Four years later, in the 2004 election, he defeated Democrat John Kerry to win re-election. Bush, the 43rd president, is the eldest son of the 41st president, George H. W. Bush. He was succeeded by Democrat Barack Obama, who won the 2008 presidential election. O'Neill, who opposed the Iraq War and feared that the Bush tax cuts would lead to deficits, was replaced by John W. Snow in February 2003. Frustrated by the decisions of the Bush administration, particularly the launching of the Iraq War, Powell resigned following the 2004 elections. Bush's approval ratings ran the gamut from high to all-time record low.
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