeing during his presidential term to raise taxes to confront a spiraling deficit.

The John F. Kennedy Presidential Library and Museum in Boston honored Bush on Sunday with a 2014 John F. Kennedy Profile in Courage Award.

The award crossed generations and political parties. It was given by Jack Schlossberg, son of the late Democratic president's daughter, Caroline Kennedy, to Lauren Bush, granddaughter of the former Republican president.

Conservatives denounced Bush for raising taxes, breaking a key promise in his successful 1988 campaign for the White House.

Schlossberg said the award celebrates courage.

The award is named for Kennedy's 1957 book, "Profiles in Courage," which tells the stories of eight U.S. senators who took unpopular stands.

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