Why Budgets Matter: Budget Policy and American Politics; Revised and Updated Edition

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Penn State Press, 7. jun. 2016 - 368 strani

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 of irresponsible policy choices. This new edition examines how and why the balanced-budget equilibrium of the 1990s was destabilized in the 2000s. It also places this latest partisan battle over the size of government in historical perspective by exploring its connection to earlier budget policy eras.

 

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List of Figures and Tables Preface
Perspectives on Budget Policy
The Small Government Era 17891860
Budgeting for Government Growth 18601915
The Transition to Modern Government 19151940
War and Defense Budgets 19401970
Social Welfare Budgets and Deficits 19701990
Reconciliation and Balanced Budgets 19902001
Destabilizing Budget Policy 2001
Selected Bibliography
Index
Avtorske pravice

Druge izdaje - Prikaži vse

Pogosti izrazi in povedi

O avtorju (2016)

Dennis S. Ippolito is Eugene McElvaney Professor of Political Science and Chairman of the Department of Political Science at Southern Methodist University.

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