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The Federal Budget Crisis
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Book Synopsis Where Does the Money Go? by : Scott Bittle
Download or read book Where Does the Money Go? written by Scott Bittle and published by Harper Collins. This book was released on 2011-04-12 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and Updated to Include the Probable Effects of the Great Recession, the Government Stimulus, and President Obama's Health Care Overhaul Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket? Here is essential information that every American citizen needs—and has the right—to know. This guide to deciphering the jargon of the country's budget problem breaks down into plain English exactly what the fat cats in Washington are arguing about. Where Does the Money Go? covers everything from the country's exploding federal debt to the fact that, for thirty-one out of the last thirty-five years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on both sides of the fence have so far failed to address this issue effectively and explains what you can do to protect your future.
Book Synopsis Solving the Budget Crisis by : Scott W. Rasmussen
Download or read book Solving the Budget Crisis written by Scott W. Rasmussen and published by . This book was released on 1985 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Federal Budget Crisis by : John Doble
Download or read book The Federal Budget Crisis written by John Doble and published by . This book was released on 1983 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Where Does the Money Go? Rev Ed by : Scott Bittle
Download or read book Where Does the Money Go? Rev Ed written by Scott Bittle and published by HarperBusiness. This book was released on 2011-01-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and Updated to Include the Probable Effects of the Great Recession, the Government Stimulus, and President Obama's Health Care Overhaul Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket? Here is essential information that every American citizen needs—and has the right—to know. This guide to deciphering the jargon of the country's budget problem breaks down into plain English exactly what the fat cats in Washington are arguing about. Where Does the Money Go? covers everything from the country's exploding federal debt to the fact that, for thirty-one out of the last thirty-five years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on both sides of the fence have so far failed to address this issue effectively and explains what you can do to protect your future.
Download or read book Red Ink written by David Wessel and published by Crown Currency. This book was released on 2013-07-02 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pulitzer-Prize-winning reporter, columnist, and bestselling author of In Fed We Trust, dissects the federal budget in this New York Times bestseller. In a sweeping narrative about the people and the politics behind the budget--a topic that is fiercely debated today in the halls of Congress and the media, and yet is often misunderstood by the American public--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, including 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.
Book Synopsis Government in Crisis by : David Brashear
Download or read book Government in Crisis written by David Brashear and published by . This book was released on 1991 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Federal Budget by : Allen Schick
Download or read book The Federal Budget written by Allen Schick and published by Brookings Institution Press. This book was released on 2008-05-31 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling our nation's policies "unsustainable" and "system-dooming." As the deficit continues to grow, will America be fully able to fund its priorities, such as an effective military and looking after its aging population? In this third edition of his classic book The Federal Budget, Allen Schick examines how surpluses projected during the final years of the Clinton presidency turned into oversized deficits under George W. Bush. In his detailed analysis of the politics and practices surrounding the federal budget, Schick addresses issues such as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. This edition updates and expands his assessment of the long-term budgetary outlook, and it concludes with a look at how the nation's deficit will affect America now and in the future. "A clear explanation of the federal budget... [Allen Schick] has captured the politics of federal budgeting from the original lofty goals to the stark realities of today."—Pete V. Domenici, U.S. Senate
Book Synopsis The Federal Budget Crisis by : William P. Orzechowski
Download or read book The Federal Budget Crisis written by William P. Orzechowski and published by . This book was released on 1986* with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restoring Fiscal Sanity by : Alice M. Rivlin
Download or read book Restoring Fiscal Sanity written by Alice M. Rivlin and published by Rowman & Littlefield. This book was released on 2004-03-29 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is standing at a critical juncture in its fiscal outlook. After experiencing a brief period of budget surpluses at the turn of the century, the federal government will run deficits that add about $4 trillion to the national debt over the next decade. Substantial deficits will likely continue long into the future because the looming retirement of the baby boom generation will raise spending in Social Security, Medicare, and Medicaid. At the same time, the federal government appears to be neglecting spending in key areas of social and economic policy. The nation thus faces a vital choice: continue down a path toward future fiscal crisis while under investing in critical areas, or increase resources in high-priority areas while also reducing the overall budget deficit. This choice will materially affect Americans' economic status and security in the immediate future as well as over long horizons. In R estoring Fiscal Sanity, a group of Brookings scholars with high-level government experience provide an overview of the country's likely medium- and long-term spending needs and the resources available to pay for them. They propose three alternative fiscal paths that are more responsible than the current path. One plan emphasizes spending cuts, the second emphasizes revenue increases, and a third is a balanced mix between the two. The contributors address the policy choices in such areas as defense, homeland security, international assistance, and programs targeted to the less advantaged, the elderly, and other domestic priorities. In the process, they provide an understanding of the short- and long-run trade offs and illustrate how the budget can be reshaped to achieve high priority objectives in a fiscally responsible way.
Download or read book The Budget Puzzle written by John Cogan and published by Stanford University Press. This book was released on 1994-05-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, the size and composition of the federal budget is arguably the most important single issue of the 1990's, yet most debates and commentaries on the subject are largely uninformed. Virtually no one - whether government official, member of Congress, journalist, or taxpayer - seems to understand how the budget is put together and what it means. This is hardly surprising, since the budget has become extraordinarily complicated. The structure of the budget reform act of 1911 has been maintained, with the changes of additional reforms (1974, 1986, and 1990) piled on top of it, while virtually nothing has been discarded. Most people are distressed at the enormous size of the federal deficit and perplexed because highly touted plans and agreements to bring the deficit down result in an even higher deficit. Why does this happen? Why is there a growing deficit amid cries of underfunding? Why is there general agreement on a format that has proved so misleading? This book comprises a series of essays about the federal budget - how and why it has grown so large, why most "deficit-reduction" measures are either shams or predestined to fail, and why understanding budget issues is so difficult. The authors offer a new perspective, a microbudgeting approach, which requires examining in detail how the federal government makes its budget decisions. Macrobudgeting, which is concerned with totals rather than parts, has prevailed for more than a generation in both Democratic and Republican administrations; the deficit-reduction drives of the 1980's, for example, failed because the parts added up to more than the targeted totals. By contrast, microbudgeting breaks the budget down into its basic elements, carefully reviews the assumptions underlying each program or account, and critically examines the methods by which savings are computed. Using this approach, the authors demonstrate that it is possible to understand the budget process and to make informed decisions on issues of public policy. Individual essays focus on such topics as: the changing Congressional budget processes that have been critically important in contributing to the federal budget deficits that have persisted since World War II; the origins, uses, and abuses of budget baselines; and the myth of the budget reductions of the Reagan presidency.
Book Synopsis Federal Budget Crisis by : United States. Congress. Senate. Committee on Finance
Download or read book Federal Budget Crisis written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1982 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Citizen's Guide to Deficits and Debt by : William E. Hudson
Download or read book A Citizen's Guide to Deficits and Debt written by William E. Hudson and published by Routledge. This book was released on 2014-01-03 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: America is currently involved in one of the worst economic crises of modern times. As alarm increases over how the government will balance the budget, handle the debt, and maintain prosperity for the future, the minutia of debts and deficits remains incomprehensible to many. Why is it so hard to find ways to resolve the fiscal crisis? This brief and intelligible book is a guide to understanding both the difficulties involved in managing the federal budget and why the on-going fiscal crisis is so significant for America’s future. In order to introduce the reader to the basic composition of federal spending and to the ways that the government raises revenue, Hudson begins his guide with a "map" clarifying how to navigate the federal budget. He defines basic financial vocabulary and outlines concepts by using clear charts and diagrams that both provide basis for discussion and illustrate key points. With this budget map in mind, the second part of the book lays out how the partisan divide in America helps explain the fiscal crisis. Hudson analyzes the debate on the extent of the fiscal crisis, the ways that political parties have tried to solve it, and the political events and institutions that have surrounded the crisis. This citizen’s guide reveals how differing views of America inform the arguments over deficits and debt. By the time readers finish the book, they will understand that the conflict over deficits and debt is not simply about where to cut or add spending, but instead is a struggle over national priorities and visions for the future.
Book Synopsis Downsizing Federal Government Spending by : Chris Edwards
Download or read book Downsizing Federal Government Spending written by Chris Edwards and published by Cato Institute. This book was released on 2017-10-10 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Downsizing Federal Government Spending is a clear and essential guide for policymakers and voters alike on reducing federal spending and on preventing a massive budget crisis that could crush the generations ahead. It provides a detailed series of comprehensive and concise policy strategies to reduce rampant government spending and the national deficit. Sectioned by topic – including Agriculture, Defense, Education (both K-12 and Higher Education), Healthcare, Foreign Policy, and Fiscal Policy - each chapter has been meticulously researched by Cato scholars. Consistent and informed critiques of federally-funded programs come with solid alternatives – identifying areas for needed spending cuts, state-based funding, privatization, termination, and more. Edited by Chris Edwards, this collection moves forward with the crucial task of evaluating federal spending, and reveals how spending changes and cuts would not only eliminate the deficit, but also strengthen the economy, enlarge personal freedom, and leave a positive fiscal legacy for the next generation.
Book Synopsis The Federal Budget Deficit by : Susan Hunnicutt
Download or read book The Federal Budget Deficit written by Susan Hunnicutt and published by Greenhaven Publishing. This book was released on 2010 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Books Back Cover: Greenhaven Press's At Issue series provides a wide range of opinions on individual social issues. Each volume focuses on a specific issue and offers a variety of perspectives - eyewitness accounts, governmental views, scientific analysis, newspaper and magazine accounts, and many more - to illuminate the issue. Extensive bibliographies and annotated lists of relevant organizations point to sources for further research. Enhancing critical thinking skills, each At Issue volume is an excellent research tool to help readers understand current social issues and prepare reports.
Book Synopsis The People's Money by : Scott Rasmussen
Download or read book The People's Money written by Scott Rasmussen and published by Simon and Schuster. This book was released on 2012-01-31 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: When it comes to the economy, American voters can no longer count on the Political Class. We are the ones who truly want progress, and—despite what politicians would lead us to believe—we are the only ones willing to make the difficult but necessary changes that willrestore our country’s fiscal sanity. For years, Americans have elected candidates who promise to reduce spending. Yet spending has steadily increased for more than half a century. For just as long, politicians have blamed voters, claiming a lack of public support for the necessary cuts to reduce the budget deficit. On the contrary, evidence suggests that voters are far more willing than politicians to make the compromises to eliminate this massive burden from future generations. Now, influential political analyst Scott Rasmussen, one of the most recognized public opinion pollsters in America, proves that our politicians are intentionally perpetrating a flat-out lie about their short-sighted and destructive economic choices and our hard-earned money. In The People’s Money, Rasmussen explores clear-headed, responsible, and reasonable ways to eliminate a deficit that is much larger than politicians would have us believe—$123 trillion and counting—all with the vast support of the American people. This is Rasmussen on: ·The bailouts—the cause and effects, and the catalyst that fueled the current era of discontent ·National defense—and the $100 billion annual cost that could be erased today with absolutely no threat to security ·Social security—and a plan that could not only reduce spending by trillions of dollars but offer a more satisfying plan for retirees ·Tax burdens—and the truth behind the changes Americans are willing to make for the sake of their country ·Government payroll—and the commonsense cuts that are necessary ·Health care—and why the current plans, from both Republicans and Democrats, are financially unhealthy Drawing on a comprehensive review of history, revelatory budgetary documents, and enlightening public opinion polls, Rasmussen lays out a step-by-step budget that could wipe out trillions from the national debt. It’s his job to call on the American people for their opinion. Resoundingly, they have called back with a collective voice that is at once hopeful, frustrated, honest, and angry. If only the American Political Class would listen. Until then, The People’s Money is a call to arms for the people to be heard, an ultimatum for a grossly out-of-touch American political system, and one of the most provocative, important, informed, and yet hopeful books on the economic state of the country yet written.
Download or read book Red Ink written by Gary R. Evans and published by Morgan Kaufmann. This book was released on 1997 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discussions and conversations about the U.S. federal budget are commonplace, filling living rooms, coffee shops, and talk radio. "Red Ink" offers an insightful, non-partisan explanation of the budget as a political document. The book examines the budget as well as discussing the current structure of the federal government.
Book Synopsis Why Budgets Matter by : Dennis S. Ippolito
Download or read book Why Budgets Matter written by Dennis S. Ippolito and published by Penn State Press. This book was released on 2016-06-07 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the first edition of Why Budgets Matter was published in 2003, the federal budget had fallen back into deficit. At the time, fairly modest changes in taxes and spending would have ensured that deficits and debt would remain at tolerable levels. Instead, the disconnect between taxes and spending that had plagued the United States since the 1960s grew even greater. A near-catastrophic economic collapse beginning in December 2007 then magnified the fiscal consequences of irresponsible policy choices. This new edition examines how and why the balanced-budget equilibrium of the 1990s was destabilized in the 2000s. It also places this latest partisan battle over the size of government in historical perspective by exploring its connection to earlier budget policy eras.
