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(as of 2012-10-06 20:39:18 PST)

Politics & Social Sciences

Rating: 3.8 / 5.0 (105 votes)

Released: 2012-09-11

The Price of Politics by Bob Woodward


The Worth of Politics chronicles the inside story of how President Obama and the U.S. Congress tried, and failed, to restore the American economic system and set it on a direction to fiscal steadiness. It spans the three and a 1/2 tumultuous years beginning simply earlier than Obama’s inauguration in early 2009 and lasting in the course of the summer time of 2012.

Woodward pierces the secretive world of Washington policymaking as soon as again, with a detailed-up story crafted from assembly notes, paperwork, working papers and interviews with key gamers, including President Obama and House Speaker John Boehner.

On the middle of The Price of Politics is a high-stakes personal and political battle between the president and the speaker. The Value of Politics takes the reader during the electrical forty four days during the summer time of 2011 with day-with the aid of-day, often hour-by way of-hour, money owed as the 2 attempt a “grand bargain” to cut entitlement spending and raise tax earnings.

As they struggled via essentially the most severe moments of the situation, every contended with highly effective conflicts in his personal celebration. On the prospect of significant price range cuts, Obama told Woodward, “Our friends on the left would howl and act as if we had dismantled the New Deal.” withIn the Home, Boehner used to be having a look over his shoulder, caring that his 2nd-in-command, Majority Chief Eric Cantor, was undermining him in live performance with excessive conservative Home individuals and others with ties to the anti-tax Tea Birthday Celebration. At the same time, Boehner described the president as “moaning and groaning and whining and irritating. Threatening. He was lovely desperate.”

The Price of Politics presentations why the grand bargain was once by no means reached, and the way the president, the speaker and the Congress settled for stopgap measures that delayed any severe deficit discount unless 2013.

With extensive documentation and firsthand accounts, Woodward reveals how the broken relationship between the White Home and Capitol Hill drove the U.S. economic system to the threshold of the fiscal cliff, where it remains.

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eBook Details

Author: Bob Woodward Publisher: Simon & Schuster Binding: Kindle Model Language: English Pages: 448

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