Updates and expands the assessment of the long-term budgetary outlook, addressing such issues as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. Concludes with a look at how the nation's deficit will affect America now...

Provides analysis of how campaign finance and spending shaped the historic presidential and congressional races of 2008; latest in a series of volumes on the costs and trends of campaign finance published since 1960. - Provided by publisher