Balancing Act: Washington's Troubled Path to a Balanced Budget
George Hager, Eric PianinISBN: 0679756078;
"A compelling book on budget-balancing, past and present. Not only is it a useful historical reference work but it is amazingly relevant to today's headlines." --Business Week Why did it take twenty-five years to balance the federal budget? And why did that goal seem politically impossible up until the last possible moment? Why hasn't the nation achieved a single budget surplus since 1969? Why did the first Republican Congress since the 1950s fail so miserably to redeem its most important promise tovoters? In Balancing Act, George Hager and Eric Pianin, two of the country's top political journalists, provide fascinating answers. The question of the deficit is the reigning obsession of modern politics. Never simply a quarrel over numbers, the deficit has always been a moral issue as well as a fiscal one--a bitter fight to the political death over competing ideas about the right to shape the nation's values and to proclaim publicly what those values are. Bringing key political...
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