Red Ink: Inside the High-Stakes Politics of the Federal Budget
A Business, Nonfiction, Politics book. By Rob CoxTo understand the current state of the U.S. federal budget - and...
David Wessel, the Pulitzer-Prize-winning reporter, columnist, and bestselling author of In Fed We Trust, dissects the federal budget: a topic that is fiercely debated today in the halls of Congress and the media, and yet is misunderstood by the American public.Now a New York Times bestseller.In a sweeping narrative about the people and the politics behind the budget, Wessel looks at the 2011 fiscal year (which ended September 30) to see where all the money was actually spent, and why the budget process has grown wildly out of control. Through the eyes of key people--Jacob Lew, White House director of the Office of Management and Budget; Douglas Elmendorf, director of the Congressional Budget Office; Blackstone founder and former Commerce Secretary Pete Peterson; and more--Wessel gives readers an inside look at the making of our unsustainable...
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- Filetype: PDF
- Pages: 208 pages
- ISBN: 9780770436148 / 0
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More About Red Ink: Inside the High-Stakes Politics of the Federal Budget
Important book. It does make the deficit problem more comprehensible and is a strong argument for urgent action. Wessel works hard to be unbiased. Ultimately he says it will take hard decisions from ALL parties if we are to tackle the deficit, and the costs of not tackling it could be catastrophic. Our lack of unity will be the undoing... I'm hesitant to give such a simple, unambitious book, whose relevance will expire in a short time four stars. But there is a clear need for a brief, easily readable, debt & deficit 101 book that provides necessary background, addresses common misconceptions head on, and gives a summary of the current players and plans that has been... By Rob CoxTo understand the current state of the U.S. federal budget - and the policies the next president will be forced to pursue from day one - there are two pieces of required reading. The first is a two-year old wonky white paper entitled The Moment of Truth, by the National Commission on Fiscal Responsibility and Reform. The second...
