Why Budgets Matter

Why Budgets Matter

When the first edition of Why Budgets Matter was published in 2003, the federal budget had fallen back into deficit. At the time, fairly modest changes in taxes and spending would have ensured that deficits and debt would remain at tolerable levels. Instead, the disconnect between taxes and spending that had plagued the United States since the 1960s grew even greater. A near-catastrophic economic collapse beginning in December 2007 then magnified the fiscal consequences… (more)

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Book Details  


Publisher: Penn State University Press (October 22, 2015)

Page count: 368 pages

Language: English


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