Home » Balancing Act: Washingtons Troubled Path to a Balanced Budget by George Hager
Balancing Act: Washingtons Troubled Path to a Balanced Budget George Hager

Balancing Act: Washingtons Troubled Path to a Balanced Budget

George Hager

Published September 29th 1998
ISBN : 9780679756071
Paperback
368 pages
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 About the Book 

A compelling book on budget-balancing, past and present. Not only is it a useful historical reference work but it is amazingly relevant to todays headlines. --Business WeekWhy did it take twenty-five years to balance the federal budget? And whyMoreA compelling book on budget-balancing, past and present. Not only is it a useful historical reference work but it is amazingly relevant to todays headlines. --Business WeekWhy 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 hasnt 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 to voters? In Balancing Act, George Hager and Eric Pianin, two of the countrys 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 nations values and to proclaim publicly what those values are. Bringing key political players like Newt Gingrich, Bill Clinton, Ronald Reagan, and George Mitchell vividly to life, Hager and Pianin provide a gripping and revealing look at what goes on behind the closed doors of Capitol Hill.Vivid . . . provocative . . . rich in anecdote and drama, [Balancing Act] is a useful primer on the history of deficit spending--Los Angeles Times