BBC Business Headlines

France to introduce digital tax in new year
France is to introduce its own tax on big technology firms from 1 January after EU-wide efforts stalled.


1MDB: Malaysia charges Goldman Sachs and two bankers
The bank and former employees are charged following an investigation of Malaysian state fund 1MDB.


Asos profits hit by fashion price-cutting
The online fashion giant says cutting prices to match rivals has not shifted more clothes.


Bloodhound supersonic car project saved
The supersonic vehicle could still race at 1,000mph after an entrepreneur bought the business.


Energy firms SSE and Npower scrap merger plan
SSE says the new energy price cap was one factor behind the decision to scrap the deal.



Search Books:

Join our mailing list:


Business Blogs

Paul Krugman

Manhood, Moola, McConnell and Trumpism
The motivations behind policy, from tariffs to the wall. read more...




Online Marketing for Busy Authors
Now available!



Buy the Book


Where Does the Money Go? Rev Ed: Your Guided Tour to the Federal Budget Crisis

by Scott Bittle and Jean Johnson

Published by Harper

Read Excerpt

Newly Revised and Updated

Updated to reflect on the financial crisis of 2008-09 and the sweeping legislation passed by the Obama administration in its first year, this is an irreverent and candid guide to the federal budget crisis that breaks down into plain English exactly what the Fat Cats in Washington are arguing about.

Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket? Here is essential information that every American citizen needs - - and has the right - - to know.

Now revised and updated to include current predictions about the effects of the Great Recession and President Obama’s healthcare overhaul, this guide to deciphering the jargon of the country’s budget problem covers everything from the country’s $12 trillion and growing debt to the fact that, for 31 out of the last 35 years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on every side of the fence have so far failed to effectively address this issue and explains what you can do to protect YOUR future.


pub date: 2011-01-18 | Paperback | 9780062023476