CHECK IT OUT: A book to help anyone understand the federal budget

Published: Tuesday, March 19, 2013 at 06:32 PM.

The numbers that make up the federal budget and budget deficits are difficult to comprehend.

When hearing about trillions or billions of taxpayer dollars that are appropriated here or there, it is easy to lose track of the fiscal picture.

David Wessel’s “Red Ink” is a call to action for Americans to be aware of where money from the federal budget goes and comes from.

He explains — in plain language — our budget’s current state, its history, and what measures are needed and not needed to have a more balanced budget.

Here's some interesting information I was not aware of: "About $1 of every $4 the federal government spends goes to health care today, and that share is rising inexorably."

Also, "nearly two-thirds of annual federal spending is on autopilot and doesn’t require an annual vote by Congress."

Read this short but informative book and let knowledge be your guide when casting a vote.

1 2

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

▲ Return to Top

Local Faves