Book Description
As a fiscal document recording the spending, taxing, and borrowing policies for the coming year, the U.S. budget continues to be a model for other nations. This book focuses on the various phases of budget making, its historical background in fiscal and monetary terms, and special budgetary issues, including the budget balance, credit activities of Government-Sponsored Enterprises, the future health of Social Security, and the budget's relationship to the financial and "public goods" aspects of the international environment. Covering major changes in the structure and process of budgeting since 1989, when the book was first published, this volume covers new ground in many aspects of fiscal and financial policy, domestically and internationally.
About the Author
ANNETTE E. MEYER retired as Associate Professor of Economics at The College of New Jersey in 1992 and more recently has been Adjunct Assistant Professor of Economics at Hunter College.
Evolution of United States Budgeting: Revised and Expanded Edition FROM THE PUBLISHER
As a fiscal document recording the spending, taxing, and borrowing policies for the coming year, the U.S. budget continues to be a model for other nations. This book focuses on the various phases of budget making, its historical background in fiscal and monetary terms, and special budgetary issues, including the budget balance, credit activities of Government-Sponsored Enterprises, the future health of Social Security, and the budget's relationship to the financial and "public goods" aspects of the international environment. Covering major changes in the structure and process of budgeting since 1989, when the book was first published, this volume covers new ground in many aspects of fiscal and financial policy, domestically and internationally.
SYNOPSIS
Overviews the U.S. budgeting process, its historical background in fiscal and monetary terms, and such volatile issues as Social Security, surpluses, federal debt, and entitlement programs.
FROM THE CRITICS
Booknews
Meyer (retired, economics, College of New Jersey) outlines the history of the U.S. Federal Government's budgeting process. Chapters look at the processes of the executive budget, the congressional decision making on the president's proposal, and spending and control measures. The budget contents, its format, financing, and general trends in government expenditures and taxes over time are discussed. Topics related to spending limits, capital budgeting, Social Security, and the Government Sponsored Enterprises (GSEs) are also examined. Finally, matters of international finance as they relate to the budget are examined. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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