Inside the High-Stakes Politics of the Federal Budget
This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.
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 budget.
From the Hardcover edition.
Interesting but shallow
This book is engaging to read and clearly presents the deficit/budget/debt with a level voice. However, the book is short, so short it hardly deserves the designation book (it could probably be fit onto 50 pages of print text) and therefore lacks the scope and depth that are necessary to constitute a comprehensive discussion of the federal budget. The book would constitute a good introduction, a first part as it were of a larger tome, but as it is, ends with a thud. That's it? Where are solutions, predictions, or ideas? Wessel writes well, but he writes little, and therefore his book is worth little, not even the $12 it costs to download.
An honest look at what lies ahead
Very well written. The author paints a picture of the fiscal cliff that we all know is there, and it is the detail he uses that is the most frightening when he walks the reader through the twists and turns of 'Red Ink'.
Great book to expand your knowledge of what drives the debt
This is a great book, high praise for what is thought of as a generally non-sexy topic: the budget. The author presents it Ina fact oriented way that gives both sides' arguments, and doesn't have a political agenda.
I'd give the book a 5/5 but Apple screwed up some stuff. The footnotes are not viewable in the text, only a compilation at the end, and one page was a duplicate so I missed some information. Please fix Apple. However don't let this discourage you from reading this informative book!!