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For years now, Americans have called for a balanced budget, debt reduction, and fiscal sanity. Yet the federal government continues to spend beyond its income, driving the level of federal debt up and public confidence down. Why is that? Why have the monsters of public finance?pork-barrel spending, entitlements, and the deficit?remained unchecked f
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This book discusses the principal concepts, the most prominent theories, the primary processes, and the language of American economic policy. It is intended for students of American politics as an introduction to the American political economy.