Bill White - AMERICA'S FISCAL CONSTITUTION

Jun 26 2014 7:00 pm
Location: 
Street:
2421 Bissonnet St
City:
Houston
,
Province:
Texas
Postal Code:
77005-1451
Country:
United States
Book List
$35.00
ISBN-13: 9781610393430
Availability: Usually Ships in 1-5 days
Published: PublicAffairs, 4/2014

In AMERICA'S FISCAL CONSTITUTION, Bill White--a finance expert and three time former Houston mayor--tells the story of generations of leaders who established clear limits on federal debt. He describes how debt has grown to threaten the nation's future after the collapse of those traditional limits in 2001.

For almost two centuries the US government borrowed only to wage war, plug temporary budget holes during downturn, expand and secure national borders, and preserve the Union. Borrowing ended immediately after the emergency passed. Since 2001, however, federal leaders broke the traditional link between tax and spending policies and borrowed to pay for both emergencies and routine operating expenses. White dispels common myths and highlights practical lessons from history on how the nation can return to the time-tested trail of fiscal safety.

For Americans trying to make sense of today's budget crisis--and those worried about future economic opportunities--AMERICA'S FISCAL CONSTITUTION provides an original, hopeful, and objective context.


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