Where Does the Money Go?: Your
Guided Tour to the Federal Budget
Crisis by Jean Johnson
Important For Future Generations
From the editors of the award-winning nonpartisan Web site Public
Agenda Online comes this irreverent and candid guide to the federal
budget crisis that breaks down into plain English exactly what the fat cats
in Washington are arguing about
Federal debt will affect your savings, your retirement, your mortgage,
your health care, and your children. How well do you understand the
government decisions that will end up coming out of your pocket?
Here is essential information that every American citizen needs—and has
the right—to know. This guide to deciphering the jargon of the countrys
budget problem covers everything from the countrys $9 trillion and growing
debt to the fact that, for thirty-one out of the last thirty-five years, the

country has spent more on government programs and services than it has
collected in taxes. It also explores why elected leaders on every side of the
fence have so far failed to effectively address this issue and explains what
you can do to protect your future.
Personal Review: Where Does the Money Go?: Your Guided
Tour to the Federal Budget Crisis by Jean Johnson
I picked this up because it was a staff pick at a bookstore this summer. I
consider myself reasonably well-informed on news and general economic
issues, but I learned something new from every chapter of this relatively
short but extremely well-written book. The authors aren't partisan and ask
thought-provoking questions throughout. I recommended it to our book
group (whose usual preference is for fiction) and everyone found it
worthwhile reading. Our group includes both democrats and republicans,
and all of us thought the book was important, very readable, something we
would recommend for everyone to read. It prompted us to talk extensively
about the challenges faced by increasing national debt and deficit, and to
discuss possible ways to modify social security and medicare so that the
systems will remain solvent. One of the last chapters includes a detailed
map of the federal budget, which we read while appreciating that Obama's
transition team must be studying exactly the same information with the
charge of suggesting budgetary modifications. Highly recommended for
anyone from high school to senior citizens.
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