Balancing the Federal Budget
Balancing the Federal Budget: Eating the Seed Corn or Trimming the Herds? Irene Rubin, Irene S. Rubin
Publisher: Chatham House Publishers
ISBN: 1889119628
Edition: Paperback; 2002-12-30
Summary:
In this timely new book, one of America's most respected public
administration analysts focuses her attention on how government tried
and eventually succeeded in balancing the US federal budget in 1998.
With characteristic insight and a lively narrative, Rubin describes
the successive efforts of Congress and the administration over
seventeen years to shape a process that would encourage balance and
the reactions of federal agencies to the pressure. The story of the
damage done to agencies as they dealt with reductions and how long it
took to recover is told here for the first time. This book asks and
answers such crucial questions such as: Did Washington prioritize
wisely, trimming back programs in a rational and efficient manner, or
did it cut what was easy to cut or what was politically attractive to
the party in power? The true drama of politics on Capitol Hill is
rendered more vividly by Rubin's own experience working in
Washington, D.C., and her personal interviews with the players
involved. Most important, the story that Rubin tells in this book is
ongoing, as the Bush administration and Republicans face the
consequences of their huge tax cuts while funding the war on
terrorism and seeking to restore confidence in a shaken economy.
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