Bill White must be planning on running for office again
Former Houston mayor Bill White wrote a very interesting op-ed in the Houston Chronicle to promote his new book America's Fiscal Constitution. He illustrates just how far to the left the Democratic Party has moved in the last 50 years.
It is hard to imagine a Democratic party that would cut spending, or cut taxes. Those days are long over. Modern day Democrats characterize budgets as draconian when they increase spending by 2% instead of 3%. That's basically been every partisan budget battle for the last 20 years.After President John F. Kennedy pledged in writing to support "a tighter rein on" federal spending, in 1963 Ways and Means Committee Chairman Wilbur Mills obtained House passage of a bill lowering personal income tax rates.
Everyone understood that high Cold War tax rates distorted economic decisions, but Mills reminded Kennedy of the public commitment to a simple idea: Without a surplus, "if you're gonna cut taxes, you gotta cut spending."
White likes to claim that he's fiscally conservative. His book publicity even proclaims him a "fiscally conservative politician." Unfortunately Bill White's record as Houston mayor was not fiscally conservative:
Not according to the city's finance department, which reports more spending than income for each of the six fiscal years White presided over the city.Not to mention that Bill White kicked the can down the road instead of solving the city's pension problems:
White borrowed money every year of his administration to meet the city's pension obligations, as much as $63 million in fiscal year 2007.
And then there's the higher taxes from Bill White's time as mayor.
Bill White must be planning on running for office again.
Posted by Evan @ 12/17/13 08:05 AM
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PerryvsWorld, which office is White going to run for down the road ?
A. Harris County Judge
B. United States Senator against Cruz in 2018
C. Lieutenant Governor in 2018
Posted by Conservative Democrat @ 12/18/13 04:35 PM
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