This volume explores the topics relating to the federal budget of the United States by presenting varied expert opinions that examine many of the different aspects that comprise these issues. The viewpoints are selected from a wide range of highly respected and often hard-to-find sources and...

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...