Review
"The deficit, public debt, trust funds, and entitlements--everyday topics, but frequently misunderstood. Gary Evans takes students of the budget process through an interesting and thought-provoking tour of components of the budget. Anyone who wants to understand current budget problems and entitlement reform in the United States should read this book."
--R. GLENN HUBBARD, RUSSELL L. CARSON Professor of Economics and Finance, Senior Vice Dean, Columbia Business School
Red Ink: The Budget, Deficit, and Debt of the U.S. Government FROM THE PUBLISHER
This descriptive, nonpartisan, and ideologically neutral approach to the U.S. federal budget provides a clear and detailed explanation of the intricacies of the budget, its history, and the institutional details that create it. RED INK offers a complete guide to the federal government's budget, its deficit, and its debt. Clear and practical discussions of taxes, entitlements, welfare, Social Security, Medicare, agricultural subsidies, trust funds, budget enforcement, and the politics of the deficit and deficit reduction are included.
FROM THE CRITICS
Booknews
Bypassing the political battle field surrounding it, describes the budget of the US government in terms of actual numbers in a manner accessible to college students and educated readers with no background in economics or accounting. Discusses the deficit and the debt, the historical origins of the debt, the present situation. the line-item budget, budgets of individual agencies, entitlements, trust funds, the legal framework, and the economic impact of deficits and their reduction. Includes a glossary of the arcane use of common words. Paper edition (244080-3), $29.95. The author commits to maintaining an updated Web site on the material. Annotation c. by Book News, Inc., Portland, Or.
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