Aug 13, 12
Read in August, 2012
Interesting read on the federal budget. Wessel gives a short history and explanation of how the federal government's funds are generated and where those funds are spent. The figures are overwhelming but any reader would find the book informational. The most powerful quote from the book comes from the CBO's director Doug Elmendorf, "The country faces a fundamental disconnect between the services the people expect the government to provide, particularly in the form of benefits for older Americans, and the tax revenues that people are willing to send the government to finance those services."