Payment Due: A Nation In Debt, A Generation In Trouble

by Penny,Timothy J

• ISBN13: 9780813325996
• ISBN10: 0813325994
• Format: Nonspecific Binding
• Copyright: 1996-02-23
• Publisher: Routledge

Summary

Today's children and grandchildren are tomorrow's taxpayers and social fabric, and this book contends that we are setting them up for economic disaster with our current policies of federal overspending. Former Representative Tim Penny (D-Minn.) and political scientist Steven Schier take us inside the Capitol to show us the lobbying, arm twisting, and pork barreling that goes on to derail policies designed to reduce the federal deficit; and they offer students the opportunity to try out short- and long-term solutions, to better understand and confront the political, social, and moral payments now coming due.

Author Biography

Timothy J. Penny (D-Minn.) recently retired from the U.S. House of Representatives, where he led the fight for deficit reduction, and is the author--with Major Garrett--of Common Cents (1995). Timothy J. Penny (D–Minn.) recently retired from the U.S. House of Representatives, where he led the fight for deficit reduction, and is the author—with Major Garrett—of Common Cents (1995). Steven E. Schier author of A Decade of Deficits (1992), is professor of political science at Carleton College and director of the Carleton in Washington program.

Table of Contents

Dilemmas in American Politics	p. ii
Illustrations	p. xi
Preface and Acknowledgments	p. xiii
A Clear and Present Dilemma	p. 1
Origins of the Dilemma	p. 25
Politics and Institutions: The Dilemma's Context	p. 49
False Starts: Two Failures to Reform	p. 71
Principles, Solutions, and Leadership	p. 97
Discussion Questions	p. 127
Glossary	p. 129
Options for 2030: Long-Term Entitlement Reforms	p. 133
Notes	p. 151
References	p. 153
To Learn More	p. 159
About the Book and Authors	p. 161
Index	p. 163
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