This revised and expanded edition concerns the politics and processes of federal budgeting and the policies that emerge from them. In addition to statistics and extracts from important documents, the book features case studies that dramatize contemporary budgeting politics.
This revised and expanded edition concerns the politics and processes of federal budgeting and the policies that emerge from them. In addition to stat...
The federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling our nation's policies "unsustainable" and "system-dooming." As the deficit continues to grow, will America be fully able to fund its priorities, such as an effective military and looking after its aging population? In this third edition of his classic book The Federal Budget, Allen Schick examines how surpluses projected during the final years of the Clinton presidency turned into oversized deficits under George W. Bush. In his detailed analysis...
The federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling o...
Hana Polackova Brixi Allen Schick Sweder Van Wijnbergen
Governments at risk are facing major fiscal challenges as a result of their contingent liabilities. Contingent liabilities dubbed 'hidden deficits' account for a large share of the rise in government debt and tend to remain outside the framework of conventional public financial analysis and institutions. In many countries, the reality or prospect of unbudgeted fiscal risks coming due has been a wake-up call to extend fiscal management beyond the budgetary framework. This book offers practical guidance to governments seeking to improve the management of fiscal risks. It explores difficult...
Governments at risk are facing major fiscal challenges as a result of their contingent liabilities. Contingent liabilities dubbed 'hidden deficits' ac...