Wessel - Red ink : inside the high-stakes politics of the federal budget
Here you can read online Wessel - Red ink : inside the high-stakes politics of the federal budget full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. City: New York, USA., United States, year: 2012, publisher: Crown Business, genre: Politics. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:
Romance novel
Science fiction
Adventure
Detective
Science
History
Home and family
Prose
Art
Politics
Computer
Non-fiction
Religion
Business
Children
Humor
Choose a favorite category and find really read worthwhile books. Enjoy immersion in the world of imagination, feel the emotions of the characters or learn something new for yourself, make an fascinating discovery.
![No cover](/templates/la/images/nocover.jpg)
Red ink : inside the high-stakes politics of the federal budget: summary, description and annotation
We offer to read an annotation, description, summary or preface (depends on what the author of the book "Red ink : inside the high-stakes politics of the federal budget" wrote himself). If you haven't found the necessary information about the book — write in the comments, we will try to find it.
In a narrative about the people and politics behind the federal budget, Wall Street Journal economics editor David Wessel, author of the New York TImes bestseller In Fed We Trust, looks at where the money comes from, how the government spends taxpayers money, and why the budget is on an unsustainable trajectory. Few topics are more contentious or more consequential than the federal budget. For on thing, the numbers boggle the mind. The U.S. government spent $3.6 trillion in fiscal 2011--$400 million an hour--more than $30,000 per household. That is as much as all the goods and services produced by the entire economy of Germany, the fifth-largest economy in the world. In an account written for those who live outside the Beltway, Wessel explains the vast scope of the budget and puts its growth in historical context. When Franklin Roosevelt was elected president in 1932, federal spending stood at 4.3 percent of the GDP; today it is almost six times that, accounting for one dollar out of every four int he overall economy. He tells us, fro example: The U.S. defense budget is greater than the combined defense budgets of the next seventeen highest defense spenders; The federal government gives up almost as much money for tax loopholes, deductions, credits, and other tax breaks as it collects in individual and corporate income taxes; Firing every federal government employee wouldnt save enough even to cut the budget deficit in half. Next. he pulls back the curtain to show us where all that money goes, introducing us along the way to some of the key figures who help to shape the budget and guide policy over taxes and spending, from Jack Lew, former director of the Office of Management and Budget (OMB) under Presidents Clinton and Obama and current White House chief of staff, and Representative Paul Ryan to Douglas Elmendorf, director of the Congressional Budget Office, and Leon Panetta, director of the OMB from 1993 to 1994 and current secretary of defense. Finally, Wessel walks us through the nuts and bolts of why current budget trends are unsustainable. As he makes painfully clear, Americas twentieth-century tax code cant support a twenty-first-century budget. Read more...
Abstract: 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.
In a narrative about the people and politics behind the federal budget, Wall Street Journal economics editor David Wessel, author of the New York TImes bestseller In Fed We Trust, looks at where the money comes from, how the government spends taxpayers money, and why the budget is on an unsustainable trajectory. Few topics are more contentious or more consequential than the federal budget. For on thing, the numbers boggle the mind. The U.S. government spent $3.6 trillion in fiscal 2011--$400 million an hour--more than $30,000 per household. That is as much as all the goods and services produced by the entire economy of Germany, the fifth-largest economy in the world. In an account written for those who live outside the Beltway, Wessel explains the vast scope of the budget and puts its growth in historical context. When Franklin Roosevelt was elected president in 1932, federal spending stood at 4.3 percent of the GDP; today it is almost six times that, accounting for one dollar out of every four int he overall economy. He tells us, fro example: The U.S. defense budget is greater than the combined defense budgets of the next seventeen highest defense spenders; The federal government gives up almost as much money for tax loopholes, deductions, credits, and other tax breaks as it collects in individual and corporate income taxes; Firing every federal government employee wouldnt save enough even to cut the budget deficit in half. Next. he pulls back the curtain to show us where all that money goes, introducing us along the way to some of the key figures who help to shape the budget and guide policy over taxes and spending, from Jack Lew, former director of the Office of Management and Budget (OMB) under Presidents Clinton and Obama and current White House chief of staff, and Representative Paul Ryan to Douglas Elmendorf, director of the Congressional Budget Office, and Leon Panetta, director of the OMB from 1993 to 1994 and current secretary of defense. Finally, Wessel walks us through the nuts and bolts of why current budget trends are unsustainable. As he makes painfully clear, Americas twentieth-century tax code cant support a twenty-first-century budget
Wessel: author's other books
Who wrote Red ink : inside the high-stakes politics of the federal budget? Find out the surname, the name of the author of the book and a list of all author's works by series.