Red Ink

Red Ink

Inside the High-stakes Politics of the Federal Budget

Book - 2012
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Random House, Inc.
David Wessel, the Pulitzer-Prize-winning reporter, columnist, and bestselling author ofIn 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.

Baker & Taylor
Presents a narrative analysis of the federal budget that reveals how funds were actually spent in 2011, evaluating the roles of such contributors as Jacob Lew, Douglas Elmendorf, and Pete Peterson.

Baker
& Taylor

The Pulitzer Prize-winning author of In Fed We Trust presents a narrative analysis of the federal budget that reveals how funds were actually spent in 2011, evaluating the roles of such contributors as Jacob Lew, Douglas Elmendorf and Pete Peterson. 40,000 first printing.

Publisher: New York : Crown Business, c2012
Edition: 1st ed
ISBN: 9780770436148
0770436145
Branch Call Number: 336.73 W516r
Characteristics: 204 p. : ill. ; 22 cm

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StarGladiator
Apr 20, 2014

Oh, wow, people, Wessel [who claims on NPR there is some sort of government agency which miraculously tracks every American who is, and is not, looking for employment] looks through the eyes of ??? key people ??? like Jacob Lew, who was unable to pay off his mortgage loans while employed at NYU, so they paid them off for him [no doubt for ending the collective bargaining rights of grad students there], and who received his bonuses at Citi through TARP bailout funds, i.e., taxpayer monies; and Pete Peterson, who has done more harm to the American tax base, through all that private equity leveraged buyouts, destroying companies, employment, asset stripping and dramatically increasing debt, than the next 1,000 Wall Streeters combined!

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binational
Sep 10, 2012

If you want an uncontroversial statement of pure conventional wisdom à la Wall Street Journal, this one is for you. I learned nothing from it.

mnack Sep 06, 2012

A 'must read' for anyone interested in getting past the partisan dialogue about our economic situation to learn where we really are.

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