William Howard White is an American businessman and politician who was the 60th Mayor of Houston from 2004 to 2010. He was the Democratic nominee for Governor of Texas in the 2010 election, in which he lost to incumbent Republican Rick Perry. Before serving as Mayor, White was a lawyer and businessman, and served as U.S. Deputy Secretary of Energy under President Bill Clinton from 1993 to 1995. White is on the membership roster of the Council on Foreign Relations. He is a member of the Democratic Party.
|American economic history does not support the idea that a strong economy depends on chronic federal borrowing.||Budgets & Budgeting ;Social Sciences|
|Never in the nation’s history had a president proposed large, simultaneous spending increases and tax cuts when the federal budget already had a deficit.||Budgets & Budgeting|
|The nation is in a situation similar to that of an employee who receives annual pay raises but cannot improve his or her standard of living because of the need to pay rising debt service to creditors.||Budgets & Budgeting|
|The nation’s founding fathers deferred many of their own cherished plans until the nation paid off its debts.||Budgets & Budgeting|