Product Description: The underexamined art and science of managing the federal government's huge debt.Everyone talks about the size of the U.S. national debt, now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world's largest borrowers...read more

Product Description: How America went bankrupt and how we can save ourselves -- as a country and as individuals -- from economic disaster.The United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America's insolvency goes far beyond what our leaders are disclosing...read more

America is currently involved in one of the worst economic crises of modern times. As alarm increases over how the government will balance the budget, handle the debt, and maintain prosperity for the future, the minutia of debts and deficits remains incomprehensible to many. Why is it so hard to find ways to resolve the fiscal crisis? This brief and intelligible book is a guide to understanding both the difficulties involved in managing the federal budget and why the on-going fiscal crisis is so significant for America’s future. In order to introduce the reader to the basic composition of federal spending and to the ways that the government raises revenue, Hudson begins his guide with a "map" clarifying how to navigate the federal budget. He defines basic financial vocabulary and outlines concepts by using clear charts and diagrams that both provide basis for discussion and illustrate key points. With this budget map in mind, the second part of the book lays out how the partisan divide in America helps explain the fiscal crisis. Hudson analyzes the debate on the extent of the fiscal crisis, the ways that political parties have tried to solve it, and the political events and institutions that have surrounded the crisis. This citizen’s guide reveals how differing views of America inform the arguments over deficits and debt. By the time readers finish the book, they will understand that the conflict over deficits and debt is not simply about where to cut or add spending, but instead is a struggle over national priorities and visions for the future.

Product Description: This book offers a critical look at prominent theories of financial crisis to try to understand how prepared the profession is for identifying the next financial crisis. An analysis of the first financial crisis of the twenty-first century serves as a starting point for rethinking the efficacy of existing economic models and theories...read more

The Constitution grants Congress the power "to lay and collect taxes, duties, imposts, and excises." From the First Congress until today, conflicts over the size, role, and taxing power of government have been at the heart of national politics. This book provides a comprehensive historical account of federal tax policy that emphasizes the relationship between taxes and other components of the budget. It explains how wars, changing conceptions of the domestic role of government, and beliefs about deficits and debt have shaped the modern tax system. The contemporary focus of this book is the partisan battle over budget policy that began in the 1960s and triggered the disconnect between taxes and spending that has plagued the budget ever since. With the federal government now facing its most serious deficit and debt challenge in the modern era, partisan debate over taxation is almost completely divorced from fiscal realities. Continuing to indulge the public about the true costs of government has served the electoral interests of the parties, but it precludes honest debate about the urgent task of reconnecting taxes and budgets.

Product Description: "This budget serves as a blueprint for American Renewal. Its principled reforms empower individuals with greater control over their future. It places great faith in the wisdom of the Founders and promises to renew confidence in the superiority of human freedom...read more

Product Description: #1 New York Times bestselling author and nationally syndicated radio host Glenn Beck showcases his distinctive humor in taking on the political landscape in his fight to fix America—before it’s too late.As the most important presidential election in our history looms, ask yourself: Are America’s finances in better shape than they were four years ago? Or are we still BROKE? THE FACTS...read more

Paying taxes is an important part of keeping cities, states, and the country running. Readers will learn about the different things taxes pay forsuch as schools, police, and roadsand explain why taxes are the way we pay for these things. Each chapter answers a different question about the purpose for taxes or how they function; by the final chapter, readers will understand that everyones contributions add up to the things they see and use every day.

Product Description: Revolt! is a battle cry for the newly elected Republican majority from the New York Times bestselling authors of Outrage, Fleeced, Catastrophe, and 2010: Take Back America. Dick Morris and Eileen McGann offer a blueprint for rolling back the worst of the legislation passed by the Obama administration and an agenda for establishing new, conservative policies...read more

Product Description: A fascinating exposé explaining why the government we have bears so little relation to the government we want―and why the recent expansion of government programs will only exacerbate the problem.

Product Description: This book provides a summary and legislative history of P.L. 111-139, focusing on the features of the Statutory Pay-As-You-Go (PAYGO) Act of 2010. PAYGO establishes a process intended to enforce a rule of budget neutrality on new revenue and direct spending legislation...read more