Bittle, Scott.

Where does the money go? : your guided tour to the federal budget crisis / Scott Bittle & Jean Johnson. - Rev. ed. - New York : Harper, 2011. - xiii, 350 p. : ill. ; 21 cm.

"Revised edition updated with even more debt!"--Cover.

The six points you need to know to understand the federal budget crisis -- So what's the worst that could happen? -- A little clarification is in order -- The tax tour (or money comes...) -- ...And money goes -- Social security and medicare--and why closing the deficit isn't enough -- If you think social security is bad, wait 'til you meet medicare -- Glib answers to a tough problem -- Do we have to throw granny out on the street? -- Waste not, want not? -- The liberals and the conservatives -- Politics, as usual -- The taxman cometh -- Tackling the long-term problem one bite at a time -- OK, if you're so smart... -- The "where does the money go" voter protection kit -- The last word: six realities we need to accept to solve this problem -- Appendix: Places to go, people to meet.

A layperson's guide to how government financial decisions affect one's retirement, health-care, mortgage, and other concerns explains how decision makers are influencing tax allocations and the federal deficit.

9780062023476 (pbk.) 0062023470 (pbk.)

2011411097


Budget deficits--United States.
Public welfare--Finance.--United States
Budget--United States.


United States--Appropriations and expenditures.

HJ2052 / .B58 2011