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The Price of Politics

The Price of Politics
Bob Woodward

September 11th, 2012

Price: $12.99

(as of 2012-10-06 11:06:26 PST)

Politics & Social Sciences

Rating: 3.7 / 5.0 (80 votes)

Released: 2012-09-11

The Price of Politics by Bob Woodward


the cost of Politics chronicles the inside story of ways Presidentificationent Obama and the U.S. Congress attempted, and failed, to restore the yank financial system and set it on a path to fiscal stability. It spans the three and a part tumultuous years beginning simply before Obama’s inauguration in early 2009 and lasting during the summer season of 2012.

Woodward pierces the secretive world of Washington policymaking once once more, with a close-up story made from assembly notes, files, working papers and interviews with key players, including Presidentificationent Obama and area Speaker John Boehner.

on the middle of the cost of Politics is a top-stakes non-public and political fight among the presidentificationent and the speaker. the cost of Politics takes the reader during the electric 44 days right through the summer season of 2011 with day-by-day, steadily hour-by-hour, bills as the two strive a “grand cut price” to cut entitlement spending and increase tax revenue.

As they fightd via probably the most severe moments of the trouble, each contended with powerful conflicts in his own party. on the prospect of significant finances cuts, Obama told Woodward, “Our pals on the left may howl and act as if we had dismantled the brand new Deal.” In the house, Boehner was having a look over his shoulder, being concerned that his second-in-command, Majority leader Eric Cantor, was undermining him in concert with extreme conservative area members and others with ties to the anti-tax Tea party. on the related time, Boehner defined the presidentificationent as “moaning and groaning and whining and important. Threatening. He was lovely determined.”

the cost of Politics presentations why the grand cut price was never reached, and the way the presidentificationent, the speaker and the Congress settled for stopgap measures that delayed any severe deficit relief until 201three.

With extensive documentation and firsthand bills, Woodward finds how the broken dating among the White area and Capitol Hill drove the U.S. financial system to the edge of the fiscal cliff, the place it is still.

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writer: Bob Woodwardpublisher: Simon cff047eight SchusterBinding: Kindle editionLanguage: EnglishPages: 44eight

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