Mr Bush, who last held office in 2007, also questioned the Republican party's refusal to countenance any tax rises. Although he understood the political caution on the issue, Mr Bush said he hoped that Mr Romney would accept raising $1 of revenue for every $10 (£6.60) of spending cuts, warning that there would have to be a 'grand bargain' on America's spiraling deficit. And in a further sign of his determination to occupy the middle ground, Mr Bush also praised the Obama administration efforts on education, saying he "doesn't have to play the game where I'm 100,000 percent against President Obama." US election 2012: Jeb Bush says 2012 was 'probably my time' - Telegraph He's right. He wouldn't be welcomed in this Republican Party.