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" David Wessel, the
Pulitzer-Prize-winning reporter, columnist, and bestselling author of
"In Fed We Trust," dissects a topic--the federal budget--that is
fiercely debated today in the halls of Congress and the media, and yet
is misunderstood by the American public.
In a sweeping narrative
about the people and the politics behind the budget, Wessel looks at the
2011 fiscal year (which ended September 30) to see where all the money
was actually spent, and why the budget process has grown wildly out of
control. Through the eyes of key people--Jacob Lew, White House director
of the Office of Management and Budget; Douglas Elmendorf, director of
the Congressional Budget Office; Blackstone founder and former Commerce
Secretary Pete Peterson; and more--Wessel gives readers an inside look
at the making of our unsustainable budget."
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