THE PRICE OF POLITICS
By Bob Woodward
Simon & Schuster, 428 pp, $30
On the night of Nov. 6, the winner of the 2012 presidential election will deliver his victory speech from the edge of an abyss: the ?fiscal cliff,? our national Niagara, over which he and the rest of us will plunge in January if our leaders fail to avert a set of automatic spending cuts and tax increases. Bob Woodward?s latest book, ?The Price of Politics,? explains how we got this close to the brink. The fiscal cliff, as Woodward reminds us, is the Son of the Debt-Ceiling Debacle, an abomination born of the extended, fevered and largely fruitless negotiations between the Obama White House and congressional leaders during the summer of 2011.
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Source: http://feeds.washingtonpost.com/click.phdo?i=0886ed71d62386c556d16b34cda0a103
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