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Where Does the Money Go?: Your Guided Tour to the Federal Budget Crisis
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Binding: Paperback
Dewey Decimal Number: 336.73
EAN: 9780061241871
ISBN: 0061241873
Label: Collins Business
Manufacturer: Collins Business
Number Of Items: 1
Number Of Pages: 336
Publication Date: February 01, 2008
Publisher: Collins Business
Release Date: February 12, 2008
Studio: Collins Business
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Editorial Review: From the editors of the award-winning nonpartisan Web site Public Agenda Online comes this irreverent and candid guide to the federal budget crisis that breaks down into plain English exactly what the fat cats in Washington are arguing about
Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket?
Here is essential information that every American citizen needs—and has the right—to know. This guide to deciphering the jargon of the country's budget problem covers everything from the country's $9 trillion and growing debt to the fact that, for thirty-one out of the last thirty-five years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on every side of the fence have so far failed to effectively address this issue and explains what you can do to protect your future.
Customer Reviews
Average Rating: 
Rating: - the awful truth
The awful truth is that we have been fooling ourselves and we have let ourselves be fooled, both voters and politicians themselves. Fooled ourselves into thinking that the finances of the United States are just fine.
This book tells us what a financial disaster awaits us the next few decades. The worst thing is, apparently it is not even a major theme in the current presidential election, because we have picked presidential candidates that are not strong in economics. Another four years ... Read More
Rating: - MUST READING FOR 2008! A very good introduction and overview
This book makes these very complex topics easy reading. As other reviewers here mention, the book spends a disproportionate amount of time on SS and Medicare, and almost no time on Defense. (My guess is because this a bi-partisan effort, and people on opposite sides of the fence tend to disagree strongly in the area of defense.) Regardless, this is a wonderful book and helped me to better understand how a lot of this stuff works. I especially enjoyed the chapter on "pork" spending -- and how it amounts ... Read More
Rating:  - A sobering account of America's finances
Even as a CPA, I had never really thought about what the country's national debt (over $9 trillion and climbing) meant to me and future generations.
You don't have to be a CPA to get something out of this book; it is written in a manner that provides nice summaries of complicated issues. Even better, it provides references so you can learn more. The book is balanced and does not appear to have a political slant.
As increasing Federal deficits affect every American, I can't ... Read More
Rating: - Federal Budget Problems
This is an excellent book which describes in understandable terms the problems with the federal budget deficits and growing national debt
Rating: - What Is the Money Going For?
Where Does the Money Go? Your Guided Tour to the Federal Budget Crisis by Scott Brittle and Jean Johnson reminds readers how much of our tax dollars are returned to us in the form of Social Security and Medicare. And, every year there is more health care to buy. Brittle and Johnson also offer suggestions and recommendations for the future but the main objective is to convince citizens that the crisis has been slow in coming and will take a lot of unavoidable sacrafices. The primary focus is on America's ... Read More
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